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G20 Informed Stablecoins Could Pose Financial Stability Risk


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...

Indian Supreme Court Postpones Crypto Case to November


The Supreme Court of India on Tuesday once again postponed hearing the case against the crypto banking restrictions by the Reserve Bank of India (RBI). The central bank has replied to crypto exchanges’ representation as directed by the court, which was supposed to resume hearing the case...

The Fed Plans to Inject $60 Billion per Month Into the Economy


On October 11, the U.S. Federal Reserve explained that it would inject more easing into the economy by purchasing Treasury bills at an initial $60 billion per month for the next two months. The purchasing rate could decrease or increase, but the central bank expects the easing plan to last until...

Coinbase Receives E-Money License From the Central Bank of Ireland


Coinbase has secured a new legal foothold in Europe. The San Francisco-based cryptocurrency exchange has received an e-money license from the Bank of Ireland, which it can potentially use to continuing serving its customers across the continent, in case Brexit causes any disruptions. Also Read:...

Dutch National Bank Says Gold Can Re-Start Economy in Case of Total Collapse


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...

Coinbase Acquires E-money License from the Central Bank of Ireland


The leading cryptocurrency exchange, Coinbase, which is being backed by the Spanish bank BBVA and the New York Stock Exchange, is all set to proliferate its business operations in the European market space after securing an e-money license from the Central Bank of Ireland. On October 11, 2019,...

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