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Zimbabwe Bans Popular Mobile Money Services From Paying out Fiat Cash


Zimbabwe is once again showing the need to take away from politicians the power to control normal people’s money. The government there is now trying to cope with the results of mismanaging the economy by preventing citizens from using their fiat currency as they see fit. Also Read: Bittrex...

Lawmakers to Fed: 'The Nature of Money is Changing" + More Crypto News


Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Adoption news Two American congressmen have suggested that the United States should create a “digital dollar.” Republican...

German Bank Predicts BTC at $90,000 After Next Halving


You wouldn’t expect a traditional financial institution to come up with a very optimistic forecast about the future of a cryptocurrency or an honest appraisal of its design. But Bayern LB, a lender based in the rich German province of Bavaria, has surprised the crypto community. In a recently...

These Debit Cards Will Help You Spend Your BCH Anywhere


Cryptocurrencies like bitcoin cash are ideally suited to payments. While their popularity increases with growing awareness of the benefits of peer-to-peer electronic cash, mass adoption remains a long-term goal. In the meantime, some fintech products are helping to improve dramatically...

No Victim, No Crime: How the Darknet Drug War Is Ruining Young Lives


There aren’t many areas of modern society unaffected by the draconian war on drugs, and non-violent crypto exchange is no exception. Two San Diego men in their twenties reportedly pleaded guilty on Monday to charges of money laundering conspiracy, for selling cannabis on the darknet...

New Evidence Escalates Panic as RBI Still Limits Bank Withdrawals


Customers of a cooperative bank with 137 branches across India still do not know the fate of their money, which was restricted by the central bank. Evidence of alleged bank fraud has since surfaced, but the RBI still insists that India’s banking system is safe, despite many citizens being...

SEC Imposes Multimillion Dollar Fine for Unregistered EOS Token Sale


The United States securities regulator has announced hefty fines for two crypto companies. The penalties have been imposed for EOS’ unregistered token sale and a fraudulent public offering. The Securities and Exchange Commission (SEC) intends to use some of the collected money to indemnify...

Video Shows $10M Chinese Bitcoin Mining Farm in Flames


During the early morning hours of September 30, a nine-minute video circulated on Twitter showing a large bitcoin mining farm burning down. Sources say the mining farm belonged to the company Innosilicon and roughly $10 million worth of mining rigs were destroyed. Also Read: Central Banks in Panic...

Bankers Start to Recognize Bitcoin’s Role in Financial Evolution


Digitization, disruption, blockchain, and frictionless payments. It’s amazing how prominent figures from the financial elite can provide a pretty detailed description of decentralized money without uttering “bitcoin” or “crypto.” But the fact of the matter is that...

Traders Bemoan New Localbitcoins Identity Requirements


Recent data shows that countries with corrupt governments have a strong correlation with Localbitcoins trade volumes. However, even though the over-the-counter (OTC) marketplace Localbitcoins has grown massive over the years, traders are complaining about heightened know-your-customer/anti-money...

Without Disobedience, Bitcoin Is No Better Than Gold


With the launch of Bakkt’s bitcoin futures market and Binance’s revamped U.S. exchange, there’s been a lot of talk in the space about institutionalization and traditional money flowing into crypto. It’s almost as if some believe that Bitcoin can’t scale as a purely...

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