Economy & Regulation

IMF Has Another Trick Up Its Sleeve When Fiat Fails – Its Own Coin SDR

</header> <strong>Virtually everybody knows what a dollar is, but not as many know about the SDR. The International Monetary Fund’s (IMF) Special Drawing Rights is an international, monetary reserve system created specifically to address limitations of gold and standard fiat currencies such as the USD. In short, should these fail, central banks and their governments …

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More Nations Join the Club of Crypto-Friendly Jurisdictions

</header> <strong>Regulatory barriers are a major concern for businesses working with decentralized assets. Not all governments, however, are putting obstacles in front of crypto companies. In fact the number taking a crypto-friendly stance is in fact increasing. </strong> Also read: Ukraine in a Rush to Legalize Cryptocurrencies Under Zelensky Executives View Regulations as the Biggest …

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Ukraine in a Rush to Legalize Cryptocurrencies Under Zelensky

</header> <strong>The new administration in Kiev, headed by the young president Volodymyr Zelensky, has brought renewed interest in cryptocurrencies. Fresh energy is now being injected into efforts to legalize decentralized digital money and regulate related economic activities. New draft laws have been proposed or are under preparation to accommodate the nascent industry, from which the …

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Here’s How Belarus Pressures Russia to Legalize Cryptocurrencies

</header> <strong>Relations between Belarus and Russia have always been quite complicated. The union the two close allies created has faced all kinds of challenges over its 20 plus years of existence. Now cryptocurrency is becoming a new apple of discord, as Minsk has taken a relatively friendly approach to regulating decentralized assets, while some in …

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Liechtenstein Adopts Token Act to Attract Crypto Business

</header> <strong>One of Europe’s smallest but richest nations, Liechtenstein, has made a significant step towards clarifying the regulatory environment in its already crypto-friendly jurisdiction. The parliament of the German-speaking principality in the heart of Europe has just passed a law that is likely to entice even more crypto companies to its territory. </strong> Also read: …

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Russia Regulates Digital Rights, Advances Other Crypto-Related Bills

</header> <strong>After much deliberation in the past months and years, Moscow has recently taken important steps toward regulating the crypto space. These are part of the efforts to open the way for the development of the Russian digital economy. The country, heavily dependent on energy exports and hurt by W</strong><strong>estern sanctions, needs alternative sources of …

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Trump Pressures Fed for More Rate Cuts as Mega Banks Drain the Balance Sheet

<header class=”article__header”> </header> <strong>U.S. President Donald Trump is pressuring the central bank to cut interest rates even further as a spike in oil prices has offset the Federal Reserve’s ‘normalization’ tactics like rate-cutting and overnight repos. Additionally, the mega bank JP Morgan Chase (JPM) is being blamed for the lack of liquidity in the repo …

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Why the Birth of Bitcoin Can Be Traced Back to 1971

</header> <strong>The world economy is a complex system that has undergone many different phases in the past century. As strange as it may sound today, there have been times when banking crises were rare, pay was rising alongside productivity, and the U.S. dollar would buy a certain amount of pure gold. Despite its obvious successes …

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Crypto Salaries Gain Regulatory Recognition Around the World

</header> <strong>Salaries paid in decentralized digital coins have become a norm across the crypto industry, but there’s really no reason why cryptocurrencies can’t be used for remuneration by businesses in other sectors as well. In many jurisdictions that should be legal even in the absence of dedicated legislation.</strong><strong> Switzerland, New Zealand, Japan and Estonia are …

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Ron Paul Slams Fednow Payment System and Encourages Crypto Competition

</header> <strong>Ron Paul, the muckraking former congressman from Texas, is stirring things up once again, this time taking aim at the new real-time digital payment system proposed last week by the U.S. Federal Reserve. Presented as an innovative solution by government and media voices, the cryptosphere received the news of the Fednow program with little …

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