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Zimbabwe’s Battle To Control Currency Inadvertently Boosts Bitcoin Profile


Zimbabwe’s deteriorating economic situation is forcing authorities to sign off on some desperate and controversial decisions. Some of such decisions include the abrupt suspension mobile money as well as the recent designation of Zimswitch as a national payment switch. Reserve Bank of Zimbabwe...

Christophe Cieters: Monopoly Money


As money developed and people opted to place it in secured storage, banks started issuing banknotes which represented a client’s deposit at the bank and the promise to redeem each note for the amount of gold it represented at a 100% reserve rate. Market exchange rates of the coins were...

Coinbase Eyeing US Stock Market Listing as Early as This Year


Coinbase Inc is planning a U.S. stock market listing for later this year or early 2021, Reuters reported on Thursday. The plan is subject to approval by the U.S. Securities and Exchange Commission. If successful, Coinbase could become the first major American cryptocurrency exchange to go public....

OKEx Led Market in Bitcoin Whale Trading in June - Study


In June, major crypto exchange OKEx positioned itself among the most popular exchanges for so-called whales, and a leading venue for bitcoin (BTC) price discovery, a study from crypto data provider Kaiko has found. Originally launched as one of the early Chinese BTC exchanges, OKEx is...

Major Bitcoin Exchange Coinbase Prepares For Stock Market Listing - Report


US-based major crypto exchange Coinbase could list its shares on a stock exchange this year or early next year, Reuters reported, citing "three people familiar with the matter." The company has already been in talks to hire investment banks and law firms, the report said, adding that...

Crypto Facilities Gets FCA Nod to Set up Crypto Futures Venue


Crypto Facilities, a subsidiary of Kraken cryptocurrency exchange, has obtained a Multilateral Trading Facility (MTF) license from the UK’s Financial Conduct Authority (FCA). An MTF is a European regulatory term for a self-regulated financial trading venue. MTFs are an alternative to...

Renters Threaten US Real Estate Market, 20 Million Americans Face Eviction


The aftermath of the coronavirus-provoked business shutdowns in the United States caused a number of market observers to focus on the U.S. real estate and rental markets. As the federal moratorium on evictions reaches its expiry, a recent Aspen Institute report reveals that 20 million renters...

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