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Volcker Might Have Said Yes to a Digital Dollar – If He Knew What It Was
12.12.2019
What would the late former Federal Reserve Chair Paul Volcker have thought about digital currencies issued by central banks?
Mnuchin ‘Fine’ With Libra Launch, But Crypto Project Must ‘Fully’ Comply With AML Rules
6.12.2019
Steven Mnuchin, secretary of the U.S. Treasury, has no issue with the launch of the Facebook-led Libra project – as long as financial rules are followed to the letter
RBI Governor Discusses Crypto and Central Bank Digital Currency
5.12.2019
The governor of the Reserve Bank of India (RBI), Shaktikanta Das, spoke about cryptocurrency during a press conference on Thursday. He also talked about the prospect of an RBI-issued digital currency, when the time will be right for issuing one, and his view on private digital currencies. Also...
The Fed’s Money Creation System Is Fueling One of the Biggest Heists in History
4.12.2019
Since mid-September, the Federal Reserve has injected three trillion U.S. dollars into the hands of private banks and Wall Street. Despite the fact that massive amounts of money was created out of thin air, the central bank still believes repurchase agreements (repos) are needed to tame...
What the Fed Reserve’s Balance Sheet Expansion Means for Bitcoin
28.11.2019
The U.S. Federal Reserve is again expanding its balance sheet – prominent experts believe that could bode well for bitcoin in the long run
Indian Crypto Industry Optimistic After Binance Enters the Market
27.11.2019
After the delay on proposed blanket ban on crypto and Binance entering the country, are crypto businesses relieved?
Fed Reserve Evaluating Digital Dollar But Benefits Still Unclear, Says Chairman
20.11.2019
Jerome Powell has said his institution is looking into the possibility of developing a digital currency, but the option throws up many policy questions and unclear benefits
Bitcoin Revolution Meets Protestant Reformation, Crypto Drives Change?
17.11.2019
Both times involved a new economic class with something to fight for. From a merchant class trying to break the economic stranglehold of feudal landlords and the church to the millennials
Stablecoins ‘Pose Risk to Financial Stability’ Warns Federal Reserve
16.11.2019
Stablecoins only “complementary” if they obey regulators, suggests Fed
Stablecoin Crisis Could Wreck Global Finance, Fed Warns in New Report
15.11.2019
The Fed warned that a stablecoin crisis could wreak havoc on the global economy and outlined the steps issuers must take to protect the status quo.
BTC Miners: No More Basement Rigs, Greater Profits to Come
7.11.2019
As Bitcoin firms add to their arsenal, it seems there’s no stopping the BTC mining industry. But is it still profitable in 2019?
Crypto Secularizes Wealth by Returning Power to the People
5.11.2019
Secularization is the process of converting something from a religious status to a nonreligious one. In its usage here, the word “religious” has no necessary connection to a deity. The word refers to the mystification of a thing in order to elevate it to the status of the divine where...
US Federal Reserve Hiring New Manager to Research Digital Currencies
5.11.2019
The U.S. Federal Reserve is hiring a manager for its Retail Payments section to research digital currencies and stablecoins
US Federal Reserve Hiring Retail Payments Manager to Integrate Digital Currencies
5.11.2019
The central bank is expanding the role of its Retail Payments Manager to include digital currencies, stablecoins and distributed ledger technologies as part of a new hire
US Federal Reserve Hiring Retail Payments Manager to Research Digital Currencies
5.11.2019
The central bank is expanding the role of its Retail Payments Manager to include digital currencies, stablecoins and distributed ledger technologies as part of a new hire
Do You Know the Newspeak of the Looming ‘NIRP’ Economic Meltdown?
1.11.2019
Negative and zero interest rate policy (NIRP and ZIRP) are becoming a new global norm. Endless printing of paper money is said to make economies stronger, while everyday individuals are seeing their savings worth less and less. These policies were traditionally viewed as last ditch, temporary...
China Is Pushing Blockchain Adoption, Seizing the Momentum From US
30.10.2019
In the wake of China’s recent decision to push blockchain adoption across its borders, industry experts speak out
More Filthy Fiat: Two Dozen Central Banks Ramp up the Printing Presses
29.10.2019
The global economy seems to be heading toward a financial crisis fueled by central planners that could devastate markets worldwide. This year onlookers are witnessing the largest synchronization of central banks printing massive amounts of fiat or participating in other forms of stimulus....
Why Central Banks Are Not Designed for Democracies
29.10.2019
Through their policies, central banks exert tremendous influence over the socio-economic conditions in a country and its business environment. Their decisions are so powerful that it’s obvious they are part of the government. But most people would be surprised to find out that central banks...
Is China’s New Fascination With Blockchain Really Good for Bitcoin?
27.10.2019
Blockchain development has kind of become an element of the party line in the world’s largest officially communist state. The General Secretary of the Communist Party of China, Xi Jinping, recently told a Politburo meeting that the People’s Republic has to gain an edge in the emerging...