Tag: cryptocurrencies
Mastercard is Open to the Use of Cryptocurrencies Issued by Central Banks
A senior executive has said that Mastercard is ‘very happy to look at’ the use of cryptocurrencies that have been issued by central banks, according…
FSB Chair Carney Says Cryptocurrencies Don’t Pose Risk to Global Financial Stability
The financial watchdog, which regulates the G20 nations, has written a letter to central bank governors and finance ministers, stating that cryptocurrencies don’t pose a…
Florida’s Department of Citrus Employee Arrested for Mining Cryptocurrencies
An employee from Florida’s Department of Citrus has been arrested after allegedly using state computing power to mine for cryptocurrencies. In a report from the…
South Korea is Preparing Plan to Allow ICOs for Domestic Traders
South Korea is reportedly putting a plan together that will permit initial coin offerings (ICOs) for domestic traders, despite initial reservations with the market. The…
Google Announces Upcoming Advertising Ban for Cryptocurrencies
Multinational search engine Google has announced that it is to ban advertising for cryptocurrencies, following in the footsteps of Facebook. In an announcement from the…
Louisiana’s Attorney General Investigates Employees for Bitcoin Mining
The attorney general of Louisiana has reportedly opened a criminal investigation regarding former employees who are alleged to have used resources to mine bitcoin. In…
JPMorgan Says Competition from Cryptocurrencies Are a ‘Risk’ to its Business
JPMorgan Chase has, for the first time, acknowledged that cryptocurrencies are a ‘risk’ to its business as they present new forms of competition. The Wall…
EU Financial Chief Says Europe Will Regulate Cryptocurrencies if Issues Aren’t Addressed
The European Union’s financial chief has said that if issues related to cryptocurrencies aren’t addressed it will take steps to regulate the market. Valdis Dombrovskis,…
Bank of England Governor: Bitcoin ‘Has Pretty Much Failed’
The governor of the Bank of England has spoken out against bitcoin arguing that it’s neither a store of value or useful to purchase things…
