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Iran Adopts Bitcoin for International Trade Amid Heavy Sanctions, Falling Rial, Soaring Inflation
6.11.2020
The Iranian government has adopted bitcoin for international trade as the country’s economic crisis deepens, with rising Covid-19 cases, depreciating rial, and intensifying sanctions imposed by the U.S. government. Iran’s Economic Troubles Magnified Iran is undergoing a severe economic...
Blockchain-Based Trademark App Can Boost Australian Economy, Says Minister
10.8.2020
On the news Australia’s rugby league is using a blockchain-based app to stop counterfeit goods, a government minister has said it could help grow the national economy
China’s Government Fuels Stablecoin Economy: Hong Kong Protesters, Singapore and Mainland Residents Flee Capital Controls
13.6.2020
A recent study published by Amun researcher, Eliézer Ndinga, shows that USD-pegged stablecoins are being leveraged in Hong Kong as “vehicles for capital control flight.” The report shows how individuals from mainland China, Singapore, and Hong Kong are moving their capital out...
US Government Prediction: Economy Faces 10-Year Recovery, $8 Trillion Loss From Coronavirus
3.6.2020
The U.S. Congressional Budget Office has projected that the coronavirus crisis will cost the U.S. economy about $8 trillion. Many factors play a part in shrinking the economy, such as business closures, social distancing measures, consumer spending, a drop in energy prices, and recent legislation....
Russian Economy Ministry ‘Wants to Legalize Crypto’ in Sandboxes
24.3.2020
Russia could be set to legalize cryptocurrencies for companies and investors operating in new, industry 4.0-friendly regulatory sandboxes.
Per news outlet Izvestia, the country’s Ministry of Economic Development wants to add a range of new provisos to sandbox-related legislation submitted last week...
Blockchain Economy Conference Will Take Place in Istanbul for the First Time
14.12.2019
The most comprehensive cryptocurrency conference in MENA and the Eurasia region, “Blockchain Economy,” which takes place already the second time in Istanbul, will include the topics on Dual Citizenship, Citizenship through Investment, and Global Citizenship as well. Moreover, the conference will...
Germany Barely Avoids Recession, Economy Remains Stagnated
15.11.2019
The German economy, the largest and most influential in Europe, narrowly missed falling into recession last quarter. But with quarterly GDP growth averaging a little over 0% since the third quarter of last year, the Old Continent’s economic powerhouse is facing stagnation. Also read:...
How Crypto Assets Are Capturing the Attention Economy
14.11.2019
Human attention is a finite resource: we awake each day with it replenished, only for it to seep away through work, leisure, and time frittered idly browsing the web while circumventing ads. Recognizing the scarcity of maintaining human interest, attention economists have devised incentivized...
WaykiChain Brings Revolution Through the World’s First Three-Token Economy Model
12.10.2019
Unlike the other single- token economy models, WaykiChain has recently grabbed the attention of the decentralized techno enthusiasts by unveiling its world’s first-ever Three-Token Economy Model. WaykiChain was curated as a third-generation public blockchain network, which allows developers...
Lightning Sucks, But It Could Help Build a Bitcoin Economy
27.9.2019
At least a dozen startups are now betting on the profitability of bitcoin birthing a "Lightning Economy." Is it too soon?
Goldman Sachs States That There is More Pain in Store for Indian Economy
29.8.2019
The global economy is currently in the middle of turmoil due to a wide range of factors. Two of the world’s biggest economies, the United States and China, are locked in a bruising trade war, while Europe’s biggest economy, Germany has experienced a downturn. However, among all that it is perhaps...
Crypto Can Boost Indian Economy – How Banning Will Hurt it
29.8.2019
The Indian economy is experiencing severe economic slowdown not seen in many years, and cryptocurrency can potentially help. However, the government is considering a draft bill to ban cryptocurrencies, which could have undesirable consequences on the economy. Meanwhile, the Indian crypto community...
Tom LEE is Back in Istanbul for the “Blockchain Economy 2020”!
6.8.2019
Tom LEE, who met the investors and cryptocurrency community of Turkey for the first time at the first conference in February, will have his certain attendance at the Blockchain Economy 2020. The famous Wall Street analyst Tom LEE will take his place as a keynote speaker at the second of the largest...
There’s a Second Token: A Breakdown of Facebook’s Blockchain Economy
18.6.2019
In addition to the Libra coin, Facebook's newly unveiled crypto project also involves a "Libra investment token."