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Lyn Alden on Why the Dollar System No Longer Serves the US or the World
18.1.2021
At the end of an 80-year global debt supercycle, who benefits from having the U.S. dollar as the world’s reserve currency?
Huobi Global Connects to European Banking System via UK’s BCB Group
18.1.2021
The crypto exchange is partnering with BCB Group to get instant GBP and euro settlement for its customers
China’s blockchain project BSN to pilot global CBDC system in 2021
15.1.2021
China is building a new system to integrate international central bank digital currencies as part of its national blockchain project, the BSN
Coinbase Issues a Public Apology to EU and UK Customers — Did Not Address Its Global Issues
15.1.2021
Cryptocurrency exchange Coinbase published a statement addressing their U.K. and E.U. customers, apologizing for system outages and account restrictions. The company also recognized their customer support “has not been at the levels” expected. High Flow of Incoming Customers According...
Goldman Sachs Sees Bitcoin Market Becoming More Mature
14.1.2021
Goldman Sachs’ global head of commodities research sees the bitcoin market becoming more mature. “The key to creating some type of stability in the market is to see an increase in the participation of institutional investors,” he detailed. Meanwhile, the price of...
ECB Chief Christine Lagarde Calls for Global Bitcoin Regulation — Says BTC Conducts ‘Funny Business’
14.1.2021
The president of the European Central Bank (ECB), Christine Lagarde, has called for the global regulation of bitcoin. She said that bitcoin is a highly speculative asset and has “conducted some funny business.” Emphasizing the need for countries to work together to regulate bitcoin,...
La carrera de Colombia por convertirse en un mercado líder de criptomonedas en la región
13.1.2021
Durante el año 2020, Colombia experimentó un gran incremento del uso de criptomonedas como reserva de valor y con fines transaccionales
‘No Middle Ground’: Inside Colombia’s Race to Become A Major Regional Crypto Market
13.1.2021
In 2020, Colombia saw a major boost in crypto use, both as a store of wealth and as a means of transaction
ECB president Lagarde renews calls for global regulation of Bitcoin
13.1.2021
In a recent interview, Lagarde said that Bitcoin has been used to conduct "funny business" and "totally reprehensible money laundering activity."
Huobi Global now supports ruble deposits and withdrawals
13.1.2021
Huobi partnered with fiat and crypto payment processor AdvCash to unlock deposits and withdrawals in the Russian ruble
Lawsuit Filed to Stop a Global Cryptocurrency Scam Spreading in India
13.1.2021
A class-action lawsuit has reportedly been filed against a cryptocurrency scam that has duped many Indian investors. The scam, promoted in three Indian languages, lures investors by promising up to 900% return on investments. The Delhi court has directed a notice to be placed in major newspapers...
Is China Poised to Nationalize Alibaba?
12.1.2021
The International Business Times reports China might nationalize Alibaba. Here’s what that has to do with China’s digital currency efforts
Investment Manager Guggenheim Has Some Advice as BTC Sheds Billions — ‘Bitcoin’s Parabolic Rise Unsustainable’
11.1.2021
Guggenheim Investments’ global chief investment officer has some advice on what investors should do as the price of bitcoin plummets. His company, with $230 billion in assets under management, has been trying to buy bitcoin for months. Guggenheim’s Strategist Has Some Bitcoin Advice...
Russian Oil Giant Provides Excess Gas to Operations Powering Bitcoin Mining Devices
10.1.2021
The firm Gazpromneft, an oil subsidiary of the Russian natural gas and global energy company Gazprom, is giving bitcoin mining operations the chance to power operations by using excess gas for electricity. The Russian firm has allowed a small mining operation to benefit from the excess gas...
Morgan Stanley Massively Increases Bitcoin Exposure Through Microstrategy
9.1.2021
Global investment bank Morgan Stanley has increased its bitcoin exposure manyfold by investing in Microstrategy, the Nasdaq-listed company which currently holds about 70,470 bitcoins. Morgan Stanley now has a 10.9% stake in Microstrategy. ‘Even Banks Want Bitcoin’ Global financial...
Could NFTs Become 2021’s Biggest Crypto Trend?
8.1.2021
Even at this point in Bitcoin’s evolution, it’s still relatively rare for cryptocurrencies to hit mainstream news headlines unless volatility reaches dramatic extremes. It’s even more extraordinary for blockchain apps to get picked up by the global media. Cryptokitties is one...
Global Virtual Series on the Future Evolution of AI in Payments & Fraud Risk Management
8.1.2021
Artificial Intelligence (AI) is here for quite some time and is successfully being used in banking applications like Fraud Analysis and Customer Risk Scoring, but with a limited scope. With such high expectations for the technology in payments and in myriad other industries, what will AI actually...
BTC Reaches a Whopping $40,000, Industry Exec Says ‘Bitcoin Rises in the Eye of a Perfect Storm’
7.1.2021
The price of bitcoin has astonished the masses once again surpassing $40,000 per coin across crypto exchanges worldwide. With well over $28 billion in global trade volume, the leading crypto asset’s overall market valuation is now a whopping $728 billion in value. Bitcoin’s Value Soars...
Visa-backed Bitcoin startup to launch Lightning-based global payments app
7.1.2021
Zap is announcing Strike Global, a Bitcoin payments app for global remittances
JPMorgan Predicts $146K Bitcoin Price as Competition With Gold Escalates
7.1.2021
JPMorgan’s analysts have made a case that bitcoin’s price could reach $146,000 as the cryptocurrency’s competition with gold heats up. Meanwhile, the firm’s global strategist sees the current bitcoin bull run as being similar to the bull run of 2017. He warns of three risks...