Generation QE: How Central Banks Create Money From Thin Air

This year the public has seen a lot of the expansive monetary policy taking place with 37 central banks participating in monetary easing. Unfortunately, most people don’t understand the methods central banks like the Federal Reserve use to increase the money supply and never take the time to understand the process. The following is an in-depth look at how the Federal Reserve or any central bank “prints money” by adding credit to banks’ deposits, lowering the fed funds rate target, and using large-scale open market operations to purchase securities and…

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Crypto Jobs on the Rise, Thousands Listed

The number of job vacancies in the crypto industry is growing but fewer people are searching for them, according to a major U.S. job listing website. Thousands of jobs relating to Bitcoin, cryptocurrency, and blockchain technology are currently available as new employers seek to enter the space and existing players expand operations. Also read: China Now Censors Anti-Blockchain Sentiment, Educates Public on Bitcoin More Jobs, Fewer Searches Jobs in the field of cryptocurrency and blockchain technology are on the rise, according to Indeed, a leading job listing platform and search…

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Crypto Banks Gain Regulatory Recognition Across the Globe

Traditional financial institutions are still leery about decentralized cryptocurrencies. They are only starting to explore the potential of digital assets. But a new breed of banks specializing in crypto have been working hard to take advantage of this trend and are gaining regulatory recognition around the world. Also read: How to Start With Bitcoin at No Cost Swiss Crypto Banks Are Going Global Switzerland has established itself as a leading crypto-friendly nation and several hundred companies from the industry are currently operating out of the crypto valley centered in the…

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When Bitcoin Overtakes Gold – How High Can It Go?

Flashy bitcoin price speculation is a favorite game of crypto Twitter news outlets and commentators all over. After all, who doesn’t want to hear that their modest stash of satoshis could someday moon and be worth millions? Sensation aside, there remains a well-grounded case for continued rise in price where top cryptos are concerned, and should bitcoin’s market cap overtake that of gold — an asset limited in many ways compared to crypto — prices could indeed be out of this world. Also Read: For Initial Exchange Offerings, Liquidity is…

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Becoming Nakamoto: How Satoshi Created His Alter-Ego

Captain America began life as Steve Rogers. Tony Stark only created Iron Man after being kidnapped. Bruce Wayne spent seven years in ninja training before eventually returning to Gotham as Batman. We don’t know Satoshi Nakamoto’s birth name, but we do know something about the steps he took to create Bitcoin and indelibly forge his alter-ego. Also read: Satoshi’s Final Messages Leave Tantalizing Clues to His Disappearance Unmasking the Legend of Satoshi We don’t know who Satoshi is or was, but like the superheroes of today’s Marvel and DC movies,…

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Danske Bank Caught Using Gold Bullion to Launder Illicit Funds

The Danish financial institution Danske Bank has been embroiled in a massive money-laundering scandal associated with an Estonian branch that allegedly laundered $223 billion in an eight-year period. According to documents uncovered this week stemming from 2012, Danske Bank’s Estonian branch let a select group of clients from Russia convert their money into gold bullion in order to help hide funds. Also read: China Now Censors Anti-Blockchain Sentiment, Educates Public on Bitcoin Danske Bank’s Estonian Branch Laundered Funds With Gold Bullion Danske Bank has been involved in a money-laundering conspiracy…

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Tax Agencies Worldwide Plan to Crack Down on ‘Dozens’ of Crypto Tax Evaders

The U.S. Internal Revenue Service (IRS) has revealed the agency is cracking down on “dozens” of cryptocurrency users evading taxes. The IRS has partnered with tax agencies from four other countries in order to make sure tax enforcement strategies are being applied across the map. Also Read: QE Infinity: 37 Central Banks Participate in Stimulus and Easing Practices Tax Agencies From 5 Countries Are Hunting Dozens of Tax Evaders Using Digital Currencies According to the IRS, the tax agency is putting a significant amount of effort into fighting tax evasion…

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Bitcoin Cash House Launches Crypto Hub in Venezuela

A new crypto resource has emerged in Barquisimeto, Venezuela, for Venezuelans interested in learning about Bitcoin Cash and cryptocurrencies. The project, called Bitcoin Cash House, is the brainchild of Roberto Garcia and is sponsored by Bitcoin.com and Sideshift.ai. It exists as a physical location and online initiative, seeking to educate newcomers to the space on the acquisition, storage, and general use of crypto, as well as development and job opportunities. Also Read: Over 200 Venezuelan Taxis Discover the Benefits of Bitcoin Cash Welcome to the Cash House Launched just days…

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Corrupt CBI Inspector Booked for Extorting Vigilante Bitcoiner

India’s Central Bureau of Investigation (CBI) has reportedly booked its own officer in an extortion case involving bitcoin. The target was a man who previously fell victim to the Bitconnect scam and allegedly resorted to extreme measures to recoup his money. Also read: China Now Censors Anti-Blockchain Sentiment, Educates Public on Bitcoin Extorted by CBI Officer The CBI has reportedly booked its own officer, inspector Sunil Nair, for allegedly extorting Rs 5 crore (~$700,506) from Shailesh Bhatt, an Indian businessman from Gujarat, local media reported on Friday. According to the…

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How to Start With Bitcoin at No Cost

Getting into the Bitcoin world is by default easy and it doesn’t have to cost you anything. All you need to do to get started is to install a cryptocurrency wallet and load it with some digital cash. The growing crypto community, always enthusiastic about accepting new members, has done a lot to make sure you can take these first steps at no expense. Also read: Crypto-Based Commerce Spikes 65% in 7 Months Get a Free Crypto Wallet First To start with Bitcoin you don’t need to be ultra tech…

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