Tag Archives: CRYPTOCURRENCIES

India’s Supreme Court Urged to Rule on Cryptocurrencies

Since 2013, the RBI has been issuing cautionary advice in the public interest. However, a sense of relief was embedded in all the cautions for the investors that, if at all, the hammer of Government will only fall on the miscreants who will flout the law of the land. Continue reading India’s Supreme Court Urged to Rule on Cryptocurrencies

Rockefellers Go Long On Cryptocurrencies to Invest in Blockchain Startups

The Rockefeller family’s venture-capital arm is moving into cryptocurrencies. Venrock (“Venture” plus “Rockefellers”) is partnering with the cryptocurrency investor group, CoinFund, to help entrepreneurs launch blockchain-based businesses. Continue reading Rockefellers Go Long On Cryptocurrencies to Invest in Blockchain Startups

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

Billionaire George Soros is Set to Start Trading Cryptocurrencies

George Soros thinks cryptocurrencies are a bubble. He’s about to start trading them anyway. The billionaire investors and business magnate won’t be trading them personally, of course, but Bloomberg reports that Adam Fisher — who runs Soros Fund Management’s macro investing operation — has secured internal approval to begin trading cryptoassets. Continue reading Billionaire George Soros is Set to Start Trading Cryptocurrencies