The CEO of the world’s largest asset manager, Blackrock, says the Russia-Ukraine war has a “potential impact on accelerating digital currencies.” He confirms that Blackrock “is studying digital curren...
Tag: Currencies
BlackRock’s Larry Fink says Ukraine war could spur digital currencies
Larry Fink, the Chairman and CEO of investment giant BlackRock, said that the war in Ukraine has the potential to accelerate digital currencies. In a letter to investors on Thursday, Fink highlighted ...
Digital currencies could get a boost from the international crisis: BlackRock CEO
Larry Fink, the CEO of the world’s largest asset manager BlackRock, believes the ongoing Russia-Ukraine crisis has boosted the case for digital currencies as a tool of settlement for international tra...
Gate.io Exchange Review 2022 – Trading Fees, Features, Supported Currencies.
With the rising popularity of a range of crypto-related assets, it’s only logical that cryptocurrency exchanges would improve their game and provide a larger selection of currencies for trading and sw...
Arab Monetary Fund Names RippleNet As Potential Alternative to Central Bank Digital Currencies
The Arab Monetary Fund (AMF), a sub-organization of the Arab League, has named global payments network RippleNet as a possible alternative to central bank digital currencies (CBDCs). In a new report, ...
Qatar exploring digital banks and central bank digital currencies
The Qatar Central Bank (QCB) is reportedly investigating the possibility of launching a digital currency and issuing digital bank licenses. According to the head of the fintech section at QCB, Alanoo...
Arthur Hayes predicts a bear market in fiat currencies and bitcoin to hit $1 million
Arthur Hayes, the co-founder of Bitmex, recently published a blogpost where he predicts the end of the petrodollar/eurodollar monetary system and the biggest wealth transfer into gold and bitcoin that...
Edward Snowden Slams Central Bank Digital Currencies: ‘The Risk Is Very Easy to Illustrate’
Edward Snowden again weighed in on the rise of central bank digital currencies (CBDCs) when he spoke at Camp Ethereal 2022 last week, expounding on why these new assets are problematic. In an intervi...
These 10 New Digital Currencies Should Work for You in 2022
Newer cryptos are always entering the global marketplace. Therefore, it is easy to become confused about what to pick for your digital currencies investment journey. Well, here are 10 of them, which s...
Limiting Proof-of-Work Crypto Back on the Table as EU Parliament Prepares Virtual Currencies Vote
One version of the new draft, reviewed by CoinDesk, has a similar provision though significantly toned down from the original. It says that crypto assets “shall be subject to minimum environment...
Why digital currencies deserve a better reputation
Ever since its inception and throughout its turbulent journey toward mainstream acceptance, crypto has elicited both enthusiasm and trepidation in equal measure. After the unfair battering it has rece...
How Crypto Market Reacted After Biden’s Executive Order on Digital Currencies
Following the report that US President Joe Biden will sign an Executive Order (EO) on cryptocurrencies this week, the EO has finally been signed with many reasons for investors to go all bullish. For ...
Blackstone Makes £140 Million Strategic Investment in Currencies Direct
To facilitate the acceleration of its expansion, Currencies Direct, a global provider of digital foreign exchange (FX) and global payment services to private clients and SMEs, today announced a strate...
Top 4 safe-haven currencies to buy as the VIX surges
Global volatility has risen well in the past few months. As a result, the CBOE volatility index has jumped to the highest level since January because of the ongoing crisis in Europe. Here are the top ...
3 currencies to benefit as the Russian invasion of Ukraine continues
The global economy is going through a rough patch as the Covid-19 pandemic eases and the Russian invasion of Ukraine continues. As a result, some currencies like the Russian rouble and the euro have a...
3 currencies not to touch with a ten-foot pole for now
The currencies market has been on edge in the past few days as investors focus on the rising inflation and the ongoing crisis in Europe. Here are the three currencies to avoid as the crisis in Ukraine...
Central Banks have been tinkering with digital currencies, and IMF approves
IMF has been pro-CBDC for a while, and the Central Banks from all around the world have been looking to digital currencies to replace cash and many have come a long way. Recently, IMF President Krista...
Fed Chairman Says There’s Room For Multiple Reserve Currencies
The US government is not ignoring the continued adoption that cryptocurrencies have been getting. Jerome Powell, the chair of the US Federal Reserve, noted that crypto could become another reserve cur...
Crude oil price has skyrocketed. These 4 currencies could benefit
Crude oil prices soared to the highest level in almost a decade as investors remained concerned about the ongoing crisis in Europe. Brent, the global benchmark, rose to $105 while Western Texas Interm...
Putin signs decree to prohibit leaving Russia with more than $10,000 in foreign currency
Russian President Vladimir Putin on Tuesday signed a decree that prohibits taking more than $10,000 worth of foreign currency in cash and “monetary instruments” out of Russia. The move comes in respon...
Treasury Department Warns Against Circumventing Russia Sanctions, Targets Digital Currencies and Physical Assets
The U.S. Treasury Department is calling out digital assets as it prepares to enforce new sanctions against Russia. The Office of Foreign Assets Control (OFAC) is detailing a series of measures designe...
US Asks Crypto Exchanges to Ensure Digital Currencies Not Used to Avoid Sanctions
The Biden administration has been talking to crypto exchanges, asking them to prevent Russian users from using their platforms as a way to avoid sanctions. Some crypto entities have limited or blocked...
Ukrainian Government Raises over $10M in Digital Currencies from the Public
This weekend, the Ukrainian government solicited funds from the public in the wake of the invasion of its territory by Russia as diplomatic ties between both countries went soar. The entire public, pa...
Aussie and NZ Currencies Face Risk Due to Ukraine Conflict
Earlier this week, the currencies from the southern hemisphere rallied up the market reaching the highest position in the last five weeks. The rally was prompted by the toughening geopolitical conflic...
Crypto to Stay Popular in 2022 – User Stats Show High Demand for Digital Currencies
Advertisement     22, February 2022, Tallinn: Following the crypto market cap’s immense growth by 187.5% in 2021, CoinLoan, the only EU-licensed provider of crypto pro...
UK’s first crypto-to-pound debit card by CoinJar with Shiba Inu and other 50 crypto currencies
Shiba Inu and 50 other cryptocurrencies have been added to UK’s first crypto-to-pound debit card CoinJar was launched in 2013 and operates in Australia and the UK It is registered with the Financial...
UAE Set To Issue Fedral Licenses For Digital Currencies In The Near Term
The United Arab Emirates (UAE) is looking to become a global hub for crypto companies. Bloomberg reports that the Middle East country is preparing to issue federal licenses for virtual asset service p...