RBI Considering to Introduce its Own Cryptocurrency Similar to Bitcoin

RBI Considering to Introduce its Own Cryptocurrency Similar to Bitcoin”

"They are not JPMorgan orders", a spokesman said in an email to Business Insider."These are clients purchasing third party products directly".

Bitcoin declined slightly last week after JPMorgan CEO Jamie Dimon stated that it was a fraud comparing it so the tulip bulb mania of the 17th century.

Menant also stated that "It's also important to remember that the crackdown in China was targeting the activities of the local exchanges for not complying with the Chinese financial regulatory environment and not a crackdown on bitcoin and blockchain technologies". "If we have a trader that trades bitcoin, I would fire them in a second, for two reasons: It is against our rules and they are stupid, and both are unsafe", he said at an investor conference.

The country has already been cracking down on big commercial bitcoin trading exchanges.

Bitcoin refused to slow down on Monday even though reports continued to circulate that Beijing had made a decision to move forward with a crackdown that would see it hit with a wide range of sanctions in China, one of its biggest markets.

Along with JPMorgan, more than a dozen banks, including Morgan Stanley, Goldman Sachs Group Inc and Credit Suisse Group AG, have acted as brokers for buying and selling Bitcoin XBT on Nasdaq's Stockholm-based exchange, according to Swedish online bank Nordnet AB.

No matter how much Dimon wants to vilify bitcoin and other cryptocurrencies, all signs point to the virtual currency being here to stay. CBOE Holdings Inc has applied with USA regulators to handle a bitcoin futures contract and an exchange-traded fund.

CEO Nobuyuki Hirano spoke with CNBC during an appearance at a conference in Singapore.

Like this


19 September 2017
WWE Starrcade Live Event Announced for November
Also on the bill are The Hardy Boyz , who are from the RAW brand, but are making a special appearance in their home state. This will be SmackDown Live-exclusive, and a WWE Network Special Event similar to the first Roadblock in March of 2016.

19 September 2017
Mitchell Robinson to skip college, begin training for NBA Draft
Robinson, who had re-enrolled at WKU in late August, plans to bypass college and train to play professional basketball in the NBA. It had been speculated he would not be able to transfer to another Division I school and play in games during the 2017-18 season.

18 September 2017
Equifax executives subject to criminal probe
Bloomberg cited "people familiar with the investigation" who asked not to be named because it is confidential. The transactions were not disclosed in regulatory filings for pre-scheduled trading activities.

18 September 2017
Check out this new interactive trailer for Middle-Earth: Shadow of War
Players will continue the adventures of Talion as he tries to thwart the increasing threat of Sauron and his Nazgul forces. That's a decent duo of talented folks involved in the making of this interactive live-action film.

18 September 2017
Eddie Vedder, buskers give free concert outside Wrigley Field
After Game 4 of the 2016 World Series, Vedder joined Derek Trucks as the two played "The Weight" with Bill Murray in attendance . It is no secret that Pearl Jam front man Eddie Vedder is a die-hard Cubs fan.

18 September 2017
'This Is Us' wins pair of 2017 Emmy Awards for debut season
Ariel Winter arrives at the 69th Primetime Emmy Awards on Sunday, Sept. 17, 2017, at the Microsoft Theater in Los Angeles. That, of course, recalled Spicer's Trump-ordered claims about the bigness of Trump's Inauguration Day crowd.

18 September 2017
Ajo LP Invests $4.90 Million in Air Products and Chemicals, Inc. (APD)
Brick & Kyle Associates, Pennsylvania-based fund reported 16,450 shares. (NYSE:APD) on Monday, January 30 to "Neutral" rating. RBC Capital Markets maintained Kinaxis Inc (TSE:KXS) rating on Monday, February 27. (NYSE:CGI) rating on Tuesday, January 12.

18 September 2017
Trading Center: Watching Key Levels For VanEck Vectors Australian Property ETF
Traders often add the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) to identify the direction of a trend. Once you've confirmed the trend by recognizing price as being below or above the cloud, you can move to the moving averages.

18 September 2017
Kyrie Irving Does Not Care About LeBron James' Feelings
Irving's evolution into one of the NBA's best young players was nearly preordained from the time he suited up for the Blue Devils. Pressed by First Take co-host Max Kellerman, Irving said it wasn't about "wanting or not wanting" to play with James.

18 September 2017
Pfizer, Inc. (PFE) Given a $37.00 Price Target at Jefferies Group LLC
The rating was upgraded by Goldman Sachs to "Neutral" on Wednesday, September 16. (NYSE:PFE) rating on Tuesday, December 1. Hudson Valley Advisors Adv holds 1.66% or 173,011 shares. 1,428 were accumulated by Northwestern Mutual Wealth Management.