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New York Fed: Cryptocurrency Won’t Challenge Dollar in Near Or Mid-Term

Cryptocurrencies are “unlikely” to become an international monetary phenomenon in the coming years, the Federal Reserve Bank of New York has claimed. ‘Unlikely To Meet Criteria’ In a research piece on US dollar supremacy published February 11, the NY Fed argued that despite the appearance of cryptocurrency in mainstream society, only its long-term perspectives could include significant usage. дальше »

2019-2-13 18:00


Is Ocasio-Cortez’s ‘Green New Deal’ a Good Thing for Bitcoin? Let’s Take a Closer Look…

During her appearance on the NPR podcast a couple of days back, Democrat Alexandria Ocasio-Cortez outlined her stance in regards to her monetary policy and how she plans to restructure the social/economic framework of the US if her freshly proposed ‘Green New Deal’ is passed by the senate. Elaborating on her stance, Cortez said that […] дальше »

2019-2-9 17:32


IMF Committed to Bitcoin Adoption and Fostering a “Cashless Society”

International Monetary Fund that fosters global monetary cooperation and secure financial stability is keen on a digitized world and is having a “cashless society”vision. Recently, IMF released a report titled Crypto Currencies and Monetary Policy by Jeffrey Franks, Director of IMF Europe Office where he talks about how “Money has evolved over time, to meet […] дальше »

2019-2-9 23:37


A Central Bank Digital Currency May Lead to All Kinds of Monetary Chaos, says Korea’s Central Bank

A Central Bank Digital Currency (CBDC) is not good for a country’s financial stability, said the Bank of Korea in its latest report. Dubbed as ‘Central Bank Digital Currency and Financial Stability,’ the study found that the introduction of CBDC deposits would radically decrease the supply of private credit by commercial banks. дальше »

2019-2-8 14:20


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Living on Bitcoin for a Week in San Francisco

When I decided, maybe against my better judgement, to live on bitcoin for a week, the plan was met by a combination of cautions and jokes from friends and loved ones: “Just don’t starve,” “Well, it’s the New Year, a perfect time to start a new diet,” “Will you be able to eat?”, “Have you really thought about it?”I had “really” thought about it and it seemed not only sensible but necessary. дальше »

2019-2-5 23:06


ORS CryptoHound Study: “6 of the World’s Most Loaded ETH Wallets Might Have Faked Decentralization”

If investigative data released by ORS CryptoHound is to be believed, a lot of unusual monetary activity has been taking place on the Ether blockchain over the course of the past 30-45 days. As part of their efforts, the folks over at ORS CryptoHound analyzed the one hundred largest Ethereum transactions that took place on […] дальше »

2019-1-27 20:01


International Monetary Fund’s Lagarde Sees Fintech as a Prevailing Force, Alternative to Banks in the Next Crisis

The World Economic Forum was held this week in Davos, and there were many major players in the traditional finance and cryptocurrency worlds discussed globalization. Christine Lagarde, the managing director of the International Monetary Fund (IMF) hosted one of the panels, and she had plenty to say about the growth of fintech and the need […] дальше »

2019-1-26 20:54


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Simon Dixon Reflects on the 10th Anniversary of Bitcoin

With the 10th anniversary of Bitcoin’s launch under the industry’s belt, it’s hard to believe how far the space has traveled in that time. Bitcoin Magazine has asked a number of long-time members of the space to reflect on their experiences, and published author Simon Dixon spoke with us about some of his observations over the years. дальше »

2019-1-26 01:44


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Elections Canada Consults With Political Parties on Crypto Donations

According to Elections Canada, the agency that runs federal elections in Canada, there has been “a growing interest” in cryptocurrency donations. This trend has prompted some political parties to ask for a ruling on how best to manage bitcoin and other cryptocurrency political donations and how to navigate the various reporting systems required by both Elections Canada and the parties so that they comply with the Canada Elections Act. дальше »

2019-1-24 20:28


Let’s Look at How the SEC’s Regulatory Tactics Have Affected Ethereum and the Crypto Market

By the end of 2017, it almost looked inevitable that Bitcoin and Ethereum would take over the world of digital finance— primarily because they offered consumers with novel offerings (such as dApps and smart contracts) that made international monetary transactions highly streamlined and hassle free. Fast forward to the start of this year and the […] дальше »

2019-1-20 19:49


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0x Network Volumes Reach Fresh Lows But Open New Monetary Incentive ‘Market Maker Program’

Around a fortnight back, the folks over at 0x announced the launch of an initiative called the “Market Making Program” that was designed to bootstrap liquidity to its network. To elaborate further on the matter, we can see that the program aims to incentivize market makers to develop “fully automated liquidity solutions” on the 0x […] дальше »

2019-1-14 19:07


BitPay CEO Believes Majority of the Bitcoin Ecosystem is Becoming “Healthy” Once Again

Despite the global crypto sector displaying erratic monetary signals all through 2018, many analysts and experts believe that this burgeoning market domain will once again experience a massive breakout by the end of 2019 (mainly due to the positive technical indicators associated with digital currencies such as Bitcoin, Ethereum, XRP etc.) In this regard, Sonny […] дальше »

2019-1-12 21:12


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0x Launches Market Maker Program for Stakeholders to Provide Liquidity in Markets

Matt Taylor, Marketing Lead at 0x (ZRX), an open protocol for decentralized exchanges, announced the launch of a Market Maker Program on January 7, 2018, via a Medium post, stating that the program aims to make liquid assets available to the 0x community through monetary incentives, comprehensive tutorials, and supporting the company’s engineering team. дальше »

2019-1-9 19:45


New Bank For International Settlements (BIS) Report: 70% Of Central Banks Are Studying Cryptocurrencies

Report Shows 70% Of Central Banks Is Performing Research Regarding CBDCs According to a recent report published on January 8 by the Bank for International Settlements (BIS) seventy percent of central banks around the world are analyzing the introduction of Central Bank Digital Currencies (CBDC). However, it seems that just a few of these monetary […] дальше »

2019-1-8 21:14


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Texas Updates Regulatory Guidance Regarding Cryptocurrency Activities

The Texas Department of Banking has published new guidance regarding the regulatory treatment of virtual currencies under the Texas Money Services Act. The document states that most transactions involving cryptocurrencies will not be considered a transfer of “monetary value” but the exchange of virtual currencies for fiat will likely be recognized as a “money transmission. дальше »

2019-1-5 21:00


Mark Dow Believes Bitcoin’s Scammy Promotion Runds Wild And Has No Credible Use Cases

Mark Dow Believes Bitcoin Is Too Scammy And Volatile To Be Widely Adopted The recognized analyst and trader Mark Dow is skeptical about Bitcoin’s future as a widely used digital asset. In a recent tweet uploaded on January 2, the former International Monetary Fund (IMF) economist, believes that the world’s leading digital currency does not […] дальше »

2019-1-4 02:17


Bermuda Releases Draft Digital Asset Custody Code of Practice for a Month Consultation Period

The Bermuda Monetary Authority – also known as BMA – has released a draft digital asset custody code of practice for a consultation. The main intention behind this release is to provide better regulatory standards to an industry that is searching for legal clarity around the world. The information was released on December 21st by […] дальше »

2018-12-22 09:15