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Coinmama Appoints Unicorn IronSource GM Sagi Bakshi as CEO
21.4.2020
Unicorn startup IronSource’s general manager, Sagi Bakshi, has joined cryptocurrency exchange Coinmama as CEO, saying he believes that the future of money is Bitcoin. Since 2013, Coinmama has been at the forefront of the financial revolution, working to simplify the way the world does crypto....
7 Remote Crypto and Blockchain Firms That Are Hiring Right Now
21.4.2020
Satoshi Nakamoto created Bitcoin in 2009 as a financial safeguard against the threat of another global economic disaster, following theContinue Reading
The post 7 Remote Crypto and Blockchain Firms That Are Hiring Right Now appeared first on CoinMarketCap Blog
After Pundits Predicted Bitcoin’s Death for 11 Years, Barrels of Crude Oil Trade Below Zero
21.4.2020
Global markets had a historical day on Monday, as the price of oil dropped below zero and closed the day at -$36 per barrel of crude. The oil crash below zero has never happened in anyone’s lifetime and economists worldwide are uncertain about the future of the world’s financial system...
Americans Purchase $1,200 Worth of Bitcoin, While 7 Banks Fumble With Stimulus Payments
20.4.2020
For years now, bitcoiners and cryptocurrency proponents have said the antiquated banking system will not continue to survive for very long and the financial system is showing massive cracks these days. The recent stimulus check fiasco is a prime example of the issue, as customers from PNC, JPMorgan...
Oxford Law Says World Needs Crypto Regulation to Prevent Financial Meltdown
20.4.2020
Oxford law researchers say crypto regulation is needed for preventing traditional financial markets from systemic risk
Heifer International Joins Libra Association to ‘Support Financial Inclusion’
20.4.2020
Heifer International has joined the Libra Association, just days after the group modified its stablecoin vision to focus on a series of single-currency tokens rather than one basket-backed version
South Africa Proposes 30 Rules to Regulate Cryptocurrency
19.4.2020
South Africa’s top financial regulators, including the South African Reserve Bank, have jointly released a policy paper with 30 recommendations for the regulation of cryptocurrency and related service providers. They aim to be in compliance with the cryptocurrency standards set by...
Money Reimagined: Demand for USD Stablecoins Foreshadows Financial Disruption
17.4.2020
The pandemic has increased demand for USD-backed stablecoins, raising the prospect of "crypto-dollarization." The implications are enormous
BitGo Offers Tax Tracking Services for Institutional Clients by Acquiring Lumina
16.4.2020
BitGo acquires Lumina in what is the latest in its spree of acquisitions and expansions
Alibaba Subsidiary Ant Financial Launches New Consortium Blockchain Platform for SMEs
16.4.2020
Ant Financial’s new consortium blockchain platform may push blockchain technology to the masses
IMF Predicts Worst Global Crisis Since Great Depression, Costing $9 Trillion
16.4.2020
The International Monetary Fund (IMF) said the world’s current economic crisis is the worst downturn since the Great Depression, and no country is spared. The IMF estimates that the cumulative loss to global GDP from the pandemic could be around 9 trillion dollars. Also read: IMF Declares...
Crypto Needs to Meld With Legacy Financial Systems for Mass Adoption
16.4.2020
Decentralized crypto assets and centralized custodians: Could such a hybrid bring crypto to a new level of mass adoption?
Grayscale Says It Raised a Record $500M in First Quarter
16.4.2020
The crypto investment firm says it raised almost as much in Q1 2020 as it did over the whole of 2019
New Crypto Partnership Takes Aim at Africa's Unfavorable Financial System
16.4.2020
Sesacash plans to curb the shortcomings of Africa’s financial system by making cryptos mainstream
G20 Considers 10 Rules for Regulation of Stablecoins Like Facebook Libra
15.4.2020
The G20 is setting rules to regulate stablecoins such as Facebook’s Libra cryptocurrency. Responding to a call by the G20, the Financial Stability Board (FSB) has provided 10 “high-level” recommendations that establish a regulatory framework for stablecoins. Also read:...
World Bank Digs Deeper Into DLT and FinTech for Financial Inclusion
14.4.2020
The World Bank Group outlines new tech like DLT and stablecoins as crucial for financial inclusion
G20 Watchdog Warns Nations to Mitigate Risks Posed by Libra-Like Stablecoins
14.4.2020
National regulators need to be prepared for the unique risks posed by global stablecoins, the Financial Stability Board says
Bitcoin Could Become Like ‘Prison Cigarettes’ Amid Deepening Financial Crisis
12.4.2020
Economist John Vaz believes economic mismanagement could lead to Bitcoin acting as a money commodity akin to cigarettes in prisons
80 Banks Charge Negative Interest Rates as Crisis Deepens in Germany
12.4.2020
Amid the coronavirus pandemic and deepening financial crisis, the number of banks charging customers negative interest rates in Germany has accelerated. At least 80 banks now reportedly charge negative interest rates, 16 of which apply this policy to even small deposits. Also read: IMF Declares...
JPMorgan, Bank of America, Deutsche Bank Predict Major Recession
11.4.2020
Big banks are predicting a major recession, the deepest one in the post-war era. JPMorgan Chase CEO Jamie Dimon said his bank cannot be immune to the resulting financial stress while Bank of America expects the U.S. economy to “collapse” and Deutsche Bank has forecasted a severe global...