Central Bank Digital Currencies Could Fuel Bank Runs, BIS Says
A central bank-issued digital currency could fuel faster bank runs during periods of financial stability, the BIS said Monday.
Dutch Finance Minister Advises Government on Cryptocurrency
In a six-page letter to the Dutch senate and house, Finance Minister Wopke Hoekstra has outlined his concerns over the rapid and dramatic growth in cryptocurrencies. Hoekstra emphasized that there has been little time to understand and react to the changing landscape and that the current supervision and regulatory framework is ill equipped to deal […]
Report: South Korea Could Ease Its ICO Ban
South Korea’s ban on initial coin offerings (ICOs) could be relaxed in the months ahead, according to a new report.
Indian Finance Commission Member Shaktikanta Das: “It Is Impossible to Effectively Regulate Cryptocurrencies”
As of late, the Indian government has expressed keen interest in developing countrywide blockchain initiatives, but top officials are not too fond of cryptocurrencies themselves. Moving ahead, the country has been weighing its options, but some, like Shaktikanta Das, who heads a financial commission tasked with looking at cryptocurrencies and other financial matters, are asserting that regulation is too […]
Bitcoin News Summary – Mar 12, 2018
The post Bitcoin News Summary – Mar 12, 2018 appeared first on 99 Bitcoins. Here’s what happened this week in Bitcoin in 99 seconds. Bitcoin is currently trading in the $8500 region. The price drop from the near $20,000 high of mid-December 2017 has been blamed on the sale of over 35,000 Bitcoins […]
How Blockchain Can Solve Problems for Online Gambling Sites?
This is a submitted sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. What are Blockchain Casinos and How Do They Work? Blockchain casinos are becoming increasingly popular on the internet and, if you’ve just discovered the term, here’s a quick […]
Crowdholding: A New Way to Earn Cryptocurrency
This is a submitted sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. The cryptocurrency ecosystem is growing at a ferocious rate. From nations looking to create their own token, to large corporations looking into implementing blockchain technologies into their structures, […]
Venezuelan President Claims Petro Pre-Sale Raked in $5 Billion
Venezuelan President Nicolás Maduro claimed the pre-sale of the country’s oil-backed cryptocurrency, the Petro (PTR), has raised $5 billion and recorded over 186,000 certified purchases, according to local news source TeleSUR. The announcement came during a meeting with members of the United Socialist Party of Venezuela (PSUV), in Caracas. During the meeting, Maduro explained that […]
Week in Review: “Defining” Moments in Cryptocurrencies
While Japan has been cracking down more on cryptocurrency exchanges recently, we see the state of Wyoming opening things up to make the state more attractive to the technology. At the same time, the SEC defined ICOs as money transmitters and crypto exchanges as money exchange businesses. It is rapidly becoming easier to run afoul […]
A Bitcoin Twitter War Is Raging And No Account Is Safe
A years-long intellectual debate on bitcoin’s technological roadmap has spilled over into Twitter, resulting in a wave of suspicions and shadowbans.