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Nigerian Authorities Put Mastermind of the Inksnation Crypto Scam on Wanted List
16.11.2020
Nigeria’s Economic and Financial Crimes Commission (EFCC) is seeking the public’s help in locating Omotade Sparks Amos Sewanu, the mastermind behind the Inksnation crypto scam. According to a notice published in the local media on November 11, the EFCC wants Sewanu to respond to fraud...
BTC Options Open Interest Surges, Traders Look to an Unfilled Bitcoin Futures Gap at $18K
15.11.2020
Bitcoin prices have been volatile during the last few weeks, but have managed to climb higher in value at the same time. This week bitcoin derivatives markets, specifically futures and options, show that crypto asset traders should expect more swings going forward. Some traders believe that...
The DeFi market desperately needs to connect with real-world assets
14.11.2020
Connecting DeFi with traditional financial instruments will give a massive boost to the whole market
Printing $1.7 Trillion for Climate Change: How Joe Biden’s Administration Aims to Push the ‘Green New Deal’
13.11.2020
In 2020, the U.S. Federal Reserve has injected an enormous amount of U.S. dollars to special interests in the banking sector in order to combat the economic effects stemming from the coronavirus outbreak. This week the central bank published its financial stability report and the Fed discussed...
Russia Proposes New Rules and Penalties for Cryptocurrency Owners
13.11.2020
The Russian Ministry of Finance has developed new amendments to the country’s cryptocurrency regulation. The proposal outlines a new set of rules for crypto owners, exchanges, and miners, as well as penalties for undeclared crypto transactions. Russia’s New Crypto Regulation...
100 billion reasons Apple should get behind Bitcoin: Michael Saylor
12.11.2020
Portfolio manager Dan Weiskopf has a win/win plan for a fitting marriage between tech’s biggest giant and Bitcoin, which has been endorsed by Michael Saylor
Biden Confirms Crypto-Savvy Gary Gensler Will Lead Financial Policy Transition Team
10.11.2020
Gary Gensler, Simon Johnson and Mehrsa Baradaran are among the policy experts versed in crypto and blockchain issues named to Biden’s transition team
Lebanon to launch digital currency in face of economic and financial turmoil
10.11.2020
Lebanon's central bank governor says the country, whose lira has been in freefall, is preparing to launch a digital currency in 2021
Investors are back into Bitcoin but DEXs are still the future of crypto
9.11.2020
Bitcoin’s rally to $15.9K stole the limelight from DeFi tokens and decentralized exchanges but the tables could turn rapidly
NeoBenk’s Global Partners Program Offers Financial Services
9.11.2020
Hailed as one of the most trusted global digital payment service providing entities, NeoBenk has announced the launch of its highly-anticipated product, the Global Partners Program, on November 20 for the digital asset customers. The newly launched project has been curated to expand the cluster...
Crypto Long & Short: Bitcoin Gets Ready for a New Type of Hedge
8.11.2020
Traditional 60/40 portfolio allocations to equities and bonds is doing a disservice to savers. It’s time for a new type of hedge
Argentinian Central Bank to Lift Freeze on Bank Fee Increases: Sets the Ceiling for Future Hikes at 9%
8.11.2020
The Central Bank of the Argentine Republic says starting in January 2021, financial institutions will be able to increase the fees or commission they levy for services rendered. In its November 5 update, which effectively ends the February 19 freeze on any fee hikes, the central bank says such...
Stablecoin Savings: Circle Launches High Yield USDC Accounts for Businesses
7.11.2020
Two years ago the cryptocurrency firm Circle announced the launch of USDC, a stablecoin pegged to the U.S. dollar. This week, Circle revealed the launch of high yield digital dollar business accounts with APY up to 10.75%. On September 26, 2018, Circle and the Centre open-source consortium launched...
Financial Advisors, Bitcoin Is the Next Amazon
6.11.2020
Bitcoin still has its fair share of doubters. So did Amazon at one time
South Korea To Ban Crypto Exchanges From Handling Privacy Coins
6.11.2020
South Korea is to ban crypto exchanges from handling digital assets it considers “dark coins”. Regulator Financial Services Commission (FSC) is specifically targeting privacy coins such as dash, monero and zcash. ● The ban is with effect from March 2021. In an update to crypto...
How Financial Planners Think About Bitcoin, With Justin Castelli and Douglas Boneparth
5.11.2020
Independent investment adviser Tyrone Ross speaks with certified financial planners (CFP) Justin Castelli and Douglas Boneparth about how they're looking at bitcoin and what they're hearing from clients
Why Crypto Is the Next Big Trend in Financial Planning
5.11.2020
If the robo-advising trend taught advisers anything, it's that millennial and Gen X investors will invest how they want. And right now, they want crypto
Bitcoiner Elected to US Senate: Cynthia Lummis Sees ‘Great Promise’ in Bitcoin
4.11.2020
A bitcoin hodler has won a U.S. Senate seat. Cynthia Lummis is a bitcoin owner who bought her first bitcoin in 2013 because she believes in the economic power of scarcity and the potential for bitcoin to address some of the manipulations in the financial system. Bitcoiner Wins Senate Election...
4 Charts Showing Why Financial Advisers Should Care About Bitcoin
4.11.2020
From a hedge against inflation to its uncorrelated relationship with stocks, advisers have plenty of reasons to be interested in bitcoin
Covid-19: IMF Urges More Stimulus Support For Non-Contact Intensive Businesses
4.11.2020
The International Monetary Fund (IMF) is encouraging countries to create money to mitigate the effects of lockdown restrictions on economies. Specifically, the international lender wants businesses and workers displaced by the pandemic related responses to get financial support as they adjust their...