All posts by Ethan William

Gov’t-Issued Digital Currencies Threaten Financial Stability

According to Swiss National Bank (SNB) governing board member Andréa Maechler, private cryptocurrencies have advantages over central bank digital currencies (CBDC), Cointelegraph auf
Deutsch reported Sunday, April 8.

The SNB board member told an audience in Zurich that private-sector digital currencies are better and less risky than nationally-issued versions. Furthermore, she added that a government-issued
cryptocurrency could increase the risk of so-called “bank runs” – when a large number of customers withdraw funds from a bank based on concerns about the bank’s solvency.

Reference: https://cointelegraph.com/news/govt-issued-digital-currencies-threaten-financial-stability-says-swiss-central-banker

Three More Countries Join Planned Lawsuit Against Internet Giants

Cryptocurrency and Blockchain organizations in Switzerland, Kazakhstan, and Armenia have recently joined those of Russia, China, and South Korea in filing a joint lawsuit against major Internet companies for banning crypto-related advertising, local Russian news outlet RNS reported Friday, April 6. Continue reading Three More Countries Join Planned Lawsuit Against Internet Giants

Crypto Entrepreneur Joins Blockchain-Based Commerce Platform’s Advisory Board

A start-up which aims to make Blockchain technology and cryptocurrency payments an everyday feature of mainstream shopping has announced that “one of the most renowned representatives of the crypto community” is joining its advisory board. Continue reading Crypto Entrepreneur Joins Blockchain-Based Commerce Platform’s Advisory Board

Petition To Reverse Indian Central Bank’s Crypto Ban

A Change.org petition for “Mak[ing] India at the forefront of Blockchain Applications Revolution” in response to the Indian central bank ending all dealings with crypto-related accounts this week has gained over 17,000 thousand signature since going online April 5. Continue reading Petition To Reverse Indian Central Bank’s Crypto Ban