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ECB Board Member: Global Stablecoins Pose Risks to a ‘Fragmented’ Europe
26.11.2019
Global stablecoins could exacerbate existing risks to the “autonomy and resilience of European payments systems,” says the ECB’s Benoit Coeure
Survey: 58% of German Banks Charge Negative Interest Rates
24.11.2019
Germany’s central bank, the Deutsche Bundesbank, has conducted a survey of banks charging negative interest rates on customer deposits. Some are charging retail customers as well as corporate clients. An independent price comparison portal shows which banks are currently charging for deposits...
Chinese Central Bank Plans to Nip Young Crypto Businesses ‘In the Bud’
22.11.2019
China's central bank has formally issued a new plan to crack down on crypto businesses
Got Bitcoin? US Fed Warns National Debt Growth Is ‘Not Sustainable’
14.11.2019
Fed stays soft on “consequences” of $23 trillion debt
Tunisian Central Bank Denies Reports of an ‘E-Dinar’ Digital Currency
12.11.2019
The Central Bank of Tunisia denies reports that it was developing an “e-dinar” digital currency
Generation QE: How Central Banks Create Money From Thin Air
11.11.2019
This year the public has seen a lot of the expansive monetary policy taking place with 37 central banks participating in monetary easing. Unfortunately, most people don’t understand the methods central banks like the Federal Reserve use to increase the money supply and never take the time...
Tax Agencies Worldwide Plan to Crack Down on ‘Dozens’ of Crypto Tax Evaders
10.11.2019
The U.S. Internal Revenue Service (IRS) has revealed the agency is cracking down on “dozens” of cryptocurrency users evading taxes. The IRS has partnered with tax agencies from four other countries in order to make sure tax enforcement strategies are being applied across the map. Also...
What to Expect From the Next Bitcoin Cash Protocol Upgrade
9.11.2019
On November 15, shortly after 12 p.m., Bitcoin Cash (BCH) will execute an upgrade of the network’s consensus rules. After the upgrade is locked in, the next block will enforce minimal pushdata in script and the opcodes OP_Checkmultisig and OP_Checkmultisigverify will be upgraded to accept...
QE Infinity: 37 Central Banks Participate in Stimulus and Easing Practices
9.11.2019
Since the last week of October, a great number of central banks have been slashing interest rates, joining the massive synchronization of monetary easing worldwide. This year more than two dozen banks have used easing tactics and in the last two weeks alone central banks from Costa Rica, Hong Kong...
EU Reaffirms Potential Move to Block Facebook’s Cryptocurrency
6.11.2019
The European Union will impede the development of Libra if it judges the project to pose excessive risks
New Hire to Head Digital Currency Research at the US Fed
5.11.2019
The United States Federal Reserve is looking to employ a Manager, Retail Payments, part of whose responsibilities will be to oversee the research of digital currencies and distributed ledgers. The job ad has been published amid pressure from Capitol Hill to explore the possibilities of issuing...
Huawei Signs Deal With Digital Currency Research Unit of China’s Central Bank
4.11.2019
Huawei has signed a strategic cooperation agreement with the People’s Bank of China’s Digital Currency Research Institute
23 Central Banks Divulge Their Digital Currency Requirements
2.11.2019
Twenty-three leading central banks participated in an in-depth survey on their digital currency developments and requirements, including fungibility, convertibility, and availability. They also discussed the timeframe for issuing consumer-ready central bank digital currencies and divulged their...
More Filthy Fiat: Two Dozen Central Banks Ramp up the Printing Presses
29.10.2019
The global economy seems to be heading toward a financial crisis fueled by central planners that could devastate markets worldwide. This year onlookers are witnessing the largest synchronization of central banks printing massive amounts of fiat or participating in other forms of stimulus....
Why Central Banks Are Not Designed for Democracies
29.10.2019
Through their policies, central banks exert tremendous influence over the socio-economic conditions in a country and its business environment. Their decisions are so powerful that it’s obvious they are part of the government. But most people would be surprised to find out that central banks...
Chinese Central Bank Official Calls for Commercial Bank Blockchain Adoption
28.10.2019
A Chinese central bank official has called on commercial banks to adopt blockchain technology in digital finance
The Big Lie Perpetuated by Central Banks
27.10.2019
The central banking system controls monetary policy within a given jurisdiction, including the creation of money itself. The system is a lie and a denial of reality. The lie is political in motivation and content, and the denial of reality is rooted in culture and philosophy. Also read: Bitcoin...
Stanford Prof: Crypto Will Rain on Banks’ Low-Interest Rate Parade
25.10.2019
A professor at Stanford Graduate School of Business says cryptocurrencies will inevitably upend the banking sector
Mario Draghi Leaves European Central Bank Without Ever Raising Interest Rates
24.10.2019
Preparing for a change at the top, the European Central Bank has decided to keep interest rates on hold and at their all-time lows. Mario Draghi, who had his last monetary policy meeting as president of the ECB, is leaving after an eight-year term during which key rates were never raised. At...
Rich Dad Poor Dad Author: Bitcoin Is Messing Into the Fed’s Territory
24.10.2019
Rich Dad Poor Dad author Robert Kiyosaki says Bitcoin is “one of the most powerful banks ever created,” making for a “very exciting time”