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Three Bank Failures Open New Chapter in Never-Ending Financial Crisis
5.7.2019
The collapse of three banks on three different continents indicates a new global crisis is brewing. But it may also show that the last one never really ended and the tools used to manage the global economy simply don’t work. Also read: Side Effects of Economic Growth: Is Snowden Right to...
Bank of Japan: Adopting Central Bank Crypto Would Mean Dropping Cash
5.7.2019
A Bank of Japan official has ruled out the launch of a central bank digital currency because to do so would require the country to abandon cash
Bank of Japan: Cash Prevents Digital Currencies With Negative Interest
5.7.2019
Bank of Japan says digital currencies can’t be issued by banks hoping to push through a negative interest rate agenda
Economist Joseph Stiglitz: Only a Fool Would Trust Facebook’s Libra
3.7.2019
“Every currency is based on trust, but only a fool would trust Facebook’s Libra” noted Nobel laureate in economics Joseph Stiglitz
Christine Lagarde Nominated As Next President Of European Central Bank
3.7.2019
The European Central Bank and the International Monetary Fund are perhaps two of the most important institutions in the world, and hence, it does not come as a surprise that the former has tapped the latter’s chief for the top job. In a new development, it has emerged that the ECB has nominated...
Russia’s Largest Bank Is Quitting Central Bank’s Blockchain Project
2.7.2019
Enterprise blockchain project Masterchain is falling short of expectations – and Russia's largest bank is quitting in frustration
Side Effects of Economic Growth: Is Snowden Right to Say Bitcoiners Shouldn’t Be Bankers?
1.7.2019
Growth is a goal that’s worth achieving, in most cases, and the current economic paradigm favors it. But when central banks start undermining their fiat economies and crypto companies begin to mimic financial institutions in its name, growth becomes an end in itself with self-destructive...
From 'Ponzi' To 'We're Working On It’ - BIS Chief Reverses Stance On Crypto
1.7.2019
The BIS is in the process of helping banks launch digital currencies, contradicting previous statements
BIS Chief: Central Banks May Issue Digital Currencies ‘Sooner Than We Think’
1.7.2019
The chief of the Bank for International Settlements has acknowledged that central banks will likely soon need to issue their own digital currencies
Central Banks To Issue Their Own Digital Currencies, Predicts IMF
29.6.2019
For many years, cryptocurrencies and digital currencies belonged in the fringes of the financial system. However, that has now changed. Considering the way in which Bitcoin went mainstream, and millions of people started investing in it, it is not really a surprise. When so many people invest in...
IMF Predicts Central Banks to Issue Digital Currencies
29.6.2019
The IMF says central banks are interested in digital currencies, and several countries may join Uruguay in testing out CBDCs soon
Iranian Authorities Shut Down Two Crypto Mining Farms Amid Power Spike
28.6.2019
Authorities in Iran have reportedly seized roughly 1,000 bitcoin mining machines from abandoned factories
Central Bank of Uganda Warns Decentralized Cryptocurrencies Are Risky
28.6.2019
The deputy governor of the Bank of Uganda has warned the public about the limited protections offered them when they invest in unregulated cryptocurrencies
Singapore’s Central Bank Wants More Information on Facebook’s Libra Crypto
27.6.2019
The Monetary Authority of Singapore reportedly has concerns over Facebook's recently unveiled cryptocurrency project, Libra
Singapore Central Bank: Concerns Over Facebook’s Libra ‘Not Trivial’
27.6.2019
Singapore’s central bank held discussions with Facebook about its upcoming libra cryptocurrency
Swiss Stock Exchange Asks Central Bank to Issue Stablecoin
26.6.2019
SIX Group, Switzerland’s principal stock exchange, asked the Swiss central bank to issue a stablecoin
Ex-Trump Economist Joins ‘Crypto Central Bank’ After Failed Fed Bid
25.6.2019
Decentral aims to perform similar monetary functions for cryptocurrencies as the Federal Reserve does for the U.S. economy
French Central Bank: Facebook’s Libra May Need Banking License
25.6.2019
Facebook’s Libra must comply with anti-money laundering regulation and needs banking licenses, according to the Bank of France Governor
Philippine Central Bank And CEZA Approves 48 Cryptocurrency Exchanges
25.6.2019
The number of permitted digital currency exchanges are increasing in the Philippines. Now they are competing with Japan in supporting the digital currency exchanges. Recently the central bank of the country, BSP has approved 11 new cryptocurrency exchanges, in addition to 37 exchanges approved...
‘Hope it Makes Me Rich’ — Ex-Trump Advisor Joins Crypto ‘Central Bank’
25.6.2019
Ex-Trump advisor and conservative economist Stephen Moore has joined a stablecoin project that aspires to function as a new type of central bank