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Putin Approves Cryptocurrency Bill, Stopping Russians From Using Bitcoin for Payments

On Friday, Vladimir Putin, Russia’s president, signed one of the two digital assets bills into law, Russian media outlet RIA reports. The new law was passed by Russia’s parliament, Duma, last week and states that firms can provide virtual securities on blockchain platforms provided they are well registered with the country’s central bank, Bank of […] дальше »

2020-7-31 22:04


Philippines Central Bank Governor Confirms Interest in Launching A Digital Currency

The central bank of the Philippines, otherwise known as Bangko Sentral ng Pilipinas (BSP), expresses its interest in launching its own central bank digital currency (CBDC). In a story first covered on Bloomberg, the governor of BSP, Benjamin Diokno, stated the country had formed a research committee on the possible launch of digital currency. The […] дальше »

2020-7-30 21:21


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Israel: Tel Aviv Stock Exchange Set to Launch Central Blockchain Securities Lending Platform

Israel’s Tel Aviv Stock Exchange (TASE) recently announced the launch of the Central Blockchain Securities Lending Platform, an innovative platform that seeks to transform the Securities Lending market in the country by facilitating direct lending among all the major financial instruments, Israel Defense reports, July 28, 2020. дальше »

2020-7-30 01:07


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Philippines’ Central Bank Is latest to Explore a Central Bank Digital Currency

The Central Bank of the Philippines is the latest on the list of countries to exclusively express their interest in developing a central bank digital currency. Benjamin Diokno, the Governor of Philippines’ central bank announced the news today, during the launch of NGC (New Generation Currency) banknotes in a virtual conference. He said that the […] дальше »

2020-7-29 20:42


It Happened With Bitcoin And Now It’s Happening With Stocks

Yesterday, the stock market made a muted start, but the tech stocks rallied. All the FAANGM stocks were in the green, led by Amazon and Tesla. There are two factors behind the rally: the unprecedented stimulus efforts by governments and central bankers and “an overzealous crowd of new traders who are intentionally refuting traditional valuation […] дальше »

2020-7-22 22:24


Gold Beating Bitcoin for Over 2 Months Now; A New ATH for Bullion is Imminent

Precious metals are enjoying the gains with gold rising 1.23% today to reach $1,840 per ounce today although it is Silver which has been stealing the show by having its highest finish since 2016. With the government and central banks releasing excessive stimulus, the new normal is benefiting the metals just as much as it […] дальше »

2020-7-22 21:35


French Central Bank Publishes List of 8 Applicants To Run Tests on A Digital Euro

On July 20, French central bank, Banque De France, announced it had settled on eight candidates in its efforts to experiment digital currency solutions. As per the press statement, the central bank stated that the experiment trials will cover a wide range of areas, but notably not in the crypto-asset transfer sphere, and will start […] дальше »

2020-7-21 19:20