The World Economic Forum has created what it claims is the first ever global consortium dedicated to designing a framework for the global governance of digital currencies. The World Economic Forum (WEF) has created what it claims is the first ever global consortium dedicated to designing a framework for the transnational governance of digital currencies, […]
Continue Reading
The Supreme Court of India has this listened to further hearings in the landmark case against the central bank’s ban on banks’ dealings with crypto-related businesses. The Supreme Court of India has this week listened to further hearings in the landmark case against the Reserve Bank of India’s ban on banks’ dealings with crypto-related businesses. […]
Continue Reading
Japan appears to have reversed its earlier stance on CBDCs as Facebook’s Libra and China’s digital yuan pressure decision makers to release a digital yen. Ruling party lawmakers in Japan are reportedly working on a proposal to issue a national digital currency, Reuters reports on Jan. 24. This appears to be a response to fears […]
Continue Reading
According to a Facebook post by Alexander Vinnik’s lawyer, Zoe Konstantopoulou, the alleged BTC-e money launderer has successfully been extradited to France. According to a Facebook post by Alexander Vinnik’s lawyer, Zoe Konstantopoulou, the alleged BTC-e money launderer has successfully been extradited to France. Social media update In a post on the social media site […]
Continue Reading
Former CFTC chairman J. Christopher Giancarlo has some new remarks regarding his Digital Dollar initiative, speaking in Davos. The former chairman of the United States Commodity Futures Trading Commission (CFTC) has some new remarks regarding his Digital Dollar initiative, speaking in Davos. On Jan. 22, Ex-CFTC chairman J. Christopher Giancarlo confirmed that the Digital Dollar […]
Continue Reading
Ray Dalio gave an interview to CNBC explaining his investment thesis, noting that Bitcoin is not fulfilling its purposes as money and is inferior to gold. Ray Dalio, multi-billionaire and founder of investment firm Bridgewater Associates, said investors should not miss out on traditional markets, CNBC reported on Jan. 21. Dalio warned from holding Bitcoin, […]
Continue Reading
Chinese experts held a seminar titled “Blockchain technology helps China’s new social credit system” on Jan. 14. Chinese technology experts held a seminar titled “Blockchain technology helps China’s new social credit system” on Jan. 14. English-language news outlet China.org.cn reported on Jan. 22 that over 20 experts from universities, research institutes and businesses attended the […]
Continue Reading
The Singapore government and 16 major trading and manufacturing companies have partnered to promote digitization of international trade. The Singapore government, along with an array of the world’s major financial and manufacturing companies, has formed an alliance to promote the adoption of digital technologies in trade and commerce. According to a press release shared with […]
Continue Reading
With international conflict and recession looming on the horizon, is Bitcoin a safe haven for your money? In the summer of 2019, the 10-year minus 3-month yield curve inverted for the first time in 13 years. During the time of the inversion, Bitcoin’s price hit all-time highs for the year. The previous inversion in 2006 […]
Continue Reading
Deribit, a crypto futures and options exchange moving from the Netherlands to Panama to avoid new E.U. regulations, has clarified its new AML policy. Deribit, a crypto futures and options exchange that is moving from the Netherlands to Panama to avoid Europe’s new Anti-Money Laundering law has released its newly updated Know Your Customer (KYC) […]
Continue Reading