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US Government Won’t Allow Corporates to Keep Replacing Dollars With Bitcoin, Warns Investment Advisor
15.2.2021
Dan Nathan, the founder of Risk Reversal Advisors, says that the U.S. government will not keep allowing corporations like Elon Musk’s Tesla to replace dollars with bitcoin. They won’t “let the dollar fall away from being the reserve currency for the world,” which could...
Red Envelopes and BCH: Prominent Mining Execs Jiang Zhuoer and Jihan Wu Bolster Bitcoin Cash
14.2.2021
In recent days, bitcoin cash has seen significant gains, and supporters of the digital currency have been positive about specific developments, like the internet entrepreneur Kim Dotcom’s current support. On February 11, the Chinese New Year, the prominent bitcoin mining executives, Jiang...
‘Black Swan’ Author Pulls a 180- Nassim Taleb Says ‘Bitcoin’s a Failure, at Least for Now’
14.2.2021
On February 12, the well known Lebanese-American essayist and risk analyst, Nassim Nicholas Taleb, declared that the leading digital currency bitcoin is a failure, at least for now. Cryptocurrency fans have been upset by Taleb’s recent statements, after it seems the renowned author has done...
Indian Official Provides Updates on Crypto Bill and Transition Period for Crypto Holders: Report
14.2.2021
As the Indian government gets closer to moving forward with the cryptocurrency bill, an official from the Ministry of Finance reportedly explained what discussions the government has been having regarding the crypto bill and the impending legislation. Indian Crypto Bill’s Progress Update...
Amazon Is Working on Digital Currency Solutions— Pilot Project Set to Launch in Mexico
13.2.2021
The e-commerce giant is preparing to explore the crypto business, as a recent job listing suggests. Amazon is looking to launch a pilot project in Mexico that seeks to build a team that develops new solutions based on “digital currencies.” E-Commerce Giant Amazon Seeks to Target...
Colombia’s Financial Superintendent Approves Nine Crypto Platforms to Work With National Banks
13.2.2021
In Colombia, the entity managed by the Ministry of Finance and Public Credit, the Financial Superintendence of Colombia (Superfinanciera) has revealed the authorization of alliances between Colombian banks and digital currency exchanges. So far, Colombia’s financial department has approved...
Miami Going Full Bitcoin: City Supports Efforts to Hold Bitcoin in Treasury, Allow Tax Payments in BTC
12.2.2021
The U.S. city of Miami is going full bitcoin. The city commissioners have voted to support the mayor’s resolution to allow payments in bitcoin for salaries, taxes, and fees. The city also supports efforts to make bitcoin an acceptable currency for potentially investing in the state treasury....
Blockchain Bites: Mastercard, BNY Mellon Embrace Crypto; Amazon Floats ‘Digital Currency’ Project
11.2.2021
Recently deceased porn mogul Larry Flynt once said, “Hypocrisy is a detriment to progress." His story may have something to offer crypto
Amazon Building ‘Digital Currency’ Team for ‘New Payment Product’
11.2.2021
Just days after Jeff Bezos announced that his era, as the CEO, comes to an end at Amazon, the e-commerce giant, has indicated that it is prepared to explore the world of “digital currencies” – by launching what appears to be a Mexico-based pilot project.
The firm said, in a job posting for...
Amazon Preparing to Launch a ‘Digital Currency’ Project in Mexico
11.2.2021
Job postings describe a walled garden-type digital currency that could roll out in emerging economies
What Is Cryptocurrency?
10.2.2021
Cryptocurrency also termed as Digital or Virtual currency is considered as a form of asset and the currency is designed to work as an exchange medium. Crytpocurrency uses strong cryptography to secure the financial transactions. All these cryptocurrencies work on the … Continued
The post What...
Libra Coin – A New Digital Currency Developed by FACEBOOK
10.2.2021
Libra, Let’s get started: Technology has improved the world around us, it is easy to send text, pictures and documents but why not money. What if we made the money truly global, stable, and secure. What if everyone has invited to … Continued
The post Libra Coin – A New Digital Currency...
What Is Bitcoin?
10.2.2021
First of its kind Bitcoin – the cryptocurrency, is a digital currency which can be passed on between users on a bitcoin network without any centralized bank or administrative system. What many people do not know is that there are … Continued
The post What Is Bitcoin? appeared first...
Beijing’s $1.5 Million Digital Yuan Giveaway: China to Airdrop Digital Currency for Chinese New Year
9.2.2021
China is giving away 10 million yuan in its central bank digital currency in Beijing. Recipients can spend the digital yuan during the Chinese New Year festival. Beijing has become the third major city in China to test the central bank digital currency. 50,000 People to Receive Free Digital Yuan...
Ex-OCC Chief Brooks Calls Tesla’s Bitcoin Buy a Bit ‘Scary News’ for Rest of World
8.2.2021
Brooks noted that the U.S. money supply will have risen 40% over the last 12 months once the most recent round of stimulus is done
Bank of Korea: CBDCs Are Fiat Currency Not Virtual Assets
8.2.2021
Some legal changes would be needed before a potential central bank digital currency launch in South Korea, research indicates
Bank of Korea publishes book on central bank digital currency's legal issues
8.2.2021
South Korea's central bank has issue a book on legal matters that would need to be addressed to ensure the smooth operations and usefulness of a future central bank digital currency
Hardware wallet for digital yuan debuts in Xiong’an New Area
8.2.2021
China’s first hardware wallet for the digital yuan supports dual offline payments without an internet connection
Luxurious Pro Network Token Officially Listed on PROBIT
7.2.2021
PRESS RELEASE. The LUXURIOUS PRO NETWORK TOKEN is now officially listed on PROBIT, a globally reputed professional digital currency exchange. Officials from both the organizations have expressed their opinion in this regard. “In my opinion, LPNT’s solid strategy will benefit users...
Indian Government Prepares to Fast Track Crypto Bill — Plans to Introduce Cryptocurrency Law in a Month: Report
7.2.2021
The Indian government is reportedly considering taking “the ordinance route” to quickly pass the cryptocurrency bill. “The government is of the firm view that they want to introduce the law within a month of clearance of the ordinance,” a local news outlet detailed. Indian...