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Though 'Intriguing,' Crypto Won't Dethrone Dollar, Says IMF Economist
7.1.2020
The U.S. dollar currently is not at risk of being dethroned by a digital currency, IMF chief economist says
Digital Currencies Won’t Replace US Dollar Any Time Soon: IMF Chief Economist
7.1.2020
Digital currencies do not yet meet the criteria to become a viable alternative to the greenback, according to the IMF's Gita Gopinath
Scottish Novelist Andrew O’Hagan Asked to Testify in Kleiman v. Wright Lawsuit
4.1.2020
The high profile billion dollar bitcoin lawsuit, Kleiman v. Wright, has continued into the new year. The Kleiman estate’s legal team filed for a protective order to prevent the deposition of Wright’s ex-wife on January 13, 2020. Additionally, the plaintiffs and defendants have scheduled...
MARKETS DAILY: Central Bank Digital Currencies and US Dollar Dominance in 2020
2.1.2020
With 2019 vanishing in the rear view mirror, Markets Daily is back for an insightful look into the trends that are already shaping this new decade
In Race for 2030 Currency Supremacy, the Dollar Is Its Own Worst Enemy
31.12.2019
As the roaring '20s begin, the U.S. dollar looks as strong as ever. But signs of decline are on the horizon
Crypto’s Counterpunch to U.S. Hegemony and Empire
27.12.2019
“The Muslim world should be designing measures to save themselves from the domination of the United States dollar and the American financial regime.” —Hassan Rouhani, President of Iran Also Read: Crypto Confronts Social Justice Warriors Hegemony and Muslim Resistance Hegemony...
Utorg Exchange Grants Access to Traders With Limited Verification
24.12.2019
Utorg.io is a digital asset exchange based in the U.K. that allows users in Europe and around the world to trade cryptocurrencies with stablecoins and fiat money. What sets the new platform apart from many incumbents is the simplified verification procedure for traders who don’t exceed...
Mnuchin Affirms $1.5 Trillion Unaccounted For, Still Demands Strict Bitcoin Regulation
23.12.2019
U.S. Treasury Secretary Steven Mnuchin remarked last week that a reported $1.5 trillion in missing cash — mostly one hundred dollar bills — was “sitting in bank vaults all over the world.” The famously anti-bitcoin U.S. official noted that “there’s a lot...
Iran, Turkey, Malaysia Discuss Creating Unified Muslim Cryptocurrency
21.12.2019
At a summit attended by leaders of Muslim countries, including Malaysia, Turkey, Iran, Qatar, and Indonesia, the Iranian president proposed creating a Muslim cryptocurrency to cut reliance on the U.S. dollar. The Malaysian prime minister supports the idea of a unified cryptocurrency for Muslim...
MARKETS DAILY: Defeating the ‘Domination’ of the US Dollar
20.12.2019
With bitcoin seemingly back to 'normal', we take a moment to look at historical adoption at the fringe and how it might apply to national cryptocurrencies.
It's CoinDesk's Markets Daily
Iran President: We Need a Muslim Cryptocurrency to Fight the US Dollar
19.12.2019
Iranian President Hassan Rouhani says the Muslim world needs its own cryptocurrency to fight American economic domination in international trade and cut reliance on the dollar
Regulatory Roundup: Crypto ‘Inevitable’ in India, China Rankings, NY Streamlines Policy
16.12.2019
In this regulatory roundup, we cover a positive crypto story in India, China’s year-end rankings, and the European Central Bank entering the stablecoin race. We also cover the New York regulator’s proposed Bitlicense revision — the first in five years — and several other...
China-like Digital Fiats to End Dollar Dominance
15.12.2019
Cash of the titans.
Artistdesign29
One of the hottest topics in cryptocurrencies is the prospect of major economies launching state-backed digital coins. China’s central bank recently accelerated plans for what is currently known as the Digital Currency Electronic Payment (DCEP)....
MARKETS DAILY: Billion Dollar Returns Removed From Libra White Paper
12.12.2019
With markets continuing their decline, we're hunting for billion dollar returns and the Libra Investment Token in a major revision to the Libra white paper
NY Regulator Proposes Relaxing New Coin Listing Requirements
12.12.2019
The New York State Department of Financial Services, the Bitlicense regulator, has published a proposed framework for licensed companies seeking to list new coins. This is the first time the regulator has proposed changes to its crypto regulation in five years. Among the changes, licensees will...
Volcker Might Have Said Yes to a Digital Dollar – If He Knew What It Was
12.12.2019
What would the late former Federal Reserve Chair Paul Volcker have thought about digital currencies issued by central banks?
Coinbase Card Rolls out DAI as First Supported Stablecoin: Official
6.12.2019
DAI is the first stablecoin supported by Coinbase Card, the exchange announced
Steven Mnuchin Does Not Expect US to Issue Digital Dollar in Next 5 Years
6.12.2019
U.S. Treasury Secretary Steven Mnuchin says he and the Federal Reserve chairman see no need for the country to issue a digital dollar
Crypto-Focused Lender Blockfi Launches Trading Platform
5.12.2019
Crypto financial services company Blockfi has launched a trading platform supporting three cryptocurrencies. The new offering adds to the company’s existing services: interest-bearing accounts and crypto-backed loans. Blockfi has completed registration with the U.S. Financial Crimes...
Onecoin Websites Suspended as the $4 Billion Ponzi Crumbles
5.12.2019
The MLM monitoring publication behindmlm.com revealed on Dec. 1 that the infamous Ponzi scheme Onecoin’s website onecoin.eu has gone offline. According to the domain host Eurid, the onecoin.eu domain name is currently “under legal investigation.” Onecoin’s website going...