Follow Me On Socials

EU Plans Comprehensive Digital Asset Regulations – Will People Prefer Alternative Assets?

Recently leaked documents point to a wide reaching set of EU regulations for digital assets, including stablecoins which may or may not be based in the value of the European common currency. Europe has taken an open stance on crypto, and has left the vast majority of the policy decisions up to its member states…. Read More

EU Moves Toward a Blockchain-backed Digital Euro

The exchange of goods and services is a fundamental part of human society. Now, it looks like the idea of centralized digital currencies is hitting the EU. Coins and Banknotes were originally backed by goods such as gold or silver. This was known as the gold standard which fell into disuse in the mid-20th century,… Read More

Fifth Anti-Money Laundering Directive (5AMLD) hits Crypto Businesses

The European Union’s 5th Anti-Money Laundering Directive (5AMLD) will be in effect from January 10, 2020. The regulation was crafted to bring increased transparency to financial transactions, and is aimed at curbing money laundering and terrorist financing across Europe. 5AMLD pushes back against money laundering and terrorism financing by making crypto transactions less secret, and… Read More

Governments vs Facebook: The Cryptocurrency Race

Facebook continues to press forward with their Libra Association plans. Libra is the social media’s cryptocurrency project. Announced in June 2019, Libra is scheduled to launch in 2020. World leaders, like United States lawmakers and the European Union members, have been quick to criticize Libra. Citing privacy concerns for Facebook’s 1.74 billion users across the… Read More

Facebook’s Libra Association Faces More Scrutiny

Facebook’s cryptocurrency project, Libra, continues to growing scrutiny. As new concerns and objections are raised, Libra continues to indicate that they welcome the open and public dialogue. PayPal Withdraws from Libra Over the weekend, PayPal, one of the early Libra Association members, withdrew from the Libra Association. PayPal stated they may be interested in looking… Read More

Trade Settlements Make Bitcoin Appealing for Venezuela

According to reports in US media, Venezuela’s state-owned oil company, Petroleos de Venezuela SA (PDVSA), asked the nation’s central bank to look into how Bitcoin (BTC) could be used in international trade. The South American nation has been struggling with a declining economy as well as sanctions from the United States, which has traditionally been… Read More

Stay Connected With Me

© 2021 BitBoy Crypto | Designed by LBWD