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Egypt Limits Bank and ATM Withdrawals Citing Rampant Cash Outflow and Coronavirus Fears
30.3.2020
On Sunday, the Central Bank of Egypt (CBE) announced it had instructed financial institutions in the country to put withdrawal limits in place for cash. Regional reports disclose that Egyptian residents can only withdraw 10,000 Egyptian pounds ($640) and businesses can only withdraw 50,000 pounds...
How Central Banks Could Use Digital Cash to Deliver Universal Basic Income
30.3.2020
Central banks are well placed to deliver regular, no-questions-asked monthly payments to everyone, and to manage any ensuing inflation
French Central Bank Puts Out Call for Digital Currency Experiments
30.3.2020
France's central bank is calling for digital currency proposals with an experiment that moves it to the front of Europe's CBDC debate
‘Bull Run May Not Come Immediately After Bitcoin Halving,’ Says Bitmain’s Jihan Wu
28.3.2020
Bitmain cofounder Jihan Wu’s recent interview discusses some of his predictions concerning the future of bitcoin, mining, the bitcoin halving, and the cryptoconomy. Despite the coronavirus outbreak and its effect on the global economy, Wu is optimistic and he believes the modern central...
While Some Hoard Dollar Bills, Others Envision Germy Cash’s Quick Demise
28.3.2020
Is a cash-based society sustainable in a pandemic? Hoarders say yes. Health experts say maybe. Visionaries say no: It’s a moment for systemic change
After Coronavirus ‘War,’ Bretton Woods-Style Shakeup Could Dethrone the Dollar
27.3.2020
Seismic shifts might be in the offing for the global monetary system — a phenomenon that historically has occurred in the wake of world wars
China and UK’s Planned Digital Currencies Appear to Have Little in Common
27.3.2020
Recent analysis shows that not all central bank digital currencies will be similar in their function or purpose
Is Now the Time to Invest in Bitcoin?
26.3.2020
Mati Greenspan and Michaël van de Poppe explain why now could be an opportune moment to invest in Bitcoin
National Digital Currencies: Not Yet Too Big to Fail
26.3.2020
What obstacles would national digital currencies face, and are there any benefits to launching them?
Printing Money from Thin Air – How the Fed Reduces Purchasing Power and Makes You Poorer
26.3.2020
Unless you have your head in the sand, you’ve probably realized that governments and central banks can print money out of thin air and in unlimited amounts. The United States and the Federal Reserve have been creating money from nothing for years because they had exhausted all their monetary...
China Is Drafting Laws for the Circulation of National Digital Currency
26.3.2020
Amid the coronavirus pandemic, China’s central bank has reportedly completed the basic development of the nation’s central bank digital currency. The central bank is now drafting legislation for its circulation, according to local media. A number of patents have revealed what...
Tone Vays Says Proposed Digital USD is Nothing New
25.3.2020
Tone Vays argues the new U.S. digital dollar proposal is nothing new in the tech category
Russian Ministry Wants to Test Crypto and Blockchain in Regulatory Sandboxes
24.3.2020
Russia’s Ministry of Economic Development is preparing a draft law to allow firms from various industries to experiment with crypto and blockchain in a regulatory sandbox
Coronavirus Bailouts: US Banking Watchdogs Waive Hundreds of Regulations, Red Tape, Financial Oversight
23.3.2020
In 2019, cryptocurrency and blockchain businesses saw more regulation than any year prior. G20 finance ministers, central bank governors, and regulators cracked down hard on the bitcoin industry. However, during the covid-19 scare, U.S. authorities have been dropping regulations on a whim, making...
Zimbabwe U-Turns on Crypto, Looking to Stabilize Local Economy
22.3.2020
Zimbabwe’s central bank is working with crypto and fintech companies to leverage the country’s emerging digital economy amid crippling hyperinflation and currency instability
IMF Weighs the Pros and Cons of a Central Bank Digital Currency
22.3.2020
Tao Zhang, an IMF leader, details the pros and cons of a central bank digital currency, as well as a hybrid solution
4 Reasons Central Banks Should Launch Retail Digital Currencies
21.3.2020
Central banks have four good reasons to adopt digital currency: financial stability, identity management, inclusion and consumer protection
Indian Government Engages RBI to Discuss Cryptocurrency Regulation
21.3.2020
The government of India is reportedly discussing a regulatory framework for cryptocurrencies with the central bank, the Reserve Bank of India (RBI), and the Securities and Exchange Board of India (SEBI). Furthermore, the government is awaiting the outcome of another cryptocurrency case at...
Onchain Data Suggests Bitcoin Sell-Off Fueled by New Investors
20.3.2020
While the covid-19 outbreak has caused economic calamity, cryptocurrencies have regained some of the losses that devastated digital currency markets on March 12. A recent report published by the researchers at Coin Metrics notes the “crypto asset sell-off was driven by short-term...
Countdown to Block Reward Reduction – 18 Days Until Bitcoin Cash Halving
20.3.2020
In 18 days, the Bitcoin Cash (BCH) network will see its next halving as the block reward will decrease from 12.5 to 6.25 coins on or around April 8, 2020. BCH will be the first blockchain out of the top three SHA256 networks to halve as BSV will see a reward reduction two days after […]
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