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Tether aims to decrease commercial paper backing of USDT to zero
15.6.2022
Tether expects to reduce USDT’s commercial paper backing to $8.4 billion by the end of June 2022 and eventually completely remove it
Bitcoin ecosystem makes a U-turn recovery in global ATM installations
11.6.2022
Halfway through 2022, the BTC ATM installation numbers dropped 89.75% by May, followed by a swift recovery in June
Former Fed Chair Bernanke: Bitcoin Is Mainly Used in Underground Economy for Illicit Activities
17.5.2022
Former Federal Reserve chairman Ben Bernanke says the main use of bitcoin is “mostly for underground economy activities and often things that are illegal or illicit.” He added, “I don’t think bitcoin is going to take over as an alternative form of money.”...
Bitcoin gains superior to stocks in the long term, economist says
13.5.2022
Crypto is more volatile than stocks and thus is associated with higher risks, but it also offers better return opportunities, industry executives agree
Ukraine bans Bitcoin purchases with local currency amid martial law
22.4.2022
Ukrainians are now allowed to buy Bitcoin only with foreign currency with a monthly cap of $3,300
Fitting the bill: US Congress eyes e-cash as an alternative to CBDC
15.4.2022
From fiat banknotes to fractional reserve banking, the notion of what constitutes money in the U.S. has changed over time. But is the time right for e-cash?
New crypto card by Nexo allows users to pay without selling Bitcoin
13.4.2022
Nexo has officially launched its cryptocurrency credit card in collaboration with Mastercard after announcing the project back in 2019
Robert Kiyosaki Predicts End of US Dollar — Says War Giving Rise to Crypto as Safer Haven Than Fiat Money
17.3.2022
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has predicted the end of the U.S. dollar. Furthermore, he said that the Russian-Ukraine war has given rise to crypto as “a safer haven asset than government fake fiat money.” Robert Kiyosaki on War...
Jamaican central bank to airdrop Jam-Dex CBDC to early adopters
11.3.2022
“Jamaica Digital Exchange” — Jamaica’s soon-to-be-released CBDC — will see citizens with crypto wallets receive a $16 deposit to help spread awareness and usage
Russia to seize retail deposits if sanctions go too far, official warns
24.2.2022
Russia’s largest bank, Sberbank, has denied its own supposedly false statement on being included in the U.S. sanctions list on Thursday
Alchemy Pay gains 77% after exchange listings and cross-chain integrations
9.2.2022
A fresh round of exchange listings and a cross-chain launch on the Binance Smart Chain have boosted ACH price by 77%
Fidelity: Bitcoin is a 'superior form of money'
1.2.2022
Fidelity argued Bitcoin should be considered separately from the rest of the digital asset market as no other altcoin comes close to its properties
Mexico’s Third Richest Billionaire’s Advice: Invest in Bitcoin, Stay Away From Dollars, Euros
28.12.2021
Mexico’s third-richest billionaire has advised people to stay away from fiat currencies, like the dollar and euro, and invest in bitcoin. Calling fiat “fake money made of paper and lies,” he stressed that “central banks are printing more money than ever before.”...
Child prodigy with 162 IQ wants cryptocurrency for Christmas and gets it
25.12.2021
The 12-year-old Barnaby Swinburn scored 162 on the Mensa IQ test and became a member of the high-IQ society
Turkey’s crypto law is ready for parliament, President Erdoğan confirms
25.12.2021
Once implemented, the crypto law will implement a new economic model that can potentially help recover the lira's falling value
Crypto.com and Silvergate enable institutions to buy and sell crypto with USD
30.11.2021
Silvergate is a major crypto bank known for assisting the launch of El Salvador’s crypto wallet Chivo
CBDC is a tool to combat Bitcoin, says Bank of Indonesia exec
30.11.2021
“CBDC would be part of an effort to address the use of crypto in financial transactions,” Bank of Indonesia’s assistant governor Juda Agung said
Bitcoin too volatile to be adopted as legal tender, says BoE chief
26.11.2021
The Bank of England promotes CBDCs as a “revolution of money,” while Brits are not really willing to use it
Chinese retail giant JD accepts digital yuan payments for Singles Day
11.11.2021
Some 450,000 JD.com customers have used China’s digital yuan for payments as of June 2021
Slovenia Launches Public Consultations on Crypto Taxation Law
28.10.2021
Authorities in Slovenia have prepared new legislation tailored to determine how crypto holdings and transactions are taxed in the country. The proposal, aimed at clarifying the matter, has been submitted for public consultations this week, local media reports revealed. Slovenia to Amend Tax Rules...