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Is the Previous Bull Market Different from the Current one?
8.10.2019
The digital currency market stayed bearish for all of 2018, yet with the way Bitcoin is moving upwards and setting a new record in 2019, it is safe to state that the crypto-winter is behind us presently. In the previous years, we have seen a repetitive example rising in the digital currency space....
Politicians Can Use Cryptocurrency Donations to Fund Election Campaigns in Japan
7.10.2019
Cryptocurrencies have to keep outside of the purview of Japan’s stringent election funding law, which states that donations to individual candidates in yen or through stocks, bonds, etc. have to be reported either by the donor or the candidate receiving it. Japan’s Ministry of Internal...
Indian Supreme Court Sets Date to Hear Crypto Case Next Week
7.10.2019
The Supreme Court of India has confirmed a new date to hear the crypto case after multiple delays. During the last hearing, the court directed the Reserve Bank of India (RBI) to reply to crypto exchanges’ representation within two weeks, which the central bank has done. Also read:...
‘Very, Very Skeptical:’ German Finance Minister Opposes Facebook’s Libra
7.10.2019
More battles for Libra as German minister rejects its launch
Crypto Outpaces Political Donation Laws in Japan
7.10.2019
A major Japanese news publication has reported that crypto donations to individual politicians are legal and do not need to be reported publicly as donations. Japan’s Ministry of Internal Affairs and Communications verified that even though it is illegal to donate cash or securities directly...
Sharia Goldbugs: How ISIS Created A Currency For World Domination
6.10.2019
By trading oil using its own currency, ISIS planned to destabilize the US economy by forcibly decoupling the dollar from the oil business
Bank Raided, Arrests Made but RBI Still Restricts Withdrawals
6.10.2019
The crisis has elevated at the cooperative bank recently placed under regulatory restrictions by India’s central bank. Multiple branches have been raided and several arrests were made. However, the RBI continues to impose a withdrawal limit, preventing bank customers from accessing their...
Turkish Government Freezes Over 3 Million Bank Accounts
5.10.2019
Hundreds of thousands of businesses and individuals with tax obligations to the Turkish state have received foreclosure notices this week informing them about their frozen bank accounts. The government of Turkey, which is struggling with financial and economic problems under geopolitical pressure...
Cosimo Ventures Invests $5 million in Oneiro
4.10.2019
The Boston based blockchain solution Company, Oneiro has announced in a press release on 3rd October, that it had secured an investment worth $5 million from Cosimo Ventures. Cosimo Ventures is an investment firm associated with cryptocurrencies, the Internet of Things (IoT), and blockchain-like...
7 Crypto ETPs Now Trading on Main Swiss Stock Exchange
4.10.2019
Switzerland’s principal stock exchange now has seven cryptocurrency exchange-traded products (ETPs) listed. They allow investors to either gain exposure to individual cryptocurrencies or invest in portfolios of top cryptocurrencies. Four ETPs track the prices of single cryptocurrencies. Also...
Apple Will Not Create Its Own Digital Currency Like Facebook, Says CEO
4.10.2019
Businesses shouldn’t meddle in money creation, says Apple CEO
PayPal May Ditch Facebook’s Libra Over ‘Regulatory Scrutiny’: Report
4.10.2019
PayPal no show at Facebook’s Libra meeting sparks cold feet rumors
RBI Ban Stops Indian Police From Cashing Out Seized Crypto
4.10.2019
The effects of banking restrictions by the Reserve Bank of India (RBI) have reached an Indian police department. The police sold some cryptocurrencies they seized only to find out that they cannot access the Rs 8.42 crore (~$1.2 million) proceeds due to the current RBI banking ban. Also read:...
Fed Official Says Digital Central Bank Currency Is ‘Inevitable’
3.10.2019
Philadelphia Federal Reserve bank president Patrick Harker said it is “inevitable” for the central banks to start issuing digital currency
Zimbabwe Bans Popular Mobile Money Services From Paying out Fiat Cash
3.10.2019
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...
Central Bank Digital Currency Is ‘Inevitable,’ says the Fed’s Patrick Harker
3.10.2019
Central bank digital currencies are “inevitable,” says Patrick Harker, president of the Federal Reserve Bank of Philadelphia
Two US Congressmen Urge the Federal Reserve to Consider Creating a ‘National Digital Currency’
3.10.2019
Members of the United States House of Representatives Financial Services Committee have now started to address the rise of cryptocurrencies. Two of U.S. Congressmen have asked the Federal Reserve of future plans to launch a digital version of the U.S. dollar. In a letter sent on Monday to...
Mark Cuban Thinks Bitcoin as Less Useful Than Both Bananas and Baseball Cards
3.10.2019
In the global financial ecosystem, cryptocurrencies especially Bitcoin has evolved as a lucrative yet controversial element that has brought the biggest names of the industry running after it. While Facebook’s leader Mark Zuckerberg is ready to replace Bitcoin with his stablecoin Libra, Jack Dorsey...
Facebook’s Libra Nodes Are Live on ‘Pre-Mainnet’, Roadmap Confirms
3.10.2019
Facebook’s Libra devs unveil their latest step to formal launch
US Lawmakers Ask Federal Reserve About National Digital Currency
3.10.2019
U.S. Representatives French Hill and Bill Foster have asked the Federal Reserve whether it will consider launching a national digital currency