2020-1-23 21:48 |
Global officials and economists at the WEF voice the fact that Facebook’s Libra pushed the world to start reconsidering the U.S. dollar as anchor currency
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A look at two worlds, both of which use Bitcoin as the global currency. But that is where the similarities end.
2021-6-26 00:21 | |
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As foreign currency markets take aim at decades-old lows against a soaring U. S. dollar, one might wonder where global citizens will turn if they are unable to flee to the greenback — whether on account of shortages, barriers to purchase, legal restrictions, or all of the above.
2020-3-23 01:02 | |
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The Swiss government is spooked by concerns on the sustainability of FaceBook's Libra as a global currency. This adds to regulatory concerns raised by global regulatory authorities on the viability of the Libra token.
2020-1-21 18:38 | |
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Facebook's Libra, slated to be launched in 2020, is nowhere close to its release yet, with regulatory authorities around the world raising fresh questions about the stablecoin being a global currency.
2020-1-21 09:30 | |
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Yesterday rumors circulated the internet that the US Federal Reserve will announce the creation of a digital dollar on the 16th. Although this cryptocurrency-like speculation turned out to be unfounded, they did spark some interesting takes about the impact a major global power digitizing their currency will truly have on the world.
2020-1-16 19:35 | |
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One of global’s renowned investment managers, Fidelity Investments crypto wing has rolled on its inaugural outlet in Europe in efforts to tap into digital currency within the continent and bring it into traditional investing, Reuters reports.
2020-1-14 19:15 | |
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With the announcement of the proposed Libra digital currency in 2019, even skeptical officials were forced to accept that crypto assets are here to stay. Stablecoins are seen as a priority for 2020, with national and global regulators publishing a variety of stablecoin research across the last 12 months.
2020-1-11 14:07 | |
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A new paper from the PBoC says the “top-level” design of its digital currency is complete while AMLD5 in Europe is causing crypto companies to flee.
2020-1-11 23:00 | |
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Central banks banding together to issue a single digital currency will face a coordination problem. Technological advancements, in both the public and private sector, have called for the creation of aThe post Global CBDC will pose a 'Power of many, Use of one' problem appeared first on AMBCrypto.
2020-1-9 17:30 | |
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China and Europe are hot on the digital currency trail, but won't threaten the United States. If the goal is to dominate the U.S in the global currency market, a simple digital version of the RenminbiThe post Chinese, European CBDCs may not be enough to oust the USD appeared first on AMBCrypto.
2020-1-8 11:30 | |
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Matthew Graham is the CEO of Sino Global Capital, a team of Beijing-based investment bankers. China sees blockchain as a key strategic technology pillar critical to the next decade of growth. As it prepares to deploy a state-issued digital currency or DCEP (Digital Currency / Electronic Payment) China has a unique opportunity to take control of its monetary system.
2020-1-8 22:55 | |
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International Monetary Fund’s (IMF) chief economist, Gita Gopinath, said on Tuesday that digital currencies aren’t threatening the US dollar’s role in the global trade. She also mentioned that while cryptocurrencies seem to offer intriguing possibilities, they still aren’t globally accepted and lack the infrastructure they need to defeat the US dollar in order to become […]
2020-1-7 18:49 | |
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Within just a decade, mankind will be well on the way to ending extreme world poverty. A new, encrypted Wi-Fi network will connect people on Earth. And a near indestructible blockchain financial system and global currency will exist off-world, invulnerable to the effects of war, conflict, solar flares, meteor impact, global catastrophe, cyclones, banking and market collapse and other catastrophic events.
2019-12-30 13:30 | |
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During the last few days, digital currency markets have been meandering sideways and prices have been less volatile. On Sunday, during the last 24 hours, the entire cryptoconomy is hovering just below the $200 billion zone and there’s roughly $71 billion in global trades.
2019-12-29 19:08 | |
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Given bitcoin’s volatile price swings, one would expect there to be more interest in this currency. If the recent LocalBitcoins volume is an official indicator, that seems to be anything but the case.
2019-12-24 02:00 | |
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Ten years of central bank quantitative easing have fostered big distortions in the global financial system, setting it up for a major architectural shift.
2019-12-21 22:00 | |
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The Governor Lael Brainard, of the US Federal Reserve on Wednesday stated Facebook’s digital currency project Libra faces a “core set of legal and regulatory challenges.” Social media giant’s stablecoin that is linked to fiat money and other sound assets to mitigate fluctuations in the price of cryptocurrencies like Bitcoin, remains unproven with a vague […]
2019-12-18 21:12 | |
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Amidst regulatory uncertainty, U. K. -based Saga hopes to introduce a global digital currency that lawmakers and consumers alike find agreeable. The “stablecoin” (think Tether) is pegged to a basket of fiat currencies and is not anonymous, making it unlikely to win over Bitcoin enthusiasts who value the coin’s decentralized mode of operation.
2019-12-11 20:00 | |
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London-based blockchain firm Saga announced the launch of its Saga token (SGA). The digital unit represents a global currency that complies with regulators’ requirements. Saga Advised by Nobel Prize Winner, Former Bank of Israel Governor The currency is backed by a basket of fiat currency to avoid high volatility.
2019-12-11 17:53 | |
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China is looking to use a blockchain-based digital currency to surpass the U. S. dollar in global dominance. However, its claimed transaction speed is raising eyebrows. An arms race of stablecoins will soon be upon us as the geopolitical climate heats up.
2019-12-7 16:34 | |
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From viewing global stablecoins as a threat to considering the launch of a central bank digital currency, the European Central Bank [ECB] has come a long way. In a recent document titled, "Innovation The post ECB may launch CBDC if it fails to develop efficient payment solution appeared first on AMBCrypto.
2019-12-5 07:42 | |
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Saga is a cryptocurrency launching soon, and it seeks to be nothing less than a new global currency
2019-12-5 04:00 | |
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Our civilization is now on the threshold of the fourth industrial revolution, which will be characterized by a combination of technologies that erases the boundaries between the physical, digital and biological spheres.
2019-11-29 12:14 | |
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Stablecoins are cryptocurrency assets with their value tied to a specific asset, like gold or the US dollar. They serve many purposes in the industry, but an opinion piece in the World Economic Forum states that they may be able to curb the potential threat of global foreign currency reserves domination of the US dollar. […]
2019-11-29 23:13 | |
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The systemic risks posed by U.S. dollar domination of global foreign currency reserves could be tempered by stablecoin issuance, analysts argue in a new piece for the WEF
2019-11-27 11:10 | |
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According to a Tweet by IOTA developer Marlon Morales on November 25, IOTA’s native digital currency – MIOTA – can potentially work as a medium of payment for all Unity supported platform games or applications.
2019-11-25 16:00 | |
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Bitcoin to replace fiat currency? “The Apples, Googles — the world’s largest companies — are using U.S. dollars still. When they switch over to Bitcoin, we can have that conversation.” — Vinny Lingham
2019-11-24 23:03 | |
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The US blocking China’s proposed digital currency efforts could be worse than the two large economies working together to establish global governance, manage the disruptions and harness the tech for global growth,.
2019-11-22 16:12 | |
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A stimulated wargame held by previously high-ranking officials in the United States government has revealed what could be a North Korean missile takeover through China’s digital currency. The meeting held at Harvard Kennedy School projected a few years into the crypto space and highlighted the looming danger on the dollar’s dominance. The attendees stimulated a […]
2019-11-21 18:42 | |
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What if China’s digital currency undermined U.S. dominance of global finance? Former top Washington officials gamed out the scenarios Tuesday night.
2019-11-21 22:35 | |
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Billionaire Tim Draper has praised Bitcoin for breaking the world’s borders and acting as a global currency system. He told the Wall Street Journal (WSJ) that technologies like blockchain and artificial intelligence (AI) were disrupting the most important industries and the government itself.
2019-11-20 19:44 | |
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Ether (ETH) P2P exchange platform LocalEthereum has officially renamed itself to LocalCryptos and introduced support for a slew of different cryptocurrencies including Bitcoin (BTC), and several other ERC-20 tokens.
2019-11-19 17:15 | |
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There are no mixed signals with regards to blockchain and crypto coming from China at the moment. The People’s Republic is full steam ahead on distributed ledger technology as it prepares to ready its population for its own central bank crypto currency.
2019-11-20 12:00 | |
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OceanEX, a bitcoin and cryptocurrency exchange platform, announced today that a new USD fiat gateway is now open. Users will be able to deposit USD fiat currency to their OceanEx wallet using bank cards.
2019-11-19 21:05 | |
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The perceived inevitability of central bank-issued digital currencies on a global scale has been a hot topic of discussion for a while now. With China reportedly going ever so close to releasing the world’s first nationalized digital currency, central banks in most major economies are under immense pressure to follow suit — or at least […] The post Central Bank Cryptocurrencies Are Pointless, Says Ex-Federal Reserve Chairman appeared first on BeInCrypto.
2019-11-14 11:44 | |
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There are now several competing approaches to building a new financial system, writes Circle CEO Jeremy Allaire. Which will governments embrace?
2019-11-14 12:00 | |
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2019 saw the adoption of blockchain go through the roof, with many global economies figuring out regulations and announcing their own centrally-backed digital currencies. However, according to former The post Central bank-issued digital currency not required: Former Fed Chairman appeared first on AMBCrypto.
2019-11-12 08:58 | |
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China is on its way to becoming the first country to launch a state-backed global digital currency and Michael Novogratz, a prominent billionaire, has commented on that. Novogratz believes that the U.
2019-11-12 03:42 | |
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China is on a fast track to becoming a global digital currency power. Billionaire Michael Novogratz warns that the country might undermine the United States’ reserve status. Some politicians are wary about embracing cryptocurrency networks.
2019-11-12 22:03 | |
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The blockchain and cryptocurrency ecosystem was taken by surprise when the Chinese President, Xi Jinping, publicly announced that blockchain technology was going to play an instrumental role in terms The post China's CBDC may affect dollar's global reserve currency status: Kraken CEO appeared first on AMBCrypto.
2019-11-7 22:30 | |
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Whether the dollar likes it or not, the digital yuan is coming. China has staked its claim for a digital version of its fiat currency, and by the looks of things, the ambition is truly global.
2019-11-7 16:30 | |
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Last year at Swell, we first announced On-Demand Liquidity (ODL), which leverages the digital asset XRP as a bridge currency to eliminate the need for pre-funding in cross border payments. Since then, we have seen tremendous growth and customer interest with more than 7x the number of transactions using ODL from the end of Q1 … Continued The post Swell 2019: How On-Demand Liquidity Is Changing the Global Payments Game appeared first on Ripple.
2019-11-7 13:36 | |
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Ripple's Swell conference 2019 saw participation from almost 159 companies and was kickstarted by Ripple's CEO, Brad Garlinghouse warming up the audience talking about XRP and Ripple's ODL service, LiThe post Ripple Swell 2019: Can XRP be a global currency? IMF's Rajan answers appeared first on AMBCrypto.
2019-11-7 11:15 | |
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Per a November 4, 2019, statement from Huawei’s WeChat channel, the multinational telecom titan has signed a strategic cooperation agreement with the People’s Bank of China (PBoC) – China’s central bank.
2019-11-6 02:00 | |
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China's aggressive move into crypto adoption has alarmed global financial leaders into accepting their own versions of cryptocurrencies, if not Bitcoin. Catalyzing this effort, The Digital Currency ReThe post PBOC's digital currency research arm signs deal with Huawei appeared first on AMBCrypto.
2019-11-4 18:46 | |
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China may have the early mover’s advantage in the race to launch the first national digital currency, but it seems other major global players are in no mood to be left far behind. The Association of German Banks (Bankenverband) released a paper yesterday explicitly stating that the Eurozone economy will benefit from a ‘programmable digital […] The post 200+ German Banks Unite to Propose a Pan-Continental Digital Euro appeared first on BeInCrypto.
2019-11-1 18:09 | |
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Genesis Global Capital, кредитное подразделение компании Digital Currency Group, в третьем квартале обработало криптовалютных и фиатных кредитов на $870 млн. Это на 38,1% больше показателей второго квартала.
2019-10-31 10:16 | |
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73% of leading global banks state CBDC should be available “under all circumstances” in a new study by IBM and OMFIF
2019-10-30 16:31 | |
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At the Annual Litecoin Summit 2019, retired American politician Ron Paul put his weight behind cryptocurrencies saying that the traditional banking system is fake and that digital currency is the money of the future, October 28, 2019.
2019-10-29 14:07 | |
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Bitcoin stabilised above $103,000, as altcoin market saw modest gains.
Judge Colleen Kollar-Kotelly of the US District Court for the Southern District of New York has questioned the propriety of returning seized cryptocurrencies to Bitfinex as proposed by the US government.
Cipher Mining Inc (NASDAQ: CIFR) has received $50 million in investment from SoftBank which it said will help it build more data centers in the United States. The Japanese investment firm bought over 10 million shares to become a “significant primary investor” in CIFR today.
The Pi Network coin price has remained in a deep consolidation, but this week’s events may help to trigger a parabolic move. The token traded at $43. 58 on Thursday where it has remained in the past few days.
The US Federal Reserve is broadly expected to leave its key rate unchanged as it announces its policy decision on Wednesday, January 29th. Rate cuts tend to be meaningfully positive for Bitcoin as they make bonds and saving accounts less attractive, making investors look for better returns in the risk-on assets like cryptocurrencies. Still, a […]
President Donald Trump has recently urged the US based technology companies to focus on innovation to remain competitive. His comment has been associated primarily to artificial intelligence, considering it came after the launch of DeepSeek’s new model that wiped billions off American AI stocks.
Artificial intelligence has been all the rage in financial markets in recent days after DeepSeek announced a new AI model that rivals OpenAI at a surprisingly low cost. While the revelation from the Chinese startup has been a major hiccup for US stocks in the near term, President Donald Trump said it will only prove […]