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More Signs the Next Big Financial Crisis May Begin in Germany
3.8.2019
Germany, the locomotive of Europe’s huge economy, is entering a difficult period, various indicators suggest. And when the Federal Republic sneezes, the Old Continent usually catches cold. This time, Germany may infect the rest of the world as well. An economic and financial crisis there...
Banks Stopped Walmart Bank – Now the Retail Giant Hits Back With Crypto
2.8.2019
On August 1, it was discovered that the giant retail corporation Walmart has patented plans for a stablecoin that’s backed by U.S. dollars. If released into the wild, the USD-based cryptocurrency would be issued to select Walmart retailers and partners while the patent’s description...
Market Outlook: Crypto Prices Consolidate as Economic Uncertainty Looms
28.7.2019
Digital currency markets have been meandering sideways for a few days as most of the top crypto prices have been consolidating. Some traders believe there will be a big bullish rise after the current slump, while others think crypto prices may sink even lower. Amidst the crypto market uncertainty...
Africa’s Interest in Bitcoin Remains High as 15 States Plan to Adopt the ‘Eco’ Currency
2.7.2019
By 2020, a large group of West African countries plan to adopt a single fiat currency called the eco. After a meeting in Abuja held on June 29 between the 15 member-country regional bloc, the implementation of a new single currency, after debating the monetary unit for years, was agreed. Despite...
Dubai Is All Set To Continue To Be One Of The Hubs For Growth Of SMEs
2.7.2019
Over the course of the last few decades, the Emirate and city of Dubai in the United Arab Emirates has become one of the biggest business and financial hubs in the region. During that period, some of the biggest businesses from across the world have set up shop in the city, and it had enjoyed...
Side Effects of Economic Growth: Is Snowden Right to Say Bitcoiners Shouldn’t Be Bankers?
1.7.2019
Growth is a goal that’s worth achieving, in most cases, and the current economic paradigm favors it. But when central banks start undermining their fiat economies and crypto companies begin to mimic financial institutions in its name, growth becomes an end in itself with self-destructive...
BCH Can Be the Global Coin for Daily Spending, Says Italian Crypto Executive
23.6.2019
Italy has had its share of economic problems in the past decade and a growing number of its citizens blame the euro for their country’s misfortunes. Italians, many of whom still prefer to use cash, are now turning their attention to cryptocurrencies such as BCH. Federico Pecoraro, the CEO...
Consumer Affairs Report Shows 70% Spike in Japanese Crypto Inquiries
20.6.2019
Japan’s Consumer Affairs Agency (CAA) has released its 2019 report and noted a significant spike in inquiries concerning cryptocurrency related issues last year. The report details a 70% increase in 2018 in regard to consumer queries largely stemming from exchange issues. Moreover, over...
CBDCs of the World: The Benefits and Drawbacks of National Cryptos, According to Different Jurisdictions
19.6.2019
State-backed digital currencies are widely discussed among many countries worldwide, from China to Tunisia. Here are some major examples of CBDCs from different parts of the world
Coinbase Custody Disclosed That It Holds 1.3 Billion Of Crypto In Assets Under Custody
16.6.2019
In a twitter thread published the news by Coinbase Custody posted on June 13 – 3/ “There’s a narrative out there that institutional-grade services don’t exist in crypto. This isn't true. Coinbase Custody is a regulated, insured and secure custodian. We have $1.3bn AUC and expect to hit $2bn...
Russia Is Getting Serious About Blockchain, but Remains on the Fence About Cryptocurrencies
16.6.2019
Russia is getting bullish about blockchain, which was one of the main topics at a local economic forum. Cryptocurrencies seemed less favorable there, however — learn more in our recap
Overstock Subsidiary to Help Liberia Digitize Services, Boost Economy with Blockchain
10.6.2019
Overstock subsidiary Medici Land Governance has signed a memorandum of understanding with Liberia to help the African nation digitize government services
In a World Where Central Planners Push Debt, Cryptocurrencies Look Better Every Day
6.6.2019
Economists have been predicting a worldwide recession which could pose a risk to financial stability throughout various countries. Fear of an economic downturn has caused the central bank of Australia to cut interests rates on Tuesday and both the U.S. Federal Reserve and the Reserve Bank of India...
Dark Side of Digital Economy – Evil Uses of Blockchain Technology and Cryptocurrencies
31.5.2019
Blockchain Technology and cryptocurrencies have revolutionized the world completely. With every passing day, researchers are coming up with newer use cases for blockchain and crypto, which makes them highly desirable for the future. However, everything in this world, even that which seems to be...
New Zealand Prioritises Wellbeing Over Economic Growth with $2.5 Billion Budget
30.5.2019
As far as revolutionary budgets are concerned, there have been plenty of them over the years, but it seems New Zealand has outdone itself by announcing a budget that is going to have a larger focus on mental health issues and poverty alleviation. In this regard, it is necessary to point out that...
President of Germany’s Central Bank Warns of Serious Outcomes of Digital Currencies
29.5.2019
The president of Germany’s central bank has warned about the potential risks of introducing digital currencies
South Korea Finds Itself in a Tough Spot Following Huawei Ban
29.5.2019
The banning of Huawei by the United States has sparked off a meltdown in the markets, but it has also made life uncomfortable for a range of countries which fear diplomatic awkwardness due to the issue. South Korea is one such nation, and currently, the Asian country finds itself in a tough spot...
Dithering U.S. Regulators Risk Causing a Brain Drain to Friendlier Crypto Climes
28.5.2019
Cryptocurrency companies in the United States aren’t happy. Token issuers, exchanges, and VCs are up in arms about vague and contradictory guidance on crypto asset regulation. Should the U.S. fail to update its archaic securities laws, they warn, there is a risk of top talent making an exodus...
Countries Suffering From Rapid Inflation Show Significant Demand for Cryptos
28.5.2019
Cryptocurrencies have been trending upwards in price over the last few weeks, but in certain countries around the world digital assets have become far more valuable. For instance, in Argentina, the nation’s sovereign currency has lost considerable value and cryptocurrencies like BTC...
German Authorities Ask Banks to Keep Aside $5.9 Billion Over Possibility of a Slump
28.5.2019
One thing that has been proven beyond a shadow of a doubt is that the German economy is in the middle of a slowdown and industrial growth has been tepid over the past few months. In addition to that, the country’s relatively robust banking industry has also been going through a bit of churn,...