Iran’s Proposed Rial Revaluation Could Open Door for Bitcoin
The Central Bank of Iran is proposing a further step towards the long-debated revaluation of the country’s national currency, the rial. It paves the way for Bitcoin to find more prominence in an already struggling economy. Central Bank governor Abdolnaser Hemmati made the following comments yesterday, suggesting that government mismanagement has finally led to the […]
Symbiont, Nasdaq Partnership Builds New Bridge to Crypto
As Nasdaq continues to explore new business opportunities, with clients now looking for smart contract and tokenization solutions, the Wall Street exchange has found a new partner in blockchain firm Symbiont, giving the lead to further speculation that full-fledged crypto adoption is around the corner. With Nasdaq CEO Adena Friedman now describing cryptocurrency as “the global […]
Venezuela’s Guaidó Backs Bitcoin, Not Petro
As Nicolás Maduro fights for survival, still refusing to relinquish power to would-be president Juan Guaidó, Venezuela’s crypto community can at least be hopeful of saying goodbye to the hapless Petro under new leadership. Guaidó’s self-proclamation as new interim president in Venezuela is recognized by major powers, including the United States and United Kingdom. Those […]
John McAfee Self Exiles, to Run Presidential Campaign from International Waters
John McAfee, eccentric Bitcoin billionaire and outspoken critic of taxation, is now on the run from the authorities after he was reportedly indicted by the Internal Revenue Service (IRS). The McAfee 2020 Campaign is, as of this day, in exile. I am being charged with using Crypto Cuttencies in criminal acts against the U. S. […]
IMF Cautions Malta on “Significant” Terrorism, Laundering Risks Due to Blockchain Growth
The government of Malta has received cautionary notes from the International Monetary Fund (IMF) regarding its rate of blockchain and cryptocurrency adoption, warning that unchecked proliferation carries “significant risks” for money laundering and terrorism. during a recent financial assessment carried out on the island. According to English daily The Times of Malta, IMF made this […]
UK Financial Regulator Releases Crypto Consultation Paper
The UK’s top financial authority Financial Conduct Authority (FCA) has released a new consultation paper for cryptoassets in the country. While the FCA has reportedly been considering a more direct role in managing cryptocurrencies and tokens, the new paper is an attempt to make things clearer for investors and the cryptocurrency community for future regulatory purposes. […]
