Putin signs law giving cryptocurrency legal status in Russia

Russia’s bill to regulate cryptocurrencies has been signed into law by President Vladimir Putin. The new law gives legal status to cryptocurrency but prohibits its use as a means ... Read More
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What is ‘LBCOIN,’ the new Lithuanian state-backed cryptocurrency?

The ongoing COVID-19 pandemic has accelerated the development of digital currencies by central banks in a bid to encourage people to turn to cashless payments. One such project is ... Read More
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Crypto trading volumes plummeted in June, but Altcoins are moving up

This week the price of Bitcoin (BTC) started trading around $9,200 and quickly moved up to $9,450. A potential rally was rejected close to $9,500 and BTC’s price then ... Read More
intraday bchusd jun 23 2020

BCHUSD Can See One More Leg Lower, Before A Recovery – Elliott wave

  BITCOIN CASH is moving sideways since March-April, exactly after we noticed a five-wave rally into a wave A/1 from the lows. After every five waves, we expect to ... Read More
Chinese national flag flutters at the headquarters of a commercial bank on a financial street near the headquarters of the People's Bank of China, China's central bank, in central Beijing

China takes battle for cryptocurrency hegemony to new stage

Global competition for supremacy in digital currencies has entered a new phase with China’s creation of an East Asia cryptocurrency scheme and American social media company Facebook adjusting its ... Read More

European Central Bank digital currency – a flight of fancy?

Speech by Yves Mersch, Member of the Executive Board of the ECB and Vice-Chair of the Supervisory Board of the ECB, at the Consensus 2020 virtual conference, 11 May ... Read More

Former Bank of China President says digital Yuan can replace cash

Former Bank of China President, Li Lihui, has revealed the launch of the digital yuan is imminent, and that the currency can replace cash if four key conditions are ... Read More
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Facebook’s Libra cryptocurrency gets revamp in response to backlash

Facebook’s planned cryptocurrency Libra will be linked to individual national currencies and overseen by global watchdogs in a scaled-back revamp it hopes will win regulatory approval. The prospect of ... Read More
Banque De France

France makes big move towards a digital euro

France’s central bank has announced its plans to launch an experimental program to test a digital euro in settlement procedures. Qualified institutions are also invited to participate. According to ... Read More
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Cryptocurrency value rises over $14 billion in 24 hours as bitcoin rallies 10%

Cryptocurrency prices rallied on Tuesday even as equity markets continue to come under pressure due to coronavirus fears weighing on investors’ sentiment. Bitcoin was up over 10% from 24 ... Read More
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