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Japan Uneased by Chinese CBDC, Plans on Digital Yen in ‘2 to 3’ Years
15.2.2020
Japan is worried about the soon-to-be-released Chinese CBDC, as it might disrupt the global economy. Local lawmakers suggest developing a digital yen to counter it
Lisk Strives to Bridge the Gap Between People and the Global Economy
9.2.2020
With the world heading towards a paperless economy, cryptocurrencies have become a hot-shot solution for many industrial domains. The digital currency that was founded as a remedial offering to the global recession has now established itself as part and parcel of business enterprises, individuals...
German Economy in Risk of Recession Amid Weak Demand, Tariff Threat, and Epidemic
8.2.2020
Germany, the economic powerhouse of Europe, is facing renewed challenges that may soon push it towards recession. Falling industrial production and dwindling factory orders are the prime cause of concern. The negative results have been announced on the backdrop of weak demand from Eurozone...
SOTU Speech: Donald Trump Predicts Bullish Trend for US Economy
5.2.2020
President Trump’s State of the Union address was more of an emotional appeal than a pragmatic address to the nation. As the Senate is likely to vote on his impeachment soon, his address hinted at his confidence in staying in the office. The address triggered varied reactions in the house, but...
Tech Like Blockchain Will Transform Chinese Economy, Bank Chair Says
3.2.2020
The next decade will see a digital transformation in China with blockchain adoption, according to Minsheng Bank’s chairman
China Stocks Plummet Despite 1.2 Trillion Yuan Injection to Mitigate Effects of Epidemic
3.2.2020
China’s stock market plunged Monday under selling pressure accumulated during a prolonged holiday. Investors have been worried by the coronavirus outbreak that’s already taken the lives of more than 360 people. Beijing authorities have responded by pumping well over a trillion yuan into...
Are CBDCs the Right Way Forward? Moving Towards a Global Currency for a Global Economy
29.1.2020
As Central Banks across the world are increasingly considering venturing into the virtual currency space, it is worthy to consider whether central bank-issued digital currencies (CBDCs) are the right way forward as we move towards a global currency in an increasingly global economy. The Ethos...
Coinbase and Ripple Execs Unveil Master Plan to Drive US Crypto Adoption
28.1.2020
Coinbase and Ripple execs unveil their master plan for driving US crypto adoption
How Does Staking Economy Work?
26.1.2020
Everybody seems to be talking about cryptocurrency staking nowadays. As it continues to grow in popularity, exchanges all over the world seem to be lining up to offer their customers staking services – with no shortage of takers among their clientele.
Indeed, Mirko Schmiedl, CEO...
WEF and PwC Report: Nature Risks Threaten Businesses and Economy
24.1.2020
A new report by the World Economic Forum (WEF) in collaboration with Pricewaterhouse Coopers (PwC) makes a case for why the environmental crisis will directly and significantly impact primary, secondary and tertiary businesses, and therefore disrupt the markets and the economy. Titled Nature Risk...
This Virginia Lawmaker Argues Blockchain Can Boost Local Elections, Economy
23.1.2020
House of Delegate member Hala Ayala wants Virginia to seriously consider blockchain for the future of elections and the economy
India Faces a New Hurdle: An Economic Slowdown
20.1.2020
As a majority of the world’s leading economies are anticipating a recession, India has not been spared. The Indian economy is also in shatters for the last few years. The recent Government estimates have indicated a growth rate at as low as 5% that is the weakest since 2009. Indian Government...
Monopoly Is a Tiny Darknet Market With Big Aspirations
18.1.2020
There’s a certain irony in the smallest market on the darknet being named Monopoly. With less than 150 listings, the monero-friendly Monopoly Market is anything but. What this tiny darknet market (DNM) lacks in size, however, it makes up for in spirit. The cypherpunk ethos permeates this...
Russia’s New Prime Minister Has an Opinion of Cryptocurrencies
17.1.2020
The Russian Federation has a new prime minister, Mikhail Mishustin, with a track record of statements regarding cryptocurrencies and an affection for digitalization. A stated goal of his government will be to turn the country into a digital platform “for the people.” Time will tell...
Crypto Exchange Bithumb Takes Korean Tax Authority to Court Over $69 Million ‘Groundless’ Tax
17.1.2020
Bithumb, a major crypto exchange in South Korea, has taken the country’s tax authority to court over a “groundless” tax imposed on the exchange. Experts explain that currently there are no grounds to tax crypto transactions in South Korea and existing tax laws do not apply...
Direct Democracy Party to Solve Issues With Crypto Rights in Russia
16.1.2020
A new political force is being born in Russia out of the country’s tech business circles. The idea has been conceived by representatives of the country’s growing digital economy sector who want to embark on finding solutions to numerous issues that concern the crypto space. Also read:...
Unnecessary Evil: How Government Regulations Kill Crypto Startups and Encourage Crime
16.1.2020
Thanks to the EU’s most recent money laundering directive, a small business called Post-a-coin, which sold cute postcards pre-loaded with tiny amounts of bitcoin, is being forced to shut down. Meanwhile, the most heinous criminals in history are continuing to facilitate violence, trafficking...
Russia’s New Prime Minister Sets Course for Digital Economy
16.1.2020
Russia’s new Prime Minister, Mikhail Mishustin wants the country to develop its digital economy
IIF Report Predicts Global Debt Will Reach New All-Time High of $257T in 2020
15.1.2020
Global debt records were broken in 2019, but that likely won’t be the end of such ominous economic milestones, the Institute of International Finance (IIF) predicts. The number could reach $257 trillion sometime in Q1 2020, according to a recent report by the group. Economies worldwide...
Why the Counter Economy Is Necessary to Bitcoin’s Survival as a Disruptive Currency
9.1.2020
As Bitcoin is adopted by more and more traditional financial institutions, and becomes regulated by governments worldwide, the question of its survival as a truly disruptive alternative to legacy financial systems is raised. After all, if governments like Qatar’s can ban it, and international...