The window of opportunity for investors to cash out to fiat is expected to be between three-to-six months.
The Central Bank of Nigeria has ordered its national banks and all other financial institutions to close customer accounts linked to cryptocurrency use. Crypto Is Prohibited in Nigeria For the first time, a...
A Short Introduction To What Influences Money Supply In The Modern Economy It’s undeniable — the world runs on money. This thought is ingrained in all of us and we all understand it deeply. This is evident by the fact that we spend vast amount of hours every day in order to attain more of it. In the Bitcoin space, we constantly see...
01/Nov/2008: A pseudonym of unknown nationality sent an email carrying word of Bitcoin, a peer-to-peer, electronic cash system with no trusted third party. The New York Times 02/Dec/2008: “U.S. Recession began last December, economists...
2020 was unforgettable, especially for Bitcoin. To help memorialize this year for our readers, we asked our network of contributors to reflect on Bitcoin’s price action, technological development, community growth and more in 2020, and to reflect on what all of this might mean for 2021. These writers responded with a collection of thoughtful and thought-provoking articles. Click here...
2020 was unforgettable, especially for Bitcoin. To help memorialize this year for our readers, we asked our network of contributors to reflect on Bitcoin’s price action, technological development, community growth and more in 2020, and to reflect on what all of this might mean for 2021. These writers responded with a collection of thoughtful and thought-provoking articles. Click here...
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The European Central Bank (ECB) and the United States are seriously analyzing issuing central bank digital currencies (CBDCs). Two of the largest economies in the world are analyzing […]
Speaking at the annual ECB Forum on central banking, heads of the three central banks said that they are actively exploring the idea of a CBDC. Some predict it will end private stablecoins, like...
Some central banks have started selling gold again after 10 years as some gold-producing nations are looking to take advantage of high prices. Due to the effects of the coronavirus pandemic on the economy, some central banks have started selling gold at near-record prices. Selling at $1,875 per ounce, the price of gold has dropped by 9.63% over the last few months. It...
Federal Reserve Chairman Jerome Powell has stated that a central bank digital currency (CBDC) could improve the current payment system in the United States but that there also potential pitfalls to address as well. Jerome Powell made this assertion during the International Monetary Fund (IMF) panel discussion on cross-border...
Japan-based LINE, a popular messaging app, has disclosed its intention to introduce a blockchain platform centered on central bank digital currency development. According to Chosun, a South Korean newspaper, Line Corporation will help central banks who want to produce digital currencies through the use of its own CBDC...
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Andreas M. Antonopoulos, speaker, educator, and the author of Mastering Bitcoin, Mastering Ethereum, and The Internet of Money, Volumes 1, 2, and 3, and Dan Held, growth lead at Kraken Digital Asset Exchange, discuss the core features of Bitcoin's monetary policy, including how it differs from traditional central bank monetary policy, what gives it value and yet how it seems to have derived...
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