CEO of Lazard: cryptocurrency could replace the dollar
Ken Jacobs, CEO of Lazard, recently gave an interview at Bloomberg. Lazard director - a leading investment and asset management financial group with nearly 250 billion assets - was asked about the risks and opportunities of the USA. He shared his vision on the current and upcoming situation. The only risk is the economic...
I Vow To Thee, My True King Bitcoin
The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice. The following article is a macro view of the cryptocurrency market. Altcoins will continue their path...
Iran: cryptocurrency may be back
The Iranian Central Bank decides to lift the bans on cryptocurrencies by next month. This approach opens the way for new regulations for the latter in the country.
Opening the same file once again: cryptocurrency Shortly before the summer, the currency of Nakamoto and all these derivatives had experienced strong moments in the Persian Gulf and more particularly in the country...
Bitmain: investment of US $ 500 million
The mastodonte Bitmain has announced its intention via a press release to create a blockchain data processing center and a Texas-based bitcoin mining site for $ 500 million as part of its expansion into the United States.
Bitmain, unstoppable
Nearly half a billion is the equivalent of last year's nominal GDP of Comoros, islands in the Indian Ocean, in northern Mozambique....
KYC: 68% of exchanges do not meet standards
Previously cited in the article LexisNexis & Blockbid Partnership, KYC and AML formalities are in the line of sight of international regulators. However, it appears that only 32% of cryptos exchanges meet the guidelines. This is a study of the company P.A.I.D in partnership with Mitek, a technology provider for identity verification, which advances this low...
Russia: “Cryptoassets are not a threat to financial stability”
President of Russia's Central Bank doesn't want to call cryptocurrencies by their names. Elvira Nabiullina prefers the nickname "Cryptos-Things". Last month, Elvira Nabiullina was at the recent annual international economic forum in St. Petersburg when she used this new wording. The report released on May 30 supports the statement that the volume of transactions is very small....
United States: 80% decrease in criminal activity via Bitcoin
The United States Federal Drug Enforcement Agency (DEA) says criminal activity via cryptocurrencies has fallen sharply in the last five years. While bitcoin transactions are rising sharply, the currency of Nakamoto used by some criminals now only accounts for one-tenth of these transactions. Volume going up and ratio going down
We remember the statement of a former US federal prosecutor. This...
Libra – or how Facebook plans to empower billions of people
Libra is in the spotlight. Everyone is talking and speculating about it. Do we even know what it entails? Are we ready for such financial and societal change? Ca-Libra Financial exclusion is still significantly high worldwide. The World Bank highlights in Financial Inclusion on the...
Venezuela: Petro nowhere to be seen
Yet formally announced by the President of Venezuela in person, the local cryptocurrency, the Petro, should have been issued with, not only oil reserves as collateral, but also gold, diamonds and other commodities. A few months later, after a major issue of the latter, the record is far from brilliant: no one user, no investor and...
What is Libra
Libra, let’s get started: Technology has improved the world around us, it is easy to send text, pictures and documents but why not money?What if we make the money truly global, stable, and secure. What if everyone was invited to the Global economy with access to the same financial opportunities.This thought laid a pavement for...