IMF chief economist Gita Gopinath has called on global regulators to be vigilant and take the proper regulatory steps regarding Facebook’s Libra. The International Monetary Fund (IMF) has called on global regulators to pay attention and take proper regulatory action regarding Facebook’s Libra. Speaking with Reuters on July 17, Gita Gopinath, chief economist at the […]
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Venezuela is leading the crypto peer-to-peer BTC trade market, despite government efforts to drive adoption of its oil-backed cryptocurrency, Petro. For the entirety of cryptocurrency’s short history, Venezuela has been seen to be among the most striking example of the need for the utility. The South American country has hosted escalating political tension for years, […]
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France is poised to approve initial coin offerings operators and other crypto businesses with its new regulatory approach to the sector. France is poised to approve initial coin offerings (ICO) operators and other crypto businesses with its new regulatory approach to the sector. ‘France is a Precursor’ As Reuters reported on July 16, the new […]
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Algorithms that can decode social media market sentiment are making waves in the institutional crypto landscape. Algorithms that can decode market sentiment are making waves in the institutional crypto landscape, a July 17 report from Reuters claims. An Arms Race for Algorithms With the resounding return of Bitcoin’s (BTC) volatility amid an ever-hotter crypto market, […]
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The U.S. congressional hearings on Libra may determine the future of the project. Here is what regulators think about Facebook’s crypto… This week is crucial for the future of Libra: Facebook’s cryptocurrency project will be subject to two back-to-back hearings in the United States Congress. First, the Senate Banking Committee will discuss the token on […]
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A proposed “Keep Big Tech Out Of Finance Act” is reportedly being circulated by House Democrats to prevent big tech firms such as Facebook from issuing crypto. A proposed bill to fine major tech firms such as Facebook $1 million per day if they issue cryptocurrencies is being circulated by Democrats, Reuters reports on July […]
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Deutsche Bank winding down its investment banking arm paints a bleak picture of traditional finance at a time of booming growth for bitcoin and crypto. Deutsche Bank taking an axe to 18,000 jobs and winding down its investment banking arm paints a bleak picture of traditional finance at a time of booming growth for crypto. […]
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The US tells Facebook to cease development of libra immediately, and the Bank of International Settlements boss makes an extravagant U-turn. Coming every Sunday, the Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and much more […]
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Taxing people to store money will drive them to cash, which authorities can’t afford to eliminate, says Bank of Japan deputy. Japan’s second most senior banking figure has said central banks cannot use digital currencies to enforce negative interest rates, Reuters reported on July 5. Speaking at an event held by the publication, Masayoshi Amamiya, […]
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The country’s economy minister confirmed the plans to use crypto in local and international transactions. Cuba is the latest country to consider using cryptocurrency to skirt U.S. sanctions, Reuters reported quoting a government source on July 3. In a public address on local television, the country’s president, Migual Diaz-Canel, said the plan would raise capital […]
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