A professor at the University of Central Florida faces calls for his removal after claiming in a Twitter rant that “black privilege is real” and insisting that the answer to systematic oppression is to “stay in school” amid nationwide protests over the death of George Floyd. Charles Negy, an associate […]
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An Iranian lawmaker wants his country’s central bank to take bitcoin seriously. Representative Mohammad Hossein Farhangi (Tabriz), speaking Tuesday before the nation’s parliament, called on the Governor of the Central Bank of Iran, Abdolnaser Hemmati, to handle oversight of bitcoin, according to the Tasnim news agency. Calling proper management of […]
Alexander Lipton is the CTO of Sila, a visiting professor and Dean’s Fellow at the Jerusalem Business School of the Hebrew University of Jerusalem, and a Connection Science Fellow at the Massachusetts Institute of Technology. As many still wait to receive the check from the Paycheck Protection Program and Health […]
India’s commercial banks can indeed provide banking services to traders and firms dealing in cryptocurrencies, the nation’s central bank clarified last week. “As on date, no such prohibition exists,” the Reserve Bank of India (RBI) said on May 22. The statement came in response to a query filed by BV […]
The impact of the Covid-19 pandemic on the eurozone economy has been significant, according to the European Central Bank (ECB), increasing the underlying financial vulnerabilities of the euro area. The ECB’s May 2020 Financial Stability Review suggests that the euro governments’ vast fiscal response to the pandemic could raise questions over their […]
Viral 09:23 GMT 25.05.2020Get short URL https://cdn1.img.sputniknews.com/img/107941/00/1079410056_0:320:3072:2048_1200x675_80_0_0_4c66e112497ea9900fe4e1ef46effcc4.jpg Sputnik International https://cdn2.img.sputniknews.com/i/logo.png Sputnik https://cdn2.img.sputniknews.com/i/logo.png https://sputniknews.com/viral/202005251079409952-year-of-tragedy-locust-invasion-now-wreaking-havoc-in-central-india—video/ New Delhi (Sputnik): Locusts from Iran and Pakistan have swarmed India and already caused havoc in Rajasthan. The invasion has now moved on to central India and the state of Madhya Pradesh is facing the worst such […]
Igor Mikhalev is an expert principal at BCG helping clients develop business models with blockchain technologies and digital currencies. Kaj Burchardi is a Managing Director with BCG and leads the blockchain practice of BCG/Platinion globally. Digital currencies hold a long-term promise to change the way nations, corporations, and people transact […]
Several employees at a branch of Russia’s Alfa Bank in downtown Moscow were taken hostage by an attacker thought to be armed with an explosive device, local media report, citing law enforcement. Moscow police responded earlier on Saturday to a high-risk call from one of the bank’s employees, who said […]
India 09:24 GMT 22.05.2020Get short URL New Delhi (Sputnik): India has announced a $266 billion stimulus package to help the economy as part of its endeavour to enable the country sail through the COVID-19 crisis. The package was announced by Indian Prime Minister Narendra Modi last week. India’s banking regulator, […]
Byrne Hobart, a CoinDesk columnist, is an investor, consultant and writer in New York. His newsletter, The Diff (diff.substack.com), covers inflection points in finance and technology. The bull case for bitcoin as a store of value is simple: at first nobody owns it. Then it’s owned by people who are […]
Central banks in 46 countries are considering creating a central bank digital currency (CBDC) using a constrained form of distributed ledger technology (DLT), according to a new survey. But they’re leery of blockchain. London-based journal Central Banking, a specialized publication supported, among others, by the Bank of International Settlements (BIS) […]
Visa looks to be laying the groundwork for a future in which fiat currencies, like the U.S. dollar, could be easily turned into a central bank digital currency (CBDC). The California-based payments giant, which processes upwards of 100 million transactions every day on average, has filed a patent application for […]
The Bank of Mauritius is inching closer to issuing a retail-focused central bank digital currency (CBDC), its governor confirmed Tuesday. Speaking at CoinDesk’s Consensus: Distributed virtual conference, Governor Harvesh Seegolam said the Republic of Mauritius would be embarking on a pilot in the near future, though he declined to share […]
CipherTrace, a blockchain analytics partner of governments and cryptocurrency exchanges, is pitching itself to a fresh clientele: central banks. The crypto investigations firm announced Tuesday that it is establishing a central bank digital currency (CBDC) initiative. As described by chief financial analyst John Jefferies, the outreach effort will seek to […]
Money futurists with a flair for central banking, take note: The Reserve Bank of New Zealand is hiring. New Zealand’s monetary authority is looking for a “Head of Money and Cash,” a new position that will, according to a May 5 job posting, be “focused on the future of money.” […]
Hungarian Prime Minister Viktor Orbán speaking last month in Parliament, when lawmakers granted him the power to rule indefinitely by decree. One aspect of the law ostensibly passed to cope with the coronavirus calls for prison terms of up to five years for those convicted of spreading falsehoods or distorted […]
Dutch crypto companies must register with the Netherlands’ central bank by May 18 or cease operations immediately, the monetary authority said Monday. De Nederlandsche Bank (DNB) is moving to quickly enforce enhanced Dutch anti-money laundering (AML) laws, which passed the Dutch Parliament last month to comply with the European Union’s […]