Is Facebook’s libra a step towards the legitimisation of crypto? June 20, 2019 The “banking for the unbanked” narrative has long been the preserve of the bitcoin community. There are some 1.7bn people in the world today with no access to a bank account, and since bitcoin came into common usage, “financial inclusion” has been its mantra. So what should we make of Facebook’s apparent incursion into cryptocurrency? [...]
Facebook’s libra cryptocurrency could undermine European Central Bank September 2, 2019 The European Central Bank (ECB) has warned that Facebook’s plans to create a new currency could undermine its powers to set monetary policy. ECB board member Yves Mersch said this morning that the social media giant’s proposed currency, Libra, could potentially reduce the body’s control over the euro. Read more: What is Facebook libra? Your [...]
Crypto AM Shines its Spotlight on PlutusDeFi June 30, 2020 PlutusDeFi completes US$1 million fundraise as work begins to create the first “DeFi full stack” platform. PlutusDefi has never had small dreams. To us, Decentralized Finance “DeFi” is a belief in absolute freedom. Every other DeFi project or start-up is a half-step towards truly taking control away from corruptible centralized bankers and financial institutions and [...]
Watchdog threatens retail ban on crypto trades July 3, 2019 The Financial Conduct Authority this morning proposed a ban on selling derivatives based on bitcoin to retail customers. The watchdog said that crypto assets, including bitcoin, have extremely volatile prices. Read more: UK regulator warns tech companies over cryptocurrency projects It thinks such products are “ill suited to retail consumers who cannot reliably assess the [...]
Cryptocurrency and blockchain can help solve many problems for the unbanked and the financially excluded August 11, 2020 Successful British entrepreneur Richard Ells has been around computers and coding from a very early age, and at age 26 he launched an internet business that would later win him an award, but it was not until he launched cryptocurrency start-up Electroneum in 2017 that he felt he could help make a difference in people’s [...]
Hipsters rejoice! ‘Bold’ Brewdog beer buyers can bring Bitcoin to buy beverages by banks October 4, 2018 Beer- and Bitcoin-lovers who dedicate themselves to “breaking the status quo” have reason to celebrate, after hipster-friendly beer-makers Brewdog announced their new Canary Wharf branch will accept Bitcoin. Brewdog Canary Wharf, which opens later this month, will accept the cryptocurrency. The first 100 keen IPA fans through the door at noon on 19 October will [...]
Facebook’s libra cryptocurrency ‘poses global currency threat’ August 2, 2019 Facebook’s new cryptocurrency libra poses a threat to global financial policy, according to former Bank of Japan executive Hiromi Yamaoka. Worldwide, Facebook has over 2.4bn active monthly users and, should a significant proportion of these start using Facebook’s new currency, Yamaoka warned that this could significantly devalue trade and monetary policies globally. Read more: MP’s [...]
A life of photography on the verge of stepping into the blockchain ring July 7, 2021 Crypto AM writer Jillian Godsil meets Christina Jansen, photographer and artist who forged a special bond with one of the world's greatest ever athletes.
Goldman Sachs reportedly ditches bitcoin trading plans, taking crypto prices with it September 5, 2018 Goldman Sachs is reportedly dropping its plans to open a desk for trading cryptocurrencies, in a move which yesterday sent the prices of popular coins such as ethereum and bitcoin skidding. Sources familiar with the matter told Business Insider that Goldman Sachs was nervous to continue with the plans while future global regulatory frameworks for cryptocurrencies [...]
Coinbase expands institutional crypto asset storage internationally January 30, 2020 Coinbase is expanding its institutional crypto asset storage service internationally, establishing an office in Ireland in a bid to capitalise on growing demand for digital currencies from institutional investors. Coinbase Custody International will be based in Dublin, expanding an existing office in the city. While its main arm, based in San Francisco, does serve Europe-based [...]