A panel on March 3, 2017, on The Central Bank Perspective featured panelists William Goetzmann, Edwin J. Beinecke Professor of Finance and Management Studies, Yale School of Management and Director, the International Center for Finance; Andrew Hauser, Executive Director, Banking, Payments and Financial Resilience, Bank of England; Ross Leckow, Deputy General Counsel, International Monetary Fund; Carolyn Wilkins, Senior Deputy Governor, Bank of Canada; and moderator Gregory Fleming 鈥88, YLS Senior Research Scholar in Law, Distinguished Visiting Fellow, YLS Center for the Study of Corporate Law, and YLS Visiting Lecturer in Law.

BREAKING: Kraken just became the FIRST Cryptocurrency Exchange to develop into a US Bank! Cryptocurrency is getting very interesting in the United States as Kraken Financial is now LIVE! If you hold bitcoin, what does this mean for you?

Let’s discuss this in today’s cryptocurrency news.

As always, tell me what you think in the comment section and hit Like, Share and Subscribe!

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TimeStamps:
00:00 Kraken Makes History!
04:23 US Regulators “Single Set of Rules” for Cryptocurrency
05:36 Tezos
06:57 EOS vs Ethereum
08:19 Yam Finance Token
10:11 Final Thoughts

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***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST ENTERTAINMENT! USE ALTCOIN DAILY AS A STARTING OFF POINT!

This information is what was found publicly on the internet. This information could鈥檝e been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research.

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The Hutchins Center on Fiscal & Monetary Policy at Brookings will host Andrew Bailey, governor of the Bank of England, to discuss how these trends are evolving and the growing role of stablecoins, which are cryptocurrencies linked to the price of some stable asset or basket of assets. He will talk about the risks and benefits of these innovations and how they must be safe so we can use them with confidence. He will also explain how public authorities are enhancing existing infrastructure and consider the potential development of central bank digital currencies.

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OpenVASP Association and the open protocol to implement FATF鈥檚 travel rule for virtual assets.
Speakers:
Chris Gschwend – Co-Chair of Regulatory Working Group at CVA & Trade Compliance Advisor
Delphine Forma – Head of Compliance Advisory and Partnerships at Lykke Business & CVA Board Member
David Riegelnig – Head of Risk Management at Bitcoin Suisse AG

On September 3, the Hutchins Center on Fiscal & Monetary Policy at Brookings hosted Andrew Bailey, Governor of the Bank of England,聽to discuss聽how these trends聽are evolving and the聽growing聽role of聽stablecoins, which are cryptocurrencies linked to the price of some stable asset or basket of assets.

https://www.brookings.edu/events/bank-of-england-governor-andrew-bailey-on-the-future-of-cryptocurrencies-and-stablecoins/ (transcript unavailable)

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Korea has been advancing with the integration of new technologies, whether it be AI or Blockchain. The progressive approach towards blockchain could mean a revolution in the field. With a number of blockchain projects up its sleeves, Korea is thriving. Recently, a Korean crypto firm- Iconloop partnered with a major Korean bank – Shinhan Bank. To know why and everything else about it, check this space.
https://blogs.finstreet.in/korean-crypto-firm-partners-with-bank-for-blockchain-product/
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Basler Kantonalbank, or BKB, a government-owned commercial bank in Switzerland, is planning to launch cryptocurrency services through its banking subsidiary. According to an Aug. 3 report by local news agency Finews, BKB鈥檚 subsidiary and a national banking group, Bank Cler, are working on services that will allow customers to trade and store cryptocurrencies. BKB holds a majority stake in Cler, though the subsidiary possesses its own banking license separate from BKB. A spokesperson at BKB confirmed the news to Cointelegraph. They also noted that the bank plans to launch these products in response to an increased demand for crypto services in the country. The BKB representative said:鈥淚n the BKB Group, we are working to offer our clients a solution for the trading and deposit of selected cryptocurrencies. As an established regional (Basler Kantonalbank) and indeed national (Bank Cler) banking group, we wish to give our clients secure access to these new financial products.鈥漈he spokesperson did not specify what types of cryptocurrencies will be available through BKB. Development is currently at an early stage and there is not yet a tentative date for launch. These plans make Basler Kantonalbank the first government-backed bank in Switzerland to enter the crypto industry . 鈥淭his topic is being driven forward within the BKB Group by the digital competence centre of Bank Cler,鈥 a BKB spokesperson said regarding the matter. Home to the infamous 鈥淐rypto Valley,鈥 Switzerland is known as one of the most crypto-friendly jurisdictions in the world. In August 2018, Swiss SIX Exchange-listed bank, the Hypothekarbank Lenzburg, became the first Swiss bank to provide company accounts for blockchain and crypto-related fintech companies. Maerki Baumann, an unlisted family-owned bank in Switzerland, reportedly became the second bank to accept crypto in August 2018. Julius Baer, a top-five Swiss bank, saw its net profit surge over 30% after listing Bitcoin and other cryptos in the first half of 2020, as reported on July 20.

All data is taken from the source: https://cointelegraph.com/
Article Link: https://cointelegraph.com/news/state-run-bank-in-switzerland-to-launch-crypto-services

#bank #icomeaning #coinmarketcapapp #cryptocurrencynews #cryptocurrencyexchange #cryptonews #cryptoexchange

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This video and contents in the video is NOT financial advice. Remember with any investment that you should DO YOUR OWN RESEARCH before investing your money. Investors should make investments understanding that they can lose their money. I am not a financial adviser and you should NOT make financial decisions based on my videos or what I say in my videos. The views expressed are NOT financial advice. This video is informational and should NOT be used for and is not intended to be investment advice or consulting; this is news and my opinion.

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鈴癟IMESTAMPS (thanks to Nate Lovell):
Introduction- 0:00
Altcoin Live Event- 4:00
Market Analysis- 4:46
Medalla ETH 2.0 Testnet- 6:32
SwissBorg 30 million coins staked- 7:06
7:22
Deutsche Telekom’s T-Systems is Now a Chainlink Node Operator- 8:08
Federal regulator: National banks can hold cryptocurrency- 9:30
Banks are experiencing a big shift- 14:28
Generation Mindset Gap- 18:14
Exotic Staking- 19:00
Crypto d com Adds More Currencies- 22:10
At Least $1 Trillion Is Needed to Avert U.S. Disaster- 23:36
Russia updates crypto law, prohibits buying goods with BTC- 28:59
Don’t Use MXC- 32:29
Altcoin Live Event Reminder- 35:29
Bilaxy News and Accusations- 36:46
Q&A- 39:35
Q1- What if the only way to get a gem is on a shit exchange? 39:35
Q2- Thoughts on this potential uniswap gem? 40:40
Q3- What do you think about Balancer? 41:12
Q4- XIO is discounted. Any news about advising them? 41:28
Q5- What do you think about Bidao latest video showing there platform working? 41:45
Q6- DEXT what are your thoughts? token burn and uniswap defi tools. 42:20
Q7- Akropolis (AKRO) have you checked that coin? 43:19
Q8- Do you think a uniswap token will happen this year? 43:45
Q9- What about PAXG? 43:59
Q10- What do you think about mobile wallets like Nexus IO? 44:11
Q11- Have you used your Crypto.com card yet? 45:10
Q12- Did you get a chance to look at Dune Network? 46:00
Q13- What do you think about silver super pump? 46:26
Q14- Do you think Celsius can reach Crypto d com ? 48:06
Q15- Are you going to migrate to Singapore soon? 48:29

DISCLAIMER: Trading Bitcoin is VERY risky, and 80% of traders don’t make money. Make sure that you understand these risks if you are a beginner. I only recommend crypto trading to already experienced traders!

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This information is what was found publicly on the internet. This is all my own opinion. All information is meant for public awareness and is public domain. Please take this information and do your own research.

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Good Morning Crypto

Ivan on Tech by Ivan Liljeqvist

Bank of America has JUST updated their bitcoin and cryptocurrency policy for July 2020! Plus, what are the risks of DeFi Ethereum lending according to Andreas Antonopoulos? Be sure not to miss anything, hit the bell and have the best cryptocurrency news in the US every day!

We also discuss recent Cardano adoption as well as Cosmos cryptocurrency atom staking. Join the Altcoin Daily family and stay updated on the latest cryptocurrency news.

Let’s Learn! Here at Altcoin Daily, your cryptocurrency news in the US!
I hope you enjoy!! The road to 300k starts today!

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How to stake Cosmos (ATOM) using Ledger Live: a step-by-step guide
https://medium.com/everstake/how-to-stake-cosmos-atom-using-ledger-live-a-step-by-step-guide-3a7b2f0c0b97

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Timestamps:
00:00 Video Intro 馃憤
00:18 Bank of America Bitcoin UPDATE
02:18 What are the risks of DeFi Lending?
05:58 TikTok Bitcoin Warning
06:58 Zimbabwe BLOCKS All Mobile Money
08:47 Cardano Adoption
09:31 Cosmos (ATOM) Staking
10:07 Final Thoughts

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***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST ENTERTAINMENT! USE ALTCOIN DAILY AS A STARTING OFF POINT!

This information is what was found publicly on the internet. This information could鈥檝e been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research.

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A MAJOR AMERICAN BANK WAS HACKED! MILLIONS MISSING! BITCOIN DID NOT CRASH DESPITE EXPECTATION! Bitcoin Flipped Bullish! The STOCK MARKET DID NOT CRASH ON MONDAY! What Comes NEXT?! AND XRP FOUNDER JED MCCALEB HAS MILLIONS OF COINS LEFT TO DUMP! HOW LOW CAN XRP GO? Other than that, XRP and Ethereum Analysis, Altcoins look GOOD! Bitcoin Price and Dow Jones Price analysis. Find out in todays video! Today i discuss Stock MArket News, Crypto News, as well as conducting some BTC Bitcoin Price Analysis, Eth Price Analysis, DOWJ Price Analysis, XRP Price Analysis!

Also in todays Stock Market News and Crypto News
– Crypto News
– MAJOR BANK HACKED
– BEST Investment 2020
– Best Cryptocurrency investments
– XRP BULLISH!
– Jed McCaleb Dumping MILLIONS OF XRP
– ETH Ethereum Bullish?!
– STOCKS RALLY!

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In Todays Educational video i look at the TRADITIONAL FINANCIAL MARKETS, i analyse the PRICE OF BITCOIN, i analyse The DOW JONES INDEX DOWJ and i tell you the BREAKING NEWS STORIES from crypto and the stock market! so if you are interested in bitcoin news, crypto news bitcoin analysis or stock market analysis be sure to SUBSCRIBE!! if you like @CryptoZombie, @IvanonTech, @CryptoLark, @TheMoon then you should probably SUBSCRIBE!!!

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What is BABB?
BABB, a company that describes itself as the World Bank for the Micro-Economy, stands for Bank Account Based Blockchain. It is a decentralised banking system on the ERC-20 token Ethereum network. Their vision is to increase businesses on a global scale by improving financial support in communities, improve living conditions, and have an overall impact on countries and the global economy as a whole. They plan on attaining these goals by offering the world access to UK regulated peer-to-peer financial services through the use of biometrics and the blockchain.

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We caught up with Chris Orwa, the lead data scientist, I&M Bank Kenya, during the Trescon Global World AI Show to discuss data analysis, blockchain, and crypto in relation to the banking industry.

Chris is a recognized Kenyan data scientist who also blogs regularly on blackorwa.com where he analyzes various consumer services while offering a unique data analysis methodology.

When it comes to crypto however, Chris is not very optimistic when it comes to adoption and use cases especially around the banking industry.

A cryptobank for everyone
Othor’s goal is to provide a complete vertically integrated service that encompasses the best ideas from the entire community of the world’s best blockchain enthusiasts. In 8 years time, the crypto-economy will exceed 10 trillion dollars. Cryptobanks will become a cornerstone in the relations between decentralized economy and future daily life by expanding payment infrastructure and possibilities, creating new cryptocurrency payments scenarios and lowering interest rates. Othor is a cryptobank creating the future, today. othor’s technology platform is based on algorithms that ensure the most efficient bid-offer matching across natural peer-to-peer flow as well as third party crypto-exchanges. All historical transactions are stored in a dedicated data-warehouses that continuously analyses the data to enhance risk management and identify predictive behaviours, and in turn enable othor to optimize the cryptocurrency exchange process and better educate the customer on possible payment strategies, for example, it may highlight different payment mixes depending on the current cryptocurrencies valuations. In other words, everything possible is done to ensure that the customer gets the best deal.
For More Information, Visit
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BREAKING: A new report from PricewaterhouseCoopers (PwC) reveals NEW DATA involving crypto-related mergers and acquisitions (M&As). Let’s discuss that, plus let’s discuss Bank of Korea and BAT news!

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CRYPTO INDUSTRY NOT 鈥業MMUNE鈥 TO GLOBAL CRISIS, PWC SAYS
https://bitcoinist.com/crypto-not-immune-financial-crisis-pwc/

Best investment of the decade, again?
https://www.reddit.com/r/Bitcoin/comments/fwinn3/best_investment_of_the_decade_again/

BANK OF KOREA BEGINS CENTRAL BANK DIGITAL CURRENCY ROLLOUT
https://bitcoinist.com/bank-of-korea-begins-cbcd/

Brave Tokens Available for Trading on Gemini Starting April 24
https://cointelegraph.com/news/brave-tokens-available-for-trading-on-gemini-starting-april-24

Bitfinex Launches Staking in Response to Customer Demand
https://cointelegraph.com/news/bitfinex-launches-staking-in-response-to-customer-demand

One-Third of Bitcoin Cash’s Supply Has Never Been Touched
https://cointelegraph.com/news/one-third-of-bitcoin-cashs-supply-has-never-been-touched

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This week in Indian startup news, OYO plans to layoff 5,000 employees globally, Venture Capital industry deployed $10 billion in Indian startups in 2019, Supreme Court lifts RBI’s ban on cryptocurrency trading, Yes Bank put under moratorium by the RBI, OPPO launches OPPO Kash to enter India’s fintech space. In funding news, Spinny raises $43.7 million, SMECorner raises $30 million, Healthcare analytics startup Tricog raises $10.5 million, and Bounce raises $6.5 million.

Top Startup News

OYO plans to layoff 5,000 employees globally: OYO continues its firing spree and is expected to layoff 5,000 employees globally. Furthermore, OYO will also be firing around 4,000 of its discretionary workforce, some of whom might be taken back once OYO’s business stabilizes. With the latest firings, OYO’s workforce around the workforce will be reduced by around 17% to reach 25,000. While coronavirus can be blamed for OYO’s dwindling business in China, the startup has been plagued with issues like allegations of business malpractice, mistrust from hotel partners, and boycotting of the company by customers.

Venture Capital industry deployed $10 billion in Indian startups in 2019: With the VC industry deploying $10 billion in the Indian startup ecosystem, the year 2019 turned out to be the best year for Indian startups. While the Startup India campaign helped the investors and entrepreneurs by creating a more conducive environment for doing business, we cannot miss the fact that out of 80,000 startups, only around 8% have received any kind of funding.

Supreme Court lifts RBI’s ban on cryptocurrency trading: After two years, the Supreme Court has finally lifted the cryptocurrency ban in India that was imposed by the RBI in 2018. With its notice in April 2018, RBI had banned cryptocurrency trading in India, leading to a number of cryptocurrency startups to shut shop in India. After a slowdown in the cryptocurrency space in India, we can expect the industry to pick up the pace and also leverage the underlying blockchain technology to create more solutions for other industries.

Yes Bank put under moratorium by the RBI: Yes Bank has been placed under moratorium by the RBI until 3rd April 2020. Yes Bank customers will not be able to withdraw more than 50,000 from their accounts during the period. Yes Bank crisis has been underway for some time now and this doesn鈥檛 just affect the Yes Bank customers but also the customers of other apps and startups that depend on it for UPI payments. One of the worst-hit platforms is PhonePe, which is dependent on Yes Bank for their UPI payments. With the government and RBI working hand in hand, the Finance Minister Nirmala Sitharam has assured the customers that their money is safe in the bank and the government is doing all it can to find the resolution.

OPPO launches OPPO Kash to enter India’s fintech space: Chinese smartphone brand OPPO has entered the fintech market in India with the launch of OPPO Kash, an app that enables users to invest in mutual funds. Apart from offering mutual fund investments, OPPO Kash is also providing personal loans, business loans and mobile screen insurance through its platform.

Funding News

Spinny raises $43.7 million: Spinny, which an online platform for selling used cars, has raised $43.7 million in series B round from Nandan Nilekani鈥檚 Fundamentum Partnership, General Catalyst Partners, KB Financial Group, Accel, SAIF Partners, and Alteria Capital. The startup will use the funds to strengthen its technology platform, build business teams, provide better customer experience and expand to new cities.

SMECorner raises $30 million: SMECorner, which is an online lending platform for small and medium enterprises (SMEs), has raised $30 million in a mix of debt and equity round from Paragon Partners, Quona Capital, Accion Venture Lab, and SMECorner鈥檚 founder and CEO Samir Bhatia. The startup will use the funds to build its proprietary technology to help serve their customers better and to offer loans to 20,000 new customers.

Healthcare analytics startup Tricog raises $10.5 million: Tricog, which is a healthcare analytics startup, has raised $10.5 million in Series B round in order to strengthen its technology platform to speed up diagnosis, build new products and expand to new markets in Africa and Asia. These funds have been raised from investors like the University of Tokyo Edge Capital (UTEC), Aflac Ventures, TeamFund, Dream Incubator, Inventus Capital and Blume Ventures.

Bounce raises $6.5 million: Bounce has raised $6.5 million in debt funding from InnoVen Capital. The latest funding round comes weeks after the startup had raised a massive $105 million series D round from investors like Accel, B Capital Group, Sequoia Capital and Qualcomm Ventures. It will be using the funds to move towards profitability by expanding to multiple cities and also focus on integrating electric vehicles in its fleet.

#startupnews #bwm #backstagewithmillionaires

Ethereum Classic has put on rocket boosters and is up by 14% in just 24 hours. Can ETC maintain this meteoric climb? The IRS is tracking Cryptocurrency using several different techniques. The most important one could be a new question on the 2019 Tax Return Forms. Deutsche Bank has been vocal about Cryptocurrency, and today, they talk about mainstream adoption and Cryptocurrency. It is amazing hearing their opinion about the future of Cryptocurrency. Do not miss a moment of this vital video.

Ethereum Classic defies gravity with 17% growth
https://www.fxstreet.com/cryptocurrencies/news/ethereum-classic-defies-gravity-with-17-growth-202001271327

Litecoin Creator Charlie Lee Predicts Bitcoin Halving Will Be Self-Fulfilling Prophecy
https://dailyhodl.com/2020/01/27/litecoin-creator-charlie-lee-predicts-bitcoin-halving-will-be-self-fulfilling-prophecy/

Brokerage firm TradeStation now supports Bakkt, CME Bitcoin options
https://decrypt.co/17795/tradestation-now-supports-bakkt-cme-bitcoin-options

How The IRS Knows You Owe Crypto Taxes
https://www.forbes.com/sites/shehanchandrasekera/2020/01/27/how-the-irs-knows-you-owe-crypto-taxes/#7f1b195d438e

Bitcoin鈥檚 Halving Captures Growing Interest 鈥 Among Google Searchers
https://www.coindesk.com/bitcoins-halving-captures-growing-interest-among-google-searchers

Deutsche Bank Says Digital Currencies Could Be Mainstream in 2 Years
https://www.coindesk.com/deutsche-bank-says-digital-currencies-could-be-mainstream-in-2-years

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DISCLAIMER: I am not a financial advisor. This is not financial advice. This is my opinion. I am not smarter than you. You are smarter than you realize. Do not trust what I say. Do your own research!

Cryptocurrency involves substantial risk of loss and is not suitable for every investor. Trade only with risk capital; that is, trade with money that, if lost, will not adversely impact your lifestyle and your ability to meet your financial obligations. Past results are no indication of future performance. In no event should the content of this video be construed as an express or implied promise or guarantee.

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French-Regulated Napoleon Bitcoin Fund Linked to CME Futures
https://cointelegraph.com/news/french-regulated-napoleon-bitcoin-fund-linked-to-cme-futures

Central Bank ‘Parental Controls’ Obsolete for Crypto: Bank of Lithuania
https://cointelegraph.com/news/central-bank-parental-controls-obsolete-for-crypto-bank-of-lithuania

Wu Jihan Resurfaces As Bitmain CEO After Co-Founder Is Forced Out
https://cointelegraph.com/news/wu-jihan-resurfaces-as-bitmain-ceo-after-co-founder-is-forced-out

https://www.blockchain.com/en/pools

Ripple Director of Product Launches XRP Entertainment Marketplace for Music
https://dailyhodl.com/ripple-director-of-product-launches-xrp-entertainment-marketplace-for-music/

Russia鈥檚 National Energy Grid Operator Tests Blockchain for Retail Payments
https://cointelegraph.com/news/russias-national-energy-grid-operator-tests-blockchain-for-retail-payments

BINANCE US CONSIDERS TRON, TEZOS AND 16 OTHERS FOR LISTING
https://bitcoinist.com/binance-us-considers-tron-tezos-and-16-others-for-listing/

China鈥檚 SEC May Soon Have a Crypto-Savvy Department Chief
https://www.coindesk.com/chinas-sec-may-soon-have-a-crypto-savvy-department-chief-report

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#Bitcoin #Crypto #XRP #Invest #TheFed #News #Litecoin #Cardano #Ethereum #DigiByte #Litecoin #Invest #Binance #Elastos #PundiX #Tron #IOTA #Ripple #XRP #Starbucks #StellarLumens #Google #Vechain #Bakkt #cryptocurrency #news #btc #Invest #eth #litecoin #altcoin #altcoins #forex #money #best #trading #bitcoinmining #trader #cryptocurrencies #top #investing #stocks #marketanalysis #entrepreneur #business #success #investment #finance #bitcoins #motivation #coinbase #stocks #bakkt #starbucks

***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST ENTERTAINMENT! USE ALTCOIN DAILY AS A STARTING OFF POINT!

This information is what was found publicly on the internet. This information could鈥檝e been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research.

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Find out how Germany’s exchanges run on Ripple
nehttps://www.finextra.com/newsarticle/31784/germanys-solarisbank-wins-big-bank-backing-for-eur566-million-fund-raisew bank backed crypto
https://bitcoinist.com/solarisbank-launches-new-digital-asset-custody-service/
https://www.solarisbank.com/blog/solarisbank-x-money-20-20-europe-2018-our-takeaways/https://www.cbinsights.com/research/challenger-banks-fin-tech/

Reported today on Being Crypto

For the full article visit: https://beincrypto.com/indias-central-bank-hints-that-cryptocurrencies-will-be-banned/

The governor of India’s central bank, Shaktikanta Das, has restated that the Indian government is against private cryptocurrencies. This all comes ironically amid talks of India launching its own Central Bank Digital Currency (CBDC).

India has been discussing cryptocurrencies and the regulations surrounding them for over a year, and overall taking a hardline stance. While no official law has been passed, the latest comments do indicate the steps the country might take.

Officials from India’s central bank, the Reserve Bank of India (RBI), seem to be doubling down on their stance against cryptocurrencies, as discussions take place regarding the launch of a Central Bank Digital Currency (CBDC). RBI Governor, Shaktikanta Das, said on Thursday that there was “no way private digital currencies could be allowed in India.”

Das said at a press conference,

“The world over, central banks and the governments are against private digital currency because currency issuance is a sovereign function and it has to be done by the sovereign. It is very early to speak on a central bank issuing digital currencies. Some discussions are going on. Technology has not fully evolved yet. It is still in a very incipient stage of discussions and at RBI we have examined it internally.”

Rumors have been floating around concerning the launch of a ‘Digital Rupee,’ though the government has been quite tight-lipped about the matter.

Hardline Stance All But Confirmed

India has been debating about how best to handle cryptocurrencies for some time, already ordering聽banks not to serve cryptocurrency exchanges. Pro-cryptocurrency groups have lobbied against this ban, arguing that the nation stands to lose much and will have to play catch-up with nations like China.

Early panel reports from the country also in

Daily Cryptocurrency News: Bitcoin, Ethereum, Cardano, EOS, Hex, & Much More Crypto Content! (November 29th, 2019)

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**Nothing I state, share, express, or allude to should be considered professional advice or recommendations of action. This channel is intended for educational and entertainment purposes only. All content contained within is all just my own opinion and experience. Consult a professional (or two…or more) for any tax, accounting or legal related questions you may have.
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Switzerland-based cryptocurrency bank SEBA has launched its services for professional investors and enterprise clients, according to an official news release published on Nov. 12. As reported, SEBA Bank AG (formerly SEBA Crypto AG) is a fully-regulated institution, having secured a banking and securities dealer license from the Swiss Financial Market Supervisory Authority (FINMA) in August of this year. According to the announcement, the bank鈥檚 services are now fully operational for a range of prospective clients, including corporates, asset managers and professional private investors. SEBA will seek to attract clients from selected foreign jurisdictions starting in December. In a statement, SEBA CEO Guido Buhler emphasized that those opening an account with SEBA should be able to take full advantage of the digital asset sector鈥檚 potential without having to sacrifice security. He added:鈥淲e are proud to have founded a bank within 18 months, raised CHF 100 million [$100.5 million] in capital from investors and obtained a banking and securities dealer license.鈥滱s part of its account services, SEBA is offering a SEBAwallet app, e-banking services and SEBA card facilities, with support for five major cryptocurrencies: (BTC), Ether (ETH), Stellar (XLM), Litecoin (LTC) and Ether Classic (ETC).聽The bank provides investors with both crypto-crypto and crypto-fiat conversion services online and SEBA cards are supported at 42 million points of sale globally, paving the way for the 鈥渕ass introduction of cryptocurrencies,鈥 according to Buhler. Notably, SEBA is also rolling out enterprise accounts for blockchain firms and their employees, closing what it identifies as an important gap in the domestic sphere. As reported, fellow Swiss cryptocurrency bank Sygum 鈥 which was also issued a banking and securities dealer license from FINMA in August 鈥 has in parallel conducted negotiations with regulators to seal a banking license in Singapore. As a regulated institution, Sygnum equally aspires to roll out digital asset custody, brokerage and tokenization services for accredited investors and institutions.

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Regulated Swiss Crypto Bank SEBA Opens Doors: https://www.youtube.com/watch?v=GdosgMj6rto

In this Cryptocurrency News video, I look at Royal Bank of Canada’s latest news about cryptocurrency ! China surprise us again ! Thieves steal from a number of CEOs.

*** DISCLAIMER ***
This is NOT a sponsored video
I am NOT a financial adviser, anything I say is based on my opinion and you should always do your own research on any project.

00:06 – Crypto Market

03:32 – Royal Bank of Canada News: https://www.fxstreet.com/cryptocurrencies/news/royal-bank-of-canada-set-to-launch-a-cryptocurrency-trading-platform-201911140545

05:33 – China News: https://www.express.co.uk/finance/city/1204589/China-army-reward-troops-cryptocurrency-bonuses-crv

07:29 – Crypto Project CEO’s robbed News: https://www.cnbc.com/2019/11/14/thieves-targeted-crypto-execs-threatened-their-families-doj.html

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#cryptonews #royalbankofcanada #cryptocurrency

The royal bank of Canada is about to start its own Cryptocurrency exchange. Patents have been filed already.

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Ripple Exec Says MoneyGram Launching XRP in Multiple Markets, Including Thailand and Mexico
https://dailyhodl.com/2019/11/12/ripple-exec-says-moneygram-launching-xrp-in-multiple-markets-including-thailand-and-mexico/

Royal Bank of Canada launching new cryptocurrency trading platform: Report
https://eng.ambcrypto.com/royal-bank-of-canada-launching-new-cryptocurrency-trading-platform-report/

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A lengthy survey into the awareness and usage of Bitcoin and crypto assets by Canada鈥檚 central bank has revealed impressive growth despite the recent bear market. The research also offers good insights as to what Canadian鈥檚 think of the crypto industry and what the future may hold for a cashless society. The Bank of Canada Bitcoin Omnibus Survey (BTCOS) has been carried out over the past few years to ascertain trends in Canadians鈥 awareness, ownership and use of Bitcoin and other crypto assets. The in-depth research, which has recently been published, has followed the rise and fall of crypto markets and trends associated with it. The central bank鈥檚 motives for carrying out the survey were to understand how its usage by Canadians could affect the financial system. The findings also help the bank, which has maintained its rates recently, with decisions on moving towards a cashless society and whether Canadians are ready for it yet. The results found that between 2016 and 2018 the share of Canadians who were aware of Bitcoin increased from 62% to 89%. This is unsurprising since it was all over mainstream media during the surge in prices up to all-time high. The crypto market pump also increased the number of Canadians buying Bitcoin as this rose from 3% to 5% during the period as speculation drove prices higher. The demographics were also unsurprising as those owning Bitcoin were largely university educated males aged 18 to 34. All demographics however showed an increase in awareness over the period as crypto assets made the headlines. Despite the massive bear market the survey revealed that Bitcoin ownership continued to increase in 2018. It added that 5 percent of Canadians owned Bitcoin in 2018, an increase from 4 percent in 2017 and 3 percent in 2016. This indicates that Canadians, like their counterparts across the globe were accumulating during the crypto winter of 2018. Interestingly BTC ownership tripled among those aged 55 and older from 0.5 to 1.7 percent during the same period. Disposable income also played a big part as ownership fell from 4.3 to 2.8 percent among those with household incomes below $30,000 while it increased from 4.3 to 7.0 percent among those with incomes above $70,000. This created an ownership gap that did not exist in previous years. The report stated that its findings were similar to those in the US. In 2018 the Federal Reserve Bank of New York鈥檚 Survey of Consumer Expectations found that 85 percent of respondents had heard of crypto assets, while 5 percent owned them. In the UK however Bitcoin ownership was only 3% that year. The research also noted that in 2017 the primary reason for owning Bitcoin was speculation while the following year BTC owners reported using it more often for buying goods and services or making person-to-person transfers. So, in conclusion, crypto awareness and ownership in Canada has increase despite a massive market collapse in 2018. This bodes well for the future as those figures are likely to grow even more as a new bull phase begins.

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Central Bank Survey Canadian Crypto Awareness and Ownership Increasing: https://www.youtube.com/watch?v=2ABedkmXXnY

Bitcoin Mining Machines Burst Into Flames: $10 Million Lost
https://www.altcoinbuzz.io/crypto-news/product-release/bitcoin-mining-machines-burst-into-flames-10-million-lost
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A German bank believes that bitcoin prices are in for a major boost next year, and says current prices do not take into account the token鈥檚 forthcoming mining reward #halving
https://twitter.com/C_Bendiksen/status/1179027838491615232
https://cryptonews.com/news/surprise-state-owned-bank-says-bitcoin-price-is-too-low-4776.htm
https://www.bayernlb.com/internet/media/ir/downloads_1/bayernlb_research/megatrend_publikationen/megatrend_bitcoins2f_20190930_EN.pdf
https://www.buybitcoinworldwide.com/how-many-bitcoins-are-there/

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NOTE The information discussed on the Altcoin Buzz YouTube or other social media channels is not financial advice. This information is for educational, informational and entertainment purposes only. Any information and advice or investment strategies are thoughts and opinions only, relevant to accepted levels of risk tolerance of the narrator and their risk tolerance maybe different than yours. We are not responsible for your losses. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence and consult the financial advisor before acting on any information provided. Copyright Altcoin Buzz Pte Ltd. All rights reserved.

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**DISCLAIMER**- I am not a financial adviser nor am I giving financial advice. I am sharing my opinion based off speculation. You should not take my opinion as financial advice. You should always do your research before making any investment. You should also understand the risks of investing. This is all speculative based investing.

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