The Currency Scene:
News, Events, and Stories about currency from around the world.

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Category: Digital Currency

The IRS asked Coinbase to produce records for users over a wide time period: two years. Members of the Bitcoin Community have expressed outrage over this. In fact, even Coinbase, whose CEO Brian Armstrong oft takes a pro-regulation stance, has rebuffed the move.

Yet, many Bitcoiners take it much further, demanding a Bitcoin Economy that stands on its own. The premise is old as Bitcoin, but in recent years – as more has become known regarding how easy it is to trace some bitcoin payments – the sentiment has shrunk as an overall percentage of the philosophy directing the Bitcoin Ship. (though, the block size debate has surely obscured what’s exactly going on here)

World Currency News

  • Netflix subscriber growth beats Wall Street estimate as market leader faces Disney +

    (Reuters) - Netflix Inc added more paying subscribers than Wall Street expected in the fourth quarter as it faced new competition… Read More

  • Venmo adds branded animated emojis to payment messages • NFCW inc NFC World +

    By Sarah Clark[1] • 21 January 2020 • nfcw.com[2]... CUSTOM DESIGNED: Venmo users can Read More

  • Coin Probes Key Resistance, Fails First Test +

    Bitcoin (BTC) Price Outlook: Bitcoin[1] is up more than 20% in 2020 thus far, a testament to the asset’s volatility[2]… Read More

  • Citibank to pay $18 million penalty for failing to insure flood-prone properties +

    FILE PHOTO: A view of the exterior of the Citibank corporate headquarters in New York, New York, U.S. May 20,… Read More

  • Sberbank lets customers gift their loyalty points to friends and family • NFCW inc NFC World +

    By Sarah Clark[1] • 21 January 2020 • Updated 21 January 2020 • nfcw.com[2] ... Russia’s Sberbank is Read More

  • Colombia culls external reserve manager to boost competition +

    HTTP/2 200 date: Mon, 20 Jan 2020 23:56:50 GMT content-type: text/html; charset=UTF-8 set-cookie: __cfduid=d969629e4c96b5c74eeae808c7dba13f81579564610; expires=Wed, 19-Feb-20 23:56:50 GMT; path=/; domain=.centralbanking.com; HttpOnly; SameSite=Lax cache-control: max-age=2764800, public x-drupal-dynamic-cache:… Read More

  • Oil rises as Libya declares force majeure in oilfields +

    LONDON (Reuters) - Oil prices rose to their highest in more than a week on Monday after two large crude production… Read More

  • Port Authority to pilot NFC ticketing on Pittsburgh buses • NFCW inc NFC World +

    By Sarah Clark[1] • 20 January 2020 • nfcw.com[2] Port Authority to begin testing pay-by-smartphone; rollout expected by the end of... … Read More

  • CEO says Bank of America aims to 'double' its U.S. consumer market share: FT +

    FILE PHOTO: Bank of America CEO Brian Moynihan attends the World Economic Forum (WEF) annual meeting in Davos, Switzerland, January… Read More

  • S&P 500 Hits Record, USD Up. JPY, CAD, EUR Outlook Eye Rate Decisions +

    Another record week for the S&P 500 on Wall Street[1] was met with subdued volatility around the major currencies. The… Read More

  • Exclusive: EU industry chief to dismiss fears strict security rules could delay 5G +

    PARIS (Reuters) - European industrial policy chief Thierry Breton is set to dismiss claims that relying on European companies to build… Read More

  • Dow Jones, Nasdaq 100, DAX 30 Forecasts for the Week Ahead +

    Dow Jones, Nasdaq 100, DAX 30 Outlooks: The Dow Jones[1] saw earnings season kick off last week with earnings from… Read More
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Digital Currency News

  • Libra Still Faces Uphill Battle Despite Softened Swiss Stance +

    Jan 21, 2020[1] Caileam Raleigh[2] A Swiss government memo appears to show a softening in the nation’s stance towards... Read More

  • UK Tax Agency to Pay $100K for Blockchain Surveillance Software +

    On January 17, the UK tax agency Her Majesty’s Revenue and Customs (HMRC) published a job opportunity for a private… Read More

  • Wildcards Purports to Save Endangered Species With Technical First For Ethereum +

    An Ethereum-based project not only works to save endangered animals, but also has some new technology under the hood. #CTdoesDavos... Read More

  • LiteLink to Acquire Smart Sensor Technology to Target Untapped Waste Management Industry LiteLink to Acquire Smart Sensor Technology to Target Untapped Waste Management Industry +

    VANCOUVER, Jan. 21, 2020 /CNW/ – LiteLink Technologies Inc.[1] (“LiteLink”) (CSE:LLT)(OTC:LLNKF)(FRA:C0B[2]), a key player in logistics platforms and payment solutions, is… Read More

  • Popular Crypto Wallet Imtoken Adds Bitcoin Cash Support +

    Consistently among the top digital assets in the world by market cap, Bitcoin Cash is accepted by most crypto service… Read More

  • Blockchain Used by Budweiser Owner InBev to Help African Farmers +

    Conglomerate behind Budweiser beer using blockchain to help its local African suppliers... Read More

  • Tether and Bitfinex Unopposed to Lawsuit Consolidation +

    Jan 20, 2020[1] Caileam Raleigh[2] Three plaintiffs who have been involved in three separate lawsuits against Tether and its... Read More

  • Developer Proposes Decentralized Bitcoin Hashrate Derivatives +

    There’s a new concept called Powswap that lets people speculate on hashrate in order to hedge against price volatility. Powswap… Read More

  • EIDOS Transaction Volumes Skew 2019 DApp Market Report +

    EIDOS almost triples the transaction count in two months that the rest of the dApp ecosystem managed in the whole… Read More

  • The Fed Has Pumped $500 Billion Into the Repo Market. Where Does It End? +

    In September 2019, the interest rate for the overnight money market — a short-term lending market where banks borrow cash from… Read More

  • Lawsuit Against Ripple May Decide the Fate of XRP but Regulators Have the Final Say +

    A prolonged legal battle, which may hold the key to XRP’s future, has been extended again. The class action lawsuit… Read More

  • Guide to WEF Davos 2020: Sustainability, Stablecoins and CBDCs +

    What will the WEF Davos 2020 mean for crypto? Check this guide to find out... Read More
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