Israel Begins Seizure of Bitcoin Donations Collected by Hamas

Israel Begins Seizure of Bitcoin Donations Collected by HamasIsrael’s Defense Minister Benny Gantz has ordered the seizure of cryptocurrency funds raised by the Palestinian Islamist movement Hamas. His department has reportedly started taking control over digital wallets used by the terrorist group to collect crypto donations from abroad. Defense Ministry of Israel Targets Crypto Addresses Used by Hamas Minister Gantz approved the seizure […]

Go to Source

Powered by WPeMatico

Bank of Ghana ‘in the Advanced Stages of Introducing a Digital Currency’— Governor Repeats Anti-Cryptocurrency Claims

Bank of Ghana 'in the Advanced Stages of Introducing a Digital Currency'— Governor Repeats Anti-Cryptocurrency ClaimsThe governor of Ghana’s central bank, Ernest Addison, has said his institution is now “in the advanced stages of introducing a digital currency.” However, before its release into circulation, the digital currency—which is also known as the “e-cedi”— will first have to go “through three phases.” Bank of Ghana’s Embrace of Emerging Fintechs In his […]

Go to Source

Powered by WPeMatico

‘Chinese Invented Paper Money and They Will End It’- Brazil’s Far-Left Praises Digital Yuan  

Chinese Invented Paper Money and They Will End It, Brazil’s Far-Left Praises Digital Yuan  Digital currencies, those issued by central banks in particular, have been commended for their “disruptive nature.” The praise comes from a publication associated with one of Brazil’s far-left parties. A recently published article claims that CBDCs such as China’s digital yuan can radically change global finances and government policies. Digital Yuan to Do Away With […]

Go to Source

Powered by WPeMatico

‘Bitcoin Is the Biggest Jailbreak in Human History,’ Says Philosopher Stefan Molyneux

'Bitcoin Is the Biggest Jailbreak in Human History,' Says Philosopher Stefan MolyneuxOn February 19, the Canadian podcaster and Freedomain Radio host, Stefan Molyneux, discussed his thoughts about bitcoin following the crypto asset’s tumultuous rise capturing over a trillion-dollar market valuation. Molyneux’s recent speech describes the liberating potential bitcoin could bring to the masses and how the crypto network has the ability to change humanity for the […]

Go to Source

Powered by WPeMatico

Is Digital Currency Money? — IMF Says Only 23% of Central Banks Can Legally Issue Digital Currencies

Is Digital Currency Money? IMF Says Only 40 Central Banks Can Legally Issue Digital CurrencyResearchers at the International Monetary Fund (IMF) have examined the central bank laws of 174 IMF members to answer the question of whether a digital currency is really money. They found that of all the central banks studied, only about 23%, or 40 central banks, “are legally allowed to issue digital currencies.” IMF Explores if […]

Go to Source

Powered by WPeMatico

Ayn Rand: Francisco d’Anconia’s Speech on Money

“So you think that money is the root of all evil?” said Francisco d’Anconia. “Have you ever asked what is the root of money? Money is a tool of exchange, which can’t exist unless there are goods produced and men able to produce them. Money is the material shape of the principle that men who […]

The post Ayn Rand: Francisco d’Anconia’s Speech on Money appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

China’s Government Fuels Stablecoin Economy: Hong Kong Protesters, Singapore and Mainland Residents Flee Capital Controls

China's Government Fuels Stablecoin Economy: Hong Kong Protesters, Singapore and Mainland Residents Flee Capital ControlsA recent study published by Amun researcher, Eliézer Ndinga, shows that USD-pegged stablecoins are being leveraged in Hong Kong as “vehicles for capital control flight.” The report shows how individuals from mainland China, Singapore, and Hong Kong are moving their capital out of control by using these dollar-pegged blockchain tokens. Last week on June 9, […]

The post China’s Government Fuels Stablecoin Economy: Hong Kong Protesters, Singapore and Mainland Residents Flee Capital Controls appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

How to Build a Financial Growth Mindset

Money troubles are surprisingly common among Americans – more than half of Americans regret not saving more money for later in life and of those, most regret underfunding their retirement accounts, emergency funds, and the money toward the education of their children. As of 2020, American total household debt reached a new high as Americans across the country now owe a total of over $14 trillion. $1.64 trillion dollars of that amount owed is student loans – an average of nearly $30,000 per graduate. Another $1 trillion of this debt is from credit card debt – the pandemic isn’t helping

The post How to Build a Financial Growth Mindset appeared first on The Merkle News.

Go to Source

Powered by WPeMatico