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Binance Adds Nigerian Naira Fiat Trading Pair, Opens Deposits
25.10.2019
Binance adds support for the Nigerian Naira
Mario Draghi Leaves European Central Bank Without Ever Raising Interest Rates
24.10.2019
Preparing for a change at the top, the European Central Bank has decided to keep interest rates on hold and at their all-time lows. Mario Draghi, who had his last monetary policy meeting as president of the ECB, is leaving after an eight-year term during which key rates were never raised. At...
How Fiat Money Fails: Deconstructing the Government’s Paper-Thin Promise
23.10.2019
Fiat money has a surprisingly short lifespan. The almighty U.S. dollar currently serving as world reserve currency is not exempted, in spite of all proclamation that it cannot fail. Throughout history, fiat money has failed over and over again, where sound assets like gold have survived. Ruling...
None of 20 Facebook’s Libra Partners Yet Committed Any Money: BBC
23.10.2019
None of the 21 Libra Association’ founding members, except Facebook, have yet committed any money to support Libra, BBC reports
Bank Crisis Spreads in India – Deaths, Strike, Supreme Court Denial
23.10.2019
The Indian banking sector is facing multiple challenges. Customers of several cooperative banks are still struggling to withdraw their money, and deaths have been reported in connection with withdrawal restrictions. Meanwhile, some 300,000 state-run bank employees are on strike against what...
Germany Warns of Privacy Token Usage in Money Laundering and Terrorism
22.10.2019
German Finance Ministry urges oversight over the development of privacy tokens to prevent illicit usage
Credit Suisse Is Latest Bank to Charge Clients for Cash Deposits
22.10.2019
In a normal world savers are expected to receive compensation for giving their money to the bank. Instead, due to negative interest rates, we are now seeing more financial institutions actually charging their clients for fiat cash deposits, with Credit Suisse the latest big bank to join in on this...
Rep. Warren Davidson: You Have to Defend Money to Defend Freedom
22.10.2019
U.S. Rep. Warren Davidson speaks with Cointelegraph on Libra and securities law ahead of Zuckerberg hearings scheduled for Wednesday
Silk Road Prosecutor: 99.9% of Fiat Money Laundering Goes Unprosecuted
22.10.2019
“The financial services industry is spending $20 billion a year on AML and KYC. So I would ask you: is it even working? I don’t think it’s working”
Bad for Business: How KYC/AML Makes Everyone a ‘Terrorist’
22.10.2019
Two reports from risk solutions group Lexisnexis assert that anti-money laundering (AML) and know your customer (KYC) policies can negatively affect a business’s bottom line and customer service significantly. A recent trip to the local post office for a money order certainly had a negative...
Anti-Money Laundering Laws Apply to Crypto Too, Says FinCEN Chief
22.10.2019
The director of FinCEN says that Anti-Money Laundering laws apply to everyone, including firms offering anonymous cryptocurrency services
Binance Is Launching Fiat Trading Starting with Russian Ruble
21.10.2019
Binance CEO announced that users will be able to buy crypto on the exchange directly using the Russian ruble
The Fed Just Printed More Money Than Bitcoin’s Entire Market Cap
21.10.2019
Bitcoin proponents watch as Fed money printing gathers pace
McAfee Envisions DEX in a World Where Crypto Won’t Be Traded for Fiat
21.10.2019
In a recent video posted to Twitter. John McAfee states: “Imagine a world…where fiat currency is diminishing in importance.” Instead of pointing to the adoption of crypto by big money interests, the rogue politician and radical bitcoin proponent talks of a complete flip, where...
Traditional Law and Finance Can Adapt to Bitcoin, These Examples Show
20.10.2019
Bitcoin brought about solutions to persistent problems that stood in the way of previous attempts to invent digital money, such as the risk of double spending. Some of its features, however, like the characteristic irreversibility of blockchain transactions, have created certain challenges for...
Strange Confusions, Big Money and 20 Crypto Jokes
19.10.2019
It was another week of ups and down in the Cryptoworld. While analysts advise us to keep our eyes on the price formation on large Asian exchanges, XRP jumped the highest among the top 10 on Monday, BAT jumped after Brave's major news, six coins in the top 50 went up by two digits, BNB jumped...
FATF Joins BIS In Calling Stablecoins ‘Global Risk,’ Citing Money Laundering Concerns
18.10.2019
Stablecoins pose a money laundering and terrorist financing risk to the world, the FATF said Friday
Huobi Lira Onramp to Enable Crypto Trading for Turkish Users
18.10.2019
Huobi Global will launch fiat gateway for the Turkish lira in late 2019, the firm officially announced at the Eurasia Blockchain Summit
FATF Raises Money Laundering Concerns Over Libra and Stablecoins
18.10.2019
FATF joins other authorities voicing concerns about Facebook’s Libra
Bitcoin Is Already at 40% of Average Fiat Currency Lifespan — 10 Years
18.10.2019
Bitcoin will outlast most fiat if it survives till 2036