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The Land of Controversy: China Is Leading Cryptocurrency Market Despite the Hostility of Regulators
Feb 24, 2021 at 15:53
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The Land of Controversy: China Is Leading Cryptocurrency Market Despite the Hostility of Regulators
China’s history on cryptocurrency is quite a controversial one. Most of the crypto users that became millionaires after 2017’s crypto-bubble were residing in China. The country’s mining pools dominated over 60% of the Bitcoin overall hashrate. Nevertheless, regulators are making every effort to stop the growth of the sector.
3 Main Principles Driving the Development of CBDC and Their Implications for Cryptocurrency
Feb 17, 2021 at 14:53
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3 Main Principles Driving the Development of CBDC and Their Implications for Cryptocurrency
Many countries are shifting towards introducing their own state-backed digital currencies. Central banks are exploring the potential of CBDCs. But is this effort really a good move on the rest of private coins including Bitcoin, Ethereum, and XRP?
Kenya’s Central Bank Decides to Use Bitcoin to Improve Economic Performance: Will this Yield Results?
Feb 15, 2021 at 12:58
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Kenya’s Central Bank Decides to Use Bitcoin to Improve Economic Performance: Will this Yield Results?
Kenya, through its central bank, has lately announced a controversial move to employ bitcoin as a reserve currency in a bid to improve the country’s economic performance. However, whether or not this shift will serve the intended purpose remains a matter of debate.
2 Things Bitcoin Needs to be Widely Accepted as a Currency
Feb 08, 2021 at 13:01
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2 Things Bitcoin Needs to be Widely Accepted as a Currency
Bitcoin still has a long journey to be widely accepted. This is not because it is hated or not suitable to be used in making transactions, but it’s majorly because of its volatile nature and many factors that need to be worked on. Bitcoin is very volatile to be widely putative as a stable currency.
Not a Criminal: Money Launderers Choose Fiat Money Over Cryptocurrency
Feb 04, 2021 at 15:33
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Not a Criminal: Money Launderers Choose Fiat Money Over Cryptocurrency
Individuals and businesses are often cautious about cryptocurrency due to its allegedly criminal reputation. True, money launderers often take advantage of crypto anonymity and decentralization to conceal illegal income. However, facts prove that their number one choice is fiat money.
3 Major Economic Implications of Central Bank Digital Currencies
Jan 31, 2021 at 15:23
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3 Major Economic Implications of Central Bank Digital Currencies
The COVID-19 pandemic has opened the eyes of many central banks and has now taken a route of fintech innovation. Some of the major tools being currently looked at is introducing central bank digital currency (CBDC) into the finance and banking industry. But the main question is how these new forms of digital currencies impact the economy.
Cryptocurrency and COVID-19: Industry is Growing Amidst Pandemics, CBDC on the Way
Jan 29, 2021 at 16:21
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Cryptocurrency and COVID-19: Industry is Growing Amidst Pandemics, CBDC on the Way
Numerous countries and health organizations around the world have been researching all possible ways of preventing the spread of COVID-19. Among other means is switching all possible activity including payment to the online mode.
Need for Cryptocurrency in the Payment Sector is Growing as Banks and Service Providers Embrace Innovations
Jan 28, 2021 at 15:06
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Need for Cryptocurrency in the Payment Sector is Growing as Banks and Service Providers Embrace Innovations
The coming of Bitcoin (BTC) and other cryptocurrencies has totally changed the game of payments. More governments and payment service providers have now appreciated the need for digital currencies in the payment sector. Benefits of cryptocurrencies include cheap transaction fees, privacy, fast, transparent and secure money transfers.
How Banks Discriminate Against Cryptocurrency Traders, Users and Investors
Jan 21, 2021 at 15:43
News
How Banks Discriminate Against Cryptocurrency Traders, Users and Investors
Traders and investors dealing in digital currency businesses are facing serious harassment from banks.
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