Becoming a star in the world of cryptocurrency isn't easy. It is a world filled with some of the most brilliant minds on the planet. Somehow Changpeng Zhao has managed to stay relevant as the CEO of Binance, one of the world's largest cryptocurrency exchanges. Many…
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Coronavirus Outbreak and Cryptocurrency Rise Are Not Causally Related Phenomena
A surge in both cryptocurrency values and the coronavirus cases of COVID-19 seem to be closely related. However, the correlation is not translating to causation in the eyes of some experts. Mati Greenspan, who is the founder of Quantum Economics, shared an expert opinion about the seemingly obvious connections between…
Financial Action Task Force: Deadline Approaching for Cryptocurrency Directives!
The deadline to adopt the Financial Action Task Force's crypto directives is approaching quickly. The directives, meant to combat terrorist financing and money laundering, are imposing existing banking policy on the cryptocurrency industry. One notable directive, called the travel rule, is that wallet providers and exchanges will have…
You can now shop online with DAI via Coinbase Commerce
Coinbase Commerce, which is a platform that supports payments of cryptocurrency to internet retailers, has recently added the DAI stable coin by Maker DAO to its list of available payment methods. This addition took place during the week of February 9, 2020. The addition of this option will allow merchants…
SFOX And B2C2 Are Partnering Up Here's What You Need To Know
The United Kingdom-based cryptocurrency lending and liquidity service, B2C2, is partnering with SFOX. The SFOX firm is an American cryptocurrency company that serves institutional investors. This information was shared in a February 12 press release from B2C2 and SFOX. The partnership has a goal of allowing SFOX clients to access…
Powell Fields Foster's Financial Questions
Bill Foster, a Democratic Congressman from Illinois, recently asked Jerome H. Powell, the Federal Reserve Chair, some questions about the progress of the United States’ CBDC, or central bank digital currency. Foster Wants A Digital Dollar In Foster’s line of questioning with Powell, he asked him if he thought…