Australia Criminalizes Cash Over $10K While Funding Blockchain Research
Australia will crack down on cash freedom while dedicating over half a million dollars to blockchain research in its 2018-19 budget. Blockchain for Government Services The budget...
European Central Bank: Bitcoin ‘Not The Answer To Cashless Society’
The European Central Bank (ECB) claimed Bitcoin is “not the answer to a cashless society” March 13 while also casting doubt on bank-issued digital currencies. Bitcoin...
Bitcoin Will Be the Real Winner in the War on Cash
Bitcoin looks to become the biggest beneficiary of increasing money digitization as countries, such as Sweden, spearhead the so-called ‘war on cash.’ But First, What is ‘Cash’?...
Swedish Public Rejects World’s First e-Krona Digital Currency
Bitcoin is king in 2016, but Sweden’s unpopular plan to create its pioneering digital currency ‘eKrona’ shows public understanding still has a long way to go. Two-Thirds...
Bitcoin is Soaring to $1,000: Why This Time, It’s Different
Bitcoin’s amazing rise continues to break records, setting an all-time high market cap and reaching for the highest price since 2013. However, this familiar bull-run is different...
Amsterdam Conscripts Homeless in the War on Cash
Amsterdam has introduced the “Contactless Payment Jackets” for beggars, an electronic payment system that allows people to donate to the homeless. Amsterdam Fully Embracing Digital...
India Will Now Jail Junked Rupee Holders for 4 Years
As the deadline for handing in India’s decommissioned 500 and 1,000 rupee notes arrives, the government has signed a law jailing those who continue holding them. 4 Years’ Jail...
Bitcoin is Now Helping Indians Receive Bigger Paychecks from Abroad
The Bitcoin Blockchain has enabled millions of workers in India to receive bigger paychecks in Indian Rupees through a new partnership between Bitwage and Unocoin. Less Waiting...
Bitcoin Buying Up 300% in Pakistan, Demonetization’s Next Domino
Pakistan has announced plans to remove its largest currency notes from circulation as Bitcoin buying has surged fourfold in the country. Pakistan Joins War on Cash The demonetization...
Global Currency Wars Are Creating Bitcoin’s ‘Killer App’
There are more than just bitcoin price spikes and capital gains that stemmed from the ongoing currency wars. Bitcoin and its users are, in fact, on a bigger mission: providing refuge...
Unholy Trinity: Australia Joins in Cash Crunch, $100 Bills Could Go
Australia is mulling the idea of decommissioning its highest value banknote in what appears to be a global trend for removing physical bills. Minister: Priority ‘Closing Down...
Bitcoin Liftoff? Now Venezuela is Ditching Big Bills to ‘Fight Mafia’
Venezuela has announced the sudden withdrawal of its highest-value banknote, replacing it with coins ahead of a sudden major currency restructure. President to Mafia: ‘Stay...