Different governments around the world were unsettled after American social media giant Facebook announced a permissioned Blockchain digital currency, named Libra. This proposed digital currency that is reportedly backed by a number of major national currencies, did not excite financial…
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EU Central Bank: Cryptos no threat to Euro Zone Financial Stability
In what will be seen as a positive step for crypto, the European central bank (ECB) has come out and said that cryptos are no threat to the financial stability of the Euro zone. The European central bank communicated this…
Chinese Economists Divided on Beijing Issuing its own Coin
Economic experts from China reportedly do not agree on the future of the Blockchain according to a survey from internet giant Tencent. The survey was conducted by Tencent’s financial science and technology Think tank where they sent questionnaires to a…
Iran Could Soon Unveil her very Own State Backed Crypto-currency
According to local English language news outlet Aljazeera, Iran could unveil its state-backed crypto-currency at the Electronic banking and payment systems conference in Tehran this week. The country which has been marred by sanctions, including fresh ones from the United…
Indian Investors Warned off Crypto by Local Authorities
Even as crypto enthusiasts look forward to a possibly sunnier 2019 when it comes to the crypto markets, some jurisdictions are casting heavy clouds on that possibility. The police in the Indian state of Jahmu and Kashmir have issued a…
The IMF Backs Further Exploration of State Backed Digital Currencies
The chairman of the international monetary fund (IMF) Christine Lagarde has encouraged the exploration central bank of digital currencies (CBDCs) amid declining demand for cash and an increased demand for virtual money. Speaking at the Singapore Fintech festival, Lagarde said…
High Stakes Trial of Avi Eisenberg Involves Alleged 110 Million Dollar Theft from Mango Markets Crypto Exchange
In the high-stakes trial of Avi Eisenberg, a 28-year-old trader, federal jurors in New York…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a…
