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Dutch Central Bank to Crypto Firms: Register in 2 Weeks or Shut Down
5.5.2020
Dutch crypto companies must register with the Netherlands’ central bank by May 18 or cease operations immediately as the country enforces new anti-money laundering regulations required by the European Union
Lebanese Currency Collapse: Failed Policies Led to Economic Meltdown
4.5.2020
Lebanon is facing an unprecedented economic crisis and the local currency has already lost about 60% of its value. The central bank’s policies have come under fire while citizens are protesting how the government handles the economic meltdown which led to people’s living situation...
Indian Crypto Exchanges Seek Tax Clarity From Central Bank
4.5.2020
India’s crypto exchanges are demanding that the country’s central bank provide clear guidelines regarding taxation
ECB in Full-On Emergency Mode as ‘Unprecedented Decline’ Hits Eurozone
2.5.2020
The euro area is facing an “unprecedented” economic decline, the worst since records began. European Central Bank (ECB) President Christine Lagarde paints a picture of a central bank in full-on emergency mode after the bank kept its interest rates unchanged. Unprecedented Economic...
Digital Dollars Give the State Too Much Control Over Money
2.5.2020
Arming the Federal Reserve with a digital dollar would harm the free market, says Max Raskin, an NYU adjunct professor of law
No Global Central Bank Is Working on Retail Digital Currency Use, Says R3
1.5.2020
R3 claims that no central bank is currently pursuing the development of a retail CBDC
Central Bank Digital Currencies: Changing the Architecture of Money
1.5.2020
Central bank digital currencies are in the process of transforming the way money works for everyone — from the largest financial institutions to consumers
1 Cent per Kilowatt-Hour: China’s Sichuan Province Encourages Hydro-Powered Bitcoin Mining
29.4.2020
The local government of Ya’an city, in China’s Sichuan province, has announced the region is encouraging bitcoin mining in Sichuan if operations leverage the local hydropower plants. The document released by Ya’an city officials is in stark contrast to how Sichuan lawmakers felt...
European Central Bank: Digital Euro Should Not Discourage Private Initiatives
28.4.2020
The European Central Bank believes that the digital euro is just one of many solutions to nationalize its payment systems
Crypto Answers to the Global Crisis: Bitcoin's Do-or-Die Moment
28.4.2020
The COVID-19 pandemic has resulted in global financial and economic crisis, and this is the best chance for crypto to prove its benefits
Alibaba-Backed AI Startup SenseTime to Help China Handle Digital Yuan
28.4.2020
Alibaba-backed AI startup SenseTime partners with China’s central bank to collaborate on the digital yuan amid reported trials
BIS Innovation Hub Head: COVID-19 Has Exposed The Value of DLT
25.4.2020
The BIS is exploring digital currencies and tokenization amid the coronavirus pandemic
Boon for Bitcoin, Donald Trump as Ex-Fed Official Pushes to Tax Savers
25.4.2020
After U.S. oil turned negative, the Fed’s interest rates may be next in line, warns one of its ex-presidents
Digital Yuan to Fuel China’s Economic Reign – McDonald’s, Starbucks, Subway Test PBoC’s Cryptocurrency
24.4.2020
China’s economy is the second-largest in the world and economists believe the country may someday bring a new global order and end the Western hemisphere’s financial rule. In 2020, various reports show that China’s central bank will soon release a cryptocurrency that represents...
Liquidity Crisis: The Fed Is Sending Billions of Emergency Dollars to USD-Dependent Nations
24.4.2020
Since the start of the coronavirus outbreak, the U.S. Federal Reserve has created trillions of dollars in order to keep the central bank’s private partners’ liquidity strong during the economic downturn. These moves have caused a number of sound money advocates and economists to explain...
Starbucks and McDonald's Rumored to Be Testing China's Digital Currency
23.4.2020
Starbucks and McDonald’s shops in Xiong’an will reportedly support payments with China’s digital yuan
Argentina's Banks Set to Use RSK Blockchain Technology for Tracking Payments
22.4.2020
RSK enters the enterprise blockchain field by collaborating with major Argentinian banks
Central Bank Says CBDC Could Learn From Bitcoin, Rejects Decentralization
22.4.2020
The move from fiat currencies to new central bank digital currencies appears to be gaining traction, as one of Europe’s biggest central banks admitted that (unspecified) parts of Bitcoin’s underlying technology could be used in creating a new type of currency.
The paper, which was written by...
Dutch Central Bank ‘Ready to Play a Leading Role’ with Digital Euro
22.4.2020
A De Nederlandsche Bank report says a central bank digital currency would solve issues such as the decline in the use of cash during the pandemic
Consensys Cuts Hundreds of Jobs This Year – About 25% of Its Staff Slashed
22.4.2020
Ethereum-based company Consensys has cut hundreds of jobs since January. In its latest action, the US-based blockchain development team confirmed it will slash more than 90 jobs – or 14% of its workforce – citing the global impact of Covid-19. The decision comes after a virtual town...