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Japan Leverages 80 Tons of Gold to Help Fund Part of Its Stimulus Package

21.12.2020
Japan’s finance ministry has reportedly leveraged 80 tons of gold to help fund part of its huge stimulus package aimed at combating the coronavirus crisis. The Asian country, which is saddled with public debt twice the size of its economy, is under pressure to find non-tax revenues to cover...

Australia's crypto ecosystem 2020: The spark for a DeFi explosion

20.12.2020
The Australian crypto ecosystem has flourished despite the pandemic, with a booming DeFi sector, a five year blockchain roadmap and the embrace of the technology by banks and the finance sector

Sunday's Best Deals: Call of Duty: Black Ops Cold War, Razer Kraken Headsets, Anker Power Bank, Hand Sanitizer, Casserole Dish Holder, K-Beauty Brand Mamonde Products, and More

20.12.2020
Discounted Razer Kraken headsets and Call of Duty: Black Ops Cold War a lead Sunday’s best deals.Read more

Russia’s central bank digital currency: Prospects and problems

20.12.2020
The digital ruble will, most likely, take the place of other forms of money, but the intrigue is which ones: non-cash or cash?

Bitcoin adoption in Nigeria soars as central bank blocks remittances in Naira

18.12.2020
The Central Bank of Nigeria’s “Naira defense” policy is pushing more Nigerians towards Bitcoin and crypto adoption

QE Infinity: US Fed to Keep Rates at Zero, Billion-Dollar Bond Purchases Until Economy Recovers

18.12.2020
This week the U.S. Federal Reserve met for two days at the Federal Open Market Committee meeting and detailed that it would keep short-term borrowing rates at near zero. Meanwhile, the Fed also stated that it would continue buying bonds until the U.S. economy returns to full employment....

IMF Cautions Central Banks May Have to Rethink What Constitutes Reserves

18.12.2020
The IMF warns that central banks may have to rethink what constitutes their reserve currency holdings. In a recent study, the global lender points to the changing geopolitical landscape, technological advances and the impact of the Covid-19 pandemic as events likely to influence the composition...

Quontic Bank Launches Bitcoin Rewards Checking Account With Debit Card for US Customers

16.12.2020
Quontic Bank is launching a bitcoin rewards checking account with a debit card. Customers can earn 1.5% back in bitcoin on their debit card purchases. “Bitcoin is gaining massive momentum both as a digital currency, an asset class, and as a store of wealth,” the CEO of the bank said....

Sberbank Urges Central Bank to Reconsider Digital Ruble Issuance Plans

16.12.2020
The state-controlled commercial bank Sberbank has expressed fears that the Russian Central Bank’s “digital ruble” plans will have a negative effect on liquidity in the nation. The Central Bank has accelerated its plans to roll out a central bank digital currency (CBDC) with a pilot slated for next...

Bitcoin the third 'most crowded trade' in global fund manager survey

16.12.2020
Asset managers around the globe are losing confidence in the dollar, encouraging them to seek out inflation-resistant investments for their clients

Antier Solutions Expands Its Offerings With Crypto Friendly Banking Solutions Development

16.12.2020
PRESS RELEASE. Antier Solutions, a blockchain development company headquartered in Mohali, India – with two global units in North America and the UK – has expanded its services to offer crypto-friendly bank development solutions targeting start-ups, banks, and financial institutions...

Italian Insurance Giant Generali Gets Into Bitcoin via Banking Arm, Launching Crypto Custody Service

16.12.2020
Banca Generali, the banking arm of Italy’s largest insurance group, has announced that it will be offering cryptocurrency custody service to its customers beginning next year. To achieve this, the bank has acquired a stake in bitcoin wallet provider Conio. Assicurazioni Generali, Banca...

Bank of America Investor Survey Highlights the Most Crowded Trades: ‘Long Tech, Short USD, Long Bitcoin’

15.12.2020
The highly anticipated Bank of America fund manager survey has been published, and this December fund managers who participated in the survey are sweeping up risk assets. The asset managers have dropped cash for the first time in close to seven years, as levels are down 4%. Moreover, strategists...

SatoshiPay to Become First User of German Bank’s Euro Stablecoin

15.12.2020
Bankhaus von der Heydt partnered with Bitbond to launch its euro-backed stablecoin on Stellar last week

OCC Economist Cites Benefits of Issuing Bank Charters to Stablecoin Providers

15.12.2020
The OCC's head economist said in a paper that chartering stablecoin providers would offer benefits to consumers, as well as to the firms themselves

The Great Reset Agenda: ‘Bitcoin Is a Decentralized and Rational Strategy to Opt-Out’

15.12.2020
Every single day the conversation about the Great Reset continues to amplify. More recently, mainstream media publications have been publishing rebuttals in response to the many skeptics of this agenda who believe the reboot propaganda is meant to install a new world order. The American broadcaster...