As the tech standoff heats up, China launching a CBDC before the U.S. “absolutely does not guarantee global financial preeminence.” Two nations, two visions of the financial future: “The tech cold war is here — and the US isn’t winning,” wrote Ripple co-founder Chris Larsen in an opinion piece for The Hill recently. According to […]
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The COVID-19 pandemic might help to further Qatar’s national strategy in the fintech and blockchain spaces to reduce the crisis’s impact. The nation of Qatar is a World Bank “high-income economy,” backed by the world’s third-largest natural gas and oil reserves. It has the third-highest GDP per capita in the world (by purchasing power parity), […]
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As protests rage in Belarus and Alexei Navalny remains in a coma, we look at new developments in crypto across the former USSR. Every Friday, Law Decoded delivers analysis on the week’s critical stories in the realms of policy, regulation and law. Editor’s note The political machinations of Eastern Europe have dominated recent headlines. Protests […]
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“You don’t have to be Dr Evil to scam someone via cryptocurrency. You can be a Mini Me.” The high-profile Twitter hack which saw malicious actors take over 130 verified accounts including Bill Gates and Elon Musk managed to be both technically brilliant and incomprehensibly stupid at the same time. It was a multi-person attack, […]
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The US President said during a press conference that he would consider allowing Edward Snowden to return from his 7-year ‘exile’ in Russia. Edward Snowden may be able to return to the United States if Donald Trump chooses to grant the whistleblower a presidential pardon. According to an Aug. 15 report from Reuters, Trump said […]
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Sanctions could be coming to Belarus. Can the crypto-friendly country beat it with Bitcoin or Ethereum? As the massive protests in Belarus continue after a controversial election that saw President Alexander Lukashenko extend his mandate, questions arose about how Belarus could deal with potential U.S. and European Union sanctions and how cryptos such as Bitcoin […]
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Venezuelan mayors agreed to join the government’s plan to expand the adoption of Petro despite some municipalities not having the technology to handle it. The Bolivarian Council of Mayors in Venezuela signed the so-called “National Tax Harmonization Agreement” for 305 municipalities in the country, including the Petro (PTR) as a means to collect payments of […]
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Cybergang Evil Corp hackers reportedly demanded $10M to restore full access to Garmin’s customer support services and navigation solutions. Multinational tech company Garmin may have paid some or all of a $10 million crypto ransom to hackers who managed to encrypt the firm’s internal network and take down several of its services on July 23. […]
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The governments of China and the U.S. frame digital currency as part of their great-power competition, but instead they should work on this technology together. Today, the relationship between China and the United States is one of escalating competition. On Oct. 23, 2019, Facebook CEO Mark Zuckerberg testified before the U.S. House Financial Services Committee […]
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Wirecard has been implicated in a new report on alleged criminal activities by a Mastercard executive operating at the FBME bank in Cyprus. Controversial German payments processor Wirecard — the issuer of several crypto debit cards — has been implicated in a new report on alleged criminal activities by a Mastercard executive operating at the […]
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