Authoritarian Cryptocurrencies Are Coming

Russia and China see a new way to completely control their financial systems. With Russia and China both embracing the idea of sovereign cryptocurrencies, it’s time to ask a simple question: Why is a technology threatening to decentralize money so attractive to highly centralized, authoritarian regimes? Last weekend, Argumenti i Fakti, a pro-government newspaper, quoted… Continue reading Authoritarian Cryptocurrencies Are Coming

Bank of America Report: Bitcoin’s True Value ‘Impossible to Assess’

A potential move by global brokerages to offer products around cryptocurrencies could have a big impact on the wider market, analysts at Bank of America Merrill Lynch wrote. In an Oct. 16 research note entitled “Introducing cryptocurrencies – what are they good for?”, the analysts tackle bitcoin as well as other cryptocurrencies such as ethereum… Continue reading Bank of America Report: Bitcoin’s True Value ‘Impossible to Assess’

Canadian Securities Commission Keen to Support Cryptocurrencies and ICOs

The Ontario Securities Commission recently declared that it is “keen to support” cryptocurrencies and initial coin offerings (ICOs). In addition to its service to help businesses comply with securities laws, it has established a dedicated team to respond quickly to cryptocurrency offerings. Keen to Support Cryptocurrencies and ICOs The Ontario Securities Commission (OSC) is the… Continue reading Canadian Securities Commission Keen to Support Cryptocurrencies and ICOs

Ukraine Proposes Law to Completely Legalize Cryptocurrency Transactions

The first draft of a bill to legalize all cryptocurrency transactions in Ukraine has been submitted to its Parliament. Initiated by a group of deputies, the bill proposes to define cryptocurrencies including bitcoin as legal properties which can be exchanged for goods and services. Draft Law Submitted to Parliament A bill has been drafted on… Continue reading Ukraine Proposes Law to Completely Legalize Cryptocurrency Transactions

IMF Looking at How Blockchain Technology Can Revolutionize the Banking Industry

The International Monetary Fund urges banks to pursue blockchain investment before they face irrelevancy in the face of a competing fintech industry. A staff discussion note from June 2017 provides evidence of the IMFs position on cryptocurrencies, as they move to adapt and promote adoption. The Director of the IMF Christine Lagarde has previously praised… Continue reading IMF Looking at How Blockchain Technology Can Revolutionize the Banking Industry

Formation of Caspera

Caspera is a blockchain and cryptocurrency focused organization.  The organization was created on May 22, 2017 to promote and support blockchain technology and cryptocurrencies. Hello world…