Search results for ‘bitcoin

FCN: ECB Wakes Up to Bitcoin … BBG February 08, 2018 at 11:13AM

Executive Board member Mersch speaks in Bloomberg interview Cryptocurrencies are one focus of Argentina G-20 presidency The European Central Bank has woken up to the risks digital currencies can pose to policy makers’ bread-and-butter business: the economy. “If you increasingly have bridges between the virtual world and the real world and then there […]

FCN: US regulator says bitcoin currently not a threat to banking system … CNBC December 20, 2017 at 04:45PM

Office of the Comptroller of the Currency headJoseph Otting told reporters the regulator had recently conducted an informal poll of banks to gauge their exposure to bitcoin. He does not consider it a threat because lenders have mostly steered clear of stakes in bitcoin. Bitcoin currently does not pose a threat to the stability of the U.S. banking system because lenders have mostly steered clear of taking positions in the virtual currency, a top U.S. bankingregulator said […]

FC: Is It Time to Regulate Bitcoin? 5 Dec 2017

Is It Time to Regulate Bitcoin? As the digital currency grows in size, it will be hard for regulators to resist the urge to step in By James Mackintosh Bitcoin has been the ideal proving ground for investment’s most powerful advice: caveat emptor, buyer beware. Individuals who lose […]

FCN: Fed’s Quarles warns that digital currencies like bitcoin pose ‘serious financial stability issues’ as they grow … CNBC November 30, 2017 at 05:40PM

Fed‘s Quarles warns that digital currencies like bitcoin pose ‘serious financial stability issues’ as they grow Jeff Cox The more popular bitcoin and other cryptocurrencies become the more danger they pose to the financial system, new Federal Reserve Governor Randal Quarles warned in a speech Thursday. On the […]