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Bitcoin Is More ‘Public’ Money than Central Bank-Issued Fiat Currencies
11.4.2021
If you’ve read a research or policy paper from a government or central bank in recent years, you may have noticed an interesting distinction such institutions tend to make when it comes to money. They like to refer to national fiat currencies as ‘public money’ and cryptocurrencies — as well...
An ECB Board Member Attacks Bitcoin, Says It ‘Does Not Fulfill the Basic Properties of Money’
10.4.2021
Isabel Schnabel, a board member with the European Central Bank (ECB), has attacked bitcoin claiming the crypto asset “does not fulfill the basic properties of money.” She also describes bitcoin as a “speculative asset without any recognizable fundamental value and is subject...
Report Claims Ukrainian Officials Hold Over $2.6 Billion in Bitcoin
10.4.2021
The latest declarations from Ukrainian public officials revealed a billion-dollar amount of money they allegedly own in bitcoin. An online incentive gathered data from 791,872 state employees and 652 respondents disclosed their crypto holdings. The Biggest Crypto Holder in the Report Has 18,000...
Terrorists still raise money through crypto, but the impact is limited
9.4.2021
Evidence suggests crypto’s role in terrorism remains relatively minor: “It has not yet become a primary means of terror financing.”
Prepare For 'Uncertain Future of Money' – US Intelligence Center
9.4.2021
America’s National Intelligence Council, a mid- and long-term strategic planning center, has issued a warning to the USA and its allies about “threats” to the dollar and the euro from stablecoin projects and “privately issued digital currencies.”
In its latest four-year report, named “Global Trends...
DeFi’s money markets are finally luring in institutional investors
8.4.2021
The explosive growth of DeFi’s money markets over the last few years has finally gotten the attention of institutional investors
CEO of biggest crypto exchange has ‘close to 100%’ of net worth in crypto
7.4.2021
Binance founder and CEO Changpeng Zhao is placing his bets on crypto
Coinbase would have earned $2B just buying Bitcoin with its seed money
7.4.2021
The largest cryptocurrency's 200% CAGR presents a serious challenge to even the most successful crypto business strategies
How banks can identify money laundering involving crypto, explained
7.4.2021
What are the tools that banks and financial institutions need to identify money laundering involving crypto? This explained guide reveals all
Financial Guru Dave Ramsey Advises What to Do With Bitcoin Investments
5.4.2021
Personal finance expert Dave Ramsey has given some advice on what to do with bitcoin investments. While acknowledging that the cryptocurrency has had a “fabulous” run, Ramsey still prefers putting his money in more “proven” investments. Dave Ramsey Still Not a Fan of Bitcoin...
Billionaire FOMO: Famed Norwegian Billionaire Investor Capitulates After Seeing Another Embrace Bitcoin
4.4.2021
Norwegian billionaire Øystein Stray Spetalen, who once called bitcoin “nonsense,” has reportedly capitulated and invested in the cryptocurrency after seeing another billionaire in Norway embracing bitcoin. He has also invested in a local crypto exchange. “When the facts...
Ripple Partner Mercury FX Accepted Into ‘First Cohort’ of a South African Regulatory Sandbox
4.4.2021
South Africa’s Inter-governmental Fintech Working Group (IFWG) recently accepted Mercury FX, a UK-based e-money firm, into the first cohort of its regulatory sandbox. The firm, which harnesses the Ripplenet blockchain, says it wants to demonstrate its technology’s ability “to...
Hong Kong Security Crackdown Leads to Record Capital Outflows— Residents Reportedly Used Cryptocurrencies to Move Funds
31.3.2021
The Canadian anti-money laundering agency, Fintrac, says it recorded official capital inflows originating from Hong Kong that totaled more than $34 billion in the past year. The outflows, which are the highest since 2012 when the earliest Fintrac records are available, “are the first evidence...
Digital euro could take four years, says ECB president Christine Lagarde
31.3.2021
The ECB will decide whether to proceed with digital euro pilots by mid-2021, Lagarde said
African Migrants Are Turning to Cryptocurrency Platforms for ‘Low-Fee Remittances’
31.3.2021
As central banks on the African continent fight to keep cryptocurrencies from going mainstream, many more migrant workers are increasingly turning to money-sending platforms that use cryptocurrencies when moving funds across borders. More Than Just an Investment Thus in addition to becoming...
Defi Venture XFai Reveals Liquidity Generation Event, Project Backed by Angel Investor Roger Ver
30.3.2021
Decentralized finance (defi) has seen extreme demand and innovative use-cases during the last 12 months. Defi oracles, decentralized exchange (dex) platforms and automated money makers (AMM) have swelled in value, as statistics show over $43 billion is locked into defi protocols today. Meanwhile,...
Tether stablecoin is fully backed, says new assurance report
30.3.2021
Tether’s reserves for its USDT stablecoin exceed the amount required to redeem the digital asset tokens, according to auditing firm Moore Cayman
Bitcoin market cap exceeds Canada's M1 money supply once again
30.3.2021
The Bitcoin market capitalization is once again sufficient to cover the M1 money supply of either Australia or Canada
Digital ruble is ‘highest form of money’, Russian Bitcoin critic says
30.3.2021
The digital ruble will become an integral part of national settlements by 2023 or 2024, Anatoly Aksakov of the Russian State Duma predicted
Stablecoin reserves on crypto exchanges hit new historic high of $10B
29.3.2021
Cryptocurrency exchanges continue accumulating massive amounts of stablecoins like Tether and USDC Coin