The Bank of International Settlements, an international body owned by 60 worldwide central banks, published a discussion paper on treatment of crypto assets. The committee is requesting the opinion of all industry participants to develop a “prudential” treatment policy. The announcement comes after the bank’s Committee on Banking Supervision identified the growth of crypto assets...Read More
The greatest threat to America’s democracy might not be the Russians, according to former Congressman Ron Paul. In an episode of his weekly Freedom Report, the occasional presidential candidate and supporter of the cryptocurrency movement spoke against the Federal Reserve’s potential influence over American elections. [embedded content] According to Dr. Paul, the authors of the U.S....Read More
Argentina’s besieged Macri government has imposed new restrictions on foreign currency in a bid to shore up the Peso and stabilize the economy. The maneuver will do little to douse concerns of legacy government and institutional capacity to ably manage economies. At the same time, distrust in government, central banks, and the fractional reserve system...Read More
