Investorideas.com breaking Bitcoin, blockchain and crypto stock news

Thursday, March 14, 2019

#CryptoCorner: #Crypto Could “Raise Financial Stability Concerns” According to Basel Committee, Coinbase Pro Adds XLM Support




#CryptoCorner: #Crypto Could “Raise Financial Stability Concerns” According to Basel Committee, Coinbase Pro Adds XLM Support



Point Roberts, WA, Delta BC March, 14 2019 -  Investorideas.com, a leader in crypto and blockchain investing news, in partnership with Fit Pay, Inc.’s  (subsidiary of NXT-ID (NASDAQ: NXTD) crypto payment tech, Flip and  the Genesis Exchange and Wallet  App bring you today’s edition of the Crypto Corner podcast and commentary on what’s driving the cryptocurrency market .

Listen to today’s Crypto Corner Podcast:
 


Subscribe to Podcast RSS feed:
https://www.investorideas.com/rss/feeds/Podcasts-Crypto.xml

March 14 Crypto Corner

Crypto Could “Raise Financial Stability Concerns” According to Basel Committee, German Bankers Association Anticipates Regulation to Check DLT Development, Coinbase Pro Adds XLM Support and Thai Stock Exchange Building Digital Asset Platform

A group of banking authorities known as the Basel Committee, part of the Bank of International Settlements (BIS), issued a report yesterday claiming that cryptoassets “increase risks faced by banks”. The Committee cites volatility, lack of standardization, money laundering and terrorism risks, and the inadequate functioning as a proper currency as reason why crypto threatens traditional banking and market stability.

The past few years have seen a growth in crypto-assets. While the crypto-asset market remains small relative to that of the global financial system, and banks currently have very limited direct exposures, the Committee is of the view that the continued growth of crypto-asset trading platforms and new financial products related to crypto-assets has the potential to raise financial stability concerns and increase risks faced by banks.

A statement issued by the German Bankers Association posited that with the growth of distributed ledger technology, new regulation may be necessary. As the use and development of DLT increases, the statement argues, updates to regulation may be required to check the disruptive nature of the technology.

A blog post yesterday revealed that Coinbase has added support for Stellar Lumens (XLM) on its Coinbase Pro platform. The post indicates that after 12 hours of deposits, which has now elapsed, full trading of XLM will commence. And once enough XLM is on the platform, trading with USD, EUR and BTC pairs will begin in phases.

The Stock Exchange of Thailand (SET) has announced that it is building a digital asset platform for a 2020 launch. This comes as part of an overhaul of the Thai capital market, which is being put through a “complete digitization” process. SET President Pakorn Peetathawatchai said:

“SET strongly believes that the collaboration with all stakeholders in enhancing the existing infrastructures that are a backbone of the current ecosystem and in building the new digital asset ecosystem will be a turning point that will take the Thai capital market to the next level. SET stands ready to build and operate the capital market that is underpinned by trust.”



Sam Mowers, Investorideas

Read other editions of the 
Crypto Corner

Get the Crypto Corner News by email Get Crypto Corner News



Crypto Corner Sponsors:


Flip™ is the creation of Fit Pay, Inc., a leading provider of cutting edge payment technology and a subsidiary of NXT-ID (NASDAQ: NXTD). By leveraging the FitPay Payment Platform™, Flip enables cryptocurrency holders to seamlessly exchange their cryptocurrency for US dollars and store that value on a contactless payment device that can be used to make purchases at millions of retail locations.  https://www.fliptopay.com/




Genesis Exchange and Wallet App by Genesis Blockchain Technologies ( GBT)
@GenesisBlockch 
GBT is a powerful cryptocurrency centralized / decentralized exchange which will include a broad range of services and benefits from cryptocurrency and blockchain markets development, while avoiding complications and risks arising from crytocurrency ownership, transfer, and exchange.You can Download the Genesis Exchange and Wallet App at Google Play and on the Apple App Store. Learn more at  http://www.mygenesis.io



More info on the sector:
Investor Ideas is positioning as a  leader in blockchain and crypto content with its Bitcoin and Blockchain portals Bitcoinandblockchainstocks.com, Cryptocurrencyinvestorideas.com and Blockchaininvestorideas.com

For investors following the sector Investor Ideas has a comprehensive Bitcoin, Blockchain and Digital Currency Stocks Directory

Talk about the sector with other companies and investors- Join our LinkedIn Group Blockchain and Digital Currency Stocks and ICO's - Latest News and Commentary https://www.linkedin.com/groups/13560073

About Investorideas.com - News that Inspires Big Investing Ideas
Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and  sector trends  from Investorideas.com with our news alerts , articles , podcasts and videos  talking about cannabis,  crypto,  technology including  AI and IoT , mining ,sports biotech, water, renewable energy and more . Investorideas.com original branded content includes the daily Crypto Corner and Podcast, Play by Play sports and stock news column, Investor Ideas #Potcasts #Cannabis News and Stocks on the Move podcast and column,  Cleantech and Climate Change Podcast and  the AI Eye Podcast and column covering developments in AI. 

The Investorideas.com podcasts are also available on iTunes,  Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio and Google Play Music.

Visit the Podcast page at Investorideas.com:

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp. Disclosure:  this  newsletter  and podcast is sponsored content by featured companies NXt-ID (NASDAQ: NXTD) on behalf of Flip  and  GBT Technologies  . More info: http://www.investorideas.com/About/News/Clientspecifics.asp Learn more about Investor ideas podcast and news publication  services and costs https://www.investorideas.com/News-Upload/

Cryptocurrency Disclaimer
Investorideas.com news content is not meant to be a solicitation to buy or sell cryptocurrencies and Investorideas.com does not directly sell cryptocurrencies; but acts as a news and research resource for interested investors following the blockchain sector.

Copyright and ownership: Crypto Corner is an Investorideas.com content brand

Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp


Learn more about our news, PR and social media services at Investorideas.com

Follow us on Twitter https://twitter.com/Investorideas

Contact Investorideas.com
800-665-0411










































3 comments:

  1. Learn more about the best cryptocurrency trading sites to trade your currency, we gives you complete solutions for your currency, So if you want to make money trading cryptocurrency or forex visit Fplus

    ReplyDelete
  2. Investment education that are essential for Investing financially. Online investing education gives you the insight and the mental ability required for effective thinking and to have a decisive perspective towards, success Investing Financially.

    ReplyDelete
  3. You have done a great job. I will definitely dig it and personally recommend to my friends. I am confident they will be benefited from this site.crypto

    ReplyDelete

Coinbase Retail Participation Is Down 68% In Quarter 2 of 2022

Coinbase Retail Participation Is Down 68% In Quarter 2 of 2022