Chinese central bank injects USD 174 billion of liquidity into the market

The Chinese central bank has injected liquidity worth 1.2 trillion yuan (174 billion dollars) into the markets on Monday through reverse repo transactions. This is expected to support stock markets as they reopen amid a new outbreak of the coronavirus. The Chinese authorities have announced that they will provide sufficient liquidity through various monetary policy […]

Money laundering in cryptocurrencies: How criminals moved billions in 2019

Chainalysis, a company specializing in block chain analysis, helps companies and law enforcement agencies uncover fraud and prevent money laundering. In its recently published Crypto Crime Report, the company recorded the illegal activities that were discovered. Thanks to the inherent transparency of the block chain, findings can be made that are not possible when investigating […]

What may be causing Google searches for “Bitcoin Halving” to surge?

The whistle for “halve-time” is set to blow, with May 2020 creeping ever closer. For those operating in the crypto-verse the “halving/halvening”, is the talk of the office, with speculation as to what new heights the price of bitcoin will surge to taking center stage. This interest in 2020’s most anticipated crypto-event is seemingly mirrored […]

WEF: Consortium for digital currency management announced

Last week, a global consortium was announced at the WEF to focus on designing a legal framework for managing digital currencies, including stablecoins. In 2020, the WEF brought more than 3,000 global leaders from politics, government, civil society, science, arts and culture, and media together. Under the theme “Stakeholders for a Cohesive and Sustainable World”, […]

The Internet – the Decentralized (R)evolution Part I

The misconception that technology enslaves us can be contrasted with another view. A perspective that sees technology as a tool for individual emancipation. Thoughts on the new digital age by Claudio Grass. Internet – the Decentralized (R)evolution People are driven by different motives. Some see the greatest happiness in the accumulation of material values, others […]

Tim Draper: “Millennials should secure their financial future with Bitcoin”

American venture capital investor Tim Draper recently commented on Bitcoin, suggesting that Millennials should invest in Bitcoin if they want to secure their financial future.  Draper expressed this in an interview with Liz Claman. During the interview, published on January 22, Draper discussed people and topics such as Elon Musk, Space X and Bitcoin.  Draper also accused the banking […]

Bank of International Settlements: 80% of Central Banks are Working on Central Bank Digital Currency

(Source: Trending Topics 2019 via flickr.com) The likelihood of central banks issuing their own general purpose  central bank digital currency (CBDC) has doubled from roughly 10 – 20%,  from 2018 to 2019, according to the Bank of International Settlements (BIS). On Thursday, the Swiss-based BIS carried out a survey with 66 central banks across the […]