2020-9-17 22:00 |
Governments have significant discretion over economics and finance today, but decentralized network-driven alternatives threaten that control.
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Today, one of the big four accounting firms, Ernst & Young, announced the launch of EY OpsChain Public Finance Manager (PFM) blockchain to help governments improve processes for financial management of public funds.
2019-10-16 20:30 | |
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Ernst and Young (EY), one of the largest professional services firms in the world, has developed a distributed ledger technology (DLT) based public finance management solution named EY OpsChain Public Finance Manager (PFM) to curb misappropriation of funds by government and foster efficiency and transparency, according to a press release on October 16, 2019.
2019-10-16 16:00 | |
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The world’s largest social media company has faced nothing but criticism since it announced grand plans to dominate global finance markets with its own crypto coin. Red flags were raised by governments and central banks across the planet over the threat that Libra proposes to their own sovereignty.
2019-9-27 11:30 | |
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World leaders and governments have been at their wits’ end recently, with many of them still uncertain about how to properly tackle the prospect of Facebook and its cryptocurrency. Ireland’s Finance Minister Michael D’Arcy is the latest to give his insight on Libra, blockchain and their effect on Ireland’s finance strategy, speaking about them during […] The post Ireland is cautious, but not opposed to Facebook’s Libra, claims Finance Minister Michael D’Arcy appeared first on AMBCrypto.
2019-9-26 13:30 | |
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Facebook‘s controversial ‘cryptocurrency‘ Libra is facing yet more scrutiny after the governor of Japan’s central bank called for international cooperation to regulate it. According to Reuters, Haruhiko Kuroda, the Bank of Japan‘s governor, told business leaders in Osaka that a joint, international effort was crucial.
2019-9-24 14:27 | |
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Facebook has endured several setbacks in launching Libra as governments are finding it difficult to allow it to run without robust AML practices. Reuters revealed that Facebook has multiple meetings with the finance ministry and various regulators in the U.
2019-9-19 13:00 | |
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For those most part, governments have ignored Bitcoin. While the crypto asset’s proponents see it as the future of money and finance, sporting the potential to usurp fiat currencies as we know them today, governments haven’t played along.
2019-9-17 15:00 | |
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Facebook’s nascent crypto project libra has run into serious problems, with fresh objections being raised from regulatory bodies across the globe, right from its announcement in June. Recently, France’s finance minister Bruno Le Maire announced that they won’t allow any development of Libra in their country as it threatens government’s monetary sovereignty.
2019-9-15 15:30 | |
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At every turn in Facebook’s journey toward launching Libra, the social media giant is realizing that governments around the world do not take kindly to attempts to remove some of their power. The latest setback has emerged from Europe.
2019-9-14 19:52 | |
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The European Union needs to establish a common set of rules for cryptocurrencies to counteract risks posed by Facebook’s Libra, France’s Finance Minister Bruno Le Maire said today. According to Reuters, Libra could pose risks to consumers, financial stability and even “the sovereignty of European states,” Le Maire said.
2019-9-13 13:34 | |
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French Minister of Finance Bruno LeMaire warned that the launch of Libra would threaten the monetary sovereignty of governments.
2019-9-13 10:14 | |
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Governments and policymakers have been in an uproar ever since Facebook debuted their Libra cryptocurrency to the world, prompting the first signs of stricter regulation around crypto and Bitcoin looming.
2019-9-13 21:00 | |
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France's Bruno Le Maire has reportedly warned that the country will block the development of Facebook's in-house cryptocurrency, Libra, in Europe — citing threats to the "monetary sovereignty" of the continent's governments.
2019-9-13 14:02 | |
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Bruno Le Maire, Minister of the Economy and Finance for France has made it clear that they would not allow the development of Libra cryptocurrency as it threatens the “monetary sovereignty” of governments.
2019-9-12 12:28 | |
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In recent years, the technology and application of blockchain in Southeast Asia have developed rapidly over the past. Governments and associations around the world, as well as blockchain alliances, are actively exploring the potential development and application prospects of blockchain technology in various fields such as governing management, commerce, finance, tourism, and agriculture.
2019-7-23 13:30 | |
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In recent years, the technology and application of blockchain in Southeast Asia have developed rapidly over the past. Governments and associations around the world, as well as blockchain alliances are actively exploring the potential development and application prospects of blockchain technology in various fields such as governing management, commerce, finance, tourism, and agriculture.
2019-7-23 07:15 | |
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Noted Australian finance commentator, Peter Switzer believes bitcoin and cryptocurrencies are too volatile to be useful. The founder of the Switzer Financial Group advised governments in a July 8, 2019, blog post quoted by Micky, to either ban or tightly regulate cryptocurrencies.
2019-7-9 09:00 | |
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Bitcoin is not free from the threat of government interference, ‘The Bitcoin Standard’ author Saifedean Ammous warned mainstream media this week. Ammous: BTC Up 18 Million Percent Speaking in an interview with German finance magazine Boerse Online, Ammous, who is well known as one of the biggest active Bitcoin bulls, said that despite being technically unstoppable, Bitcoin still faces its enemies.
2019-6-3 17:00 | |
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Bitcoin adoption crucible Venezuela could end up using its own sanctioned funds to topple the government if plans go ahead for an “army” of foreign mercenaries. Sources: Plans For ‘5000 Mercenaries’ As Reuters reported on April 30, Erik Prince, founder of the notorious private security contractor Blackwater, allegedly wants to use fiat currency locked up by foreign governments to finance an ongoing backlash against Nicolas Maduro’s regime.
2019-5-1 22:00 | |
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Special thanks to Glen Weyl, Phil Daian and Jinglan Wang for review Over the last few years there has been an increasing interest in using deliberately engineered economic incentives and mechanism design to align behavior of participants in various contexts.
2019-4-5 04:03 | |
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If you thought cryptocurrencies could be kept away from the watchful eyes of banks and governments, think again. Malaysian Finance Minister, Lim Guan Eng, said that all cryptocurrencies must go through Bank Negara Malaysia, the country’s central bank, before being issued to the public, reports the New Straits Times.
2018-11-26 16:16 | |
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Governments are known to pass bad regulations that harm industries as well as implement rules that often lead to unforeseen, negative results — consequences that significantly deviate from the new rule’s original intent.
2018-9-23 21:30 | |
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Both governments and banks from around the world are testing and implementing blockchain bond programs. How do these bonds differ from traditional bonds, and how can they change the future of finance? The post The Increasing Demand for Blockchain Bonds appeared first on CoinCentral.
2018-9-15 23:20 | |
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University of Berkeley Professor Barry Eichengreen has taken a swipe at the viability of stablecoins in an op-ed published on Project Syndicate. The critique, entitled “The Stable-Coin Myth,” argues stablecoins are not automatically "viable" just because they are pegged to an asset, though Eichengreen does believe they have an advantage over "conventional cryptocurrencies" such as bitcoin which he says "is highly unstable" and "unattractive as units of account.
2018-9-13 18:07 | |
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Embracing the complex legal intersections between finance, crypto, and emerging regulatory issues is critical to improving and reimagining the global economic system. Since Circle’s inception, we’ve committed to strong government relationships and we believe this new global economic order will succeed only in partnership with governments and the
2018-10-5 12:15 | |
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When the SEC announced its rejection of the Winklevosses’ latest bitcoin ETF filing, the industry found itself reckoning with a problem on repeat: striving toward the goal of approval, another Exchange Traded Fund (ETF) proposal faced the SEC’s death knell.
2018-8-4 22:49 | |
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The crypto industry has received another boost with the entry of financial services giant Northern Trust in a quiet but significant move. The firm, which manages over $10.
2018-8-3 23:41 | |
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As the crypto market continues to meld into the realm of traditional finance, the Chartered Financial Analyst (CFA) Institute is taking notice — so much so that the organization is adding cryptocurrency and blockchain sections to its 2019 certification exams.
2018-7-16 20:42 | |
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Disruptive as it is, blockchain and its accompanying cryptocurrencies are seen as anti-establishment and a threat to the traditional financial workings by governments. However, QuickX is one project that has achieved to bring a former cabinet minister and ex-finance minister of an EU nation: Mr.
2018-7-16 16:30 | |
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Bitcoin, in its nine years of existence, has steadily gained traction, defining itself as a new digital gold. Early adopters of this technology have shown excitement for the potential of this inflation-proof sound money.
2018-7-14 00:48 | |
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South Korea’s Ministry of Finance has denied reports of 10% income tax on cryptocurrency investments. 10% Tax on Crypto Grains is Fake News Taxation has been a hot topic in the cryptocurrency world this year.
2018-6-24 06:27 | |
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South Korea’s Ministry of Finance has denied reports of 10% income tax on cryptocurrency investments. 10% Tax on Crypto Grains is Fake News Taxation has been a hot topic in the cryptocurrency world this year.
2018-6-24 02:00 | |
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Àíàëîã Notcoin - Blum - Èãðàé è çàðàáàòûâàé Ìîíåòû
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The administration’s public support of a restrictive amendment calls into question the original motives of the crypto provision.
Uniswap’s removal of a set of assets from its interface has the community asking just how decentralized is the platform.
The milestone isn’t just psychological, and potentially opens entire new groups of investors who couldn’t participate previously.
An overview of key news, from a new DeFi Index fund for accredited investors to bitcoin shrugging off growing Treasury yields.
As another wave of major financial institutions announce bitcoin plans, it’s getting harder for the MSM to simply print the same old FUD.
A reading of Nic Carter’s latest essay for CoinDesk on the inappropriateness of comparing the energy consumption of bitcoin and Visa transactions.
A recap of a swath of news about corporate players coming into the crypto space, and why it could change the landscape of regulation.