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Liechtenstein Adopts Token Act to Attract Crypto Business
6.10.2019
One of Europe’s smallest but richest nations, Liechtenstein, has made a significant step towards clarifying the regulatory environment in its already crypto-friendly jurisdiction. The parliament of the German-speaking principality in the heart of Europe has just passed a law that is likely...
Understanding the Impact of Cryptocurrency Exchanges on the Market & Modern-Day Economy
6.10.2019
The year 2018 and part of 2019, saw the fall of several ‘revolutionary’ crypto projects which eventually led to the delisting of tokens from the cryptocurrency exchanges. The primary reasons given for this included lack of liquidity, usage issues, as well as lack of regulatory abidance by...
Russia Regulates Digital Rights, Advances Other Crypto-Related Bills
4.10.2019
After much deliberation in the past months and years, Moscow has recently taken important steps toward regulating the crypto space. These are part of the efforts to open the way for the development of the Russian digital economy. The country, heavily dependent on energy exports and hurt by Western...
Zimbabwe Bans Popular Mobile Money Services From Paying out Fiat Cash
3.10.2019
Zimbabwe is once again showing the need to take away from politicians the power to control normal people’s money. The government there is now trying to cope with the results of mismanaging the economy by preventing citizens from using their fiat currency as they see fit. Also Read: Bittrex...
European Competition Watchdog Fears Libra’s ‘Closed Economy’
3.10.2019
The European Commissioner for Competition, Margrethe Vestager, is asking tough questions of Libra over its potential closed economy
Trump Pressures Fed for More Rate Cuts as Mega Banks Drain the Balance Sheet
2.10.2019
U.S. President Donald Trump is pressuring the central bank to cut interest rates even further as a spike in oil prices has offset the Federal Reserve’s ‘normalization’ tactics like rate-cutting and overnight repos. Additionally, the mega bank JP Morgan Chase (JPM) is being blamed...
Market Outlook: A Few Cryptocurrencies Rebound While Fear Grips Central Banks
1.10.2019
In the last 48 hours, digital currency markets have rebounded after some bearish price dips last week. After losing $35 billion in a short period of time, most crypto markets have been gradually healing and the overall market valuation of the cryptoconomy has clawed back at least 50-60% of...
Bank of Japan Eyes Lower Rates for Halloween as Negative Global Trend Continues
1.10.2019
In a recent rate review meeting of the Bank of Japan (BoJ), bank governor Haruhiko Kuroda and others on the nine-member board urged leaving all options on the table, where further cuts to the country’s negative interest rate are concerned. The talk of further stimulus reflects an ever-growing...
Central Banks in Panic Mode – Extreme Tactics Like Helicopter Money Discussed
30.9.2019
Central banks worldwide continue to inject more stimulus into the economy as they predict the onset of a new financial crisis. In the face of a sluggish economy, monetary easing, negative interest rates, and ‘normalizing’ the balance sheet is the name of the game these days. Now central...
To Improve the Resilience of its Financial System is Now a Priority for Reserve Bank of New Zealand
30.9.2019
Central banks all over the world are currently looking for a way to make their country’s financial system more efficient and in that regard, New Zealand is no different. In a new development, the Reserve Bank of New Zealand has indicated that the country’s financial system is good enough to tackle...
Interest Rate in Australia to Be Cut According to Financial Market Predictions
30.9.2019
Interest rates are being cut by most central banks all over the world in order to recharge economies. If the predictions from the financial markets are to be believed, the Reserve Bank of Australia is all set to cut interest rates as well. The Reserve Bank is going to convene its board meeting...
Blockchain-focused Sempo Wins Top Prize in Impact Pitch Night for Financial Inclusion Platform
30.9.2019
Sempo, the notable fintech startup firm has earned itself the top prize at Startup Victoria and Giant Leap’s Impact Pitch Night for its blockchain-centered ecosystem focused on financially connecting developing countries amongst themselves and with the global economy. The competition took place...
Bitcoin Is a Viable Way to Remove the State From Your Life
29.9.2019
The last decade has seen central banks print trillions of dollars, governments grown much larger, wars continue with no end, and ordinary citizens taxed even more. Thankfully there are individuals and small pockets of people all around the world who believe something is wrong. Many of these people...
Fake Royal Letter Asks $2.5M in BTC to Save UK’s Economy After Brexit
27.9.2019
Fraudsters pose as a royal secretary asking for $2.5 million in BTC from the British to save economy after Brexit
Lightning Sucks, But It Could Help Build a Bitcoin Economy
27.9.2019
At least a dozen startups are now betting on the profitability of bitcoin birthing a "Lightning Economy." Is it too soon?
Gloom on US Stock Market as Trade Tensions Escalate with China
26.9.2019
The trade war between the United States and China has proven to be one of the most significant political, diplomatic, and economic events of the past decade. It has unleashed immense economic uncertainty on most markets across the world and more so, on the stock markets in the two concerned...
BYZBIT Blockchain Technology and Token to Revolutionize the Paper Mill Business Economy
25.9.2019
With the growing demand of digital currencies and decentralized technology, genius heads from around the world are developing varied ways to exploit the benefits of the new-age mechanisms and use them in every possible industry domain which one can think of. The launch of BYZBIT, which takes pride...
Market Update: Low Volumes and Uncertainty Shake Crypto Traders
24.9.2019
The majority of digital currency markets have lost a few percentages over the last few days as cryptocurrency trade volume has been waning. Since our last market outlook, more than $20 billion in global trade volume disappeared and this Tuesday’s market data shows there’s only...
Popular Smartphone Apps Are Adding Crypto Capabilities
20.9.2019
News of Japan messaging giant Line’s September 17 launch of an app-connected crypto exchange is captivating lots of attention in the crypto and tech industries this week. Other initially non-crypto apps are also entering the market, adding native tokens, tipping functions and cryptocurrency...
Coinbase Considering Listing Telegram and Polkadot Cryptocurrencies Among Others
19.9.2019
Some of the coins under consideration, such as Telegram, are not yet live