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Central Bank

A Short History of Major Fiat Currency Collapses and What Triggered Them

February 3, 2019 Admin Wordpress 0

  Earlier this year we witnessed a mini flash crash that hit the fiat currency markets. It took approximately seven minutes for the Australian dollar to plummet against the Japanese yen, which surged to levels [more…]

Bank’s Refusal to Release $1.2B of Venezuelan Gold Strengthens the Case for Bitcoin

January 27, 2019 Admin Wordpress 0

Venezuela’s economic crisis is impossible to ignore. President Nicolás Maduro’s attempt to withdraw $1.2 billion of the country’s own gold from the Bank of England (BoE) has been rejected. The notion of a sovereign state being denied [more…]

Deutsche Bank Headquarters Raided by 170 Police Officers Over Money Laundering

December 2, 2018 Admin Wordpress 0

  Deutsche Bank’s headquarters and five other offices have been raided by 170 police officers, prosecutors, and tax inspectors over money laundering allegations. The bank’s written and electronic business documents were reportedly seized. Its employees [more…]

Caribbean Central Bank Explores Issuing Its Own Digital Coin

August 15, 2018 Admin Wordpress 0

A growing number of governments and central banks around the world are looking to the possibility of issuing their own digital coins these days. The latest financial institution to join this trend is the Caribbean [more…]

Over 500 BTC Belonging to Iranians Seized by US Government: Report

July 23, 2018 Admin Wordpress 0

According to the head of Iran’s Blockchain Association, over 500 BTC belonging to Iranians were confiscated by the U.S. government last year, and the number is still rising. He explains that Iranians are unable to [more…]

Venezuela Certifies 16 Cryptocurrency Exchanges

April 30, 2018 Admin Wordpress 0

The president of Venezuela, Nicolas Maduro, has announced the end of the pre-sale for the Petro, the country’s “cryptocurrency”. He claims it has raised the equivalent of over 3 billion dollars. Maduro has also certified [more…]

St. Louis Fed Rejects Notion of Central Bank-Issued Cryptocurrencies

April 27, 2018 Admin Wordpress 0

The St. Louis Federal Reserve has published an essay critically evaluating the notion of cryptocurrencies that are issued by central banks. The article is highly dismissive in presenting what it describes as “the non-case for [more…]

Most Britons Won’t Support a Crypto Issued by the Bank of England Says Poll

April 19, 2018 Admin Wordpress 0

Almost two thirds of British people would not support a cryptocurrency issued by their central bank, according to a survey. Pollsters also found that the majority of Britons have already heard of bitcoin, however, a [more…]

The Challenge of Conforming Crypto to the Language of Regulation – or Vice Versa

April 13, 2018 Admin Wordpress 0

An often overlooked hurdle in the formulation of legislative apparatus for cryptocurrency is the challenge of adapting cryptocurrency to the classifications and language of financial regulations. Also Read: Research Paper Declares Bitcoin Compliant With Shariah Law [more…]

Research: Bitcoin Exposes Central Banks’ Currency Manipulation and Capital Controls

April 7, 2018 Admin Wordpress 0

Now bitcoin can provide economic researchers a new tool for exposing both currency manipulation and capital controls, in a way never thought possible before due to a lack of a perfect benchmark. This is done [more…]

“Private Digital Money” Better than State-Issued, Swiss Central Banker Says

April 7, 2018 Admin Wordpress 0

Private digital currencies are better than any state-issued version, admitted a high-ranking representative of the Swiss National Bank. Cryptocurrencies are also less risky, according to Andrea Maechler, member of the central bank’s governing board. Her [more…]

Thai Government Cannot Stop Crypto Use – Regulatory Framework Expected in a Month

February 8, 2018 Admin Wordpress 0

Thailand’s financial agencies have agreed that regulators cannot stop the use of cryptocurrencies within the country. The relevant ministries will meet and discuss the regulatory framework for digital currencies and initial coin offerings, which is expected [more…]

No Strong Case to Ban Crypto Trading, Singapore Says

February 7, 2018 Admin Wordpress 0

The Monetary Authority of Singapore has been studying cryptocurrency developments and there is no strong case to ban crypto trading, a high-ranking government official told lawmakers. The adoption of regulations in other countries in the [more…]

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