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Tag: Central Bank Digital Currencies
Bitcoin Drops Down Below $7,000 despite Crypto-Positive Headlines: Week in Review August 6, 2018
Category: Adoption, Altcoins, Bitcoin, Blockchain, Finance, Investment, Mining, News, News Digest
Despite bitcoin-positive news coming from Wall Street, the price of bitcoin dropped by fifteen percent week-on-week, to close around the $7,000 mark on Sunday. Asset management giant Northern Trust announced that it would move into the cryptoasset custody business to provide custodial services to digital asset investors. Moreover, the New York Stock Exchange’s (NYSE) parent company ICE has announced the…
Swiss Bank Bearish on National Digital Currency
Category: Altcoins, Bitcoin, Blockchain, Business, News, Regulation, Tech
Speaking at the 2018 Crypto Valley Blockchain conference in Zug, Switzerland, on June 23, 2018, Thomas Moser voiced his doubts about the creation of an ‘e-franc’ Swiss bank crypto. Swiss Official Reveals Cryptocurrency Concerns Moser, a member of the Swiss National Bank’s board of governance, said that the initial interest had now passed, and central banks had become skeptical of…
