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China Is Drafting Laws for the Circulation of National Digital Currency

26.3.2020
Amid the coronavirus pandemic, China’s central bank has reportedly completed the basic development of the nation’s central bank digital currency. The central bank is now drafting legislation for its circulation, according to local media. A number of patents have revealed what...

How to Quickly Cash Out From Crypto to Fiat

26.3.2020
There are many reasons why you might seek to liquidate your digital assets into fiat currency, be it to pay a bill, buy a meal, or cover an emergency. When needs must, speed is of the essence; no one has time to wait three days for a bank wire to clear. For those occasions when […] The post...

Tone Vays Says Proposed Digital USD is Nothing New

25.3.2020
Tone Vays argues the new U.S. digital dollar proposal is nothing new in the tech category

US Stimulus Plan Is Steadying Global Markets While Crypto Takes a Dip

25.3.2020
The $2 trillion stimulus deal in the U.S. wasn’t enough to keep many cryptocurrencies from taking a dip Wednesday

Crypto-Friendly Bank Revolut Launches in the US

25.3.2020
The challenger bank reportedly has plans to offer its crypto buying service to US customers in the near future

World’s Largest Banks Losing Stock Value During Weeks Marked by Pandemic

25.3.2020
The spreading coronavirus infection is taking a toll on the global economy and traditional financial institutions are already hurting. The world’s largest banks have seen their stocks losing value over the past weeks and months while facing cash withdrawal pressure and preparing to deal with...

Cryptocurrency Regulations Advance Despite Global Crisis, Cash Shortages, Bank Closures

25.3.2020
In this roundup, we cover crypto regulatory developments amid the global crisis effected by the coronavirus outbreak, bank closures, interest rate cuts, and plunging stock markets. Through it all, governments worldwide are still focusing on cryptocurrency regulation, including the U.S., South...

Silvergate Bank Resolves Wire Transfer Issue That Kept Transactions in Limbo

24.3.2020
Crypto-friendly Silvergate Bank resolved the last of its wire transfer issues Tuesday morning, said CEO Alan Lane

Pioneering Crypto Bank Launches CHF-Backed Stablecoin

24.3.2020
Sygnum envisions a variety of applications for its “settlement coin,” including smart contract execution and dividend payouts for digital shares

#NotDying4WallStreet – Twitter Trends Show People Are Fed Up With Wall Street, Banks and Oligarchs

24.3.2020
As the coronavirus outbreak causes havoc to the world economy, the U.S. is trying to prepare for the onslaught of new cases. U.S. politicians crafted shelter-in-place orders in various states and shut down a decent fraction of American industries. Now politicians are penning an enormous bailout...

Russian Prime Minister Introduces Bill to Allow Fintech Sandboxes, Blockchain Included

24.3.2020
The new bill would allow the creation of “experimental regulatory regimes” for companies working on cutting-edge technologies like AI and distributed ledgers

Russian Ministry Wants to Test Crypto and Blockchain in Regulatory Sandboxes

24.3.2020
Russia’s Ministry of Economic Development is preparing a draft law to allow firms from various industries to experiment with crypto and blockchain in a regulatory sandbox

The Multi Trillion-Dollar Stimulus Package: These Are the US Corporations Begging for Bailouts

23.3.2020
The coronavirus outbreak has caused considerable damage to the global economy and this week the U.S. is facing the onslaught of the scare. As Republicans and Democrats battle in congress over a 2020 stimulus plan, corporate industries are leaping at the chance to get a bailout. While the Fed tosses...

Coronavirus Bailouts: US Banking Watchdogs Waive Hundreds of Regulations, Red Tape, Financial Oversight

23.3.2020
In 2019, cryptocurrency and blockchain businesses saw more regulation than any year prior. G20 finance ministers, central bank governors, and regulators cracked down hard on the bitcoin industry. However, during the covid-19 scare, U.S. authorities have been dropping regulations on a whim, making...

Dark Days Expected as Bank of St. Louis Head Says US Unemployment Could Reach 30%

23.3.2020
The global economy is apparently going down rapidly, but if we go by the fresh news coming from the US, the worst days are still to come. As per a report published by Bloomberg, James Bullard, chief of the Federal Reserve Bank of St. Louis, has predicted that the unemployment rate in the United...