Search
Stablecoin Crisis Could Wreck Global Finance, Fed Warns in New Report
15.11.2019
The Fed warned that a stablecoin crisis could wreak havoc on the global economy and outlined the steps issuers must take to protect the status quo.
Generation QE: How Central Banks Create Money From Thin Air
11.11.2019
This year the public has seen a lot of the expansive monetary policy taking place with 37 central banks participating in monetary easing. Unfortunately, most people don’t understand the methods central banks like the Federal Reserve use to increase the money supply and never take the time...
CEO of Galaxy Digital Opines China’s Fondness for Digital Currency to Be a Reason for USD Losing Its Reserve Status
11.11.2019
Founder and CEO of Galaxy Digital, Michael Novogratz, is of the feeling that if the US does not adapt to digital finance, then it may be left behind. He also said that countries like China are miles ahead with regards to acceptance of fintech and support for it and this could lead to change...
Reserve Bank of India (RBI) Eases Refinancing Limits on Selected Borrowers
8.11.2019
In a development that should come as a major boost for Indian banks that operate overseas, the Indian central bank RBI eased restrictions with regards to refinancing certain loans. According to the policies that are going to go into effect in December this year, foreign branches of Indian banks...
BTC Miners: No More Basement Rigs, Greater Profits to Come
7.11.2019
As Bitcoin firms add to their arsenal, it seems there’s no stopping the BTC mining industry. But is it still profitable in 2019?
New Hire to Head Digital Currency Research at the US Fed
5.11.2019
The United States Federal Reserve is looking to employ a Manager, Retail Payments, part of whose responsibilities will be to oversee the research of digital currencies and distributed ledgers. The job ad has been published amid pressure from Capitol Hill to explore the possibilities of issuing...
Crypto Secularizes Wealth by Returning Power to the People
5.11.2019
Secularization is the process of converting something from a religious status to a nonreligious one. In its usage here, the word “religious” has no necessary connection to a deity. The word refers to the mystification of a thing in order to elevate it to the status of the divine where...
US Federal Reserve Hiring New Manager to Research Digital Currencies
5.11.2019
The U.S. Federal Reserve is hiring a manager for its Retail Payments section to research digital currencies and stablecoins
US Federal Reserve Hiring Retail Payments Manager to Integrate Digital Currencies
5.11.2019
The central bank is expanding the role of its Retail Payments Manager to include digital currencies, stablecoins and distributed ledger technologies as part of a new hire
US Federal Reserve Hiring Retail Payments Manager to Research Digital Currencies
5.11.2019
The central bank is expanding the role of its Retail Payments Manager to include digital currencies, stablecoins and distributed ledger technologies as part of a new hire
Do You Know the Newspeak of the Looming ‘NIRP’ Economic Meltdown?
1.11.2019
Negative and zero interest rate policy (NIRP and ZIRP) are becoming a new global norm. Endless printing of paper money is said to make economies stronger, while everyday individuals are seeing their savings worth less and less. These policies were traditionally viewed as last ditch, temporary...
China Is Pushing Blockchain Adoption, Seizing the Momentum From US
30.10.2019
In the wake of China’s recent decision to push blockchain adoption across its borders, industry experts speak out
More Filthy Fiat: Two Dozen Central Banks Ramp up the Printing Presses
29.10.2019
The global economy seems to be heading toward a financial crisis fueled by central planners that could devastate markets worldwide. This year onlookers are witnessing the largest synchronization of central banks printing massive amounts of fiat or participating in other forms of stimulus....
Why Central Banks Are Not Designed for Democracies
29.10.2019
Through their policies, central banks exert tremendous influence over the socio-economic conditions in a country and its business environment. Their decisions are so powerful that it’s obvious they are part of the government. But most people would be surprised to find out that central banks...
Indian Crypto Trading Volumes Accelerate on Positive Sentiments
28.10.2019
Cryptocurrency trading volumes in India have accelerated despite regulatory uncertainty and banking restrictions imposed by the Reserve Bank of India (RBI). Global trading platforms and service providers have also been expanding their operations to serve Indian users. Also read: Mistakes Crypto...
Is China’s New Fascination With Blockchain Really Good for Bitcoin?
27.10.2019
Blockchain development has kind of become an element of the party line in the world’s largest officially communist state. The General Secretary of the Communist Party of China, Xi Jinping, recently told a Politburo meeting that the People’s Republic has to gain an edge in the emerging...
3 Major Signs That Precede the Fall of World Reserve Currencies
24.10.2019
The story of reserve currencies is long and stretches far back into ancient times. As modern history shows, however, the average lifespan of fiat reserve assets is just around 100 years. This means that even the U.S. dollar’s period of dominance is probably nearing its end very soon...
How Fiat Money Fails: Deconstructing the Government’s Paper-Thin Promise
23.10.2019
Fiat money has a surprisingly short lifespan. The almighty U.S. dollar currently serving as world reserve currency is not exempted, in spite of all proclamation that it cannot fail. Throughout history, fiat money has failed over and over again, where sound assets like gold have survived. Ruling...
The Federal Reserve Makes a Big Move Into the US Treasury Bill Market
23.10.2019
The United States Federal Reserve is all set to wade into the US Treasury Bill market in a big way and could end up owning as much as 12% of the existing market. The estimates have been provided by forecasting firm Oxford Economics. Considering the current threats to the economy and dangers of...
Trump’s Former Federal Reserve Nominee Planning to Unveil a Stablecoin
22.10.2019
US President Donald Trump’s former nominee for the Federal Reserve, economist Stephen Moore, is all set to unveil a new stablecoin, according to the reports published on October 21, 2019. The stablecoin, referred to as Frax, is being planned by Moore along with other entrepreneurs namely Ralph...