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‘Don’t Worry We Can Just Print More Money’ – Swedish Central Bank Ponders -1.5% Interest Rate
6.7.2019
At a press conference on Wednesday, the head of the Swedish Central Bank admitted that interest rates could potentially go as low as -1.5%, and quipped that Swedes likely wouldn’t even protest. Other countries implementing negative interest rate policies are producing lukewarm results that...
Venezuela Government Orders The National Bank To Accept Petro
5.7.2019
Nicolas Maduro, the Venezuelan president, has ordered the principal financial organization, Banco de Venezuela, to receive Petro (PTR), the virtual currency of the country. The news surfaced on 4th July on Tweeter. This is an aggressive step taken by the Maduro government to promote Cryptocurrency...
President Maduro Orders The Bank of Venezuela to Accept Petro Crypto
4.7.2019
Because of an order emitted by Venezuela’s President Nicolas Maduro, the country’s leading bank Banco de Venezuela will accept the Petro
Cyprus' Finance Minister: Blockchain Draft Bill to be Ready This Year
4.7.2019
Cyprus’ blockchain regulation draft will be ready this year, according to the country’s finance minister Harris Georgiades
Microsoft Announces Intelligent Cloud Delivery Strategic Partnership With Etisalat Digital
4.7.2019
For many years through the noughties and early years of the 2010s, Microsoft seemed like a sleeping giant as many other tech giants passed it by in terms of innovation and newer products. However, just when it seemed that the tech giant was either unable or unwilling to get its act together; it...
The Swiss Are Onto Something: Facebook, Libra and the Case for Decentralization
4.7.2019
A recent letter from the U.S. House of Representatives to social media giant Facebook has crypto users speculating feverishly. The implications of the letter, and Calibra CEO David Marcus’ recent response, will inform the future of money not only in America, but worldwide. House Chairwoman...
Buy Bitcoin? Trump Says US 'Should Match' China’s Money Printing Game
4.7.2019
Belligerent currency manipulation tweet from Trump bolsters the argument for crypto as a safe haven asset
Deutsche Bank’s Restructuring Costs Could Set It Back By $5.7 Billion
4.7.2019
Deutsche Bank used to be one of the biggest banks in the world, and after a while, it decided to enter the world of high finance by expanding aggressively into new markets in the United States, United Kingdom, and Asia. It seemed like a sound strategy for Germany’s biggest bank, but then the 2008...
US a Crypto Exchange Scarecrow — What Needs to Change?
3.7.2019
Unclear regulation is causing exchanges to leave the U.S. or block some options for U.S. customers, can the negative trend for America be reversed?
City of Dublin Ohio Plans to Launch Bitcoin Cash-Based SLP Token
3.7.2019
On July 1, Joshua Green, CEO of the Bitcoin Cash (BCH) implementation Bitcoin Verde, told the BCH community that the local government from Dublin, Ohio plans to mint a token using the Simple Ledger Protocol (SLP). The unnamed SLP token will be used for city events, redeemed for city-branded swag...
ZenGo Demonstrates Proof-Of-Concept of a Keyless Wallet for Facebook’s Libra
2.7.2019
ZenGo publishes its open source project, which purports to provide proof-of-concept that its keyless wallet product can support Facebook’s Libra
Abkhazia to Build Large Crypto Mining Farm, President Says
2.7.2019
The President of the partially-recognized Republic of Abkhazia said that the country will build a large crypto mining farm
Dubai Is All Set To Continue To Be One Of The Hubs For Growth Of SMEs
2.7.2019
Over the course of the last few decades, the Emirate and city of Dubai in the United Arab Emirates has become one of the biggest business and financial hubs in the region. During that period, some of the biggest businesses from across the world have set up shop in the city, and it had enjoyed...
Dutch Ministers Call for Cryptocurrency, Cash Use Regulations
1.7.2019
Dutch ministers have proposed that the government regulate crypto and large cash transactions, citing concerns over money laundering
Official: Russia Will Not Introduce Separate Regulation for Facebook’s Libra
1.7.2019
Russia’s Deputy Finance Minister Alexei Moiseev said Russia will not introduce separate legislation regarding Facebook’s Libra
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...
G20 Leaders Reaffirm Position on Cryptocurrencies in Statement
1.7.2019
Following the G20 Summit in Osaka, global leaders reaffirmed their position on cryptocurrencies in a joint statement
Flowery V20 Talk and Government Terror: Why Darknet Crime Is the Least of Our Worries
1.7.2019
Governments and central banking regulatory bodies continue to express concern about crypto being used for criminal purposes and terror. The terror campaigns of these very same governments continue unabated, however. In the wake of the V20 summit it might seem that lawmakers actually care about...
Top-10 Industries Being Transformed by Blockchain
30.6.2019
The advent of distributed ledger technology has comprised the catalyst for a new wave of creative destruction. Here are the top-10 industries that are affected the most
V20 Summit Concludes With Promises for Crypto Industry
30.6.2019
As the G20 leaders’ summit came to a close, the nearby V20 summit concluded with a set of promises for the crypto industry in response to the global crypto standards set by the Financial Action Task Force. A group of national crypto associations aims to engage with government agencies...