Sentences with phrase «cryptocurrencies as a threat»

Last week, Bank of America's (BOA) released their SEC annual report that also contained a mention of cryptocurrencies as a threat to their business, with the risk of competition described in very similar terms: «the widespread adoption of new technologies, including internet services, cryptocurrencies and payment systems, could require substantial expenditures to modify or adapt our existing products and services.»

ASIC mining rigs were viewed by many early adopters of cryptocurrency as a threat to the core principles of blockchain and cryptocurrency.

Global financial services company JPMorgan Chase has become the most recent bank to label the rise of cryptocurrencies as a threat to its business...

Not exact matches

The acquisition will instantly make Circle a rising threat to Coinbase, the biggest cryptocurrency exchange in the U.S., as well as Bittrex and Kraken, the runner - ups.

As South Korean exchanges harden their networks and the government imposes stricter regulatory controls on cryptocurrencies, exchanges and users in other countries should be aware of the increased threat level from North Korean actors.

As such, there are still concerns regarding the cryptocurrency market, but hopefully, the new reforms coupled with stricter regulations, laws and mechanisms to effectively regulate cryptocurrencies dealings will hopefully decrease the threat of digital currency misuse in the country.

Hacking is one of the biggest security threats; as cybercriminals become more advanced in their approaches, cryptocurrencies become increasingly vulnerable to high - tech thieves.

Bitcoin occasions in mainland China are really uncommon nowadays, as the vast majority of them are either in Hong Kong, Singapore, or Japan, places of which incubates the cryptocurrency despite the threats in cyber security.

The threat of increased regulation of cryptocurrency markets by governments around the world should also not be underestimated, as legal and tax changes could have a significant impact on bitcoin's value.

However, don't forget that the cryptocurrency sphere is increasingly crowded, and bitcoin is sure to face plenty of threats to its title as the world's No. 1 cryptocurrency from a host of well - organized and professionally backed competitors.

Guardian Circle's Jeffrey sees entrenched interests as the biggest threat to social progress via cryptocurrencies.

Other European regulators have been also skeptical about cryptocurrencies and see them as a threat to financial stability.

«Robust regulation will help protect both retail and institutional investors, help combat cryptocurrency criminality, and reduce the potential threat of disrupting global financial stability, as well as offering a possible long - term economic boost to those countries which introduce it.

The acquisition will instantly make Circle a rising threat to Coinbase, the biggest cryptocurrency exchange in the U.S., as well as Bittrex and Kraken, the runner - ups.

While individuals like Mark Carney — a Canadian economist who serves as Governor of the Bank of England and Chairman of the G20's Financial Stability Board — claim that Bitcoin and other cryptocurrencies have «failed» and thus pose no threat to traditional financial institutions, others less invested in the status quo aren't so sure.

One month after that, the bank included a note in its financial statements citing cryptocurrencies as a potential threat to their business.

Corbat stated during an interview conducted by Bloomberg at a meeting held in New York yesterday that such cryptocurrencies come off as a «real enough threat» to the financial system as a whole.

Consumers who do not see the highs and lows of the cryptocurrency market as a threat to their cash flow and capital through this system will be akin to a holy grail.

South Korean lawmakers are toiling hard to enforce a set of bills which shall provide legalised plying fields to cryptocurrencies such as Bitcoin and safeguard the investors from potential threat involved.

The threat of increased regulation of cryptocurrency markets by governments around the world should also not be underestimated, as legal and tax changes could have a significant impact on bitcoin's value.

However, don't forget that the cryptocurrency sphere is increasingly crowded, and bitcoin is sure to face plenty of threats to its title as the world's No. 1 cryptocurrency from a host of well - organized and professionally backed competitors.

«North Korean threat actors have prior experience in assembling and managing botnets, bitcoin mining, and cryptocurrency theft, as well as in custom altering publicly available malware; three elements that would be key to effectively creating and managing a network of covert cryptocurrency miners,» Recorded Future's report reads.

Kelly's remarks were also made on the very same day of the US Treasury stating that cryptocurrencies are a threat both because of its anonymous nature which facilitates nefarious activities such as terrorist - funding and money laundering.

While Segwit2X promised to improve Bitcoin's growing transaction issues by upping the blocksize from 1 MB to 2 MB, many saw the update as an immediate threat to the future of the popular cryptocurrency.

The Fed considers cryptocurrencies as highly volatile assets, however, does not see any threat to the economy.

Many threat actors and fraudsters are also operating malicious websites masquerading as legitimate cryptocurrency exchanges.

Contacted by the Daily News regarding the threat brought about by the adoption of digital currencies to the regions resolve to have a single currency, Mr. Bernard Dadi, the Director of National Payment System at the Bank of Tanzania (BoT), confirmed that plans to have a single currency for the EAC block were still ongoing even though cryptocurrencies such as bitcoin pose a challenge.

As South Korean exchanges harden their networks and the government imposes stricter regulatory controls on cryptocurrencies, exchanges and users in other countries should be aware of the increased threat level from North Korean actors.

Cryptocurrency ads are being categorized as «emerging threats» and Google's concerns with them mostly involve the unregulated nature of cryptocurCryptocurrency ads are being categorized as «emerging threats» and Google's concerns with them mostly involve the unregulated nature of cryptocurrencycryptocurrency markets.

The provision in question states: «[A] discussion of and data regarding trends in illicit finance, including evolving forms of value transfer such as so - called cryptocurrencies, other methods that are computer, telecommunications, or internet - based, cybercrime, or any other threats that the...

Cryptocurrency exchanges have enough regulatory issues to deal with as it is, what with the threat of banking facilities being withdrawn at short notice, without having to worry about the SEC breathing down their necks.

A parade of central bankers and supranationals masquerading as cryptocurrency experts contributed to the declines by calling bitcoin a «threat to financial stability» and warning that «policy intervention,» even «preemptively,» would be needed.

With numerous factors affecting the price of cryptocurrency such as the looming threat of regulation, many have wondered at what point the market will be able to bounce back.

Cryptocurrencies are a threat to the business model of Bank of America: In the recent annual report filed by Bank of America, cryptocurrencies are listed as a threat to theCryptocurrencies are a threat to the business model of Bank of America: In the recent annual report filed by Bank of America, cryptocurrencies are listed as a threat to thecryptocurrencies are listed as a threat to the business model.

Regardless of whether or not Bitcoin and other cryptocurrencies succeed, Shanmugaratnam does not see them as a threat to Singapore, writing:

Internet censorship is a favorite of governments as a way to shut down dissidents, and there's every reason to believe it would be a first response should cryptocurrencies like bitcoin become a real threat.

On Jan. 26, the US Federal Bureau of Investigation (FBI) issued a warning about the increasing occurrence of fake email death threats in California that are used as a tool of cryptocurrency extortion.

Chinese Expert: Chinese Cryptocurrency Market Is «Overheated» Xiahong Lin, CEO of Chinese predictions market platform Bodhi, has claimed that the country's cryptocurrency market is now «overheated,» as the threat of a second wave of regulations looms in the MCryptocurrency Market Is «Overheated» Xiahong Lin, CEO of Chinese predictions market platform Bodhi, has claimed that the country's cryptocurrency market is now «overheated,» as the threat of a second wave of regulations looms in the Mcryptocurrency market is now «overheated,» as the threat of a second wave of regulations looms in the Middle Kingdom.

This is a very important development and a good news for the entire community as crime related activities such as hacks pose a threat to the entire cryptocurrency industry.

«As cryptocurrencies continue to generate considerable attention in the media and interest from the public, these illegal and fraudulent securitized cryptocurrency offerings pose a grave threat to traditional investors.

The largest cryptocurrency continued its tumble, with experts blaming events such as global regulatory threats, million dollar cyber heists, price manipulation fears, and the recent banning of cryptocurrency ads on Facebook.

It has been regarded as a threat as victims ignorantly install applications that covertly mine cryptocurrency

There is the threat of shifting operations to friendlier jurisdictions, that have a more positive attitude towards cryptocurrencies and that may act as a safe haven.

So far central banks, especially in EU and US, see no immediate threat to financial stability and so little danger for the financial system, as mainstream financial markets are isolated enough from Bitcoin and other cryptocurrencies.

Multiple security firms recently identified cryptocurrency mining service Coinhive as the top malicious threat to Web users, thanks to the...

The real threat, according to some observers, comes from the decentralized, non-state economy that cryptocurrencies such as bitcoin promise to deliver.

He also argued there was no legal provision backing up crypto transactions and referred to cryptocurrency as a «serious threat to the financial stability» of India and the developed world.

The cryptocurrency market rebounded as much as 15 % after a top central banker advised the Group of 20 that digital assets posed no serious threat to financial stability.

The FBI warns Internet users about death threat hoax emails as a new type of cryptocurrency extortion, victims are highly disturbed.

However, it seems like cryptocurrency investors can expect to get some goods news from Buenos Aires as the Bank of England governor, Mark Carney has insisted that cryptocurrencies don't risk global stability and doesn't pose any threat to global finance.