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While a "digital loonie" is potentially on the horizon for Canada's central bank, Bitcoin very much is not, according to Bank of Canada's Deputy Governor Timothy Lane. In a speech delivered on February 10th, Lane addressed the concept of a central bank digital currency
The Central Bank of Nigeria (CBN) last week ordered banks to close the accounts of any entity using cryptocurrencies. Now, the institution justifies its actions with a list of reasons. According to a February 8th report by Nigerian news outlet The Nation, the local central bank’s acting director of
Iran should engage in large-scale Bitcoin mining and could use digital assets to circumvent international sanctions, according to the research arm of the Iranian President's office. Local news outlet IranWire reported on March 2nd that the Iranian Presidential Center for Strategic Studies has published a research report suggesting
News • Bitcoin • Mar 02, 2021Iran should engage in large-scale Bitcoin mining and could use digital assets to circumvent international sanctions, according to the research arm of the Iranian President's office. Local news outlet IranWire reported on March 2nd that the Iranian Presidential Center for Strategic Studies has published a research report suggesting
News • Bitcoin • Mar 02, 2021The Central Bank of Nigeria (CBN) last week ordered banks to close the accounts of any entity using cryptocurrencies. Now, the institution justifies its actions with a list of reasons. According to a February 8th report by Nigerian news outlet The Nation, the local central bank’s acting director of
News • Bitcoin • Feb 08, 2021This article was originally published on Mimesis Capital's Medium account on December 17th, 2020, and has been edited in accordance with our editorial guidelines. The only question with wealth is, what do you do with it?– John D. Rockefeller The topic of wealth preservation has never been more
Opinion • Economy • Feb 07, 2021Obi Nwosu is the CEO and co-founder of Coinfloor, the UK's longest-running Bitcoin exchange. He has over 20 years’ experience building online marketplaces and bringing virtual currencies to tens of millions of people. Obi writes The Road to Bitcoin Hegemony, a weekly recap of some of the most
Opinion • Economy • Feb 01, 2021Bitcoin is highly speculative, "hugely energy-intensive," lacks "value backing," and "may well break down altogether"—this is how Bank for International Settlements General Manager Agustin Carstens summarized his opinion on Bitcoin at a policy seminar by The Hoover Institute on Wednesday. In his talk
News • Politics • Jan 26, 20212020 was the year Bitcoin caught the eye of institutions. While many were skeptical when MicroStrategy famously converted its corporate treasury reserves to Bitcoin, it didn't take long for Michael Saylor's move to awake the interest of other corporations and financial institutions. As the developments of
News • Bitcoin • Jan 15, 2021Bitcoin proponents are already in awe at the size of the United States' latest $1.9 trillion coronavirus stimulus bill, but for the International Monetary Fund (IMF), it is not enough. Speaking at the twelfth Russian Gaidar economic forum on January 15th, IMF managing director Kristalina Georgieva told world
News • Bitcoin • Jan 15, 2021