Search
Report: 55% of US Investors Show Interest in Bitcoin Investment, Covid-19 Catalyst to Changing Preferences
29.10.2020
A recent survey study reveals that more than half of U.S. investors (55%) have an interest in investing in bitcoin, a figure which is 19 percentage points higher than that of last year. This translates to a potential U.S. market of nearly 32 million bitcoin investor households. According to...
Axion’s Launch is Going to Make Crypto-Believers out of Mainstream Investors
28.10.2020
This month, a new cryptocurrency project called the Axion Network will achieve a major milestone – it will see its mainnet launch and go public. The reason that’s so significant is that Axion represents a new breed of cryptocurrency. It’s not a utility token or an attempt...
Alibaba’s Jack Ma praises the disruptive nature of digital currencies
26.10.2020
The current conservative international financial system doesn't suit young people or young economies, says Ma
Central bank digital currencies have the power to upend global finance
26.10.2020
Central bank digital currencies will fundamentally change our conceptions of money and its uses
The Big Choices When Designing Central Bank Digital Currencies
26.10.2020
A retail CBDC or an indirect one? Synthetic? An API approach? How central banks implement digital currencies will have seismic implications
US Government Agencies Propose Changes to Funds Transfer Rules-Seek to Broaden Definition of Money to Include Cryptocurrencies
25.10.2020
The U.S. Federal Reserve Board and Fincen are seeking feedback on their proposal to lower the threshold at which financial institutions must collect and retain information on funds transfers. In their joint notice on the rule change proposal, the two U.S. agencies want a new threshold...
China Drafts Law to Legalize Digital Yuan, Outlawing Competitors
24.10.2020
China’s central bank, the People’s Bank of China (PBOC), has drafted a law to legalize the digital yuan and outlaw digital currencies issued by anyone else competing with it. Meanwhile, the central bank has been cracking down on gambling sites that use the stablecoin tether. China...
Russian Public Officials Must Now Declare Their Crypto Holdings as Income
23.10.2020
Public officials in Russia will now be required to declare all the crypto assets they hold as income. The measures are with effect from Jan. 1, 2021, local media reported. Russia’s prosecutor general Igor Krasnov declared: “Starting next year, civil servants will be required to declare...
CFTC Issues Guidance on Digital Currencies for Futures Commission Merchants
22.10.2020
The CFTC wants futures commission merchants to take care when dealing with customer's funds
Market Update: Bitcoin Nears $13,000, Holds Record-Breaking 87-Day Streak Above $10K
21.10.2020
Cryptocurrency markets have seen intense gains on Wednesday after the payment processor Paypal announced it would be supporting digital currencies. At the time of publication, the market cap of all 7,000+ digital assets has gained 5.6% hovering above $379 billion during the afternoon trading...
Monetary Stability: The IMF and Fed Chair Jerome Powell Discuss Digital Currency Implications
19.10.2020
On Monday, the International Monetary Fund (IMF) published a report on crypto assets like central bank digital currencies (CBDCs) and global stablecoins (GSCs). Moreover, the IMF also hosted a virtual panel that discussed digital currencies and cross-border payments with the Federal Reserve Chair...
Private Vs. State-run digital currencies: which could replace the dollar?
19.10.2020
Author David Birch says a number of digital assets will arise to challenge the dollar as the dominant world currency
Wanted: Economist for Digital Currencies, Fintech as Bank of Canada Studies a Possible CBDC
18.10.2020
The move comes as the central bank continues to research how a central bank digital currency would work as well as the possible risks
With job listing, Canada’s central bank takes additional steps towards a CBDC
18.10.2020
The winning candidate's primary task will be to monitor the latest developments related to electronic money, but also research “the development of a CBDC”
Fed Chairman Powell to Speak About Digital Currencies Next Week at IMF
15.10.2020
Federal Reserve Chairman Jerome Powell will speak next week as part of a panel on the future of cross-border payments at the International Monetary Fund’s (IMF) annual meeting
Central Banks Haven’t Made a Good Case for Digital Currencies: WSJ’s Heard on the Street
12.10.2020
Central banks are rushing into digital currencies without considering how the risks might outweigh any benefits, the column argues
US Government Moves to Regulate Cryptocurrencies After Attorney General Publishes Enforcement Framework
10.10.2020
United States Attorney General (AG) William Barr says the recent publishing of the Cryptocurrency Enforcement Framework will help law enforcement to fight elements using digital currencies for illicit ends. Produced by the AG’s Cyber-Digital Task Force, the framework provides law enforcement...
Beijing Announces ‘Legal Digital Currencies Pilot’ Plan
9.10.2020
Beijing is set to build a “legal digital currency pilot area” as part of its new Beijing Pilot Free Trade Zone initiative – although the project’s masterminds have stopped short of providing details as to what sort of tokens will be given the green light.
Per the Beijing News, via news agency...
Bank of Canada calls central bank digital currencies risky, especially storage
5.10.2020
Is risk in the eye of the beholder?
All Currencies Will Be Pegged to Bitcoin, Says ‘Price of Tomorrow’ Author Jeff Booth
3.10.2020
Entrepreneur and popular author Jeff Booth has predicted a grim future for fiat currencies, expecting them to fail as central banks keep printing money. Foreseeing an unavoidable, severe depression and banking failure, he believes bitcoin will become the world’s reserve currency and...