Posts Tagged ‘Banken’
Kenyan Police Arrest Bitcoin Traders Due to Alleged Banking Fraud
The funds were reportedly stolen by a person using the pseudonym “BADASS20” from the I&M Bank and a Safaricom Pay Bill account.
Read MoreBank of France Governor Warns on Bitcoin Risks
Speaking at an event in China, Villeroy said that Bitcoin’s value and extreme volatility have no economic basis and those who invest in it do so entirely at their own risk.
Read MoreCanadian Financial Institutions Analyze Feasibility of Central Bank-Issued Digital Currencies
According to the document, there are six possible benefits that a central bank can reap for the issuance of a virtual currency.
Read MoreBank Of France Governor: Bitcoin ‘Isn’t a Cryptocurrency’
As Bitcoin reaches for $11,000 a second time, Bank of France calls time on its identity as a “cryptocurrency.”
Read MoreGoldman Sachs CEO Open to Considering Bitcoin Trading Once Currency Becomes Established
Unlike heavyweights in the financial industry like Jamie Dimon and Warren Buffett, Goldman Sachs CEO Lloyd Blankfein has been open-minded about Bitcoin. He foresees a Bitcoin strategy for Goldman Sachs if it gets more established.
Read MoreBitcoin Not Threat to Global Economy, Says Bank of England
In an interview with BBC Radio 5 Live, Cunliffe reasoned out that Bitcoin was too small to present any threat to the worldwide economy. He added that investors should do a comprehensive analysis of the reasons behind the virtual currencies phenomenal rise to avoid risks.
Read MoreBitcoin’s Flurry Is Fear-of-Missing-Out: USB Trader Art Cashin
UBS director of floor operations at the New York Stock Exchange. Art Cashin, is pretty bearish on Bitcoin, but where he sees FOMO, other may see mainstream adoption.
Read MoreBitcoin Revolution and The Great Central Bank Divide
Because there is no set jurisdiction in common opinion on Bitcoin and its uses to different states, there are varying views taken by central banks across the globe.
Read MoreZimbabwean Central Bank Considers Bitcoin ‘Illegal’
According to the Reserve Bank of Zimbabwe’s Director and Registrar, Norman Mataruka, the use of “Bitcoin … is not actually legal” within the country’s jurisdiction.
Read MoreKorea’s Second Largest Bank Building Secure Crypto Wallet Services
In another major win for Bitcoin institutional adoption, the second largest bank in South Korea is planning to create new cryptocurrency wallets for their users.
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