Bahamas

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Central Bank of Brazil Issues Guidelines for Its CBDC

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The Central Bank Of Brazil, the highest monetary authority of the country, has released a note listing the general guidelines for the design of a hypothetical central bank digital currency (CBDC) for the country. While there are still no concrete steps taken in this direction, at least the document recognizes there have been discussions about … Read more

Digital Yuan Launch Draws Near: JD.com Employees Paid in e-CNY, Tencent, Ant, Mastercard Engage With PBoC

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China, the world’s most populous country, has jumped leaps and bounds in comparison to a great number of other countries when it comes to the creation of a central bank digital currency. As each day passes, China’s digital yuan is seemingly getting closer to large-scale adoption, as big-name corporations like the e-commerce giant JD.com, Mastercard, … Read more

Life on the Run- An Insiders Look at John McAfee on the Run

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I opened my Telegram and noticed I had way more messages than usual. I knew something was askew. The headers of the messages were all very similar, “John McAfee just called you an idiot on Twitter.” Here we go I muttered under my breath as I further investigated what all the hype was about. I … Read more

Bahamas-Based Deltec Bank Holds a ‘Large’ Bitcoin Position

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Bahamas-based Deltec Bank & Trust said during a recent video review that it’s holding a “large position” in bitcoin. The information was given by their chief investment officer, Hugo Rogers. Deltec Executive Discusses Bitcoin Position According to the video uploaded to the bank’s Youtube channel, Deltec’s large position in bitcoin (BTC) has brought “a lot … Read more

Relm Launches Insurance Coverage for Cryptocurrency and Cannabis Groups in Tough Regulatory Climate

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Bermuda-based insurance company Relm has announced an official launch of operations, issuing a press statement March 3, stating the group will “focus on digital asset (cryptocurrency) enterprises and cannabis and hemp related businesses.” The business, owned by Deltec International Group, a Nassau private financial services provider founded in 1959, currently offers five basic products for … Read more

Crypto and Real Estate Were Built for One Another

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Whether buying, selling or tokenizing real estate, the property market and blockchain are deeply intertwined. As the purchase of property has become possible with bitcoin, so has the wider potential of blockchain technology to transform the industry. The convergence of real estate and cryptocurrency is no longer the stuff of idle speculation, but a growing … Read more

Central Banks Worldwide Testing Their Own Digital Currencies

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Central banks worldwide are examining the possibility of issuing a central bank digital currency (CBDC), with some already testing theirs for different uses. Countries that have advanced their digital currency projects include China, Singapore, Canada, the Bahamas, Thailand, Uruguay, and Sweden. India has also included the digital rupee in the country’s draft cryptocurrency bill. Also … Read more

After Fleeing From the US Government John McAfee Warns His Enemies

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For a few weeks now, the former antivirus software tycoon John McAfee has said he is fleeing from the U.S. government for not paying his taxes. More recently McAfee’s been on a tweet tirade, speaking directly to his “pursuers” and telling them to leave him alone. Also Read: CME’s Bitcoin Futures Hit New Records McAfee: … Read more