Archive | central bank

President of Minneapolis Fed: It’s Best To “Leave Bitcoin For The Toy Collectors”

Speaking at a Town Hall Forum today in South Dakota, the Minneapolis Fed President had some condescension for proponents of Bitcoin. Neel Kashkari told the assembly: “If you live in any modern advanced economy I would stick with the dollar I would stick with the yen and leave bitcoin for the, you know, toy collectors.” […]

Slovenia: Local Bank Forced to Stop Selling Cryptocurrency Via ATMs

A tiny bank in Slovenia has been forced to stop selling cryptocurrency from its ATMs. Hranilnica Lon only had 15 automated teller machines but announced proudly last September that they’d decided to allow the purchase of Bitcoin and other cryptocurrencies directly from the machines. This was done via BitIns coupons, which are traded directly for […]

Russia Urges 4 Other Countries to Develop Common Approach to Cryptocurrencies

The Russian Prime Minister Dmitry Medvedev has asked the leaders of the Eurasian Economic Union countries to jointly develop a common approach to cryptocurrencies. Both the Russian central bank and the prime minister believe that cryptocurrencies should not be restricted to one nation’s framework. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies […]

Chinese Investors Continue to Obtain Bitcoin Using Thriving OTC Platforms

A year ago today China’s central banks temporarily scared the cryptocurrency community when they stopped bitcoin exchanges from operating. Since then the top mainland-based digital asset exchanges moved abroad to more friendlier regions, but Chinese citizens are still acquiring bitcoin whether the People’s Bank of China likes it or not. Also Read:Companies Deny Having Bitcoin […]