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Central Banks Worldwide Testing Their Own Digital Currencies

15.8.2019
Central banks worldwide are examining the possibility of issuing a central bank digital currency (CBDC), with some already testing theirs for different uses. Countries that have advanced their digital currency projects include China, Singapore, Canada, the Bahamas, Thailand, Uruguay, and Sweden....

Argentina’s Peso Collapse Shows Governments Shouldn’t Control Money

15.8.2019
Whenever bitcoin experiences a sharp drop or volatility, mainstream media analysts jump to declare that cryptocurrency isn’t stable enough to be considered money. The double-digit crash of the Argentine peso in one day, simply due to an election in the country, can be said to prove the same...

Can Central Bank Digital Currencies Be Used to Fight Financial Crimes?

14.8.2019
Central bank-issued digital currencies could have a great advantage in combating the shadow economy and illegal activities, and they could be a viable alternative to digital currencies like Libra

RBI’s Power Over Crypto Challenged at Length in Indian Supreme Court Today

14.8.2019
The Indian supreme court resumed hearing the writ petitions against the banking restriction by the central bank, the Reserve Bank of India (RBI), on Wednesday. Many issues were discussed, ranging from the legality of the RBI action to the classification of crypto assets and how each country...

Two Economists. Two Views on Bitcoin’s Ability to Disrupt Fiat Money

14.8.2019
“Half of the audience here is like, ‘I hope you die in a fire.’”

China’s Central Bank ‘Close’ to Launching Official Digital Currency

12.8.2019
An official at China's central bank has said the institution is nearing the launch of its national digital currency

China’s Digital Currency Is Ready, Central Bank Says

11.8.2019
The People’s Bank of China says a prototype of its digital currency has been fully developed, and it is now ready to launch

Indian Supreme Court Heard Crypto Case in Depth Today

8.8.2019
The Indian supreme court finally heard the crypto case today after postponing it several times. The court addressed the government’s crypto policy as well as the writ petitions challenging the banking restriction by the central bank. The latter was heard in some detail while the former...

3 Reasons Bitcoin Is Turning Into a Global Safe Haven for Investors

8.8.2019
Bitcoin price will go higher, say analysts, as central banks around the world continue the interest rate race to the bottom

How Governments Steal Your Money and Conceal It Through Inflation

5.8.2019
Dozens of countries all over the world have used the same trick called redenomination to hide how they have stolen their own citizens’ money through inflation or hyperinflation. The next nation to try this economic sleight of hand is the government of the Islamic Republic of Iran. Also Read:...

The Modern Era of Free Range Slaves: How Bitcoin Breaks the Mold

3.8.2019
In a string of recent Tweets, 2020 Libertarian presidential candidate and fugitive from the law John McAfee has been talking about slavery. Urging people to “wake up” and assuring them that neither compliance with the status quo, nor stacks of riches, can set them free. Indeed, when...

Former Brazilian Central Bank Chief Praises Bitcoin, Libra

30.7.2019
Gustavo Franco. Source: a video screenshot, Youtube, Canal UM BRASIL The former governor of the Central Bank of Brazil has heaped praise on Bitcoin – and suggested that McDonalds and Starbucks follow suit with Facebook, and consider launching cryptocurrencies of their own. In an editorial piece...

US, EU and Japan Could Trigger ‘Cold Currency War’ by Debasing Fiat

24.7.2019
The world’s major central banks are waging war to determine who can make their respective fiat currency weaker. With the likelihood of even more money printing and negative interest rates ahead, people need to be ready to see the value of their money evaporate and the price of everything else...

Global Crypto War Is Heating up – Iran Next in Line With Its Own Gold-Backed Coin

17.7.2019
Control of the U.S. dollar and the global financial system that depends on it gives the American government an incredibly powerful tool in shaping international affairs. As such, it is not surprising that its geopolitical rivals around the world will try to exploit the invention of cryptocurrency...

Miners Flock to Iran Where Bitcoin Mining Is Set to Be Sanctioned

12.7.2019
According to regional reports, the Central Bank of Iran (CBI) is planning to allow licensed cryptocurrency mining as long as operations are charged for electricity based on the price of export. The CBI governor, Abdol Nasser Hemmati, explained that mined cryptocurrencies should flow back into...

Alert: Crypto Scam Season is Upon Us, Even Central Bank Issues Warning

11.7.2019
It’s scam season again. Though scams have been omnipresent online basically since the inception of the Internet, there are periods in the cryptoworld when they are particularly prominent and are more brazen with each cycle. It has come so far that even a central bank had to issue a warning now. Now...

How 10 Countries Respond to Facebook’s Libra Cryptocurrency

11.7.2019
A growing number of governments have responded to Facebook’s cryptocurrency plans including China, France, India, Japan, South Korea, Russia, Singapore, Thailand, the U.K., and the U.S. Several intergovernmental organizations have also weighed in such as the European Central Bank and the Bank...