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EU Central Bank Won’t Add Bitcoin to Reserves — Says Its Not a Currency

10.7.2019
European Central Bank’s latest bitcoin-isn’t-money soundbite fails to win favor with Twitter followers

Money Laundering Scandals Bring Court Charges and Record Job Cuts to Euro Banks

9.7.2019
The international financial establishment is known to express concern about the risks of money laundering when the crypto space is mentioned. A string of scandals indicates, however, that traditional banks are not only susceptible to the phenomenon but sometimes complicit, whether knowingly...

China’s Central Bank Developing Own Digital Currency in Response to Libra

8.7.2019
The Chinese central bank is developing its own digital currency in response to Facebook’s forthcoming Libra stablecoin

Chinese Central Bank’s Blockchain Trade Platform Processed $4.36B

8.7.2019
China’s central bank, the People’s Bank of China, has processed $4.36 billion in foreign exchange transactions on its blockchain platform since its inception

Who Are the Real Thieves? Danish Authorities Seize 3 Ferraris in Tax Evasion Crackdown

8.7.2019
Last week Danish authorities seized three Ferraris belonging to a large Copenhagen-based business allegedly seeking to avoid VAT. With the largest bank in Denmark—Danske Bank—also being embroiled in a tax avoidance scandal last year, it seems timely to explore the common libertarian...

Trading Bitcoin Is Illegal in Iran, Central Bank Official Warns

8.7.2019
Buying and selling bitcoin is prohibited in Iran by a local AML authority, a Central Bank official said

Central Bank Executives Of Europe Demand Rapid Regulatory Action For Facebook’s Libra

8.7.2019
Facebook’s ambitious and much-talked-about cryptocurrency Libra never fails to keep the crypto community abuzz. Whether it is about its whitepaper release or regulatory concerns, Libra is almost always in the news. The latest update doing the rounds, as reported by Bloomberg on 7th July 2019,...

As Deutsche Bank Axes 18,000 Jobs, Bitcoin Offers a Powerful ‘Plan ฿’

8.7.2019
Deutsche Bank taking an axe to 18,000 jobs and winding down its investment banking arm paints a bleak picture of traditional finance at a time of booming growth for crypto

European Central Bank Exec Calls for Fast Regulatory Action Regarding Libra

7.7.2019
Financial regulators must act fast to prepare for Facebook’s Libra stablecoin, according to European Central Bank executive board member Benoit Coeure

Japan’s Central Bank Rules Out Issuing Cryptocurrency, Say Would Mean Dropping Cash

6.7.2019
Japan’s central bank, Bank of Japan has put the question of launching cryptocurrencies to rest. A bank official stated on Friday that issuing a central bank cryptocurrency would require the county to end cash totally, which at this stage isn’t feasible. Deputy Governor of the Bank...

‘Don’t Worry We Can Just Print More Money’ – Swedish Central Bank Ponders -1.5% Interest Rate

6.7.2019
At a press conference on Wednesday, the head of the Swedish Central Bank admitted that interest rates could potentially go as low as -1.5%, and quipped that Swedes likely wouldn’t even protest. Other countries implementing negative interest rate policies are producing lukewarm results that...

Three Bank Failures Open New Chapter in Never-Ending Financial Crisis

5.7.2019
The collapse of three banks on three different continents indicates a new global crisis is brewing. But it may also show that the last one never really ended and the tools used to manage the global economy simply don’t work. Also read: Side Effects of Economic Growth: Is Snowden Right to...

Venezuela’s Maduro Orders Top Bank to Make Petro Available to Public

5.7.2019
President Maduro has ordered the Bank of Venezuela to open public counters for his controversial cryptocurrency, the petro

Bank of Japan: Adopting Central Bank Crypto Would Mean Dropping Cash

5.7.2019
A Bank of Japan official has ruled out the launch of a central bank digital currency because to do so would require the country to abandon cash

Venezuela Government Orders The National Bank To Accept Petro

5.7.2019
Nicolas Maduro, the Venezuelan president, has ordered the principal financial organization, Banco de Venezuela, to receive Petro (PTR), the virtual currency of the country. The news surfaced on 4th July on Tweeter. This is an aggressive step taken by the Maduro government to promote Cryptocurrency...