Search
We’ll Never Think About the Financial System the Same Way Again
26.3.2020
Central bank digital currencies open the way to tokenized and decentralized finance, says ConsenSys's fintech co-head
Scramble for Dollars: Emergency Cash Injections in $250 Trillion Global Debt Place the Fiat Ponzi On Ventilator
19.3.2020
The last few weeks of global hysteria has shown there’s been a mad dash for dollars and various fiat currencies. Moreover, central banks have tried to quell cash liquidity issues by injecting trillions into the hands of private banks and hedge funds worldwide. As the financial system shudders...
Central Bank Officials: DLT Can Improve the Global Financial System
8.3.2020
An IMF official is concerned that central banks may be rushing to develop blockchain systems without properly vetting the technology first
CoinDesk’s New Opinion Section: The Future of the Financial System Is Up for Debate
18.2.2020
Announcing CoinDesk’s new opinion section, a place for discussion on the future of money and all the interesting questions that surround crypto and blockchain as ideas
Central Bank of China Pumps 300 Billion Yuan Into Financial System, Cuts Loan Rates
18.2.2020
The Chinese government has taken multiple steps so far to contain the economic fallout from the coronavirus epidemic, including interest rate cuts and financial injections worth billions of yuan. It did it again this week, extending the monetary easing provided by the central bank. With the budget...
China Stocks Plummet Despite 1.2 Trillion Yuan Injection to Mitigate Effects of Epidemic
3.2.2020
China’s stock market plunged Monday under selling pressure accumulated during a prolonged holiday. Investors have been worried by the coronavirus outbreak that’s already taken the lives of more than 360 people. Beijing authorities have responded by pumping well over a trillion yuan into...
China Issues Digital Currency Guide for Party Cadres
14.1.2020
Understanding a complex subject should be easier with access to educational materials. With blockchain and CBDC now part of Beijing’s political vocabulary, the Communist Party of China (CPC) has issued a guide to digital currencies meant to prepare party officials for upcoming changes in...
Korean Presidential Committee Pushes to Make Cryptocurrency Mainstream
8.1.2020
A South Korean committee directly under the president has recommended several measures to the government that will make cryptocurrency mainstream. Emphasizing that “it is no longer possible to stop crypto asset trade,” the committee recommends integrating crypto into the country’s...
The Financial System of the Future — Who Benefits From CBDCs?
1.1.2020
Following a “successful” introduction of a digital currency, other existing payment instruments may disappear if their use falls below a critical threshold
RUON.AI Announces Patents and Successful Upload Of SovereignSky Space Blockchain
30.12.2019
Within just a decade, mankind will be well on the way to ending extreme world poverty. A new, encrypted Wi-Fi network will connect people on Earth. And a near indestructible blockchain financial system and global currency will exist off-world, invulnerable to the effects of war, conflict, solar...
French Central Bank Official Wants to Improve Financial System With Blockchain
25.11.2019
The first deputy governor of Banque de France, Denis Beau, has urged the finance industry to experiment with blockchain
US to Strictly Enforce Crypto Rules Similar to FATF Guidelines
19.11.2019
The U.S. government will strictly enforce the rules on cryptocurrencies similar to the standards recommended by the Financial Action Task Force (FATF). The Financial Crimes Enforcement Network has reaffirmed that its “Travel” rule applies to cryptocurrencies. Meanwhile, the Federal...
Crisis Fears Rise as Global Debt Hits a Record $250 Trillion
18.11.2019
The world’s total liabilities continue to grow rapidly as a new report reveals global debt is now over a record $250 trillion. For many investors and market watchers this raises the specter of another potential major economic crisis triggered by a collapse of the global financial system....
Financial System Blind to Crypto’s Deflationary Impact, Says Analyst
31.10.2019
Crypto’s deflationary impact will have profound implications for the global financial system
Zuckerberg to Tell Congress: Libra Can Fix ‘Failing’ Financial System
22.10.2019
Facebook's CEO released his written testimony a day before his scheduled appearance before the U.S. House of Representatives
Sean Walsh: Cryptocurrencies Can Harness More Human Energy
9.10.2019
Bitcoin scores high in terms of ‘moneyness’ compared to other forms of money as it has some technical advantages and social inertia. In an interview with Bitcoin.com’s Humans of Bitcoin podcast, brilliant contrarian thinker Sean Walsh shared his opinion about cryptocurrencies...
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...
Capital Controls in Argentina Demonstrate Dangers of Government-Controlled Money
5.9.2019
The current financial system, with governments and central banks controlling the flow of money, creates impediments for people’s economic freedom. Among them is the danger that the ruling class will try to hide its mismanagement of the country’s affairs by preventing people from voting...
Switzerland Approves Bitcoin Banks – But With Strict Conditions Attached
27.8.2019
One of the major problems for businesses in the cryptocurrency industry is finding a bank that agrees to work with them and connect them to the traditional fiat financial system. The financial regulator in Switzerland has just made this easier by licensing two companies to serve as tailored banks...
Decentralized Finance (DeFi) Challenges the Global Financial System
11.8.2019
Juan Villaverde is an econometrician and mathematician devoted to the analysis of cryptocurrencies since 2012. He leads the Weiss Ratings team of analysts and computer programmers who created Weiss cryptocurrency ratings.
_____________
Do you still think crypto is a scam? That smart contracts...