big tech

Bank of England’s Cunliffe: Crypto Threat to Financial Stability ‘Getting Closer’ — Urges Regulators to Act Now

Source Node: https://news.bitcoin.com/bank-of-englands-cunliffe-crypto-threat-financial-stability-urges-regulators-to-act-now/
Time Stamp: November 16, 2021 1:30 AM - Modified On: November 16, 2021 - Published By:
Source Cluster:
Republished By Plato

Bank of England’s deputy governor for financial stability, Sir Jon Cunliffe, has warned that cryptocurrency is getting closer to posing a threat to global financial stability due to the sector’s rapid growth. Crypto is also being integrated into the traditional financial system at a rapid rate. He urges regulators to take action now. Bank of England’s Jon Cunliffe Warns Crypto Is Closer to Becoming a Threat to Global Financial Stability Sir Jon Cunliffe, Bank of England’s deputy governor for financial stability, talked about bitcoin and cryptocurrencies in general on BBC’s

Gemini Lists DOGE Competitor SHIB, Community Celebrates

Source Node: https://bitcoinist.com/gemini-lists-doge-competitor-shib-community-celebrates/?utm_source=rss&utm_medium=rss&utm_campaign=gemini-lists-doge-competitor-shib-community-celebrates
Time Stamp: November 15, 2021 5:00 PM - Modified On: November 15, 2021 - Published By:
Source Cluster:
Republished By Plato

Shiba Inu (SHIB) has taken the market by surprise as its battle against Dogecoin (DOGE) moved to the crypto top 10 by market cap. In a vicious exchange between the two meme cryptos, the Elon Musk favorite and its supports have been trying to keep their spot on the ranking, but the Shiba Army gave equal relentless pursuit. Related Reading | Shiba Inu Continues To Dominate Community-Wise, But Why Is The Price Suffering? This community has another reason to celebrate, as leading crypto exchange Gemini announced that it will be

Former U.S. official says cryptocurrency not some ‘libertarian paradise’

Source Node: https://ambcrypto.com/former-u-s-official-says-cryptocurrency-not-some-libertarian-paradise/
Time Stamp: September 27, 2021 7:00 AM - Modified On: September 27, 2021 - Published By:
Source Cluster:
Republished By Plato

Cryptocurrency has been around for a long time now. However, its mainstream adoption gained a boost lately with 2020 being a remarkable year. But 2021 saw a major push as countries and/or organizations across the globe have been accepting cryptocurrencies in some form or the other. That said, countries have also been working on cryptocurrency regulations to govern the process of exchanging through crypto. Something that can actually benefit these tokens. Former US Treasury secretary Lawrence Summers, while speaking to Bloomberg expressed his opinions concerning the cryptocurrency regulations. During this

Could a Digital Dollar Bolster the US Economy?

Source Node: https://beincrypto.com/digital-dollar-bolster-economy/
Time Stamp: August 3, 2021 8:03 AM - Modified On: August 3, 2021 - Published By:
Source Cluster:
Republished By Plato

Economies all around the world are facing roadblocks in the form of escalating national debts and threats of inflation, but a digital dollar may be a saving grace for the U.S.Sponsored Sponsored Macroeconomics expert and Soundwise founder, Natasha Che, has postulated why a Federal Reserve-issued digital USD token could change the fate of America. In a lengthy tweet on Aug 3, the author stated that the U.S.’s largest export is its currency, the dollar. It’s currently the biggest money network in the world, used for 40-50% of global trade settlement

2021-ben hat új bankkal bővül a Google Pay tábora

Source Node: https://www.bitcoinbazis.hu/2021-ben-hat-uj-bankkal-bovul-a-google-pay-tabora/
Time Stamp: August 4, 2020 10:58 AM - Modified On: May 21, 2021 - Published By:
Source Cluster:
Republished By Plato

Noha a legtöbb bankszámla tulajdonos valószínűleg már nagyon kevés papíralapú csekket ír, azonban a bankszámlák kezelésének továbbra is ez a kulcsa. Ugyanis ezekhez a bankszámlákhoz általában hitelkártyák vannak rendelve. Ma már számos bankkártyát össze lehet kapcsolni egy okostelefonnal vagy okosórával a digitális fizetéshez, a Google azonban felismert egy újabb lehetőséget a terület kiaknázására. Kihagyja a közvetítőt és a felhasználó közvetlenül a Google Pay alkalmazás szolgáltatásán keresztül nyithat bankszámlát és kezelheti megtakarításait. Tavaly novemberben tette lehetővé a Google az FDIC által támogatott bankokkal együtt, hogy az ügyfelek közvetlenül a platformon keresztül