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Economy

Latest news about Bitcoin and Cryptocurrencies focused on the Economy.

Beyond the applications of everyday use that cryptocurrencies may have or the regulations to which they try to submit them, the economy is an essential part of cryptocurrencies and that is the topic that we are going to talk about in this section.

Learn how cryptocurrencies affect the economy in different parts of the world, the controversy they generate and how they handle the situation with the leaders of different countries.

The India Government Will Lose $12.9 Billion of Revenue If It Bans Crypto

The India Government Will Lose $12.9 Billion of Revenue If It Bans Crypto

Per data compiled by CREBACO Global Inc. CEO, Sidharth Sogani, if parliament approves a bill to ban crypto, India will lose $12.9 billion. CREBACO...
St. Louis Fed's CEO

James Bullard says Financial System Changing for The Worse due to Cryptocurrencies

The current use of cryptocurrencies in the US may lead to illegal activities, said St. Louis Federal Reserve President James Bullard today in a...
BIS supports central banks in the creation of their own cryptocurrencies

BIS supports central banks in the creation of their own cryptocurrencies

In an unexpected twist, the Bank of International Settlements (BIS) has revealed that it is now in favor of its member states developing digital...
blockchain association

Inaugural V20 Summit at Osaka Leads to Establishment of Global Blockchain Association

A group of national associations representing virtual asset service providers (VASPs) has signed an MoU that will establish a global association of VASPs that...
Square First Employee Steve Lee Jakc Dorsey Bitcoin BTC

Square Gets Its First Employee Former Google Director Steve Lee for Its Crypto Subsidiary

Back in March Jack Dorsey Twitter CEO who doubles up as Square CEO announced he is looking for a team of three to four...

Billionaire Investor Tim Draper Envisages Bitcoin Worth 5% of Global Market Share in 4...

Billionaire venture capitalist Tim Draper is a raging Bitcoin bull. His recent interview with FOX Business’ Liz Claman, he made an outrageous prediction calling...

Bitcoin [BTC] – Hamas Military Wing Adopts Bitcoin as a Fundraising Channel

Bitcoin, the pseudonymous flagship cryptocurrency network has long been a fan favorite for privacy-conscious internet users but especially so for nefarious individuals including black-hat...
Blockchain Set to Help the Telecom Sector Grow 77.9% By 2024

Blockchain Set to Help the Telecom Sector Grow 77.9% By 2024

According to a report published by the Research and Markets firm, blockchain technology will help the telecom sector generate $1.37 billion by 2024 through...

Ethereum [ETH] – North Korea Dissident Group CCD Already Raised $15K from Sell of...

The North-Korean dissident group Cheollima Civil Defense (CCD) has so far issued 111 “post-liberation blockchain visas” that are being sold on the Ethereum blockchain....
set

Thailand’s Stock Exchange Reveals Plans to Launch Its Digital Asset Platform in 2020

The Stock Exchange of Thailand (SET) has revealed plans to digitize the Thailand capital markets infrastructure by launching a digital assets exchange platform by...