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Iranian Official Says US Congress is Working to Block Iran’s Crypto Mining
6.7.2019
Representative for Iran’s Ministry of Industry, Trade, and Supply says US Congress sees mining in Iran as a threat to the success of sanctions
Three Bank Failures Open New Chapter in Never-Ending Financial Crisis
5.7.2019
The collapse of three banks on three different continents indicates a new global crisis is brewing. But it may also show that the last one never really ended and the tools used to manage the global economy simply don’t work. Also read: Side Effects of Economic Growth: Is Snowden Right to...
President Maduro Orders The Bank of Venezuela to Accept Petro Crypto
4.7.2019
Because of an order emitted by Venezuela’s President Nicolas Maduro, the country’s leading bank Banco de Venezuela will accept the Petro
Latin America’s Biggest Investment Bank to Sell $1 Billion in STOs Using Tezos
4.7.2019
Latin America’s largest investment bank, BTG Pactual, plans to co-sell over $1 billion worth of STOs based on the Tezos blockchain
Deutsche Bank’s Restructuring Costs Could Set It Back By $5.7 Billion
4.7.2019
Deutsche Bank used to be one of the biggest banks in the world, and after a while, it decided to enter the world of high finance by expanding aggressively into new markets in the United States, United Kingdom, and Asia. It seemed like a sound strategy for Germany’s biggest bank, but then the 2008...
IBM, Top Australian Banks to Pilot Blockchain for Retail Lease Bank Guarantees
4.7.2019
The blockchain pilot will digitize the bank guarantee process in an effort to tackle fraud and improve efficiency
IBM Launches Blockchain Pilot for Bank Guarantee Processes
3.7.2019
IBM has launched a blockchain pilot for bank guarantee processes with four Australian financial services firms
Economist Joseph Stiglitz: Only a Fool Would Trust Facebook’s Libra
3.7.2019
“Every currency is based on trust, but only a fool would trust Facebook’s Libra” noted Nobel laureate in economics Joseph Stiglitz
Now Japanese Regulators Are Getting Anxious About Facebook’s Cryptocurrency
3.7.2019
Japan's central bank has joined the regulators worldwide expressing concerns over the potential risks posed by Facebook's Libra cryptocurrency
First Successful Blockchain-tracked Shipment from South Korea to the Netherlands
2.7.2019
As a proof-of-concept, a shipping container has completed its transcontinental, blockchain-automated shipment from South Korea to the Netherlands
Bitcoin and Black Market Fiat: Hyperinflation Crushes Venezuela as Global Devaluation Ramps Up
2.7.2019
Venezuela is being crushed by staggering hyperinflation as a sharply divisive political crisis has the economy in ruins. Some are seeking refuge in alternatives to the national currency, like foreign fiat and crypto. The situation also calls into question the long-term trajectories of other, less...
Russia’s Largest Bank Is Quitting Central Bank’s Blockchain Project
2.7.2019
Enterprise blockchain project Masterchain is falling short of expectations – and Russia's largest bank is quitting in frustration
Facebook’s Libra Will Benefit Bitcoin But ‘Destroy’ Banks, Says Industry
2.7.2019
More claims Facebook will overturn the banking industry with Libra launch
Blockchains CEO Acquires Kirkwood Bank of Nevada for $28 million
2.7.2019
Blockchains CEO bought a bank, purportedly to serve the needs of blockchain businesses and to provide a regulatory sandbox for blockchain-based fintech products
Dutch Ministers Call for Cryptocurrency, Cash Use Regulations
1.7.2019
Dutch ministers have proposed that the government regulate crypto and large cash transactions, citing concerns over money laundering
Side Effects of Economic Growth: Is Snowden Right to Say Bitcoiners Shouldn’t Be Bankers?
1.7.2019
Growth is a goal that’s worth achieving, in most cases, and the current economic paradigm favors it. But when central banks start undermining their fiat economies and crypto companies begin to mimic financial institutions in its name, growth becomes an end in itself with self-destructive...
South Korea’s Second Biggest City Wants to Create a Local Cryptocurrency
1.7.2019
Busan, South Korea’s second most-populous city after Seoul, is considering the launch of a local stablecoin
From 'Ponzi' To 'We're Working On It’ - BIS Chief Reverses Stance On Crypto
1.7.2019
The BIS is in the process of helping banks launch digital currencies, contradicting previous statements
BIS Chief: Central Banks May Issue Digital Currencies ‘Sooner Than We Think’
1.7.2019
The chief of the Bank for International Settlements has acknowledged that central banks will likely soon need to issue their own digital currencies
Top-10 Industries Being Transformed by Blockchain
30.6.2019
The advent of distributed ledger technology has comprised the catalyst for a new wave of creative destruction. Here are the top-10 industries that are affected the most