Final Russian Nuclear Scientist Jailed For Mining Bitcoin At Work
Third Russian nuclear scientist sentenced for role in Bitcoin mining scheme Go to Source Powered by WPeMatico
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After 6 Hours of Zuckerberg Testimony, Congress Still Hates Libra
The party line thickens and Libra looks hamstrung at yesterday’s Zuckerberg hearing before the House Financial Services Committee Go to Source Powered by WPeMatico
US Financial Watchdogs Join UK’s Global Financial Innovation Network
An array of U.S. regulatory agencies has joined the U.K’s Global Financial Innovation Network to further promote its expertise Go to Source Powered by WPeMatico
3 Major Signs That Precede the Fall of World Reserve Currencies
The story of reserve currencies is long and stretches far back into ancient times. As modern history shows, however, the average lifespan of fiat reserve assets is just around 100 years. This means that even the U.S. dollar’s period of dominance is probably nearing its end very soon, statistically speaking. But it’s not mere guesswork, … Read more
US Treasury Agrees on Need to Observe Libra After Congressman’s Request
The U.S. Treasury has agreed that there is a need to monitor Libra and the risks it may pose following a letter from Congressman Emanuel Cleaver Go to Source Powered by WPeMatico
Zuckerberg: Facebook Would Leave Libra if It Launched Too Early
Facebook will have to withdraw from the Libra Association if Libra is launched too early, Zuckerberg says Go to Source Powered by WPeMatico
How Fiat Money Fails: Deconstructing the Government’s Paper-Thin Promise
Fiat money has a surprisingly short lifespan. The almighty U.S. dollar currently serving as world reserve currency is not exempted, in spite of all proclamation that it cannot fail. Throughout history, fiat money has failed over and over again, where sound assets like gold have survived. Ruling out acts of god and unforeseen circumstance, the … Read more
Updating Live: Zuckerberg Hearings Before Congress on Libra
Cointelegraph brings you live updates from the congressional hearings with Mark Zuckerberg Go to Source Powered by WPeMatico
US Congressman: Default Reaction to Bitcoin, Blockchain Must Be ‘Yes’
U.S. Congressman Patrick McHenry, who represents North Carolina’s 10th District, has reintroduced the Financial Services Innovation Act to promote crypto innovation Go to Source Powered by WPeMatico
Bank Crisis Spreads in India – Deaths, Strike, Supreme Court Denial
The Indian banking sector is facing multiple challenges. Customers of several cooperative banks are still struggling to withdraw their money, and deaths have been reported in connection with withdrawal restrictions. Meanwhile, some 300,000 state-run bank employees are on strike against what the bank unions call “cold-blooded murder of six banks.” Also read: Indian Finance Minister … Read more