Bank of Japan: Cash Prevents Digital Currencies With Negative Interest
Bank of Japan says digital currencies can’t be issued by banks hoping to push through a negative interest rate agenda Go to Source Powered by WPeMatico
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Economist Joseph Stiglitz: Only a Fool Would Trust Facebook’s Libra
“Every currency is based on trust, but only a fool would trust Facebook’s Libra” noted Nobel laureate in economics Joseph Stiglitz Go to Source Powered by WPeMatico
Side Effects of Economic Growth: Is Snowden Right to Say Bitcoiners Shouldn’t Be Bankers?
Growth is a goal that’s worth achieving, in most cases, and the current economic paradigm favors it. But when central banks start undermining their fiat economies and crypto companies begin to mimic financial institutions in its name, growth becomes an end in itself with self-destructive tendencies. Deutsche Bank’s head of strategy Jim Reid recently noted … Read more
From ‘Ponzi’ To ‘We’re Working On It’ – BIS Chief Reverses Stance On Crypto
The BIS is in the process of helping banks launch digital currencies, contradicting previous statements Go to Source Powered by WPeMatico
IMF Predicts Central Banks to Issue Digital Currencies
The IMF says central banks are interested in digital currencies, and several countries may join Uruguay in testing out CBDCs soon Go to Source Powered by WPeMatico
Central Bank of Uganda Warns Decentralized Cryptocurrencies Are Risky
The deputy governor of the Bank of Uganda has warned the public about the limited protections offered them when they invest in unregulated cryptocurrencies Go to Source Powered by WPeMatico
Swiss Stock Exchange Asks Central Bank to Issue Stablecoin
SIX Group, Switzerland’s principal stock exchange, asked the Swiss central bank to issue a stablecoin Go to Source Powered by WPeMatico
French Central Bank: Facebook’s Libra May Need Banking License
Facebook’s Libra must comply with anti-money laundering regulation and needs banking licenses, according to the Bank of France Governor Go to Source Powered by WPeMatico
‘Hope it Makes Me Rich’ — Ex-Trump Advisor Joins Crypto ‘Central Bank’
Ex-Trump advisor and conservative economist Stephen Moore has joined a stablecoin project that aspires to function as a new type of central bank Go to Source Powered by WPeMatico
48 Cryptocurrency Exchanges Now Approved in the Philippines
The number of approved cryptocurrency exchanges has been growing in the Philippines. In addition to 11 operators registered by the central bank, the Bangko Sentral ng Pilipinas, there are 37 other crypto exchange operators licensed by the government-owned Cagayan Economic Zone Authority. Also read: FATF Releases Global Standards for Crypto Assets 11 Crypto Exchanges Registered … Read more
