Latest News on ECONOMY

Bitcoin

Grayscale Predicts Bitcoin Price and Use-Cases to Increase as Economic Inflation Accelerates

Grayscale believes that the US floating the economy with aggressive quantitative easing has seen Bitcoin investors convert to long-term holders

Lucas Cacioli

Aug 21, 2020

| 3 Min Read

#GRAYSCALE INVESTMENT COMPANY #UNITED STATES #SAFE HAVEN #BITCOIN #BITCOIN PRICE #ECONOMY

Bitcoin

Canada-Based Tahini's Restaurants Trades Entire Cash Reserves For Bitcoin

Tahinis Restaurants announced that it would be converting all of its cash reserves into Bitcoin.

Nicholas Otieno

Aug 21, 2020

| 3 Min Read

#TAHINI'S #RESTAURANT #CASH #RESERVES #BITCOIN #CRYPTOCURRENCY #CORONAVIRUS #PANDEMIC #INFLATION #SAFE HAVEN #ECONOMY

Cryptoeconomics

Jim Rogers Predicts Economic Bailout Meltdown, Wall Street Investors will turn to Bitcoin Safe Haven

Chairman of Roger Holdings and prolific American investor Jim Rogers warns that the trillion-dollar bailout will lead to an economic meltdown.

Lucas Cacioli

Aug 18, 2020

| 3 Min Read

#BLOCKCHAIN #BITCOIN #CRYPTOCURRENCIES #GOLD #INVESTMENTS #FINANCIAL CRISIS #ECONOMY

Asia

Vietnam Launches a National Enterprise Blockchain Platform as it Eyes a Global Top 50 Slot

The Ministry of Information and Communications in Vietnam is building an enterprise blockchain platform dubbed akaChain in line with its national program.

Brian Njuguna

Aug 18, 2020

| 2 Min Read

#VIETNAM #BLOCKCHAIN #KYC #DIGITAL #TRANSFORMATION #DIGITAL #ID #SOLUTIONS #ECONOMY

Cryptoeconomics

Iran Pushes Oil Investment on Citizens, Winklevoss Advises Bitcoin

Despite the oil price taking a beating this year, Iran has urged its citizens to invest in a scheme that would pre-sell 220 million barrels and drive liquidity into the OPEC nation's struggling economy. In response, Cameron Winklevoss tweeted that Bitcoin is a far better investment.

Lucas Cacioli

Aug 13, 2020

| 2 Min Read

#IRAN #BITCOIN #CRYPTOCURRENCY #BLOCKCHAIN #BITCOIN NEWS #OIL PRICE #WINKLEVOSS #OIL #INVEST #ECONOMY #VALUE #GOLD

Regulation

Members of Congress Ask IRS for Relaxed Approach to Crypto Staking Taxes

Innovation friendly members of United States Congress have written to the IRS request a level-headed approach to tax on cryptocurrency staking rewards.

Lucas Cacioli

Aug 05, 2020

| 3 Min Read

#IRS #TAXES #CRYPTOCURRENCY #STAKING #POS #REGULATION #ECONOMY #UNITED STATES

Cryptoeconomics

Ripple CEO: Global Governments Now See Blockchain Solution to Addressing Transparency and Settlement

Brad Garlinghouse, Ripple CEO, believes most governments consider blockchain technology a game-changer as it solves frictions like transparency and settlement that were a headache in yesteryears.

Brian Njuguna

Aug 05, 2020

| 2 Min Read

#BRAD GARLINGHOUSE #BLOCKCHAIN #RIPPLE #BITCOIN #INFLATION #GOVERNMENT #MONEY #VALUE #ECONOMY

CBDC:Asia

Bank of Japan Puts Top Economist in Charge of CBDC Development

Bank of Japan’s top economist, Kazushige Kamiyama is now the head of payments and settlements and at the helm of Japan’s exploration of its Central Bank Digital Currency (CBDC) project.

Lucas Cacioli

Jul 31, 2020

| 2 Min Read

#BLOCKCHAIN #DIGITAL YEN #CBDC #JAPAN #BOJ #ECONOMY #HONEBUTO PLAN #ECONOMIST #CHINA

Industry

Cryptocurrency Adoption Is Growing, But US Needs To Adopt A Solid Blockchain Policy

In order to be ahead of other countries in the ever-growing industry of blockchain, the US needs to come up with an enforceable and consistent blockchain policy.

Shine Li

Jul 30, 2020

| 2 Min Read

#BLOCKCHAIN #BITCOIN #CRYPTOCURRENCY #WINKLEVOSS #ETHEREUM #TECHNOLOGY #REGULATION #ECONOMY

CBDC:Asia

Philippines Central Bank Considering Issuing its own CBDC

The Central Bank of the Philippines has inaugurated a committee to understudy CBDCs based on technical feasibility and policy implications

Godfrey Benjamin

Jul 30, 2020

| 2 Min Read

#BLOCKCHAIN #CRYPTOCURRENCY #CBDC #PHILIPPINES #CENTRAL BANK #DIGITAL #PESO #ECONOMY

ZEN INVESTING