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Major Meeting of Central Banks Produces Same Old ‘Evaluating’ CBDCs Refrain
19.10.2020
CBDCs continue to draw attention from central bankers, but panelists at an IMF event – including the Fed Reserve – do not expect to see their nations launch one soon
Peter Schiff’s Euro Pacific Bank Under Investigation by Tax Authorities in 5 Countries
19.10.2020
Euro Pacific Bank, founded by gold bug and bitcoin skeptic Peter Schiff, is reportedly under investigation by the tax authorities of five countries. The bank’s customers allegedly include several tax fraud masterminds and a Russian syndicate described by the FBI as the world’s worst...
Ex-Coinbase, BitFlyer Lawyer Joins Anderson Kill
19.10.2020
Hailey Lennon joins a team of 10 other lawyers who practice in the space, including Stephen Palley, Preston Byrne, and Bob Cornish
IMF Says CBDCs Have Potential, But Don’t Solve Every Issue
19.10.2020
Countries might benefit from issuing central bank digital currencies, but they’re not a panacea for every ailment, a new IMF report says
Digital Ruble Could Be Tool Against Sanctions, Bank of Russia Says
19.10.2020
Russia's central bank says a digital ruble could make Russia less dependent on the U.S. dollar and more resistant to foreign sanctions
Latvian regulators warn public about cryptocurrency fraud
19.10.2020
Crypto remains under-regulated, so Latvian investors need to be extra vigilant, says the FCMC
First Users Not So Impressed by China’s Digital Yuan: Report
19.10.2020
A recent giveaway of China's in-testing central bank digital currency has reportedly left recipients wondering why they should swap from existing solutions like Alipay
Bitcoin Critic Peter Schiff’s Bank Under Spotlight in Global Tax Probe
19.10.2020
A Puerto Rico-based bank founded by long-time bitcoin skeptic Peter Schiff is under investigation over suspicions it facilitated tax evasion
Filecoin Miners Go On Strike One Day After Mainnet Launch, Prompting Early Reward Release
19.10.2020
Some of the largest Filecoin miners stopped mining on Saturday, complaining the project’s mining incentive scheme has made it impossible for the miners to start operations
Bitcoin Adoption Soars in Turkey Amid High Inflation, Lira Hitting Record Low
19.10.2020
People in Turkey are increasingly turning to bitcoin as the local currency, the Turkish lira, recently hit another record low against the dollar. Bitcoin adoption in Turkey outshines other countries in the region. Turkey Is Regional Leader in Bitcoin Adoption Bitcoin adoption has been increasing...
Pelosi Says It’s Tuesday or Bust if White House Wants a Pre-Election Stimulus Package: Report
18.10.2020
The Democratic House Speaker said if a deal isn't reached by Tuesday evening, a package won't be likely before Nov. 3
Wanted: Economist for Digital Currencies, Fintech as Bank of Canada Studies a Possible CBDC
18.10.2020
The move comes as the central bank continues to research how a central bank digital currency would work as well as the possible risks
Stellar CEO to Be Part of IMF Panel on Cross-Border Payments
18.10.2020
The panel will discuss the private-sector's role in addressing shortcomings of cross-border payments
FSB Report Says Stablecoins Promote Financial Inclusion: Urges Regulators to Tighten Laundering Controls
18.10.2020
The Financial Stability Board (FSB) says stablecoins have the potential to enhance the efficiency of the provision of financial services. The body adds that the hybrid cryptocurrencies have the potential to bring efficiencies to payments (including cross-border payments) as well as to promote...
Cryptocurrency ETFs: SEC Wants to Facilitate Tokenized Products
17.10.2020
The U.S. Securities and Exchange Commission (SEC) wants to facilitate tokenized exchange-traded funds (ETFs), according to chairman Jay Clayton. The agency is collaborating with other U.S. regulators to determine how to regulate different crypto products. SEC Open to Tokenization of ETFs...
Cryptocurrency Is Just a Minor Threat to the State
17.10.2020
States still have the armies, the police and – on a good day anyway – democratic legitimacy. All of that still matters, and will for a long time
E-Krona or Bust, Says Sweden’s Chief Central Banker, Trying to Drag Swedish Govt Into Digital Age
16.10.2020
Riksbank Governor Stevan Ingves sees a Swedish digital currency as an imperative for his central bank
Bank of Spain to Weigh Digital Currency Design Proposals, ‘Implications’ Through 2021
16.10.2020
The "priority" research comes as Spain weighs a global pivot to digital economies
How DeFi Can Avoid the Irrelevance of P2P Lending and Crowdfunding
16.10.2020
To avoid the fate of other p2p projects, DeFi protocols need incentives and feedback loops so users choose open-source over closed systems
Digital Euro Within Decade ‘Very Likely,’ Says Finland’s Chief Central Banker
16.10.2020
Olli Rehn believes a digital euro "in one form or another" is all but inevitable