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In recent days, central banks from the around the world have been actively exploring the prospect of issuing digital currencies. The Bank of England (BOE) has continued to press forward with research into models for central bank-issued currencies, with BOE governor Mark Carney expressing his openness to the idea of issuing a digital currency in … Read more
There are many different opinions on whether or not Bitcoin and other cryptocurrencies have a bright future ahead. The International Monetary Fund seems confident there is no need to regulate this industry at this stage, even though other officials see things differently. Dong He of the IMF is convinced that cryptocurrencies may replace central bank money in … Read more
Cryptocurrencies don’t meet the requirements of money, according to the South African Reserve Bank which has decided to call them by a different name. It’s one that does not imply either currency or cryptography. “We prefer to use the word ‘cyber-token’,” said a high-ranking official of the central bank in Pretoria, adding another entry into … Read more
The Satoshi Revolution: A Revolution of Rising Expectations Section 3: Decentralization Chapter 8, Part 1. Crypto: Civil Law Versus Common Law “World’s Second Most Valuable Cryptocurrency Under Regulatory Scrutiny.” “Bitcoin CRACKDOWN: IMF chief Christine Lagarde calls for cryptocurrency regulation.” “France announces Bitcoin regulations amid cryptocurrency ‘bloodbath’.” 2018 is the year in which cryptocurrency will be … Read more
IMF risk report on global finance isn’t concerned by crypto #NEWS Go to Source Powered by WPeMatico
The Bank of Japan has become the latest government financial institution to recognize the risks of state-issued cryptocurrencies. According to its Deputy Governor Masayoshi Amamiya, a national digital coin may jeopardize the traditional financial system established in developed countries. The Japanese central bank has no plans to issue its own crypto, he said. Also read: … Read more
With so many countries focusing on Bitcoin regulation these days, one wouldn’t necessarily expect to see things evolve in a positive direction. As of right now, most of Europe still remains on the fence about regulating this new form of money, although some progress has been made. Surprisingly, Christine Lagarde of the International Monetary Fund would much rather see … Read more
IMF chief Christine Lagarde has dedicated her latest two blog posts on the official IMF website to cryptocurrencies. In her latest post, she outlines multiple benefits of crypto and envisages a large-scale shift away from government-issued currencies towards cryptocurrencies. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space 2 Blog Posts Dedicated to Crypto The … Read more
Bank of Japan will not be issuing its own digital currency for now, but says it is open to applying emerging innovations in the future. #NEWS Go to Source Powered by WPeMatico
Don’t fall for “crypto-euphoria” but look at “potential benefits,” says IMF chief Lagarde. #NEWS Go to Source Powered by WPeMatico
