Global Macro Investor CEO, Raoul Pal, discussed the current economy this week and asked his 394,000 followers if people are using the wrong denominator when it comes to certain economic…
Continue ReadingOn Tuesday, the cannabis firm Synbiotic SE, a publicly-traded company in Germany that’s listed on the Frankfurt Stock Exchange and Xetra, has announced it is leveraging bitcoin to hedge against…
Continue ReadingReserve currency is money held by central banks or treasuries usually for international transactions. Argentina is not going to be able to purchase a Boeing 737 MAX passenger jet, for…
Continue ReadingFormer Canadian prime minister Stephen Harper has mentioned bitcoin alongside gold as assets that can possibly act as alternative reserve currencies. However, the former premier still argues that despite the…
Continue ReadingThe European Union (EU) is reportedly planning to reduce its reliance on the U.S. dollar-based financial system, after American sanctions on Iran exposed the vulnerabilities of the bloc’s financial infrastructure.…
Continue ReadingCentral Bank Digital Currencies (CBDCs) have been an integral part of progressive discussions within the cryptocurrency community. CBDCs are virtual representations of the fiat currency of a particular country. They…
Continue ReadingBitcoin’s Lightning Network is bringing fiat to every corner of the world, thanks to Visa-partnered startup Zap Inc. Strike – the Chicago-based startup’s Bitcoin wallet and banking service – is…
Continue ReadingThe U.S. dollar’s dominant position as the reserve currency of choice may be in peril, as its share of global currencies held in reserves continues to decline. International Monetary Fund…
Continue ReadingA municipality in the province of Sevilla, Spain, has launched its own cryptocurrency, which aims to encourage residents and merchants to arrange transactions with it in the midst of the…
Continue ReadingDecentralized stablecoin exchange Curve Finance has added the euro as a secondary currency option following demand from users. As announced in a Dec. 20 tweet, Curve now has a liquidity…
Continue ReadingA number of popular U.S. dollar-pegged stablecoins exist on the crypto market. Stablecoins based on the euro also exist, but are notably less liquid, according to Zahreddine Touag, co-founder and…
Continue ReadingGermany’s Bankhaus von der Heydt, or BVDH, has launched a Euro stablecoin on the Stellar network. The bank claims the token is the first of its kind to be issued…
Continue ReadingThe technological developments brought about by the invention of blockchain, bitcoin, and cryptocurrencies are rapidly transforming the financial landscape with the nascent industry failing to fit any conventional classification to…
Continue ReadingSeveral experts from various European banks agreed that even a proof of concept for a digital euro is four or five years away. In a panel on Monday called “Upgrading…
Continue ReadingOver the years, we have been introduced to a digital transformation, which has created and shaped communities around the world. Digital technologies have introduced newly evolved ways of how the…
Continue ReadingEarlier this week, Lithuania’s tax service, the Lithuanian State Tax Inspectorate, added $7.6 million dollars to the state budget through the sale of cryptocurrencies seized in criminal investigations. The occasion…
Continue ReadingAt its current price per unit, the decentralized cryptocurrency Bitcoin’s market valuation has surpassed the overall value of the International Monetary Fund’s (IMF) Special Drawing Rights market (SDR $281 billion).…
Continue ReadingSimplex, a major crypto-to-fiat payments provider, is adding another fiat offramp to enable its partner exchanges like Binance and Huob to sell major stablecoin Tether (USDT) to the euro. According…
Continue ReadingCanada doesn’t want any “surprises” regarding central bank digital currencies. In a recent interview with Reuters, Bank of Canada Governor Tiff Macklem doubled down on the country’s contingency-plan approach to…
Continue ReadingEthereum software firm ConsenSys has just sealed its sixth central bank digital currency project. On Oct. 28, the blockchain organization announced that it will be collaborating with Société Générale Forge on…
Continue ReadingDespite this year’s uncertainty that has plagued the global economy, 2020 will go down as the year of the stablecoins due to the digital sector’s tremendous growth, with new developments…
Continue ReadingBitcoin is maturing, suddenly becoming a respected asset that institutions, hedge funds, and even corporations are considering. The cryptocurrency shares many similarities with gold, giving it the attributes of a…
Continue ReadingConsensys-backed e-money issuer Monerium thinks the route to a digital euro is simpler than the European Central Bank suggests. The fintech, which focuses on bridging fiat money with blockchains by…
Continue ReadingThe European Central Bank launched a public consultation on a potential digital euro on Oct. 12. Developments on the central bank digital currency front in the Eurozone have picked up…
Continue ReadingInvestors predicting sharp upsides in the Bitcoin market could meet a string of aversions from a bullish US dollar outlook. On Friday, the greenback inched higher–and the Bitcoin price slipped…
Continue Reading2020 has been the year of stablecoins, as the token supply has doubled in the last three months. The aggregate market capitalization of 28 stablecoins captures over $20 billion on…
Continue Reading2020 has been a rollercoaster year for Bitcoin. The lockdowns caused by the coronavirus pandemic earlier in the year pushed the crypto lower by almost 60 percent. Its crash shortly…
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