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Crypto’s ‘Illusory Appeal’ Should Be Met by Regulation, Not Bans, BIS Study Says
22.8.2023
Bitcoin ETFs could boost adoption because digital assets offer an escape route for state-imposed capital controls, a grouping of central bankers from the Americas said
BRICS Leaders to Talk Expansion at August Summit, Host Confirms
19.7.2023
The leaders of the BRICS states will discuss the organization’s enlargement when they meet in South Africa, the country’s president indicated. The summit is set take place in August when over a dozen countries will hope to be given a path to membership. Nearly 20 Nations Aspire for BRICS...
Yellen Champions Ukraine Support as ‘Single Best Thing We Can Do for the Global Economy’ Ahead of G20 Summit
16.7.2023
Janet Yellen, serving as the 78th U.S. Treasury secretary, emphatically declared on Sunday that bolstering Ukraine represents “the single best thing we can do for the global economy.” Furthermore, Yellen expressed caution regarding the premature removal of trade constraints against China,...
Brazil Sees BRICS Bank as Alternative Financial Institution, President Lula Says
27.5.2023
The government of Brazil views the development bank established by the BRICS bloc as an alternative to traditional financial institutions, the country’s head of state told African diplomats. President Lula da Silva also vowed that the bank will improve cooperation with its African counterpart....
BRICS Bank ‘Re-taps Into USD Bond Market’ With $1.25 Billion ‘Green’ Bonds
22.4.2023
The development bank established by the BRICS group of nations has issued its first “green” bonds in U.S. dollars (USD). Proceeds from the placement will be used to fund “green” projects supported under the banking institution’s sustainable financing policy. BRICS Development Bank Launches 3-year...
What ChatGPT Thinks About Digital Assets
19.4.2023
Todd Groth of CoinDesk Indices quizzes ChatGPT about crypto and then explores how that might factor into an investment opinion
Brazil’s President Lula Urges Developing Countries to Abandon Dollar as Global Reserve Currency
13.4.2023
According to Brazil’s president Luiz Inácio Lula da Silva, developing countries should abandon the U.S. dollar and strengthen their own national currencies. During a speech at the New Development Bank in Shanghai, Lula expressed his nightly pondering: “Why do all countries have to base their...
Bank Consolidation Threatens Freedom, Makes Case for Bitcoin
24.3.2023
The biggest threat from the banking crisis triggered by this month’s collapse of Silicon Valley Bank might not lie in the potential for depositors to lose their savings but in the censorship power that massive banks are now accumulating as customers move their money
UN Report Urges Fed to Suspend Interest Rate Hikes, Presses for ‘Public Spending’ Increases
4.10.2022
The United Nations Conference on Trade and Development (UNCTAD) has warned that the U.S. Federal Reserve’s interest rate hikes and the slew of other central banks raising rates, could pose harm to the global economy. UNCTAD calculated that for every Fed basis point rise, the economic output...
Crypto use in emerging markets driven by necessity: KuCoin Labs head
28.7.2022
Key differences in the use and development of cryptocurrencies come to the fore as Blockchain Economy Istanbul continues to focus on emerging markets
Developing countries love the Metaverse, rich nations not keen: WEF survey
26.5.2022
Developing countries have more than double the amount of people positive that the Metaverse will impact their lives and they'd use it daily in comparison to developed countries
5 Countries Will Accept Bitcoin as Legal Tender by End of Next Year, Says Bitmex CEO
11.10.2021
By the end of next year, at least five countries will have accepted bitcoin as legal tender, the CEO of cryptocurrency exchange Bitmex has predicted. He cited three key reasons why he arrived at this conclusion. “Developing countries will jump into crypto in 2022,” he said. More...
South African University Professor Urges Country to ‘Finalize Cryptocurrency Policy’ — Warns Against Resisting Crypto
27.9.2021
A professor with the University of Johannesburg, Rabelani Dagada, has urged South Africa to finalize its cryptocurrency public policy if the country still wants to become a hub for digital currency innovation. History Will Repeat Itself In an opinion published by Itweb, Dagada warned South African...
Activision CEO Bobby Kotick Comments On Harassment Allegations
28.7.2021
Activision Blizzard CEO Bobby Kotick has issued a public statement addressed to all employees concerning the lawsuit against his company by the state of California.Read more
A Conversation with One of Bitcoin Cash’s Most Prolific Developers
8.1.2021
Calin Culianu is the #1 contributor to the Electron Cash project. Also, he contributes to BCHN, and has created the Fulcrum server. Definitely a Bitcoin Cash hero in my book. I picked his brain a bit about all things Bitcoin Cash, and got some juicy answers. Calin likes to talk, so let’s...
Money Reimagined: The Ongoing Crisis Is Stirring a Crypto Awakening in Developing Nations
5.6.2020
Peer-to-peer bitcoin transactions are up in the developing world. This has everything to do with "QE Infinity" and could be an opening for stablecoins
Decred’s Akin Sawyerr Says Blockchain Is Part of Africa’s Political Future
16.1.2020
Blockchain-based governance could lead the way towards better business and political practices around the world, says investor Akin Sawyerr
Low Interest Rates Provide Precarious Protection Against Crisis, World Bank Warns
10.1.2020
The latest global debt wave is the largest in the past five decades, the World Bank has acknowledged in a new report. The international institution notes that previous waves of broad-based debt accumulation lead to widespread financial crises. Historically low interest rates this time might not...
Connecting Cash to the Internet Using Stablecoins
11.9.2019
Most often overlooked in the fintech space is the world’s most scalable and private payment system: cash. It is used in every country around the world and despite its much exaggerated demise, according to the G4S Global Cash Report 2018, cash circulation has risen to 9.6% of GDP across...