President Trump, seen here during a White House briefing on August 12, claimed Joe Biden would bring the “biggest tax increase in history” if elected president. Win McNamee/Getty Images hide caption toggle caption Win McNamee/Getty Images President Trump, seen here during a White House briefing on August 12, claimed Joe […]
Money
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Caitlin Long has a new take on money. Russia wants to de-anonymize crypto. And Coinbase wins in court. Here’s the story. ‘Cash equivalent’CoinDesk’s Nathan DiCamillo breaks down how Avanti Financial intends to issue its programmable cash equivalent called Avit. This blockchain-based “commercial bank money” can be exchanged for dollars but […]
As previously reported, Biden’s campaign staffers donated to a non-profit that helped bail violent criminals out of jail. A Minnesota non-profit dubbed “Minnesota Freedom Fund” received $35 million in donations during the George Floyd riots and Biden’s campaign staffers were among the people who made substantial donations. Advertisement – story […]
New Delhi (Sputnik): The Indian government earlier placed absolute restrictions across the country to slow the spread of the COVID-19 pandemic. An unintended effect of this survival strategy has been a reported spike in loneliness and depression, with 43 percent of Indians claimed to be suffering, according to smart-tech healthcare […]
I attribute my early interest in bitcoin to my six years as a correspondent in Argentina. The lesson I took from that country’s repeated financial meltdowns is that any fiat monetary system requires a bedrock of trust in the nation’s governing institutions. When people don’t trust their government, the system […]
https://cdn1.img.sputniknews.com/img/106949/43/1069494359_0:270:5184:3186_1200x675_80_0_0_8eac17301486e70a6b9029172fc72ebd.jpg Sputnik International https://cdn2.img.sputniknews.com/i/logo.png Sputnik https://cdn2.img.sputniknews.com/i/logo.png https://sputniknews.com/business/202008071080094834-erdogan-explains-liras-record-drop-by-money-market-fluctuations/ ANKARA (Sputnik) – Turkish President Recep Tayyip Erdogan explained the historic drop in the exchange rate of the national currency, lira, by fluctuations on the money market. “Such fluctuations happen, rates move in zigzags. Everything will fall into place,” the president told reporters […]
A former vice president of a top Chinese bank has argued that digital currency should replace fiat in the nation’s financial systems. Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk […]
Neural Capital, a hedge fund that traded cryptocurrency assets, has quietly shuttered. The fund’s managers, Arij “Ari” Nazir and Christopher Keshian, were new to the hedge fund industry and involved in more than one fund when they started Neural Capital. Keshian told CoinDesk he has not kept in touch with […]
Michael Casey is on vacation this week. The following essay was written by Marc Hochstein, CoinDesk’s Executive Editor. Once I pried into a stranger’s affairs for no good reason at all. This happened almost 20 years ago, but the story offers an important lesson for those shaping the future of money […]
Matt Luongo is the CEO of Thesis, a cryptocurrency venture production studio. Thesis’ first two products are Fold, a consumer payment app, and Keep, a privacy layer for public blockchains. He’s also a contributor to tBTC, which lets bitcoin holders access DeFi on Ethereum. Millennials are now the largest generation […]
Which one is the centrally managed police state? Which one is the pro-innovation jurisdiction embracing open-source technologies and decentralized governance networks? OK. I’m being a tad facetious. The reality is Chinese President Xi Jinping has severely concentrated power. In general, his government, with its Hong Kong crackdown and Uighur detention […]
Bitcoin is a form of “money” covered under the Washington, D.C., Money Transmitters Act, a federal court said Friday, Bloomberg reported Update (July 24, 17:13 UTC): This article has been updated with a comment from Coin Center. Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the […]
The Czech National Bank’s Tomas Holub said in an interview that central bank digital currencies raise more questions than answers right now. Source link
The OCC will allow banks to custody crypto, Visa has a digital currency playbook and a digital dollar is essential to America’s economic edge, said experts at a U.S. Senate hearing. You’re reading Blockchain Bites, the daily roundup of the most pivotal stories in blockchain and crypto news, and why they’re significant. […]
A perfect storm of grievances has enveloped Israel just as a second coronavirus lockdown appears inevitable and Prime Minister Benjamin Netanyahu seems close to losing control of his government. Protests were held in more than 200 cities and highway junctions all across Israel on Saturday night, and on Sunday, Netanyahu […]
The US’ biggest bank, JPMorgan Chase, together with other lenders, managed to take a big slice of the coronavirus relief program pie through fees, while reporting record quarterly profits. Max Keiser and Stacy Herbert discuss how the banks managed to get such a large cut of the funds, having made […]
No, blockchain does not fix this. By “this” I don’t mean centrally controlled databases that are vulnerable to attack, the problem highlighted by this week’s massive Twitter hack. I mean the meta problem of yet more bad publicity, with the word “bitcoin” again associated with fraud and unsavory behavior, a […]
While the crypto wallets associated with the scam registered over 400 transactions, the attackers seem to have made away with a relatively small haul. Source link
Mondaire Jones’ bid to succeed a powerful House Democrat in New York has him on the cusp of progressive stardom. But while he runs a campaign on pledges to combat corruption and the influence of money in politics, Jones’ team has also quietly and adeptly sidestepped major campaign-finance rules. Jones, […]
https://cdn1.img.sputniknews.com/i/logo-itemprop.png Sputnik International https://cdn2.img.sputniknews.com/i/logo.png Sputnik https://cdn2.img.sputniknews.com/i/logo.png https://sputniknews.com/world/202007121079862628-baghdad-asks-berlin-to-help-with-removal-from-eus-money-laundering-blacklist/ MOSCOW (Sputnik) – Iraqi Foreign Minister Fuad Hussein has requested his German counterpart to help remove the Middle eastern nation from the European Union’s list of countries with suspected loopholes in anti-money laundering and counter-terror financing regulations. “Foreign Minister Fuad Hussein called on […]
On Monday, the US government published a list of small business and nonprofit organisations which had earlier received loans under the Paycheck Protection Programme as a part of the Trump administration’s coronavirus relief act. The names of some of these beneficiaries turned out to be quite surprising to the public. […]
New Delhi (Sputnik): On Saturday, Bharatiya Janata President JP Nadda had accused Sonia Gandhi and family of conniving with China by receiving funds from the country for the Rajiv Gandhi Foundation. Allegations had come amidst the attack on Modi Government by Opposition over stand-off with China. The Indian government has […]
Konstantin Ignatov has again had his sentencing date adjourned while he continues to cooperate with U. prosecutors. Source link
A new decentralized finance (DeFi) “money Lego” will allow app developers to make it possible for users to automate their transactions. Called Gelato, the protocol moved from alpha to a live and audited v1 on Ethereum’s mainnet on July 3. And, according to a blog post shared early with CoinDesk, […]