IIF Report Predicts Global Debt Will Reach New All-Time High of $257T in 2020
Global debt records were broken in 2019, but that likely won't be the end of such ominous economic milestones, the Institute of International Finance (IIF) predicts. The number could reach $257 trillion sometime in Q1 2020, according to a recent ... read more.
4 Bitcoin Mixers for the Privacy Conscious
In an era of unprecedented global surveillance, it is unreasonable to expect the blockchain world to be any different. It is perfectly reasonable, though, to resist this surveillance through countermeasures that thwart the would-be surveillers. Digital privacy is a right ... read more.
Silvergate Bank and Bitstamp Launch Bitcoin Collateralized Loans
U.S.-based Silvergate Bank has launched a bitcoin collateralized loan product with Bitstamp as its launch partner. The crypto exchange will act as the bank's agent to manage and provide custody for bitcoin collateral. The product utilizes Silvergate Bank's Exchange Network ... read more.
Uzbekistan to Create National Mining Pool, Launch Licensed Exchange
Establishing a “national mining pool” has been declared a priority in Uzbekistan. Miners who join the pool will enjoy lower electricity rates, announced the country’s agency overseeing the crypto industry. The Central Asian nation is also preparing to launch a ... read more.
Simple Ledger Protocol Shines During the Final Day of TNABC Miami
On Friday, The North American Bitcoin Conference (TNABC) convened for its final day with a great deal of well known speakers from the blockchain and cryptocurrency industry. The slew of speakers discussed topics like the future of crypto mining, SLP ... read more.
Russia’s New Prime Minister Has an Opinion of Cryptocurrencies
The Russian Federation has a new prime minister, Mikhail Mishustin, with a track record of statements regarding cryptocurrencies and an affection for digitalization. A stated goal of his government will be to turn the country into a digital platform “for ... read more.
New Stablecoins Commence a Fresh Assault on Tether
Can any stablecoin topple tether? In 2019, the answer to that question was an emphatic ‘No.’ Despite a string of stablecoins being released onto the market, tether (USDT) increased its grip on the cryptoconomy’s fiat supply, racking up $127B of ... read more.
Direct Democracy Party to Solve Issues With Crypto Rights in Russia
A new political force is being born in Russia out of the country’s tech business circles. The idea has been conceived by representatives of the country’s growing digital economy sector who want to embark on finding solutions to numerous issues ... read more.
Unnecessary Evil: How Government Regulations Kill Crypto Startups and Encourage Crime
Thanks to the EU's most recent money laundering directive, a small business called Post-a-coin, which sold cute postcards pre-loaded with tiny amounts of bitcoin, is being forced to shut down. Meanwhile, the most heinous criminals in history are continuing to ... read more.
Crypto Employment Abounds With More Than 8,000 Jobs in 2020
During the last year, the cryptoconomy has picked up pace after a drawn out crypto winter. When market prices were low and startups were short on capital, a bunch of firms laid off employees in 2018. A year later, and ... read more.
New Guidelines Subject Canadian Crypto Exchanges to Securities Laws
Canadian regulators have issued new guidance determining when current securities legislation applies to operations conducted by cryptocurrency exchanges. According to the clarifications in the document, many domestic and foreign entities serving Canadian users, for example those that provide custodial services, ... read more.
FATF Holds Global Forum to Discuss Crypto Supervision
The Financial Action Task Force (FATF) and over 50 delegations involved in crypto supervision recently gathered to discuss how to regulate crypto assets and related service providers. While examining three key areas, they stressed the importance of international cooperation, citing ... read more.
Crypto vs RBI: 3 Days of Intense Supreme Court Hearings
India's supreme court heard the crypto case in detail over three consecutive days this week. In addition to intense arguments against the central bank having the power to ban crypto, the judges learned how other countries regulate this new sector, ... read more.
Monopoly Is a Tiny Darknet Market With Big Aspirations
There’s a certain irony in the smallest market on the darknet being named Monopoly. With less than 150 listings, the monero-friendly Monopoly Market is anything but. What this tiny darknet market (DNM) lacks in size, however, it makes up for ... read more.
