Search
Snowden Puzzled by Bitcoin’s Lack of Scaling and Privacy, Says Devs ‘Had Years to Do It’
25.12.2020
Just recently, the film producer and well known Youtuber, Naomi Brockwell, sat down with Edward Snowden and the two discussed a number of subjects including privacy and bitcoin. When Snowden talked about bitcoin, he delved into the protocol’s lack of progressive scaling and privacy....
Russia’s central bank digital currency: Prospects and problems
20.12.2020
The digital ruble will, most likely, take the place of other forms of money, but the intrigue is which ones: non-cash or cash?
Bitcoin adoption in Nigeria soars as central bank blocks remittances in Naira
18.12.2020
The Central Bank of Nigeria’s “Naira defense” policy is pushing more Nigerians towards Bitcoin and crypto adoption
QE Infinity: US Fed to Keep Rates at Zero, Billion-Dollar Bond Purchases Until Economy Recovers
18.12.2020
This week the U.S. Federal Reserve met for two days at the Federal Open Market Committee meeting and detailed that it would keep short-term borrowing rates at near zero. Meanwhile, the Fed also stated that it would continue buying bonds until the U.S. economy returns to full employment....
IMF Cautions Central Banks May Have to Rethink What Constitutes Reserves
18.12.2020
The IMF warns that central banks may have to rethink what constitutes their reserve currency holdings. In a recent study, the global lender points to the changing geopolitical landscape, technological advances and the impact of the Covid-19 pandemic as events likely to influence the composition...
New Law in Germany Embraces All-Electronic and Blockchain Crypto Securities
17.12.2020
The German government has passed new legislation to introduce all-electronic securities as part of the country’s wider blockchain strategy. According to the country’s finance ministry, the new law relaxes rules forcing issuers and holders of securities to document transactions with...
Sberbank Urges Central Bank to Reconsider Digital Ruble Issuance Plans
16.12.2020
The state-controlled commercial bank Sberbank has expressed fears that the Russian Central Bank’s “digital ruble” plans will have a negative effect on liquidity in the nation.
The Central Bank has accelerated its plans to roll out a central bank digital currency (CBDC) with a pilot slated for next...
The Great Reset Agenda: ‘Bitcoin Is a Decentralized and Rational Strategy to Opt-Out’
15.12.2020
Every single day the conversation about the Great Reset continues to amplify. More recently, mainstream media publications have been publishing rebuttals in response to the many skeptics of this agenda who believe the reboot propaganda is meant to install a new world order. The American broadcaster...
Sweden is studying a potential transition to the e-krona CBDC
11.12.2020
Sweden is examining risks and consequences of moving its economy to its e-krona digital currency
Bitcoin Is Going Through the Roof in Argentina While the Government Imposes New Taxes
11.12.2020
Argentina’s Senate approved an extraordinary one-time wealth tax to fight the coronavirus pandemic by seeking to boost government revenue and targeting millionaires with assets of more than 200 million pesos ($2.5 million). At the same time, the country still faces a 35% inflation....
First Mover: Bitcoin Stuck as ECB’s Lagarde Primes Extra €500B Stimulus
10.12.2020
The ECB's decision to expand an emergency bond-buying program by €500B may represent latest installment of years-long balance-sheet increase
ECB Boosts Emergency Bond-Buying Program By 37% to €1.85T Amid Pandemic Resurgence
10.12.2020
The ECB says the additional monetary policy actions were needed because of a resurgence in coronavirus cases
As Citizens Suffer Central Banks Flush Trading Houses With Trillions, Ease Corporate Strains
10.12.2020
Central banks across the world have been increasing stimulus and letting inflation run high in order to combat the disastrous economic effects of the coronavirus outbreak response. The Bank of Japan has recently become the country’s largest stockholder and the European Central Bank...
G7 Central Bankers Stress the Need to Regulate Cryptocurrencies at Latest Meeting
8.12.2020
The G7 finance ministers and central bank governors discussed the need to regulate cryptocurrencies during their latest meeting. German Finance Minister Olaf Scholz raised concerns about Facebook’s upcoming cryptocurrency. G7 Sees the Need to Regulate Crypto U.S. Treasury Secretary Steven...
Snowden Recalls His Bitcoin Comment Made During the Coronavirus-Driven Meltdown in Crypto Market
7.12.2020
The famous American whistleblower, Edward Snowden, took to his Twitter account once again to talk about bitcoin. This time around, he confirmed on December 7, his call on the bottom that the crypto reached on March 12, 2020. Snowden Remembers His Call on Bitcoin’s Bottom in March 2020 Edward...
Digital ruble will undercut bank profits but help businesses: Bank of Russia
7.12.2020
Russia's central bank wants the digital ruble to help businesses by cutting out financial middlemen
Nigeria’s Yellow Card Processes $165 Million in Crypto Remittances So Far This Year
7.12.2020
Nigerian crypto startup Yellow Card says it processed over $165 million in volume during the first eleven months of this year. The figure represents a growth of more than 1,840% over the amount of remittances processed in the last six months of 2019. Launched in June 2019, Yellow Card enables...
New US stimulus, Brexit and $20K: 5 things to watch in Bitcoin this week
7.12.2020
A mountain of fresh U.S. debt contrasts with a mountain of institutional cash potentially set to flow into Bitcoin thanks to major FOMO
China Airdrops Digital Yuan Worth $3 Million — 10,000 Stores Will Accept It
6.12.2020
Twenty million yuan ($3 million) in China’s central bank digital currency will be given away to 100,000 people in the country’s largest test of the digital yuan to date. The digital currency will be accepted at 100,000 stores, including JD.com, one of China’s largest online...
Testnet of Facebook’s Much Vaunted Stablecoin Only Executes 6 Transactions per Second
5.12.2020
The Facebook fronted stablecoin, Diem (formerly Libra)’s dismal testnet results undercut the assertion that the digital currency is a threat to global financial stability. This is the conclusion that can be deduced from a Diem blockchain explorer update which shows the network only processes...