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Market Outlook: Golden Cross Invalidated, Andreessen Horowitz Predicts ‘Fourth Crypto Cycle’
24.5.2020
The price of bitcoin and a number of other popular cryptocurrencies have been collectively holding a market valuation of around $255 billion. The fiat value of these cryptocurrencies has slipped downwards during the last four days. Despite the weekly losses of around 3-6%, many digital currency...
Carl Menger: The Nature and Origin of Money
23.5.2020
In the early stages of trade, when economizing individuals are only slowly awakening to knowledge of the economic gains that can be derived from exploitation of existing exchange opportunities, their attention is, in keeping with the simplicity of all cultural beginnings, directed only to the most...
Iranian President Calls for Launching a Cryptocurrency Mining Strategy
23.5.2020
Iranian President Hassan Rouhani has called for a mining strategy throughout the oil-rich nation. The latest statements from the Iranian President follows Iran’s moves to restrict specific crypto trading platforms over “currency smuggling” mandates. On May 20, 2020, Iran’s...
Louisiana State Senate to Consider Crypto Business Licensing Bill
22.5.2020
The Louisiana State House of Representatives passed a bill on Wednesday to regulate and license virtual currency businesses. A Senate committee will now evaluate the proposal
Money Reimagined: Designer Money for a Machine-Run Post-COVID World
22.5.2020
The pandemic is likely to accelerate a shift to automation, putting people out of work and raising the need for new types of money
Trump's Fed Nominee Advocates a Gold-Backed Currency, Even a Crypto One
21.5.2020
Judy Shelton, President Trump's nominee for the Federal Reserve board of governors, has advocated for getting back to a gold standard, possible "in a very cryptocurrency way."
Grayscale’s Bitcoin Holdings Pass $3 Billion, Growing 76% Year-on-Year
20.5.2020
American digital asset management fund Grayscale has continued to grow, with the total assets under management hitting $3.8 billion
A Former Coinbase Lawyer Is About to Become Acting Head of US Bank Regulator
20.5.2020
Brian Brooks, a former Coinbase lawyer and the No. 2 at a U.S. banking regulator, may soon take the top job – at least, temporarily
Retail Investors Branch to Altcoins: ‘60% of Coinbase Customers Start With Bitcoin, Only 24% Stick Exclusively’
20.5.2020
On May 13, the San Francisco-based cryptocurrency exchange, Coinbase published a report that shows digital currency investors are investing in alternative cryptocurrencies despite bitcoin’s 67% market dominance. Data from Coinbase shows that customers with at least five crypto purchases...
Iran Moves to Restrict Crypto Exchanges Under ‘Currency Smuggling’ Laws
19.5.2020
Legislation proposed this week would make it increasingly difficult, and risky, for cryptocurrency exchanges to sell bitcoin in Iran
Austrian Bank Raiffeisen Works on National Digital Currency Pilot
18.5.2020
Raiffeisen Bank International is extending collaboration with Polish-British fintech Billon for a new form of blockchain-based national currency tokenization
Central Banks Uninterested in Digital Currency for Consumers, Says Visa Exec
18.5.2020
Digital currency solutions that directly face consumers will not be taken seriously by central banks, according to a Visa executive
Basket Currency Could Be the Answer to Hyperinflation, Says Founder of Saga
17.5.2020
Hyperinflation is inevitable and a basket currency together with Bitcoin might be the remedy, says founder of Saga
Visa Patent Filing Would Allow Central Banks to Mint Digital Fiat Currencies Using Blockchain
15.5.2020
The filing details a way for fiat currencies, like the U.S. dollar, to be turned into a central bank digital currency
Visa Files Patent for Cryptocurrency System to Replace Cash
15.5.2020
Visa International has filed for a cryptocurrency system patent that is meant to replace physical currency. The system, which utilizes both central banks and commercial banks, leverages a private blockchain to improve the payment ecosystem. Visa’s Cryptocurrency Patent Filing The United...
Visa Files Patent Application For Digital Currency
15.5.2020
Visa has filed a patent application to create digital currency — potentially using Ethereum as the blockchain
Generation C: Shanga Mbuli – The Community Currency User
13.5.2020
There’s another upside to using Sarafu over Kenya Shillings during the Covid-19 outbreak – users don’t have to touch it
CipherTrace Wants to Guide Central Banks on Their Digital Currency Projects
12.5.2020
The blockchain analytics firm is launching an initiative to pitch itself to central banks as both a tech partner and a guiding influence on future digital currency projects
Mauritius Central Banker Confirms Island’s Digital Currency Plans
12.5.2020
The Bank of Mauritius is inching closer to issuing a retail-focused central bank digital currency (CBDC), its governor confirmed Tuesday
Main Barrier to CBDC Is Philosophy, Not Tech, Says European Central Bank Rep
11.5.2020
ECB executive board, Yves Mersch, believes that the main impediment for CBDC is philosophical rather than technological