The Iranian Economic Commission has reportedly finalized a power pricing scheme for cryptocurrency miners. The Iranian Economic Commission has reportedly finalized a tariff scheme for cryptocurrency miners, according to a July 21 report from Iranian economic daily Financial Tribune. Per the report, Energy Minister Homayoon Ha’eri announced that, while the tariff scheme has been finalized, […]
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Benoit Coeure of the European Central Bank said that Libra cannot launch until regulators are satisfied it is safe. Benoit Coeure, a board member of the European Central Bank, said that Facebook’s Libra coin will not launch until global regulators are satisfied. Speaking to Reuters at the G7 summit in Chantilly, France on July 18, […]
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Iran’s customs administration has not issued licenses for importing digital currency mining equipment into the country due to the absence of approval from the government. Iran’s customs administration has not issued licenses for importing digital currency mining equipment into the country due to the absence of approval from the government. Deputy President of the Islamic […]
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Bank of Thailand governor Veerathai Santiprabhob said that the institution is open to discuss Facebook’s Libra stablecoin with the company. Bank of Thailand governor Veerathai Santiprabhob said that the institution is open to discussing Facebook’s Libra stablecoin with the company, local media Xinhuanet reported on July 19. Per the report, Santiprabhob made his remarks at […]
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Bullard says crypto is not an entirely new idea, and that data suggests non-uniformity may not be received favorably. St. Louis Fed Chief James Bullard reportedly views cryptocurrencies as part of a global currency competition that is ultimately unhealthy. Bullard presented his views at the Central Bank Research Association 2019 annual meeting in a talk […]
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The quick pullback from the lows shows demand at lower levels. Is this a good point to enter or will the correction deepen? Let’s look at the charts. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves […]
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ECB’s governing council Jens Weidmann has said that while stablecoins offer opportunities for prosperity, users should be vigilant. A European Central Bank (ECB) official has stated that users should be aware of the risks associated with the stablecoins use, but not to be alarmed. As Reuters reported on July 18, member of the ECB’s governing […]
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Bundesbank President Jens Weidmann spoke in favor of Facebook’s Libra during a recent G7 event, a report says. The head of Germany’s central bank Jens Weidmann spoke in favor of Facebook’s Libra during a recent G7 event. Bundesbank head warns against suppressing innovation Weidmann, Bundesbank President and the Governing Council member of the European Central […]
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A court dispute between an exchange and a user reinforced China’s willingness to recognize the cryptocurrency. Bitcoin (BTC) has gained legal recognition by a second Chinese court in a further boost for the cryptocurrency in one of its harshest environments. A watershed for Bitcoin in China According to investor Dovey Wan, who linked to local […]
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The G7 warned it “cannot accept private companies issuing their own currencies without democratic control” as Libra continues to face resistance. Cryptocurrencies such as Libra risk upsetting the world’s financial system if they are not regulated tightly, G7 finance ministers have warned. According to Reuters, French finance minister Bruno Le Maire told a news conference […]
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