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
origin »Bitcoin price in Telegram @btc_price_every_hour
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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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A conversation with Michelle Bond, Ripple’s Global Head of Government Relations The entrance of Facebook’s Libra whitepaper has caught the world’s attention. While many look to the U.S. to help define a framework for digital assets and blockchain regulation, the question remains: Will policymakers strike the right balance between fostering innovation and protecting consumers? What … Continued The post Digital Currency Regulation Around the World appeared first on Ripple.
2019-8-9 23:00 | |
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It’s been a decade since Bitcoin first came into existence, rising from the meltdown of the 2008 financial recession. The growth of the leading cryptocurrency has been a slow and steady one until now.
2019-8-9 20:46 | |
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Something big is happening. We are at the “cliff of death” of a global currency crisis and no-one has noticed, according to macro investor Raoul Pal. Pal is famous for predicting the 2008 recession and he now believes we’ve arrived at one of the “biggest junctures for markets in history.
2019-8-8 15:45 | |
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Amidst intensifying geopolitical risks and growing uncertainty in the global financial market, heavyweight investors like Michael Novogratz and Travis Kling foresee Bitcoin emerging as a viable alternative store of value.
2019-8-7 11:58 | |
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Ripple, a blockchain company, has been advocating the use of cryptocurrency for cross border payments. Specifically, its native cryptocurrency – the XRP and its xRapid technology have been adopted by banks, governments, institutions, among others globally.
2019-8-7 10:52 | |
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What started out as a trade dispute between the world’s two largest economies is now a full-blown currency war as the U.S. and China bring their big guns to the battlefield. The impact on the global financial markets was immediate and severe, driving up safe-haven assets as ordinary people fear losing the value of their […] The post Currency War Erupts as US and China Bring Out the Big Guns appeared first on Bitcoin News.
2019-8-6 13:31 | |
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Coinspeaker Global Stock Markets Continue Crashing Down as U. S. Treasury Tags China ‘Currency Manipulator’Following China’s extreme devaluation of the Yuan, the U. S. Treasury Department has labeled China a “currency manipulator.
2019-8-6 12:26 | |
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One of the largest providers of global money transfers is ready for cryptocurrency. MoneyGram, which ranks just behind Western Union in cross-border transfers, is now ready to use Ripple’s xRapid network, which uses the XRP currency.
2019-8-4 17:17 | |
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Bitcoin will not become a global reserve currency, argues Noelle Acheson. But it is adding a powerful tool to the box of potential solutions.
2019-8-3 12:00 | |
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Hong Kong – V SYSTEMS, a blockchain database project created by Sunny King, the inventor of Proof of Stake (PoS), announced today that its native crypto currency VSYS Coin has won the Huobi FastTrack voting with a total of 38,456,859 HT votes and is now officially listed on Huobi Global.
2019-7-31 19:16 | |
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Since Facebook’s announcement of its plan to launch a global currency in the form of a cryptocurrency called Libra, financial regulators across the world have spat fire and brimstone at the social media company.
2019-7-30 16:12 | |
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The US dollar will struggle to remain the global reserve currency, in the coming decades, having already completed its tenure as a GRC. “The US dollar has been the world’s dominant reserve currency for almost a century,” wrote, bank’s strategist Craig Cohen in a report earlier this month. “We believe the dollar could lose its […]
2019-7-25 20:16 | |
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Facebook’s digital currency Libra is looking less and less likely to launch next year as originally planned. Policy expert, Angela Walch from University College London’s Centre for Blockchain Technologies told Quartz: “The odds that Libra receives regulatory approval anytime soon (ie, in the next six-12 months) are quite low.
2019-7-25 15:44 | |
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Dan Morehead, the founder and CEO at Pantera Capital, a cryptocurrency-focused investment fund, believes the Bitcoin price could hit $356,000 in the next three years. Morehead, who’s also the chairman at Bitstamp, a global digital currency marketplace, predicted during an episode of Laura Shin’s Unchained Podcast that Bitcoin’s price may reach $42,000 by the end […] The post Pantera Capital CEO predicts $42,000 Bitcoin price by end of 2019 appeared first on CryptoSlate.
2019-7-24 18:18 | |
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Although cryptocurrency’s ability to become a global currency has been applauded by many, few understand its ripple effect on cross-border applications. A common example are OFAC rules that prohibit U.
2019-7-22 22:00 | |
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James Bullard, President of the Federal Reserve Bank of St Louis, has stated currencies are intrinsically worthless and fragile days after Donald Trump mentioned they are printed out of thin... The post Cryptos Are Entering Global Currency Competition Says Fed appeared first on Trustnodes.
2019-7-21 18:17 | |
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Cryptocurrency has found itself on the center stage of the global political sphere over the past several weeks, which first began when Fed Chair Jerome Powell compared Bitcoin to gold. Shortly after this, US President Donald Trump shared his thoughts on BTC, which sparked what appears to be a regulatory crackdown on the nascent markets.
2019-7-20 03:00 | |
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Facebook took a hammering this week, with the proposed Libra currency taking fire from blockchain skeptics and decentralization advocates alike. But there is one silver lining to come from this weeks’ hearings: the prospect of a global, corporate digital cryptocurrency appears to have spurred Congress into action.
2019-7-18 19:31 | |
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Since Facebook announced its new cryptocurrency “Libra,” it has faced resistance from global regulators and financial sectors. The People’s Bank of China, which in 2017 banned the use and trading of cryptocurrencies, has also expressed skepticism, believing that the US-controlled digital currency would circumvent its financial sovereignty.
2019-7-18 15:00 | |
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Yesterday’s US Congress hearing was largely about lambasting Libra and Facebook’s financial global domination ambitions. A few other snippets emerged from the meeting, however, and not all are bad for bitcoin and the crypto industry.
2019-7-18 12:00 | |
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Facebook‘s digital currency, Libra, has been causing a bit of a ruckus lately. Since its plans became public a few weeks ago, headlines have largely been awash with why it’s probably a bad idea.
2019-7-17 16:16 | |
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Cryptocurrency temtum minted and stored in the Royal Mint vault ahead of global launch with CoinAll on 17th July A new era of finance has arrived, as this week temtum used the Royal Mint to produce the next generation of currency in the form of cryptocurrency, temtum [TEM].
2019-7-15 17:30 | |
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Global cryptocurrency exchange Binance has just announced that it is now supporting fiat currency deposits and withdrawals for its Binance Singapore users. The platform, which launched similar ventures earlier this year in Jersey and Uganda, will allow Singapore residents or Singapore citizens based overseas, to buy a number of cryptocurrencies with Singapore Dollars.
2019-7-11 19:02 | |
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Bitcoin has unarguably gained massive adoption of recent and there are hopes that someday, it could potentially become a global currency. However, the European Central Bank, the Central bank for Europe’s currency Euro in a tweet on July 9, 2019, stated that it has no plans to add Bitcoin to its reserves because Bitcoin is […] The post European Central Bank: “Bitcoin is Not a Currency But an Asset that is Very Volatile” appeared first on ZyCrypto.
2019-7-10 15:34 | |
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Ever Since Libra was unveiled, it has attracted the attention of several people, from analysts to the US Congress, regulators and most recently, the Asian giant, China. Reports say that China is looking to develop its own digital currency because Libra poses a massive risk to global financial and monetary systems.
2019-7-10 18:37 | |
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Gold is money. It is and has been approved on a global scale in more than 194 countries throughout the centuries, therefore asserting itself as a form of currency. In recent times, the significance of relocating assets into a more credible form of investment which would have borne fruit has been lost.
2019-7-9 21:11 | |
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Philippines’ Central Bank is reportedly ready to halt its planned launch of a digital currency and wait for at least five years. The Bangko Sentral ng Pilipinas, according to Phillstar Global, a local news outlet, is rethinking issuing its own digital currency as it monitors the global crypto space. Benjamin Diokno, the bank’s governor, spoke […]
2019-7-5 20:56 | |
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Bitcoin does not need to do anything to become a global reserve currency until Mr. Donald Trump is in command at the White House. That is what Jameson Lopp of CASA said on Friday in response to the President Trump’s call to manipulate the value of the US dollar.
2019-7-5 17:00 | |
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Bitcoin has had an eventful few weeks with the digital asset spiking by more than 200 percent after which it fell into the bear’s realm. This was again followed by the cryptocurrency recovering to trade above the $12,000 mark again.
2019-7-4 18:00 | |
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Time and tide wait for none. Change is inevitable, and the digital assets market know that better than anyone else. From volatility to price movements, to proponents switching camps and even to a change in principles, the first decade of Bitcoin has been tumultuous, to say the least.
2019-7-3 16:30 | |
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The White House Council of Economic Advisers says banning stablecoin yield would barely increase bank lending, while creating a net welfare loss for consumers.
On Wednesday, the Federal Reserve held the policy rates, while the US wholesale inflation surged. Trump administration also allowed a waiver permitting foreign-flagged vessels to transport fuel between domestic ports to address price pressures and supply disruptions linked to the Iran conflict.
Bitcoin Magazine Kraken Secures Federal Reserve Master Account, Marking First Ever for Crypto Firms Kraken becomes the first crypto-native firm to secure a Federal Reserve master account, gaining direct access to the U.
Crypto.com receives conditional approval from the OCC to charter National Trust Bank, a key step toward offering regulated crypto custody and staking services.
Legislative gridlock in Washington has turned crypto market's 2025 optimism into policy-induced stagnation.
Markets stabilized after the inflation data miss, with Bitcoin bouncing from lows and reclaiming key levels above $69K.
Coinbase stock price continued its freefall this week as the crypto exchange released its financial results. COIN plunged to a low of $141 on Friday, its lowest level since February 2024. It has plunged by 68% from its all-time high.