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Crypto news

Breaking news headlines about Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC) and blockchain technology.

Crypto news

Crypto Libra is not acceptable in any way in France

Crypto Libra is not acceptable in any way in France

02:33 pm 2019-10-17

France's Minister of Finance and Economy said Crypto Libra is unacceptable in any way, describing the currency as an intrusion into the political sovereignty of states in general. In an article published in the Financial Times on Thursday (October 17th), French Minister Bruno Le Meyer stressed that the Facebook-led project exploits the sovereign right of states to issue their currencies, which will have enormous and unexpected consequences. Libra signed its charter earlier this week in Geneva with 20 other members. When the euro was created in 1999, member states surrendered aspects of their sovereignty to Europe's largest…

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Blockchain arrives in Bermuda to a digital national ID

Blockchain arrives in Bermuda to a digital national ID

08:18 am 2019-10-17

The first phase of Bermuda's National Blockchain-based e-Identification program has begun operation, one of the very few initiatives anywhere. The digital identity solution for citizens, businesses and government agencies is important, and the Perseid e-ID project is implemented in partnership with Perseid Network and Shyft Network. According to a press release from Shyft, on Wednesday, October 16, the first phase requires the creation of the Perseid Layer to launch smart contracts such as the Shyft Network's Financial Task Force (FTAFT) solution, as well as data and compliance standards. Bruce Selkov, CEO of Perside, said: “When e-ID…

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​Digital Currency You need a global regulatory - Bank of France

​Digital Currency You need a global regulatory - Bank of France

08:08 am 2019-10-17

A French central bank governor has called for a global regulatory framework for Digital Currency around the world, local and international media reported. In a speech at an official meeting of the Monetary Forum and Financial Institutions (OMFIF), in London, last Tuesday, October 15, Denis Beau, deputy governor of the Bank of France, said: "There is already a need for general consistency of the cryptocurrency market to prevent regulatory arbitrage under" the same activities, the same risks, the same rules. " The only way to ensure that was to have a uniform regulatory system for such…

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Crypto Libra attached to the withdrawal of companies from the project

Crypto Libra attached to the withdrawal of companies from the project

03:16 pm 2019-10-16

The president of Calibra, on Facebook, claimed that the withdrawal of the seven companies from the recent Crypto Libra project, had no impact on the project. In an interview with Yahoo Finance, on Wednesday, October 15, Calibra's David Marcus argued that Facebook's digital currency project is not in concern after the withdrawal of the following companies: PayPal, Visa, Mastercard, Stripe, eBay, Mercado Pago, and Booking, who They resigned from the Libra Association. Marcus confirmed that companies outside the official association will still be able to provide services on the platform: "One thing that is not well…

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Blockchain starts relying on EY to improve transparency

Blockchain starts relying on EY to improve transparency

02:43 pm 2019-10-16

Professional services giant EY (Ernst & Young) has begun to use emerging Blockchain technology to help governments improve transparency and accountability in the management of public funds. The company, one of the four major accounting firms, announced the news in a press release Wednesday (October 16th), saying that the new EY OpsChain Public Finance Manager, "backed by block chain technology," will compare government spending programs with spending results, even when they pass. Funds across different layers of government and public service agencies. It was requested to track funds in real time and “create a single source of…

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​Facebook Coin Libra and press it to bring out Crypto yuan

​Facebook Coin Libra and press it to bring out Crypto yuan

08:07 am 2019-10-16

Analysts at RBC Capital Markets have suggested that the strangulation of Facebook's Facebook Coin Libra could leave room for the cryptocurrency of the Chinese central bank (CBDC) to control emerging economies. On October 15, Markets Insider Financial News reported that RBC analysts believed that once Facebook announced Libra's plans, China had converted the yuan-backed CBDC development into the following equipment. RBC wrote to customers: "If US regulators eventually reject the Libra cryptocurrency, and decide not to draft regulations to encourage crypto innovation in the United States, the CBDC may be strategically positioned to become the…

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Crypto Libra is an important motivational event - Riksbank

Crypto Libra is an important motivational event - Riksbank

11:59 am 2019-10-15

Riksbank, Sweden's president, called Facebook's Crypto Libra project a “very important catalytic event” that motivates the world's central banks to prepare for digital transformation. In an interview with Skookbox Europe, at CNBC, on Tuesday, October 15, Riksbank Governor Stefan Ingves said: "It was an incredibly important motivational event to shake the tree somewhat when Libra came out of blue, and that forced us to think carefully about what we're doing." Speaking as the head of the central bank in a country where the non-monetary revolution is in full swing - with cash payments representing only 2% of…

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Blockchian witnesses cooperation between DCCI and Emirates NBD

Blockchian witnesses cooperation between DCCI and Emirates NBD

10:54 am 2019-10-15

The Dubai Chamber of Commerce and Industry (DCCI) has signed a Memorandum of Understanding (MoU) with Emirates NBD to develop the use of Blockchian in UAE business operations in general. The Dubai Chamber, which operates as an international business center in Dubai, has signed a Memorandum of Understanding (MoU) with the government-owned National Bank of Dubai, the Saudi Gazette in the Middle East reported Monday (October 14th). The Bank, one of the largest banking groups in the Middle East by assets, will offer trade finance solutions for the Digital Silk Road, the Dubai 10x initiative, which…

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Blockchain is in a new stage of auto identification

Blockchain is in a new stage of auto identification

01:17 pm 2019-10-14

Blockchain technology has become very important in the automotive industry in general, where the past two years and has witnessed many tests of technology in this field. Five major carmakers - BMW, GM, Ford, Renault and Honda - will begin testing and pushing the vehicle identification system through Block Chain technology next month in the United States. Nikkei Asian Review reported on Monday, October 14, that the partnership aims to test the vehicle identifier system developed under the Mobility Open Blockchain initiative. As part of the project, digital vehicle identifiers associated with the property, service history and…

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Cryptocurrency participates in the list of world wealth

Cryptocurrency participates in the list of world wealth

10:10 am 2019-10-14

Cryptocurrency has emerged in something new, that is, being in the list of the world's largest wealth, so there were many members working in the market on this list. The Hurun Institute, a research, media, and investment institution, published the latest research on the "world's largest wealth list," with 12 members in the digital currency industry. According to the report, Hurun worked with Lexus to compile the 21st edition of the ranking, which has been appearing every year since 1999. Individuals had to get a calculated net worth of 2 billion yuan ($ 282 million) in order to…

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