Tag Archives: Bank

Swiss bank to launch bitcoin futures to allow betting against cryptocurrency

ZURICH (Reuters) – Swiss bank Vontobel said it will start trading Switzerland’s first two mini futures to short bitcoin on Friday, giving investors a tool to bet against the value of the volatile cryptocurrency or to hedge bitcoin positions. The newly launched logo of Swiss bank Vontobel is seen at an office building in Zurich, […]

Swiss bank to launch bitcoin futures to allow betting against cryptocurrency

ZURICH (Reuters) – Swiss bank Vontobel said it will start trading Switzerland’s first two mini futures to short bitcoin on Friday, giving investors a tool to bet against the value of the volatile cryptocurrency or to hedge bitcoin positions. The newly launched logo of Swiss bank Vontobel is seen at an office building in Zurich, […]

Central Bank of Iran Plans Comprehensive Review of Cryptocurrency Policy

The Central Bank of Iran plans to conduct a comprehensive review of its policies covering Bitcoin and other cryptocurrencies. The move was made after the government-owned central bank has announced that it is softening its stance on the virtual currencies. In a press conference in mid-November 2017, Central Bank of Iran Deputy Director of New […]

Iran Central Bank Director: Policy Review Needed for Risky Bitcoin Market

The Central Bank of Iran is opening up about its stance on cryptocurrency. Speaking at a press conference this week, deputy director of new technologies, Naser Hakimi, said that the government-owned central bank is studying bitcoin and that it plans a comprehensive review of its policies in this area. The remarks came amid a wider set of comments on […]

People’s Bank Of China Maintains Focus On State-Backed Cryptocurrency Amid Bitcoin Clampdown

Nowhere is the showdown between private and government-backed cryptocurrency more obvious than in China. As regulators squash bitcoin exchanges and token offerings, officials from the PBoC maintain interest in creating a central bank-issued digital currency. On November 4, 2017, Yao Qian, the Deputy Director of the PBoC’s Science and Technology Division and director of the […]

Kremlin Representative Presents Drafts On Cryptocurrency Regulation To Russian Bank

November 7, 2017 10:28 PM The Kremlin’s business ombudsman Boris Titov is advocating for state consolidation of cryptocurrency regulation, in what he says is an effort to reduce obstruction by law enforcement in the growing Russian blockchain-based industry. The regulations he proposes may introduce a tax to miners of cryptocurrency. Reports from Moscow on November […]

European Central Bank Member: We Aren’t Ignoring Cryptocurrency

Long active in evaluating blockchain technology broadly, a European Central Bank (ECB) official took steps this week to stress the institution is closely watching cryptocurrency. In an interview published on Oct. 29, Benoît Cœuré, one of the central bank’s executive board members, elaborated briefly on the bank’s views on the subject, telling Le Journal du […]

‘Crucial’ to Issue Central Bank Cryptocurrency ASAP: PBoC Research Lead

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. The lead researcher at China’s central bank has claimed that a central bank cryptocurrency should be developed and issued at the earliest in the country. According to statements reported by the South China Morning Post, People’s Bank of China (PBoC) lead researcher […]

No bitcoins for payments and settlements, says the Reserve Bank of India — Quartz

Crypto-currencies may be one of the most intriguing subjects in the world of finance right now but they have failed to impress India’s central bank. In a fairly definitive expression of its stance, a director of the Reserve Bank of India (RBI) has signalled that virtual currencies like bitcoin won’t be allowed in the country. […]

PBoC Research Lead: ‘Crucial’ to Issue Central Bank Cryptocurrency Soon

A researcher at the People’s Bank of China (PBoC) has said it is “crucial” that the country gets a central bank-issued cryptocurrency as soon as possible. According to a report by South China Morning Post, Yao Qian, who leads cryptocurrency research for China’s central bank, explained the importance of introducing digital legal tender at a forum […]

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