[ad_2][ad_1] Many cryptocurrency fans have expressed an interest in introducing digital currency into the global "unregistered" – those who currently have no account with a financial entity or a mobile money provider. Approximate estimates from the World Bank say the number of unbanked worldwide amounts to 1.7 billion. Separation from …
Read More »History, Federal Reserve, debt and inflation
[ad_2][ad_1] Fractional- Reserve Banking: the complete guide The concept of money has really come a long way. At the beginning we had the barter system in which goods were exchanged. Then came the coins that were then minted and served as a means of buying supplies that were necessary. The …
Read More »What does the future of Blockchain reserve?
[ad_2][ad_1] Blockchain the distributed, decentralized, public ledger is the technology of record keeping. At its most basic level, it is the digital transformation stored in a public database. The blocks store information about transactions and transaction entities. As the name blockchain suggests, they consist of several blocks joined together. Anyone …
Read More »Ripple Proposed to the Federal Reserve to support inter-bank agreements
[ad_2][ad_1] On December 13, 2018, Ripple submitted a proposal addressed to the US Federal Reserve named "Potential reserve federal actions to support the fastest inter-bank payment regulation'. According to the document, the digital era has radically changed the nature of daily interactions and trade. There was a gap between the …
Read More »What could 2019 reserve for cryptocurrencies in Africa? The New Times
[ad_2][ad_1] The appetite for digital currencies has not yet worked well in Africa. There are over 2000 digital currencies active worldwide and others continue to be issued. Among the latest and perhaps to behold for the continent in 2019 are AfriUnion Coin (AUC) and the AfriNational Tokens (ANT). Both digital …
Read More »The XRP community is excited about Ripple's potential in the & # 39; FedPayments & # 39; of the Federal Reserve
[ad_2][ad_1] In a recent tweet uploaded by Bank XRP, a popular supporter of XRP and Ripple shared some videos with representatives of various companies and agencies that talk about the payment industry. In the first video, Dave Sapenaro, the first vice president and general manager of the Federal Reserve of …
Read More »Blockchain should not be an enemy of the United States Federal Reserve
[ad_2][ad_1] Although most central banks are reluctant to turn to blockchain technology, important institutions like the Federal Reserve of the United States should understand the implications of these distributed register technologies and how to adapt to them, the economist Eswar Prasad discussed in a Financial Times article of January 1, …
Read More »Reserve Bank of India cancels the state-supported cryptocurrency
[ad_2][ad_1] The RBI recently canceled its strategy of presenting a state-supported cryptographic resource between the workload and the increased concerns around the AML. Although the responses of the instruction remained available until the end of July 2018, according to the news did not see the advantage of the day, an …
Read More »The US Federal Reserve is not planning to launch its own cryptocurrency
[ad_2][ad_1] / Ultima / 2018/12 / us-federal-reserve-is-not-planning-to-launch-its-own-cryptocurrency / Aleksander Berentsen, a researcher at the Federal Reserve Bank of St. Louis, and his colleague, Fabian Schar, wrote an article in which they recognized that it is easy for central banks to create their own cryptocurrency. "However, the key features of cryptocurrencies …
Read More »Do not say anything else about FedCoin, the US Federal Reserve has no interest in national cryptography
[ad_2][ad_1] The Federal Reserve of the United States, commonly known as the Fed, has lost its interest in the idea of national cryptocurrencies. With the value of Bitcoin skyrocketing last year, blockchain looked like the future, but in reality it was much more clamor than anything else, so now the …
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