Wall St Millennials Crack Crypto Fortunes: Banker Starts New Life Firewalking
Millennials are leaving behind the world of private equity and hedge funds, and jumping off the Wall Street merry-go-round for a new life because they’ve already made their money on cryptocurrency, writes EFC. At least three staff members at New York’s Goldman Sachs have reported that it was time to move and start a new […]
Hong Kong Government Gives Thumbs Down to Own Crypto
In an announcement on 30 May, the Hong Kong Monetary Authority (HKMA) announced that it currently has no plans to issue a central bank digital currency (CBDC), reports Coindesk. In April of last year, the HKMA first revealed, in a response to legislators, that the banking authority has started “research and a proof-of-concept work on […]
Brisbane Airport Lets You Buy Before You Fly with Crypto
Australia’s Brisbane International Airport has announced that it is to introduce cryptocurrency payments at its terminal, according to News BTC. Brisbane airport has teamed up with Australian crypto travel company TravelByBit, which designs tourist routes and provides selected providers with a digital currency payment platform. The airport will use the platform to enable flyers to […]
Crypto Learning Centers Thriving in Japan, Thailand, South Korea
Asia is the world’s cryptocurrency hub and as a result, learning centers, courses, and crypto educational establishments are on the rise, with Japan, Thailand and South Korea showing the way, reports Bitcoin.com. It may not be surprising to find such centers in Japan, but they are increasing in number. In November of last year Japan, […]
Economist Mohd El-Erian: Government Issued Cryptos Are the Future
Renowned economist Mohamed El-Erian has said that he sees ”officially sanctioned” cryptocurrencies prominent in the future of government-issued currencies. As reported by Bitcoinist, El-Erian noted that the ability for government-issued cryptocurrencies to be successful lies in the trends of customers choosing to use cashless payment methods. “We are moving away from cash. Go to Sweden and […]
Russian Central Bank: ‘Crypto Assets’ No Threat to Global Financial Stability
Crypto assets don’t currently threaten global financial stability, according to a 30 May report released by Russia’s Central Bank, writes Cointelegraph. The report went on to say that, due to comparatively low global cryptocurrency volumes, this particular segment is insignificant at present, posing no actual threat to global stability in financial sectors. Similar to a recent […]
Dutch Report Claims Crypto Low Risk to Financial Stability If Banks Keep Out
The Dutch government’s CPB Netherlands Bureau for Economic Policy Analysis (CPB) has released a report claiming that cryptocurrencies present a low risk to financial stability in the country, writes Cointelegraph. The report, published on 29 May, was initiated in order to establish if cryptocurrencies posed any kind of economic risk in the light of its […]
John McAfee Launching Crypto-Backed Fiat Currency “McAfee Coin”
Tech-tycoon John McAfee is spinning heads after announcing the launch of his own crypto-backed fiat currency aptly called McAfee Coin, which is due for release in 26 days. The cryptocurrency world often hangs tenaciously on any bullish or controversial statements made by the so-called ‘Crypto Dad’. His endless displays of eccentricity and unconventional attitudes in […]
Charities Must Embrace Blockchain to Make Genuine Impact, Report Says
A report conducted by independent think tank Charity Futures concluded that charities have yet to engage with blockchain with the kind of urgency required to keep up with technological advances, writes Live Bitcoin News. The study, ‘Nothing to Lose (But Your Chains)’, was clear in pointing out that the charity sector had as yet failed […]
