Regulators Should Heed Crypto Risks When Innovating Regulation, Says Chinese Central Bank Official
A senior People’s Bank of China (PBOC) official has urged regulators to consider cryptocurrency risks and fraud that could lead to bank failures when innovating regulation. The Chinese official highlighted the recent collapse of U.S. banks that provided services to crypto customers as an example. “The regulation philosophy, technology, and capability must be upgraded to ensure financial innovation won’t come at the cost of financial...
ASEAN Countries Take Steps to Reduce Reliance on US Dollar for Trade Settlements
The finance ministers and central bank governors of the Association of Southeast Asian Nations (ASEAN) are exploring ways to decrease their countries’ dependence on the U.S. dollar and promote the use of local currencies in trade settlements. “We must remember the sanctions imposed by the US on Russia,” said Indonesian President Joko Widodo. ASEAN Countries Seek to Reduce Reliance on USD The finance ministers and central bank...
Ron Paul on the Fall of the US Dollar as Reserve Currency: ‘It’s Always Longer Than Some Predictions’
Ron Paul, a former U.S. representative and member of the Libertarian Party, has addressed recent events directed to undermine the influence of the U.S. dollar as a reserve currency in international markets. Paul believes that even if this does happen, it will probably take more time than some predictions are saying. Ron Paul Analyzes Fall of US Dollar Hegemony In the latest edition of his online webcast “The Ron Paul Liberty Report,”...
Twitter Changes Bird Logo to Picture of Doge, Dogecoin Price Surges 23% After the Change
On Monday, Twitter users noticed that the traditional blue bird logo had been replaced by a cartoon picture of Doge. Meanwhile, the leading meme coin cryptocurrency, Dogecoin, jumped 23% higher against the U.S. dollar after the logo change. Twitter Bird Logo Changes to Doge Twitter has updated its logo, replacing it with a picture of the famous Shiba Inu Doge. It is uncertain how long the Doge logo will last, but it has become a topic...
‘Pirate’ Site Admins Arrested in 2015, Now Acquitted For a Second Time
In 2014, David Tardà, Andreu Caritg, and Oriol Solé were hard at work in Spain developing Tviso, a service with a goal to unify legal streaming services into a centrally-accessed discovery hub. Tviso was a new venture for the Spaniards, although not an entirely unfamiliar one. At the same time, the men were also the operators of Series.ly, a then-four-year-old “social television” download site that aimed to blend the benefits of free...
