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El Salvador’s Bitcoin policy could lead the change in global monetary system – Simon Dixon
Famous investor Simon Dixon recently described El Salvador’s Bitcoin policy as “very responsible” and said it could be the first domino to fall in bringing down the International Monetary Fund’s (IMF) “fiat-based Ponzi scheme” debt mechanism if it succeeds. дальше »
2022-8-23 17:00 | |
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TrueFi launches a debt financing portfolio independently-managed by Cauris Finance
TrustToken, the firm behind top unsecured lending protocol TrueFi, has launched its first independently-managed lending portfolio, the firm said on Monday. The new loan portfolio will be managed by debt financing fintech startup Cauris Finance, via TrustToken’s TrueFi protocol. дальше »
2022-5-10 01:26 | |
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‘Thank God for Bitcoin,’ Cynthia Lummis says on US debt limit raise
Bitcoin should be there to allow people to save in the event the government fails, Senator Cynthia Lummis said.
дальше »2021-10-15 15:45 | |
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Coinbase seeks additional $1.25 billion funding via institutional investors
Coinbase said on Monday that it plans to raise about $1. 2 billion from private debt offering in a bid to inject funds, following the continuous underperformance of its Nasdaq-listed stock. The cryptocurrency exchange will also be granted the initial purchasers of the notes a 30-day option to buy up to an extra $187. дальше »
2021-5-19 14:20 | |
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Ripple Devotees are Taking Out ‘Balls Deep’ Loans to Buy XRP
Die-hard Ripple fanatics are going “balls deep” in debt to buy XRP, the cryptocurrency associated with Ripple. One Twitter user known as XRP PHOENIX said he’d taken a loan for “way more than [he] can afford to pay back” to fund his crypto purchases. дальше »
2019-7-29 17:14 | |
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At 0%, Bitcoin Yield Is Greater Than The ‘Safest Bonds’ Of Many Countries
France Issues First 10-year Bonds At A Negative Interest Rate France has issued its first-ever 10-year bond at a negative borrowing rate, later this week. These negative yield banks mean instead of receiving, investors will pay interest for owning French sovereign debt. дальше »
2019-7-6 19:29 | |
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In Light of Tether’s Fractional Reserve, a Shadow of Fiatcoins’ Future
Tether has taken a lot of heat for admitting it is running a fractional reserve. There’s no doubt that Tether’s unregulated nature makes this approach risky and that its lack of transparency is unsettling, but the entire modern banking system is architected on fractioned assets. дальше »
2019-5-13 16:37 | |
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Op Ed: Understanding the Latest FinCEN Guidance for Cryptocurrencies
On May 9, 2019, the Financial Crimes Enforcement Network (FinCEN), issued new “interpretive guidance” about how its regulations apply to businesses that conduct money transmissions in virtual currencies. дальше »
2019-5-11 21:34 | |
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Billion Dollar Loser Trump’s Terrifying Debt Addiction Can Bankrupt Us All
By CCN. com: Time to wake the f**k up. Donald Trump is not the self-made business genius you think he is. The president is many things. He’s a great leader. He knows how to rally people and inspire action. дальше »
2019-5-8 16:27 | |
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Mt. Gox readies to pay back creditors five years after hack
Troubled cryptocurrency exchange Mt. Gox is finally inching closer to settling its debt with creditors, some five years after it was hacked. According to new documents published by Mt. Gox‘s trustee Nobuaki Kobayashi (aka Tokyo Whale, as he’s known in cryptocurrency circles), a decision has been made with regards to creditor’s claims – they’ve been approved or disapproved – and the Tokyo District Court has been notified. дальше »
2019-3-21 15:32 | |
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Cryptocurrency Will Save Countries from Financial Crises, Says Chicago Mayor
According to a report in Forbes, Chicago Mayor Rahm Emmanuel – formerly Chief of Staff for President Barack Obama – told one-time CCN writer Benjamin Pirus that the future for cryptocurrency is “affirmative. дальше »
2019-3-21 09:54 | |
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After QuadrigaCX: New Regulations for Canadian Exchanges Are in the Works
As anxiety grows around every new twist and turn in the ongoing QuadrigaCX drama, along with extensive QuadrigaCX media coverage, Canada’s mainstream media has been calling on the government to bring in better oversight and regulation of cryptocurrency businesses, especially cryptocurrency exchanges. дальше »
2019-3-20 18:42 | |
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Judge Delays Decision to Appoint Legal Counsel for QuadrigaCX Creditors
A group of lawyers from some of Canada’s top law firms convened in a court in Halifax, Nova Scotia, today to secure the right to represent creditors in the ongoing QuadrigaCX litigation. дальше »
2019-2-15 01:45 | |
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Indian Telecom Operator RCom Shares Crash 50% after Racking Up $7 Billion Phone Bill
Shares in debt-laden Reliance Communications (RCom) fell close to 50% on Monday as the Anil Ambani-owned company announced that it would seek bankruptcy protection from India’s insolvency tribunal. дальше »
2019-2-5 15:57 | |
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BlockFi Now Offers Litecoin and Gemini Stablecoin-Backed Loan Options
Crypto-to-USD lender BlockFi has announced that it will support loans backed by both Litecoin and Gemini’s recent stablecoin token GUSD. This is the first time the company is expanding to accept collateral in one of the crypto industry’s top-10 assets besides bitcoin and ether. дальше »
2018-10-16 16:07 | |
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In Search of Stability: An Overview of the Budding Stablecoin Ecosystem
Stability. The word seems to be at complete odds with the current nature of the crypto market. With its flagship coin having “died” on hundreds of occasions, volatility and meteoric price swings have come to define cryptocurrencies, as price stability, ever-elusive, is in short supply. дальше »
2018-10-3 19:05 | |
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Wonga: a premature but overdue eulogy
Wonga, the company once dubbed by UK lawmakers as a “legal loan shark” is in dire straits, and is almost certain to enter administration. In preparation for this delightful and long overdue event, we went ahead and wrote it a eulogy: Wonga, fintech loan shark, is dead at 12. дальше »
2018-8-28 15:08 | |
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FCA Chooses Blockchain Companies for Fourth Cohort of Regulatory Sandbox
The Financial Conduct Authority (FCA), responsible for conduct and relevant prudential regulation of financial services firms and financial markets in the U. K. , has announced the details of the firms selected to be part of cohort 4 of its regulatory sandbox, according to an FCA post. дальше »
2018-7-5 01:04 | |
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