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Dispelling the Myth That Bitcoin Proponents Want a Cashless Society
2.8.2020
Bitcoin and a great number of other cryptocurrencies are electronic versions of currency. Many people falsely assume that crypto proponents are for a cashless society and this is certainly not the case. If we removed the central banks’ printing fiasco and the inflationary practices from cash...
Major Chinese Banks Bar Customers From Buying Gold, Precious Metals
1.8.2020
Major Chinese banks have taken measures to prevent customers from buying gold, platinum, palladium, and other precious metal-related products through them. The Shanghai Gold Exchange also says it may take necessary measures to curb gold trading to “protect investors.” Chinese Banks...
Law Decoded: Big Tech, Central Banks and the Hunt for Monopolies, July 24-31
31.7.2020
The leaders in this week’s policy news focus on some case studies in power accumulation that more than anything show why decentralization tech matters
As Gold Touches New Highs Investors Face Storage Issues, Market Dilution, Threat of Seizures
31.7.2020
During the last few weeks, gold has skyrocketed in value over the concerns fueled by the faltering global economy. Despite the fact that gold has always been a safe-haven, many investors are looking to bitcoin because they fear central banks will dilute the market or even confiscate the gold. Prior...
Mastercard and Visa Are Making Bold Moves Toward Mass Crypto Adoption
31.7.2020
Global payment processors Mastercard and Visa are laying the foundations for crypto support that may drive adoption on a global scale
Fidelity Digital Assets Quotes Bitcoin Creator Satoshi Nakamoto in Latest Investment Thesis
31.7.2020
Fidelity Digital Assets (FDA) quotes Satoshi Nakamoto in its latest investment thesis report. The thesis is part of a series of reports examining the perspectives driving interest and investment in bitcoin. FDA is affiliated with Fidelity through parent company Fidelity Management & Research...
Stimulus Is Failing: Global Banks to Break Support Levels, US Dollar Plummets to 2-Year Low
31.7.2020
Central banks worldwide have injected further stimulus into the economy, as European Union (EU) leaders recently approved a $2.1 trillion budget, the Bank of England boosted stimulus injections in mid-June, and the Federal Reserve announced on Wednesday that it would keep lending until the end...
Russian Interest in Paxful’s P2P Platform Surges 350%
31.7.2020
Paxful has released data showing growing usage of its peer-to-peer trading platform in Russia
US Banks Get Crypto Custody Nod, but Instant Demand Surge Is Unlikely
30.7.2020
Announcement by U.S. OCC to fuel business opportunities for crypto exchanges, custodians and traditionals banks
Central Banks Are Privacy Providers of Last Resort
30.7.2020
If central banks issue digital currencies, they'll be thrown into a debate about financial privacy in the modern era. Is that what they want?
Comparing Money Laundering With Cryptocurrencies and Fiat
30.7.2020
Laundering money with Bitcoin is actually an ineffective strategy because of its complexity and high risk
Bitcoin Tops $11,000 Reigniting Interest in India
30.7.2020
A resurgent bitcoin is rekindling Indian interest in cryptocurrencies with reports suggesting many dormant holders are back to trading. A report in Livemint is also attributing the piqued interest to a recent Indian supreme court decision to overturn a prohibition that barred banks from dealing...
Dubai Debuts Nationwide Data Platform Powered by Blockchain
29.7.2020
The United Arab Emirates is debuting a blockchain-based Know Your Customer, or KYC, platform
US Bank Regulator: Dollars on Blockchain ‘Better Than Central Bank Monopoly on the Payments System’
29.7.2020
Acting Comptroller of the Currency Brian Brooks points to existing stablecoin projects as an example for U.S. payments infrastructure
Open the Floodgates: US Customers to See More Crypto Accessibility
28.7.2020
Digital payment platforms add more cryptocurrency features for U.S. customers, but will big banks take the lead?
Mastercard Exec Accused of Money Laundering Cover-Up at Bank With Ties to Wirecard
28.7.2020
Wirecard has been implicated in a new report on alleged criminal activities by a Mastercard executive operating at the FBME bank in Cyprus
Digital Bank Revolut Adds Stellar to List of Supported Cryptocurrencies
28.7.2020
Users will now be able to buy and sell XLM on Revolut’s platform, the fintech firm announced Tuesday
Private Sector Could Bring Value to Future CBDC Launches, Says IMF Official
27.7.2020
A director at the IMF has spoken of the value the private sector could bring to central bank digital currencies, should they be adopted by nations
85% of Italian Banks Are Exchanging Interbank Transfer Data on Corda
27.7.2020
Banks across Italy are using R3’s Corda blockchain to vastly speed up the process of double-checking transaction logs
Visa Moving to Integrate With Digital Currency Platforms
26.7.2020
Visa says it is working to integrate digital currencies with its existing global network of 61 million merchants. The global payments technology giant is working with two licensed and regulated digital currency platforms, Coinbase and Fold. In a blog post, Visa says the emergence of fiat-backed...