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Fiat Money

Fiat Money

What is fiat money; the history of fiat money and its influence on monetary policy and the global economy.

US Federal Court Defines Bitcoin As Money

US Federal Court Defines Bitcoin As Money

A US Federal court has classified Bitcoin as a “money” under the Washington, D.C, Money Transmitters Act (MTA).

New Money Theory: Understanding the Fundamental Internal and External Factors of Money

New Money Theory: Understanding the Fundamental Internal and External Factors of Money

Money has always had a fundamental influence on the development of the world and society's values. Money is a major incentive for our economic society. Everybody knows the importance of money, but how money is created and achieves its value still remains a mystery for most people.

A New World of Money - Blockchain in Human History Series

A New World of Money - Blockchain in Human History Series

In this article we take a deep dive in money issuance standard to witness the evolution of money. The evolution of money issuance standard can be summarized in four phases.

PlexCoin Founder Indicted by US Grand Jury for 2017 ICO Securities Fraud

PlexCoin Founder Indicted by US Grand Jury for 2017 ICO Securities Fraud

A United States grand jury indictment has been delivered to Plexcoin founder, Dominic Lacroix, as well as Yan Ouellet and Sabrina Paradis-Royer for securities and wire fraud, and conspiracy to launder money, according to the DOJ.

Luxury Car Purchases by Crypto Doubled to $12m in 2021, Says AutoCoinCars Executive

Luxury Car Purchases by Crypto Doubled to $12m in 2021, Says AutoCoinCars Executive

The number of customers worldwide using cryptocurrencies to buy vehicles has significantly increased. An executive of AutoCoinCars has seen sales on its platform double to $12 million in 2021.

Ethereum is Inferior to Bitcoin as Money, What Makes ETH Valuable?

Ethereum is Inferior to Bitcoin as Money, What Makes ETH Valuable?

ETH is needed for staking and for securing transactions. However, Selkis believes that ETHE has been triggering a “mirage” of institutional demand of ETH.

Financial Stability on The Brink of Instability Due to Bigtech Companies

Financial Stability on The Brink of Instability Due to Bigtech Companies

FSB Worries that the development of BigTech Companies and their growing user community may cause the disintegration of banks amongst other mainstream financial systems.

US FinCEN Files Show Deutsche Bank Tops List of Suspicious Transactions, So Cut Bitcoin Some Slack

US FinCEN Files Show Deutsche Bank Tops List of Suspicious Transactions, So Cut Bitcoin Some Slack

German central bank, Deutsche Bundesbank appears to have facilitated over one trillion dollars of suspicious transactions flagged by US FinCEN.

First Bitcoin Mixer Slapped with $60M Fine by FinCEN in Money Laundering Crackdown

First Bitcoin Mixer Slapped with $60M Fine by FinCEN in Money Laundering Crackdown

FinCEN charged a Bitcoin-mixing operator with a $60 million civil money penalty for violating anti-money laundering regulations.

Prepare for Bitcoin’s Early Adopters (They’re Not Who You Expect)

Prepare for Bitcoin’s Early Adopters (They’re Not Who You Expect)

As the opt-out movement gains steam, another group of people may end up pushing crypto into the mainstream: old people and business leaders.

Ukraine’s Largest Bank Privatbank Suspends Money Transfers to Crypto Exchanges amid Martial Law

Ukraine’s Largest Bank Privatbank Suspends Money Transfers to Crypto Exchanges amid Martial Law

Other local banks in Ukraine have also imposed restrictions authorized by the country’s central bank under the current martial law.

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