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Changes Afoot for Philippine Crypto-Friendly Economic Zone


The special economic zone in the Philippines known for its crypto friendliness is undergoing some changes. Government-owned Cagayan Economic Zone Authority (Ceza) is investigating a case involving one of its licensed crypto exchanges after a tip from the Chinese government. The authority has also...

Taxation Isn’t Just Theft – It’s Bad for Crypto Adoption


Crypto awareness is reaching levels almost unimaginable just years ago, with telecommunications giants, big banks, mainstream media, and even professional sports teams now discussing and flouting digital assets. AT&T now allows customers to pay their phone bills in bitcoin, Japanese SMS giant...

Kryptoměnu Facebooku řešilo 26 centrálních bank. Povolení je nejisté


Mnoho nejasností stále panuje kolem chystané kryptoměny Facebooku jménem Libra. Finanční instituce po celém světě si nejsou jisty, zda ji akceptovat. V pondělí se proto setkalo 26 zástupců centrálních bank z celého světa, aby prodiskutovali, jaká rizika spuštění Libry může pro lidi přinést.

Here’s How Europeans Can Deal With Negative Interest Rates


Low and negative interest rates have been a burden for account holders across Europe for some time. And it’s only getting worse, as the European Central Bank just announced a new rate cut to a record low of -0.5%. Private and corporate customers in many countries on the continent don’t...

Yandex ties up with VTB bank launching an Investment Portal


After a much-struggled partnership between Yandex, Russia’s most valuable digital company and Sberbank, a retail state-owned bank to kick start an internet marketplace, everything seems to have come to an abrupt halt. Media is considering it be the case of sour grapes. Yandex is rather looking...

European Countries Step Up Response to Facebook’s Libra


The European Central Bank (ECB) and a number of countries in the region have stepped up their efforts in response to Facebook’s Libra, which has revived a competing ECB project for instant payments. As Facebook engages Switzerland’s financial regulator, the ECB clarifies how Libra...

Crypto Facilitates Money Transfer for Restricted China


Crypto is not illegal in China, but it is illegal for banks and financial institutions to deal in crypto. It’s also illegal to send or receive over $50,000 in fiat money without government permission. Restrictive banking regulations, international trade wars, and a surveillance state in...

Russian Banks Intent on Depriving Cryptocurrency Owners of Anonymity


Russians want to eliminate all kinds of anonymity with regard to cryptocurrency dealings and make facts and figures related to crypto ownership public, thus bringing in a certain degree of transparency in the dealings. The media outlet RNS has reported that the Association of Banks of Russia, which...

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