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ECB Chief Christine Lagarde Calls for Global Bitcoin Regulation — Says BTC Conducts ‘Funny Business’
14.1.2021
The president of the European Central Bank (ECB), Christine Lagarde, has called for the global regulation of bitcoin. She said that bitcoin is a highly speculative asset and has “conducted some funny business.” Emphasizing the need for countries to work together to regulate bitcoin,...
Darknet Giant Darkmarket Shut Down, Alleged Operator Arrested
13.1.2021
The authorities in seven countries and Europol have jointly taken down Darkmarket, one of the largest darknet marketplaces. The action was taken after the marketplace’s alleged operator was arrested in Germany. Authorities Shut Down Darkmarket Europol announced Tuesday that darknet...
183 Violations: US Government Fines Bitgo for Allowing Users to Bypass Sanctions With Cryptocurrency
1.1.2021
The U.S. Office of Foreign Assets Control has fined Bitgo for failing to prevent users in sanctioned countries from using its crypto wallet service. The agency says Bitgo processed 183 cryptocurrency transactions that were “apparent violations of multiple sanctions programs.”...
Chinese Miners Migrate to Nordic Regions, Mining Exec Says Hashrate Migration One of the ‘Biggest Developments’
31.12.2020
China has the largest concentration of bitcoin miners worldwide with estimates noting the country captures anywhere between 50-65% of the global hashrate. Xinjiang, the autonomous region of the People’s Republic of China, ostensibly accommodates 35% of the hashrate. This week a regional...
2020’s 5 countries friendliest to crypto and blockchain
30.12.2020
These five countries have led the way in driving cryptocurrency and blockchain adoption in 2020
Let Them Eat Cake: Congress Approves a $900 Billion Stimulus Package, Billions in Pork Funds, Federal Employees Get a Raise
23.12.2020
The United States Congress has approved a $900 billion Covid-19 relief package that’s tethered to the government’s $2.3 trillion year-end funding plan. Of course, talks of Americans getting $600 checks have started to circulate online, but reports also include the discussions...
SEC to Sue Ripple Over XRP Cryptocurrency — CEO Insists XRP Is Not a Security
22.12.2020
The U.S. Securities and Exchange Commission (SEC) is set to bring a lawsuit against Ripple over the XRP cryptocurrency which it considers a security, according to Ripple CEO Brad Garlinghouse. Insisting that XRP is not a security, he calls the SEC’s lawsuit an attack on cryptocurrency that...
Shark Tank’s Mark Cuban Says Bitcoin Is a Store of Value but ‘More Religion Than Solution to Any Problem’
20.12.2020
Shark Tank star and the Dallas Mavericks’ owner, billionaire Mark Cuban has shared his updated view on bitcoin after the price of the cryptocurrency hit all-time highs. He compared bitcoin to gold but believes that bitcoin is not a solution to any problem as countries will take steps...
Major Latin American University Launches Specialization Featuring Crypto-Related Topics
18.12.2020
One of the biggest and most laureate universities in Latin America approved the launch of a Financial Engineering specialization course, whose modules cover crypto and blockchain-related subjects, marking it a historic landmark across the region’s educational sector. Mexico’s Biggest...
Millions of Venezuelans Voted via Blockchain in an Unofficial Anti-Maduro Referendum
17.12.2020
An unofficial referendum pursued by the Venezuelan opposition leader Juan Guaidó took place over the weekend in Venezuela powered by a blockchain platform, while at the same time, parliamentary elections called by the president Nicolás Maduro also had its scenario in a widely criticized...
Amon, AI-Powered Crypto Wallet and Card Is Fundraising on BnkToTheFuture
15.12.2020
PRESS RELEASE. Amon, known for their innovative app that aims to make using digital currencies stress-free, will soon release their debit card in 31 EEA countries. The company, which recently got approval to release a crypto debit card, is currently fundraising on the online platform that...
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...
Venezuela Pays for Imports From Iran and Turkey With Bitcoin to Evade Sanctions
9.12.2020
Venezuela is reportedly paying companies in allied countries, including Iran and Turkey, with bitcoin to mitigate the effects of U.S. sanctions on its economy. The Venezuelan government is also planning to increase bitcoin usage now that it has a dedicated cryptocurrency mining center. Venezuela...
Chilean NGO Prepares Draft to Include Crypto in New Constitution — Releases ‘Scam Blacklist’
8.12.2020
A pro-Crypto Chilean NGO hosted a series of conferences on cryptocurrencies and blockchain topics for educational purposes, named Cryptonight 2020, where they announced the preparation of a proposal to submit it in the context of the drafting of a new constitution and the release of a crypto...
Fiat-to-Crypto Partnerships Expand Abra’s Footprint to 150+ Countries
7.12.2020
Abra is expanding its crypto marketplace to dozens more countries through partnerships with four fiat-to-crypto gateways
Hyperinflation and Rent Controls – 2020’s Telltale Signs of Economic Distress Haunts Many Nations
24.11.2020
If history serves us well, 2020 is likely a precursor to a long and dreadful economic depression throughout a myriad of countries worldwide. During the last year, economists and analysts have been discussing how specifically the United States economy and the U.S. dollar are losing global dominance...
Remitano Makes Cross-Border Money Transfer Much Easier With New “Cash-Out” Feature
24.11.2020
PRESS RELEASE. To simplify banking and meet its users’ Remittance needs across the globe, Remitano, a global escrow-marketplace, has just launched a smart, free, and safe approach for cross-border money transfers. This system will allow users to send and receive money from other countries...
Friendliest of them all? These could be the best countries for crypto
23.11.2020
The level of freedoms that the U.S. has provides an argument for the country as the most crypto-friendly location, although Puerto Rico also has its benefits
China’s Xi Asks G20 Countries to Be ‘Open and Accommodating’ to CBDCs
21.11.2020
In a wide-ranging speech, Xi said that the G20 group “needs to discuss developing standards and principles for central bank digital currencies.”
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...