Tag Archives: cryptocurrencies
G20 Summit: Crypto Important For Global Economy
The G20 in an international forum for both governments and central banks of countries with developing and developed economies, discussed issues pertaining cryptocurrencies. The forum was hosted in Buenos Aires, Argentina and took place on 30th November and 1st December. Crypto Is Important. But Needs To Be Regulated The declaration entitled ‘building consensus for a […]
How Cryptocurrencies Could Be Used In Money Transfer
Money transfer business is a multi-billion dollar industry. Migrants sending money to their families and loved ones back home have to rely on intermediaries. Often, the cost is a significant amount of the total cash sent. To make matters worse, the recipients have to wait for some time before the cash reaches them. If only […]
Flush Of Green Witnessed In The Crypto Market As BTC Nears $5,600
After a week that has been very tumultuous, the cryptocurrency markets have finally indicated some signs of recovery. Looking at the leading ten cryptos, a healthy growth that is between 1 to 7% can be clearly seen. Several cryptocurrencies, all those that are in the top 100 list, are also in the greens. All Eyes […]
Cryptocurrency Payments Gaining Popularity In Moscow
Moscow is among regions that are experiencing an increase in Cryptocurrency adoption in the world. The increasing popularity of non-cash payments has seen some people in the Russian capital turn to the virtual currencies. Although one cannot buy altcoins using the local currencies, it appears that Muscovites are ready to go to any length to […]
Argentina Turns To Cryptocurrencies Due To High Inflation
The demand for Cryptocurrencies in Argentina is increasing in the wake of the high inflations rates. The local currency, Argentinian Peso is losing its value against the USD at a high rate. American Cryptocurrency ATM firms, Athena Bitcoin and Odyssey Group are already targeting the country with plans to install more ATM. They are also […]
Australia To Have AUD-backed Cryptocurrency
Two Crypto companies in Australia have come together to produce what will be the country’s first ‘stable coin‘. Further reports have revealed that the digital asset will be pegged to the Australian Dollar. Most Cryptocurrencies are volatile making it more challenging to use them in day-to-day transactions. The duo is yet to enter into a […]
Could India Be Headed For Crypto Regulation?
Questions have arisen about the next move for India after it was reported that the country sent senior regulatory officials to Crypto friendly countries in the fiscal year 2017-18. According to the report, the government sent Securities and Exchange Board of India officials to Switzerland, the UK, and Japan to learn more about Cryptocurrencies and […]
Cryptocurrencies And The World Financial System
Many have been dismissing Cryptocurrencies as an alternative to fiat currency that will simply fade into the ether after a few more months, another phase within the globalized world similar to cake pops or the return of shoulder pads. However, the multitude of events ranging from cases with the SEC in the United States through […]
Cryptocurrencies Provide New Opportunities For America’s Needy
The poor are often some of the most marginalized and overlooked factions within the society, being the last to benefit whenever a new technology or craze sweeps through our lives. However, this does not seem to be the case at present. In fact, as much of the modern world begins to abandon all transactions requiring […]