European Central Bank wary of Bitcoin $10.000

A member of the ECB’s Governing Council Ewald Nowotny states that the rise of Bitcoin to $10.000 may affect the real economy
28 November 2017   1365

Ewald Nowotny, the governor of the Austrian Central Bank, who also serves as a member of the ECB’s Governing Council assumes that the rise of Bitcoin may affect the real economy, cause panic and shift the blame to central banks.

The problem with bitcoin is that it could easily blow up and central banks could then be accused of not doing anything…So we’re trying to understand whether bank activity in relation to cryptocurrency trading needs to be better regulated.

 

Ewald Nowotny

The governor of the Austrian Central Bank and a member of the ECB’s Governing Council

The rules and regulations in Europe allow for the easy buying and selling of cryptocurrencies. Europe holds Bitcoin in popularity, but additional altcoins are also widely available.

Binance Android App to Support CC Payments

Additionally, crypto-fiat exchange Binance Singapore was launched
25 April 2019   83

Binance has updated the application for the Android OS. Now users can buy cryptocurrency using their credit cards.

In particular, the feature of buying Bitcoin, Ethereum, Ripple, Litecoin and Bitcoin Cash with your credit card is now available.

At the same time, the launch of the Binance Singapore crypto-fiat exchange took place. So far, only one trading pair is available to users of the site - BTC / SGD, but later in the listing other coins may appear.

Singapore users need not only to create an account, but also to link it to an account in the local Xfers payment service, which provides cryptowallet approved by local regulators.

It is noteworthy that earlier Xfers was a partner of Coinbase, when the latter launched its services in Singapore, but relations between the companies were terminated.