Home » Tag Archives: Considers

Tag Archives: Considers

India’s Govt Considers Allowing Crypto Tokens for Metro Cards, Airline Tickets: Report

India’s government is reportedly mulling the launch of crypto tokens of its own for financial transactions in the country despite an ongoing banking ban on decentralized cryptocurrencies. An inter-governmental committee tasked to study and propose a regulatory roadmap for the cryptocurrency sector is also examining the usability of crypto tokens in the public sector, domestic publication DNA India reports citing ...

Read More »

Goldman Sachs Considers Offering Cryptocurrency Custody Services

New York-based multinational investment bank Goldman Sachs is making another step forward in its bet on the cryptocurrency market. The firm, led by chairman and CEO Lloyd Blankfein, is reportedly considering a plan to offer custody for cryptocurrency funds. A large and credible institutional player becoming a custodian could be the news the crypto industry in the United States was ...

Read More »

Coinbase Custody Considers Addition of 37 New Assets Including XRP, EOS and XMR

San Francisco-based exchange and wallet service Coinbase announced today, Aug. 3 that it is exploring the addition of 40 new assets to its custodial service, Coinbase Custody. The blog post stresses that the crypto assets may be added “for storage only,” and that Coinbase will add them “as quickly and safely as possible.” Coinbase states that they are not currently ...

Read More »

Japan Self-Regulatory Crypto Exchange Association Considers Trading Cap for Some Clients

The Japan Virtual Currency Exchange Association (JVCEA) will obligate its member exchanges to place limits on the trading activity of some clients, Cointelegraph Japan reports today, July 28. The self-regulatory body has reportedly established a policy of to require its member crypto exchanges to place maximum limits on the volumes traded by the exchanges’ customers. The move reportedly aims to ...

Read More »

Self-Regulatory Crypto Exchange Association Considers Margin Trade Limits to Stem Losses

The Japan Virtual Currency Exchange Association (JVCEA) said it wants to place restrictions on member exchanges’ margin trading. The news of the plans of Japan’s self-regulatory cryptocurrency body comes from a Chinese media report July 24. Margin trading is the practice of borrowing money from the broker, used by crypto traders to buy or sell more cryptocurrency than they could ...

Read More »

Former Trump Advisor Steve Bannon Considers Creating Utility Tokens for Populist Movement

Steve Bannon, co-founder of Breitbart News and former Chief Strategist for U.S. President Donald Trump’s administration, confirmed his plans to enter the cryptocurrency market July 18, telling CNBC he was “working on” his own tokens. As part of an extensive interview on a range of current affairs subjects, Bannon told the network he owned an unspecified amount of Bitcoin (BTC), ...

Read More »

Bank of Thailand Considers Blockchain for Cross-Border Payments, Fraud Reduction

The Governor of the Bank of Thailand (BoT), said that the bank is considering blockchain technology for various applications during a speech at the the Bloomberg ASEAN Business Summit on July 12. The central bank’s governor Dr. Veerathai Santiprabhob stated that the bank was specifically reviewing blockchain applications for cross-border payments, supply chain financing, and document authentication. According to Dr. ...

Read More »

R3 Considers IPO Launch, Potential Buyers Express Interest

R3, a blockchain software enterprise that leads a consortium of more than 200 members, is considering launching an initial public offering (IPO), Bloomberg reported July 13. A source familiar with the issue told Bloomberg that the firm is negotiating an IPO with advisers, while potential buyers have already expressed interest in the sale. The final decision as well as the ...

Read More »

Bank of Finland Considers Bitcoin to Be a Fallacy

Various banks and financial institutions around the world have a negative view of cryptocurrencies. Although some banks have revised their outlooks, it appears the Bank of Finland is not among them. Its new paper on Bitcoin and other virtual currencies shows there is still a distinct lack of trust and belief in this growing industry. Refuting Cryptocurrencies in 2018 Every ...

Read More »

Japan’s Financial Regulator Considers Revising Crypto Exchange Regulation: Report

Japan’s financial regulator is reportedly considering a shakeup of its existing framework of regulating cryptocurrency exchanges to bolster customer protection norms and better secure investor assets. In April 2017, the Financial Services Agency (FSA) – Japan’s financial regulator and watchdog – enacted legislation that recognized bitcoin as a legal method of payment following a revision of the country’s Payment Services ...

Read More »