Former World Bank Chief Economist: Bitcoin Will Fail as Governments Increase Regulation
Three U.S. economists offer harsh criticism of Bitcoin, claiming that it’s doomed to be “regulated into oblivion” Go to Source Powered by WPeMatico
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Chinese Yuan Now Accounts for Less Than 1% of Bitcoin Trades, Says PBoC Report
Report: China’s central bank says the yuan now accounts for less than 1% of global Bitcoin trades, down from over 90% prior to the country’s crypto Go to Source Powered by WPeMatico
Hodler’s Digest, July 1-8: Finland Calls Bitcoin a ‘Fallacy,’ While EU Warns Against BTC Pessimists Like Robert Shiller
Malta takes more steps to becoming the “blockchain island,” IBM signs a $740 mln deal with the Australian gov’t for blockchain tech, and more in this week’s Hodler’s Digest Go to Source Powered by WPeMatico
Wendy McElroy: The Free Market Can Provide Law
The Satoshi Revolution: A Revolution of Rising Expectations Section 4: State Versus Society Chapter 9, Part 3 The Free Market Can Provide Law Crypto is the Wild West, and there ought to be a law. I agree. But agreement is the beginning of a vigorous dispute. It comes down to the question of “what is … Read more
Germany’s Finance Ministry: State-Issued Digital Currency Has ‘Not Well Understood’ Risks
Germany’s Ministry of Finance says issuing a central bank digital currency contains “a number of risks that are not well understood” Go to Source Powered by WPeMatico
Romania Releases Draft Bill Regulating the Issuance of Digital Currency
Romanian authorities have published a draft bill to regulate the issuance of electronic money within the country Go to Source Powered by WPeMatico
India: Senior Opposition Member Demands Probe Into ‘Mega Bitcoin Scam’
A member of the Indian opposition party has demanded a probe into a supposed “mega Bitcoin scam” involving majority officials Go to Source Powered by WPeMatico
Reserve Bank of Zimbabwe to Study Blockchain Implementation
The Reserve Bank of Zimbabwe has started studying distributed ledger technology in order to deploy it in the bank’s business practices Go to Source Powered by WPeMatico
Florida CFO Advocates Creation of State “Cryptocurrency Chief”
The Florida Chief Financial Officer (CFO), Jimmy Patronis, has issued a statement calling for Florida’s government to create the post of “cryptocurrency chief” to provide greater oversight to the state’s emerging digital currency sector. Also Read: Presidential Decree Sets the Stage for Legalizing Cryptocurrencies in Uzbekistan Florida CFO Advocates Creation of Government Post Overseeing Crypto Jimmy … Read more
Malta Passes Blockchain Bills Into Law, ‘Confirming Malta as the Blockchain Island’
The Maltese parliament has passed three bills into law which establish a regulatory framework for the blockchain sector in the country Go to Source Powered by WPeMatico