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$135B Injection from European Central Bank Dwarfs BTC Market Cap
12.3.2020
Following similar efforts from the U.S., the ECB plans to inject $25 billion more than Bitcoin’s entire market cap into finance
Down 26%: Bitcoin Sees Worst Sell-Off in 7 Years as Coronavirus Spurs Flight to Safety
12.3.2020
Bitcoin suffered its biggest drop in seven years, as fears over the spreading coronavirus triggered a new wave of selling in everything from stocks and junk bonds to cryptocurrencies
Chase Bank Settles on Credit Card Crypto Transactions Class Suit
12.3.2020
US-based Chase Bank has settled an agreement with a class of customers who claim the bank billed their credit card cryptocurrency transactions by classifying them as expensive cash advances without prior warning.
Chase’s customers Brady Tucker, Ryan Hilton, and Stanton Smith accused the bank...
Chase Bank Settles Suit Over ‘Sky-High’ Credit Card Charges for Crypto Purchases
12.3.2020
The bank had allegedly charged the plaintiff over $160 in fees and interest for regularly purchasing cryptocurrencies
Digital Pound Could Present ‘Challenges’ for UK, Says Mark Carney
12.3.2020
The outgoing governor of the Bank of England highlighted the potential risks to monetary governance if a central bank digital currency were to be launched in the U.K
JPMorgan Chase Settles in Suit Over Credit Card Crypto Purchases
12.3.2020
JPMorgan Chase has settled a $1 million lawsuit with three men over abrupt changes made to its credit card fees for crypto purchases in 2018
As NY Fed Promises More Cash, What Will Christine Lagarde Do?
11.3.2020
Bitcoin prices slid for a fifth straight day, but the bigger news is what the NY Fed and Christine Lagarde's ECB do next
That Noise You’re Hearing? Central Banks Struggling to Evolve
11.3.2020
Noelle Acheson looks at the evolving role of central banks in the context of the current crisis, and what that could mean for crypto
Bitcoin Steadies as Bank of England Suddenly Cuts Rates to 11-Year Low
11.3.2020
The UK’s central bank has stunned markets with a rate cut to just 0.25% — the most since the tail end of the 2008 financial crisis
Exclusive: A Major French Bank Is Blocking Customers From Using Coinbase
10.3.2020
Initial reports suggest that French bank BNP Paribas has blocked customers from transferring funds to Coinbase
Eastern Caribbean Stock Exchange to Trial Tokenized Security Offerings
10.3.2020
The digital asset trading platform will support BTC and ETH trading, and will be accessible to international investors
Previously Crypto-Only BlockFi Adds Cash On-Ramp Through Silvergate Partnership
10.3.2020
Crypto lender BlockFi now supports cash deposits
China Injects $4.7M into Central Bank’s Blockchain Trade Finance Platform
9.3.2020
Thirty-eight banks have started using the platform since it entered the test phase in September 2018
China’s Central Bank to Inject $4.7M into Blockchain Trade Platform
9.3.2020
China’s blockchain trade platform has facilitated $12.4 billion in transactions between 38 banks and 1,900 firms since 2018
Yes Bank Falls: Is the Banking Crisis in India a Blessing in Disguise for the Crypto Industry?
9.3.2020
The world is moving towards a big recession, and the recent banking crisis in India testifies it. In a span of a couple of years, several banks in India have either lost a significant amount of money or have shut down completely. The country is now the highest NPA ratio in the world, and the …
Rumors of Bitcoin’s Death Are Greatly Exaggerated
9.3.2020
According to the Bitcoin Obituary Page, Bitcoin died 379 times between 2010-2019 of an astonishing array of causes. The number is undoubtedly understated since it is based on a limited sample of obituaries. Despite the glee with which the corpses of Bitcoin are contemplated, however, cryptocurrency...
Central Bank Officials: DLT Can Improve the Global Financial System
8.3.2020
An IMF official is concerned that central banks may be rushing to develop blockchain systems without properly vetting the technology first
Countries That First Outlawed Crypto but Then Embraced It
8.3.2020
These countries have made a dramatic turnaround in their views on crypto
‘Crypto-Friendly Bank’ Blocked Your Money? Good Luck Recovering It
8.3.2020
Sooner or later, you may be blocked out of your bank account. It can happen to any of us, and it can even happen with supposedly crypto-friendly “banks,” such as Bitwala, Revolut, and more.
The question is: what should you do if such a company freezes or blocks your account? Well, according...
Nigerians Can Now Buy Bitcoin With Cash From Stores and ATMs That Take Naira
8.3.2020
If there’s a place where cryptocurrencies draw significantly more attention than anywhere else right now, it has to be Nigeria. Africa’s largest economy is driven by its oil exports, expanding manufacturing, financial services, communications and information technology sectors, but also...