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Printing Money from Thin Air – How the Fed Reduces Purchasing Power and Makes You Poorer
26.3.2020
Unless you have your head in the sand, you’ve probably realized that governments and central banks can print money out of thin air and in unlimited amounts. The United States and the Federal Reserve have been creating money from nothing for years because they had exhausted all their monetary...
Stakeholders Join Former CFTC Royalty on New Board Promoting a Digital Dollar
26.3.2020
Digital Dollar Project adds 22 experts to new advisory board to join former CFTC leaders in promoting the dollar’s digitization
‘What Bitcoin Did’ – Scanning the Hottest Cryptocurrency Keywords and Google Searches
26.3.2020
For years now the term “bitcoin” has managed to capture a tight relationship with specific trends and keywords online. News.Bitcoin.com decided to investigate the specific keywords, questions, comparisons, and prepositions that are often associated with the digital currency when people...
Hyperinflation and Zimbabwe’s Multi-Currency Reality: Bitcoin in Africa Podcast, Part 2
26.3.2020
After three weeks of listening, recording and talking bitcoin (BTC) in Africa, podcaster Anita Posch is back in part 2 of her six-part documentary podcast series. Presented in audio and full written transcript formats
China Is Drafting Laws for the Circulation of National Digital Currency
26.3.2020
Amid the coronavirus pandemic, China’s central bank has reportedly completed the basic development of the nation’s central bank digital currency. The central bank is now drafting legislation for its circulation, according to local media. A number of patents have revealed what...
How to Quickly Cash Out From Crypto to Fiat
26.3.2020
There are many reasons why you might seek to liquidate your digital assets into fiat currency, be it to pay a bill, buy a meal, or cover an emergency. When needs must, speed is of the essence; no one has time to wait three days for a bank wire to clear. For those occasions when […]
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Tone Vays Says Proposed Digital USD is Nothing New
25.3.2020
Tone Vays argues the new U.S. digital dollar proposal is nothing new in the tech category
VR World Somnium Space Sells 110 ETH of Virtual Land
25.3.2020
Kicking off a 10-week offering, VR platform Somnium Space sold 25 plots of digital land last week, garning 110 ETH total
China May Ramp up Digital Currency Progress to ‘Fend off Risk’ from US
25.3.2020
The coronavirus pandemic has disrupted China’s economy, but not its digital currency plans. And amid reports that the country is nearing a major breakthrough in its plans to launch a digital fiat, one of the project’s key figures is urging caution lest American rivals steal a march on the Middle...
IBMR to Provide $3.48 Million in Funding for ARCC Currency Reserve
25.3.2020
The funding into the currency reserve comes together with the ARCC token listing on BiKi Exchange
Cryptocurrency Regulations Advance Despite Global Crisis, Cash Shortages, Bank Closures
25.3.2020
In this roundup, we cover crypto regulatory developments amid the global crisis effected by the coronavirus outbreak, bank closures, interest rate cuts, and plunging stock markets. Through it all, governments worldwide are still focusing on cryptocurrency regulation, including the U.S., South...
Shelter-in-Place for Cash? 2 Bills Submitted by US Congress Mention ‘Digital Dollars’
24.3.2020
During the last few days, members of the U.S. Congress have been trying to pen a stimulus plan to help the American economy. Since then, a few bills have been submitted by representatives and two particular proposals House democrats have tabled talk about a “digital dollar”...
Minting Basic Income – US Lawmaker Asks Treasury to Issue Two $1 Trillion Coins With No Debt
22.3.2020
The U.S. is now facing the onslaught from the coronavirus outbreak. During the last two weeks, bureaucrats have shut down multiple industries while the Federal Reserve has injected trillions into the hands of private banks. Bipartisan members of Congress have been penning a 2020 stimulus plan,...
IMF Weighs the Pros and Cons of a Central Bank Digital Currency
22.3.2020
Tao Zhang, an IMF leader, details the pros and cons of a central bank digital currency, as well as a hybrid solution
Gaming Token SENSO Lists on KuCoin
21.3.2020
Sensorium Corporation has partnered with KuCoin cryptocurrency exchange and launched an in-game currency for Sensorium Galaxy. This move is set to drive cryptocurrency usage given that Sensorium Galaxy users are projected to reach into the millions.
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Onchain Data Suggests Bitcoin Sell-Off Fueled by New Investors
20.3.2020
While the covid-19 outbreak has caused economic calamity, cryptocurrencies have regained some of the losses that devastated digital currency markets on March 12. A recent report published by the researchers at Coin Metrics notes the “crypto asset sell-off was driven by short-term...
3 Debit Cards Nigerians Can Use to Spend Cryptocurrencies in Stores and Online
20.3.2020
Options to acquire cryptocurrencies in Nigeria have been growing in number, along with increasing interest in bitcoin. Nigerians are also starting to see more opportunities to spend their coins in brick and mortar stores and at online merchants. Three crypto debit cards are now available to...
Key Government Figure Says Japan Needs a Digital Yen — and Fast
20.3.2020
According to a key figure in the Japanese Government, the Asian nation should quickly launch its own digital currency
Maduro Orders Venezuelan Bank Closures Amid Coronavirus Scare
19.3.2020
In order to combat the coronavirus outbreak in Venezuela, President Nicolás Maduro has ordered the entire country to quarantine themselves. With an inflation rate that rises more than 10,000% per year, the country’s citizens have already been dealing with economic turmoil. Maduro...
Tax Expert: IRS Crypto Question ‘Unconstitutional,’ Card Points, Flyer Miles Could Be Virtual Currency
19.3.2020
While its well-known that the revised Schedule 1 form for U.S. taxpayers now contains a question about cryptocurrencies, what is lesser discussed are the legal ramifications this may have for filers who answer incorrectly. The vague nature of the yes or no inquiry has one tax expert doubting...