The Bank for International Settlements expects the COVID-19 crisis’ impact on retail payments to have a positive effect on central bank digital currency development. The Bank for International Settlements (BIS) expects the COVID-19 crisis’ impact on retail payments to have a knock-on effect on the development of central bank digital currencies (CBDC). The BIS is […]
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The leading global central bank institution has published new research on central bank digital currencies, noting a major shift in their direction thanks to Libra as well as COVID-19. In advance of its coming annual report, on June 24 the Bank for International Settlements released a special chapter from that report on digital payments — […]
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South Korea economist worries that tough regulation would slow down crypto’s growth. The South Korean government recently announced their intention to impose a tax on cryptocurrency, leading to backlash. Korean Yonsei University economist, Sung Tae-yoon, warned that the decision to tax crypto capital gains may slow the technology’s emerging market, according to Koreatimes on June […]
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Bitcoin is the best exit strategy from financial oppression after Covid-19, Keiser argues, as one economist says the Fed’s balance sheet will never shrink. Bitcoin (BTC) is the only effective way for Americans to empower themselves and protests do not work, popular TV personality Max Keiser has said. In the latest edition of his RT […]
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Nanjing, China is basically using the blockchain to drive a local economic stimulus program. In order to reduce the COVID-19 pandemic’s impact on business, Chinese governments at all levels have been coming up with different policies and solutions to help the economy survive. Nanjing, the capital of China eastern Jiangsu province, is one of the […]
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The third part of a series of articles on the advantages and challenges of the usage of blockchain technology for collecting and sharing information, without violating users’ privacy. Some entrepreneurs have been trying to increase data privacy by combining encryption and blockchain technology. There are projects like Oasis Labs and Enigma that focus entirely on […]
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While many experts believe that Telegram has not compromised the security of its customers, some users have reported certain anomalies. In a sudden turn of events, Russia’s communications watchdog — Roskomnadzor — issued a public statement on June 18, announcing that it has lifted its ban on the popular messaging app Telegram. This decision comes […]
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VeChain’s medical records blockchain platform in Cyprus lets people prove, and control, COVID-19 test results. Blockchain tracking platform VeChain announced on Twitter on June 20 that its blockchain-based medical data management platform co-developed with digital healthcare solution firm I-Dante has gone live and will store COVID-19 testing results. The platform, dubbed E-NewHealthLife, was deployed in […]
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The world’s leading technological and economic country is significantly outdated on two major levels requiring dramatic changes: government and politicians. As with most of the globetrotting crypto and blockchain set, I find myself grounded. Me, in my Manhattan apartment for the past several months, watching the COVID-19 pandemic grow out of control while systems break […]
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Barstool Sports founder Dave Portnoy said he still sees Bitcoin the same as he did in 2017. Barstool Sports’ millionaire founder, Dave Portnoy, recently re-tweeted his 2017 video on Bitcoin, saying his view on the asset has not changed. “For everybody trying to get me in the Bitcoin game, I made this video in 2017,” […]
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