Cryptocurrency Analysis and News Portal
Former CFTC Chairman Chris Giancarlo aka "CryptoDad" sees the current set of financial systems - the older systems associated with the pre-digital age - as hopelessly obsolete. He aims to fix them.“During my five years at the commission we saw this sort of new wave of the digitization of our
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Digital currencies have gained prominence over the last few years, although such options will not budge the U.S. dollar from its seat of prominence, according to chief economist International Monetary Fund (IMF) Gita Gopinath.“Improvements in payment technology may have lowered the cost of switching from cash to digital payments,
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The chief economist at the International Monetary Fund (IMF) has said digital currencies are not about to challenge the U.S. dollar's pivotal role in global trade. In an op-ed for the Financial Times on Tuesday, Gita Gopinath, who took over as the IMF's chief economist in January 2019, wrote that
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With 2019 vanishing in the rear view mirror, Markets Daily is back for an insightful look into Central Bank Digital Currencies (CBDCs) and the US Dollar's ongoing reserve status.Tune in as CoinDesk podcasts editor Adam B. Levine and senior markets reporter Brad Keoun run down recent action, track interesting longer-term
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The U.S. dollar’s century-long reign of the world economy faces a threat over the coming decade – as China’s renminbi strives to become its successor, as some prominent central bankers call for a more sustainable global monetary regime and as cryptocurrencies pose a radically alternative model. But as the 2020s begin,
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With bitcoin seemingly back to 'normal', Iran and Myanmar are talking about a sanction busting 'Muslim' cryptocurrency. We take a moment to look at historical adoption over time, and how it might apply to national cryptocurrencies.No time to listen? Scroll down for the full transcriptAdam B. Levine: On today’s
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Iranian President Hassan Rouhani says the Muslim world needs its own cryptocurrency to fight American economic domination in international trade and cut reliance on the dollar, AP reported. “The Muslim world should be designing measures to save themselves from the domination of the United States dollar and the American financial regime,"
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With markets continuing their decline, we're hunting for billion dollar returns and the Libra Investment Token in a major revision to the Libra white paper. Source
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Dick Bove, a five-decade financial-industry analyst for the brokerage firm Odeon Capital, said in a phone interview that Volcker likely would have opposed bitcoin and other digital assets built by independent developers. According to Bove, Volcker believed "central banks should have control of the financial system in a given nation,
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United States Secretary of the Treasury Steven Mnuchin said that he and Federal Reserve Chairman Jerome Powell do not anticipate the development of a national digital currency in the country.Mnuchin delivered his comments during a House Financial Services Committee hearing in Washington, Bloomberg reported on Dec. 5. “Chair Powell
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