G7 Panics: “Global Stablecoins Pose Threat To Financial Stability”

G7 Panics: “Global Stablecoins Pose Threat To Financial Stability”

The G7 group of nations has reportedly drafted a report which says that “global stablecoins” pose a threat to the global financial system. According to the BBC on Oct. 13, a draft report from the G7 outlined the various risks associated with...
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Marshall Islands Creating New Cryptocurrency For De-Dollarize Purpose

Marshall Islands Creating New Cryptocurrency For De-Dollarize Purpose

The Republic of the Marshall Islands has been using the US dollar since 1979.  But in a new Bloomberg report and a statement from a senior Marshall Islands official, that could all change as the country with a population of 75,000 could soon issue a...
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Rumour: Alibaba, Tencent, Six Others To Receive First Chinese Government Cryptocurrency

Rumour: Alibaba, Tencent, Six Others To Receive First Chinese Government Cryptocurrency

China’s central bank (PBoC) will launch a state-backed cryptocurrency and issue it to eight institutions in the coming months, according to a former employee of one of the institutions who is now an independent researcher. Paul Schulte, who worked as...
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Elixxir: Privacy Preserving Technology vs. Legislation

Elixxir: Privacy Preserving Technology vs. Legislation

Dr. David Chaum – inventor of eCash and founder of DigiCash in 90’s and now CEO of project Elixxir, blogged about Privacy Preserving Technology vs. Legislation. After last spying Apple’s faux pas and spending decades focused on the intersect...
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Alexandria Ocasio-Cortez’s exchange with Facebook’s crypto boss

Alexandria Ocasio-Cortez’s exchange with Facebook’s crypto boss

Alexandria Ocasio-Cortez’s exchange with Facebook’s crypto boss about who actually controls the Libra currency. Rep. Alexandria Ocasio-Cortez and the Facebook exec David Marcus had an enlightening exchange on Wednesday during a hearing with lawmake...
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BIS Chief Reverses Stance On Cryptos

BIS Chief Reverses Stance On Cryptos

From “Ponzi” To “We’re Working On It” – Cryptos Hater BIS Chief Reverses Stance On Cryptos The head of the Bank of International Settlements (BIS) has appeared to U-turn on issuing digital currencies after a fresh interview ...
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Libra – Briefly Explained

Libra – Briefly Explained

It’s Facebook’s new cryptocurrency. The point is that you can send money all over the world with lower fees than if you were to engage, say, Western Union. It’s shady as hell, though. You remember Tyler and Cameron Winklevoss? The...
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Old Moneycreators Panicking

Old Moneycreators Panicking

G7 Forming Task Force in Response to Facebook’s Libra Cryptocurrency. With the recent unveiling of Facebook’s Libra cryptocurrency raising regulatory questions, France is forming a task force within the Group of Seven (G7) nations to examine the issues. Re...
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Facebook has finally revealed the details of its cryptocurrency Libra

Facebook has finally revealed the details of its cryptocurrency Libra

Facebook has finally revealed the details of its cryptocurrency, Libra, which will let you buy things or send money to people with small fees. You’ll pseudonymously buy or cash out your Libra online or at local exchange points like grocery...
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Facebook’s cryptocurrency Libra to debut next week

Facebook’s cryptocurrency Libra to debut next week

Facebook’s cryptocurrency Libra to debut next week backed by Visa, Mastercard, Uber, and others, with a launch to follow in 2020. Facebook has secured the backing of over a dozen companies for its upcoming Libra cryptocurrency set to be announced next...
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India’s Draconian Anti-Crypto Bill Proposes 10-Yr Prison for Crypto Adopters

India’s Draconian Anti-Crypto Bill Proposes 10-Yr Prison for Crypto Adopters

Lawmakers in India have proposed a bill which would see crypto ownership made completely illegal, with as much as a 10-year prison sentence for anyone caught holding cryptos. This coincides directly with India’s plans to launch its own state-backed cryptocur...
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Rumor: Facebook Is Looking for VC to Launch Its Own Stablecoin

Rumor: Facebook Is Looking for VC to Launch Its Own Stablecoin

According to Nathaniel Popper, editor of the New York Times, Facebook addresses VC (venture capital) investors as it seeks $1 billion as underlying collateral for its own stablecoin. Popper has posted this rumor on his Twitter account yesterday. News on...
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IBM ramps up (pseudo)crypto cross-border payments

IBM ramps up (pseudo)crypto cross-border payments

The cryptocurrency-based cross-border payments competition is cranking up. IBM Corp. said today its Blockchain World Wire initiative, a global payments network for regulated financial institutions, has entered production and will support instantaneous foreign...
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Lifestyle – After Bust of Pricey, Slow, Old Gen Cryptos, Here Is New Gen

Lifestyle – After Bust of Pricey, Slow, Old Gen Cryptos, Here Is New Gen

After bust of pricey, low performance, slow, old gen cryptos, here are much faster high-performance new generation cryptos. About 1850 new projects are hosted on the platform Tron Network. Each project has its own tokens. Because there is no performance diffe...
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