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IMF Deputy Managing Director Tao Zhang on CBDC Benefits and Risks
12.4.2020
Below is a keynote address on central bank digital currency by Tao Zhang, Deputy Managing Director at the International Monetary Fund. London School of Economics, February 28, 2020.
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Tao Zhang. It’s a real pleasure for me to be here for this conference on China’s Trade and Financial...
Deutsche Bank Envisions Post Covid-19 Economy Accelerating Digital Payments
8.4.2020
Since the covid-19 outbreak wreaked havoc across the world’s economies, the global multinational investment bank Deutsche Bank has been encouraging the use of digital currencies. The firm’s Twitter account and macro strategist Marion Laboure have been tweeting regularly about...
Riot Blockchain Cites COVID-19 Disruption Risks on SEC Form 10-K
30.3.2020
Riot Blockchain says that COVID-19 will affect its cryptocurrency mining business in its annual report to the SEC
ETH 2.0 Audit Highlights Risks to Block Proposers and P2P Protocol
26.3.2020
While noting that the code is “very well thought out,” Least Authority identified risks to block proposers and concerns regarding ETH 2.0’s P2P networking protocol
The US Needs Hester Peirce’s Safe Harbor, or It Risks Falling Behind
11.3.2020
A Beijing lawyer calls on the SEC to consider Hester Peirce's Safe Harbor proposal, which exempts startups from securities law while starting up. Without greater certainty around token sales, the US risks falling behind other jurisdictions in blockchain commerce
Cryptocurrency Could Kill Bank Lending, Warns Bank of England Deputy Governor
1.3.2020
In the cryptocurrency economy, the supply of credit through the banking system could disappear, warned Bank of England Deputy Governor Sir Jon Cunliffe. That would be a change with “profound economic consequences,” he added, emphasizing the risks from Facebook’s Libra project...
EU Securities Regulator Flags Risks of Big Tech's Entry Into Financial Services
19.2.2020
The ESMA, the EU’s financial governing body, noted several risks of big tech companies entering the financial space as part of a 2020 report
Crypto Industry Lauds Token Safe Harbor, But Warns of Risks
19.2.2020
Crypto advocates are praising SEC Commissioner Hester Peirce’s token “safe harbor” proposal, though not without questioning the details
Golden Cross Gives Little Relief as Bitcoin Risks Fall Below 2020 Bullish Trendline
18.2.2020
While a long-term price indicator has flipped bullish, the cryptocurrency is struggling to gather upside traction and looks vulnerable near the seven-week rising trendline support
Experts Consider the Security and Risks of Noncustodial Exchanges
9.2.2020
Cryptocurrency experts discuss the pros and cons of noncustodial exchanges, and if such platforms really exist
Ukraine to Oversee Crypto Transactions Above $1,200, Sees Opportunities in Legalization Not Risks
27.1.2020
Cryptocurrency transactions in Ukraine will be strictly monitored by the state, although the country’s finance minister admits that it’s not digital coins but fiat cash that criminals and corrupt officials are more likely to use. The legalization of cryptocurrencies remains a priority...
LinkedIn Co-Founder Blue Outlines Risks of Blockchain Sexism: WEF
24.1.2020
LinkedIn co-founder Allen Blue raised concerns of gender inequality in blockchain jobs
WEF and PwC Report: Nature Risks Threaten Businesses and Economy
24.1.2020
A new report by the World Economic Forum (WEF) in collaboration with Pricewaterhouse Coopers (PwC) makes a case for why the environmental crisis will directly and significantly impact primary, secondary and tertiary businesses, and therefore disrupt the markets and the economy. Titled Nature Risk...
Swiss Government Quashes ‘E-Franc,’ Says Current Risks Outweigh Benefits
13.12.2019
The Swiss government has quashed the idea of offering a digital currency, saying it currently presents more problems than opportunities
‘New Risks’: Swiss Government Skeptical on Central Bank Digital Currency
13.12.2019
A digital Swiss franc would do more harm than good and bring financial risks, according to the nation's government
Bitcoin Risks Deeper Drop After Shallow Price Bounce
13.12.2019
Bitcoin is again looking weak, having charted a lackluster bounce from two-week lows in the last 24 hours
Blockchain Makes Money Laundering Risks Greater, Says Swiss Regulator
11.12.2019
The Swiss Financial Market Supervisory Authority warned that blockchain exacerbates the country’s money laundering risks
EU Finance Ministers Place Defacto Ban on Libra
6.12.2019
Libra’s ongoing organizational snags and run-ins with regulators continue into December, as EU finance ministers agreed Thursday that Libra cannot be launched in the EU until concerns are adequately addressed. The finance ministers issued a joint statement citing regulatory “challenges...
EU Won’t Let Stablecoins Enter Its Market Until Risks Are Addressed
5.12.2019
No global stablecoin project should begin operations in the EU until the associated risks are addressed, EU authorities say in a new adopted statement
Bitcoin Fails to Break $7.8K and Now Risks Reversing to New Lows
30.11.2019
Is a backtest of the $6Ks now imminent after Bitcoin failed to break $7,800 resistance?