A Decade of Quantitative Easing Has Paved the Way for the Age of Digital Currency

December 20, 2019

Through a radical policy of “quantitative easing” introduced to counter the “zero lower bound” problem in interest rates, the central banks of the U.S., the euro zone, and Japan have added almost $10 trillion in assets to their balance sheets since the end of 2009.

US Lawmakers Ask IRS to Clarify Crypto Tax Rules Around Airdrops, Forks in New Letter

December 20, 2019

The U.S. taxman's most recent crypto guidance is sowing confusion, according to a letter from eight congressmen published Friday.

Bitcoin, Gold, Silver And Armageddon

December 10, 2019

If global warning isn’t going to get us, an asteroid isn’t going to strike, a plague thawing from Siberian ice sheets about to scythe us down, it will be the civil war in America, the collapse of the dollar, peak oil, no oxygen in the oceans, the 1%, a pantheon of local and international politicians, terrorists, dirty bombs and perhaps the much predicted second coming itself that will holocaust.

Greeks set to face heavy fines if they don't spend 30 per cent of their income electronically

December 09, 2019

Greeks will be hit with a hefty fine if they do not spend almost a third of their income electronically in an unprecedented bid by the new government to stamp out rampant tax evasion.

Georgia Governor Appoints Bakkt CEO Loeffler as New US Senator

December 04, 2019

Georgia Governor Brian Kemp officially appointed Bakkt CEO Kelly Loeffler to the U.S. Senate on Wednesday, where she will fill current Senator Johnny Isakson’s seat. 

Jack Dorsey’s ‘Future Defining’ Plan To Bring Bitcoin To 1.2 Billion People

December 01, 2019

Bitcoin and cryptocurrency has struggled to find its place in the developed world— where payments are easy, corruption is (relatively) low and infrastructure is in place.

Russian Central Bank Says It Would Support Crypto Ban

November 29, 2019

The Bank of Russia has backed a potential ban on cryptocurrency payments.

Fidelity Digital Assets Gets NY Trust Charter to Custody Bitcoin for Institutions

November 20, 2019

Fidelity Digital Asset Services has obtained a trust company charter from the New York Department of Financial Services (NYDFS), allowing the Fidelity Investments unit to custody bitcoin for institutional investors in the financial capital of the U.S.

China is building up its ‘shadow reserves’ to counter its reliance on the US dollar

November 17, 2019

China is heavily exposed to the U.S. dollar, but now, with the risk of “decoupling,” Beijing is silently diversifying its reserves to reduce its dependence on the world’s largest reserve currency, analysts say.

How Trump’s helping China win the digital currency race

November 14, 2019

Dovey Wan, partner at Primitive Ventures, said, in a speech yesterday, that China’s upcoming digital currency efforts are putting it ahead of the US in the competition for global financial dominance.

Fed’s Powell says interest rates unlikely to change as long as growth continues

November 13, 2019

The Federal Reserve is unlikely to adjust interest rates anytime soon so long as the economy remains on its present path, central bank Chairman Jerome Powell told Congress on Wednesday.

Banker Who Called Bitcoin ‘Evil Spawn’ Heads BIS Digital Currency Hub

November 11, 2019

A former European Central Bank board member will chair a new arm of the Bank of International Settlements (BIS) focusing on digital currencies and financial innovation. 

Russia: Government Official Expects To Mine 20% Of The World's Bitcoin

November 07, 2019

Bitcoin mining company owned by Russia’s internet ombudsman is planning to open a new facility and corner 20% of the international market.

Chinese Agency Scraps Plan to Eliminate Bitcoin Mining Industry

November 06, 2019

More than six months after the China National Development and Reform Commission proposed to categorize bitcoin mining as an industry to be phased out from the country, it appears the agency has now scrapped that plan.

IMF Chief Christine Lagarde Calls for Digital Currencies, But We Need to Go Further

November 17, 2018

Lagarde’s speech at the Singapore Fintech Festival several days ago called on countries to issue their own digital currencies.

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