Cryptocurrency Analysis and News Portal
Frances Coppola, a CryptoX columnist, is a freelance writer and speaker on banking, finance and economics. Her book “The Case for People’s Quantitative Easing” explains how modern money creation and quantitative easing work, and advocates “helicopter money” to help economies out of recession. The Federal Reserve has just announced a change
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Mexico’s Financial Intelligence Unit recently published the results of its second National Risk Assessment. The report highlighted that the risk of money laundering in the banking sector far surpasses the issues encountered by fintech companies.According to El Economista, the so-called “G7 banking” group – BBVA, Santander, Citibanamex, Banorte, HSBC, Scotiabank,
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The Financial Conduct Authority is seeking to oblige more firms, including some working with cryptocurrency, to report how they manage the risks of financial crime. Source
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To foretell the future of decentralized finance (DeFi), the exploding new field in which decentralized governance protocols set and execute the terms for lending, borrowing and stablecoin issuance, one should look to the past. Specifically, look to Wall Street’s past. By some measures, DeFi is nothing new. It extends a four-decade cycle
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Price PointBitcoin traded slightly higher early Thursday at $11,772 after falling for two straight days. The largest cryptocurrency by market capitalization has declined 1.3% this week as the U.S. dollar strengthened in foreign exchange markets. The greenback gained support Wednesday as the Federal Reserve said it wasn’t immediately planning to implement
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Blockchain-based travel booking firm Travala is adding VeChain’s native token, VET, to its list of payment options. Travala aims
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FCSA said Mirror Trading's self-proclaimed 10% monthly returns "seems far-fetched and unrealistic" as it opened an investigation. Source
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Price PointIt’s been two steps forward, one step back for bitcoin (BTC) over the past couple months. Prices were down early Wednesday for a second straight day after pushing earlier this week past $12,000 to a new 2020 high. The price move accelerated as traders got hit with margin calls on the BitMEX exchange. You’re
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In a letter to investors released on July 29, Pantera Capital CEO Dan Morehead noted that the United States has printed a shocking amount of money to combat the pandemic-induced financial crisis.“The United States printed more money in June than in the first two centuries after its founding,” Morehead wrote.
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In what comes as yet another significant assent solidifying the narrative of bitcoin (BTC) as a legitimate medium of payment, a federal court in the U.S. ruled that the premier cryptocurrency is a form of “money” covered under the Washington D.C. Money Transmitters Act (MTA). However, crypto bulls should not keep
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