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Libra Scales Back Global Currency Ambitions in Concession to Regulators
16.4.2020
The Facebook-spawned Libra Association has scaled back its original vision of a global digital currency backed by a basket of fiat currencies
G20 Considers 10 Rules for Regulation of Stablecoins Like Facebook Libra
15.4.2020
The G20 is setting rules to regulate stablecoins such as Facebook’s Libra cryptocurrency. Responding to a call by the G20, the Financial Stability Board (FSB) has provided 10 “high-level” recommendations that establish a regulatory framework for stablecoins. Also read:...
This Altcoin Has Thrived Amid Global Lockdown, Seeing 102% Growth in 28 Days
14.4.2020
Komodo (KMD) climbed to 102% growth over the past thirty days, marking a swift turnaround for a coin which lost 75% of its value from February into March
Inside China’s Plan to Power Global Blockchain Adoption
14.4.2020
China is about to launch its national blockchain platform, part of Beijing’s grand strategy to lead the digital transformation of the world economy
Blockchain Bites: The Global Lockdown, Privacy Preserving Cryptography and Bitmain’s Cash Rebates
14.4.2020
Crypto may protect privacy as governments turn to contact tracing apps, while hackers are selling your Zoom account information for pennies on the dollar
Market Outlook: Bitcoin’s Inverse Head and Shoulders, Covid-19 Fears Decline, CME Futures Gaps
14.4.2020
Digital currency markets have had a few lackluster days, as the entire crypto market valuation has dropped below the $200 billion mark on Monday. The following day on April 14, a number of cryptocurrencies have seen some slight gains between 2-9%. Meanwhile, global markets are reacting positively...
‘The Great Lockdown’: IMF Confirms Global Recession
14.4.2020
IMF: “The Great Lockdown is the worst economic downturn since the Great Depression, and far worse than the Global Financial Crisis [of 2008].”
Bitcoin to Face Stronger Global Recession Than In 2009, IMF Forecast Shows
14.4.2020
The global economy is estimated to drop by 3% this year, before rebounding by 5.8% in 2021, the International Monetary Fund (IMF) said today, stressing that "this crisis is like no other."
In the past 60 years, the global economy decreased only once. In 2009 it slipped by 1.73%.
This...
KardiaChain Enters Into Partnership With Indonesian Crypto Project Tokoin Global
14.4.2020
Hybrid blockchain infrastructure solutions provider KardiaChain announced on Monday that it has entered in a partnership with Indonesia’s premier crypto project Tokoin Global. In the announcement on Twitter, it stated that they would have a mutual AMA in Tokoin Global Telegram chat on April...
'Same Activity, Same Regulation' For 'Global Stablecoins' - FSB Chair
14.4.2020
Cross-border payment inefficiencies will be a problem for the post-pandemic economic recovery of certain regions, says Randal K. Quarles, the Chair of the Financial Stability Board (FSB) in a letter to the G20. But when it comes to a possible solution - "global stablecoins" - oversight...
Binance Continues Global Push With Launch of P2P Trades for Rupee and Rupiah
14.4.2020
Indian and Indonesian consumers and businesses are now able to trade P2P on Binance
ECB Expects Worse Recession in Europe Than Global Economy
14.4.2020
The European Central Bank (ECB) expects the European economy to suffer a more severe recession than the global economy. Countries across the euro area will experience “a deep recession,” which entails unprecedented funding needs of more than €1 trillion ($1.1 trillion), explained...
80 Banks Charge Negative Interest Rates as Crisis Deepens in Germany
12.4.2020
Amid the coronavirus pandemic and deepening financial crisis, the number of banks charging customers negative interest rates in Germany has accelerated. At least 80 banks now reportedly charge negative interest rates, 16 of which apply this policy to even small deposits. Also read: IMF Declares...
Bitcoin Volume and Returns Remain Stable Amid Global Economic Uncertainty
11.4.2020
Bitcoin volume has the highest growth on Mondays across long-term horizons, while a similar effect is seen with returns
JPMorgan, Bank of America, Deutsche Bank Predict Major Recession
11.4.2020
Big banks are predicting a major recession, the deepest one in the post-war era. JPMorgan Chase CEO Jamie Dimon said his bank cannot be immune to the resulting financial stress while Bank of America expects the U.S. economy to “collapse” and Deutsche Bank has forecasted a severe global...
Money Reimagined: As Tech, Politics and COVID-19 Collide, a Global Reset Looms
10.4.2020
How technology, geopolitics and the coronavirus crisis are transforming how we share and store value
Crypto Companies See Uptick in Volume Amid Global Uncertainty
9.4.2020
Although the economic machine is largely halted, some crypto companies have seen volume rise in recent weeks
First Ontology Global Community Contributor – The Venezuela Blockchain
9.4.2020
The Ontology Global Community Contributor Program was introduced to the community earlier in the month of February this year. This program aims to build a better ecosystem. Ontology is happy to announce its first Ontology Global Community Contributor Node: Venezuela Blockchain. This organization...
Tether, ICOs, Craig Wright – Attorney Divulges New Details on Billion Dollar Crypto Lawsuits
9.4.2020
On April 3, the law firms Roche Cyrulnik Freedman and Selendy & Gay filed 11 class-action lawsuits against multiple digital currency exchanges and the issuers of certain initial coin offering (ICO) tokens. Entities like Block.one, Tron, Bancor, Status and numerous company executives...
Novogratz: We Have Money-Printing Orgy Going on, Amazing Environment to Buy Bitcoin
8.4.2020
Galaxy Digital chairman Michael Novogratz said that bitcoin is his pick under the current financial situation, describing it as an “amazing environment” to buy bitcoin. With “global money printing orgy,” a possible another trillion-dollar stimulus package, and “money...