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Global Crisis Looms as IMF Report Cites Its Own Policy as Dangerous
18.10.2019
In a new report by the International Monetary Fund (IMF) entitled “Global Financial Stability Report: Lower for Longer,” the group gives an overview of the current debt-ridden and precarious state of affairs in global economics. Not lost on some economists, however, is the irony that...
G20 Informed Stablecoins Could Pose Financial Stability Risk
16.10.2019
The Financial Stability Board has informed the G20 finance ministers and central bank chiefs of the risks stablecoins could pose to financial stability. Unlike crypto assets which do not pose financial stability risk at this time, stablecoins could pose a host of challenges. Also read: Unicef...
CoinEx Chain Elects New Node Partners
16.10.2019
Hosted by CoinEx Chain Foundation, “CoinEx Chain Global Nodes Election Launch Conference” was successfully held in Shenzhen on Oct 16. The conference marked the official launch of CoinEx Chain’s nodes election. More than 500 blockchain practitioners, including investors, KOLs, technical...
UAE Financial Watchdog Asks for Public Feedback on Crypto Regulation
15.10.2019
Regulators in the UAE will be collecting public feedback on drafted crypto asset regulation until Oct. 29
Bitcoin Is a Weapon for Free Speech in the Face of Government and Corporate Censorship
15.10.2019
The latest skirmishes in the bruising trade war between the U.S. and China have led to the unlikely politicization of the NBA. But how did the views of a basketball executive become such a political football? And what does China’s ideological commitment to censorship say about the value...
Gold and Blockchain: A Budding Financial Romance at the Perfect Time
14.10.2019
Blockchain to bring unprecedented transparency in holding and trading gold
US Financial Regulators Warn Crypto Asset Industries to Abide by the Banking Laws
14.10.2019
The heads of three financial regulators of the US, namely SEC (Securities and Exchange Commission), CFTC (Commodity Futures Trading Commission), and FinCEN (Financial Crimes Enforcement Network) have released a joint statement on October 11th, warning the crypto asset industries to adhere to...
G7 Evaluates Stablecoins as Risk to Global Financial Stability
14.10.2019
The world’s biggest economies are assessing stablecoins as a potential risk to the global financial system, said the Financial Stability Board
Report: G7 Says ‘Global Stablecoins’ Pose Threat to Financial Stability
14.10.2019
The G7 has released a report claiming that “global stablecoins” could pose a threat to global financial stability
Android Tool Lets You Check Crypto Payment Apps for Double-Spends
13.10.2019
The risk of double-spending has traditionally been a major obstacle to creating and fully using digital money. A flaw of this kind would be detrimental to the credibility of any system claiming to provide universal solutions to the financial needs of our era. Whoever created Bitcoin elegantly...
Dutch National Bank Says Gold Can Re-Start Economy in Case of Total Collapse
13.10.2019
An article found on the De Nederlandsche Bank (DNB) website has surprised many in the crypto space, with its bold claim that “If the entire system collapses, the gold stock provides a collateral to start over.” While proclamations of this nature are nothing new, it is strange to see...
IRS to Require 150 Million Tax Filers to Disclose Crypto Dealings
12.10.2019
The U.S. Internal Revenue Service (IRS) has unveiled a new draft tax form used by some 150 million people in the country to file tax returns. It has a section that requires them to answer whether they have received, sold, sent, exchanged, or acquired any financial interest in any cryptocurrencies...
Traditional Financial Exchanges Oppose UK Crypto Derivatives Ban for Retail Investors
11.10.2019
The World Federation of Exchanges asked the UK's Financial Conduct Authority not to ban the sale of crypto derivatives to retail investors
Bitcoin Cash Acceptance Grows in Southeast Asia via Alchemy’s PoS System
10.10.2019
The payments and technology provider Alchemy recently announced the launch of the startup’s hybrid payment solution, a platform that aims to connect cryptocurrency with retailers worldwide. Alchemy’s crypto solution features integration with Qfpay, a well known third-party payment...
Sean Walsh: Cryptocurrencies Can Harness More Human Energy
9.10.2019
Bitcoin scores high in terms of ‘moneyness’ compared to other forms of money as it has some technical advantages and social inertia. In an interview with Bitcoin.com’s Humans of Bitcoin podcast, brilliant contrarian thinker Sean Walsh shared his opinion about cryptocurrencies...
Cryptocurrency Donations to Politicians Legal In Japan Says Internal Affairs Minister
8.10.2019
Crypto donations are legal and do not need to be approved for political donations like cash or securities
Economic Turmoil in Hong Kong Escalates as Colonial-Era Law Is Imposed
8.10.2019
Colonial-era law has been imposed in Hong Kong causing the economic situation to degrade further, with empty ATMs and bank runs becoming a new norm. Protestors and non-protestors alike fear the martial law-like ERO (Emergency Regulations Ordinance) could eventually grind the city’s financial...
Banking Giant HSBC Set to Fire 10,000 More Employees
8.10.2019
The banking sector continues to suffer drastic layoffs as the global economic outlook remains uncertain. The latest financial institution reported to be set for cutting a massive amount of workers is HSBC, which has already announced firing thousands of people just a few weeks ago. Also Read:...
UK Regulator Ramps up Crypto Investigations and Considers KYC for Wallets
8.10.2019
The U.K.’s Financial Conduct Authority (FCA) has been relentlessly scrutinizing cryptocurrency startups and investigations are up 74% from last year. Meanwhile, proponents of decentralized software development models and open collaboration are upset about the FCA aiming to extend KYC/AML...
Japan’s Nomura Invests in Line’s LVC to Develop Blockchain Financial Services
8.10.2019
Nomura hopes to leverage Line's vast user base and high-quality user experience to deliver financial services