American venture capital investor Tim Draper recently commented on Bitcoin, suggesting that Millennials should invest in Bitcoin if they want to secure their financial future. Draper expressed this in an interview with Liz Claman. During the interview, published on January 22, Draper discussed people and topics such as Elon Musk, Space X and Bitcoin. Draper also accused the banking […]
(Source: Trending Topics 2019 via flickr.com) The likelihood of central banks issuing their own general purpose central bank digital currency (CBDC) has doubled from roughly 10 – 20%, from 2018 to 2019, according to the Bank of International Settlements (BIS). On Thursday, the Swiss-based BIS carried out a survey with 66 central banks across the […]
This year’s CV Blockchain conference in Davos had interesting topics and speakers. While many representatives from the Blockchain industry presented the latest developments in various areas, economist Roubini was extremely critical of the developments. Just as the promising discussion round on “Decentralized Finance” (DeFi) was concluded with promising prospects for the future and a mood […]
Swiss companies InCore Bank AG and inacta AG are joining forces to offer traditional banks the entire crypto-asset value chain. Together, InCore Bank AG and inacta AG want to make digital assets constitute an important role in the future of the financial system. Founded in 2007, inCore is a business-to-business transaction bank that offers banks, […]
Crypto and Raw Materials – Lessons from 25 years on the raw materials market. Before my partner Daniel Masters and I discovered cryptocurrencies in 2013, we were active in commodity trading for almost three decades. One of the features of bitcoin that appealed to us back then was the limited supply, which is limited to […]
The SIX Swiss Exchange has recently observed an increased interest in trading crypto assets. This increase in interest is shown by a survey (full-report in English) conducted by SIX among Swiss Exchange participants. Market participants observe increasing customer demand for digital assets Around two-thirds of the retail participants surveyed stated that their customers are showing […]
The recently observed price increases in bitcoin have caused the search volume on Google to rise. According to statistics on Google Trends, this pattern of bitcoin price increases correlating with increased search volumes, has been observed frequently in the past. But there are also other findings. Google Trends is an online service provided by Google […]
The United Arab Emirates (UAE) could save around $3billion billion in administrative costs by adopting blockchain technology. This information was released by a report published by the World Economic Forum. The aim of the study was to analyze factual examples of applications of blockchain technology and to concretize them. Mirek Dusek, who is a member […]
The Australian central bank (Australian Reserve Bank, ARB) is currently investigating the possibility of a Digital Central Bank Currency (CBDC). The Bank has revealed that it wishes to simulate the use of a CBDC in a wholesale payment system. Many central banks are currently looking at digital currencies, mainly as a result of Facebook’s plans […]
The U.S. Treasury Department, which is responsible for the administration of government revenue, is testing blockchain technology to track federal grant payments. The pepartment intends to use a proof-of-concept program that will serve as a blockchain-based letter of credit for grant recipients, according to Craig Fischer said. Fischer is the head of the innovation program at the Treasury department and announced this at a conference, according to Federal […]
