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Filecoin’s crypto top 10 stint. Coinbase wows with earnings for Nasdaq debut. Japan opens door to CBDC.

Other top blockchain and cryptocurrency news: Hong Kong is new test bed for China’s e-CNY digital currency. Decentraland’s token bridge to Polygon.

China opens digital currency door to all. NFTs go wild. Is Singapore’s Temasek buying virgin Bitcoin?

Other top blockchain and cryptocurrency news: Bitcoin prices rise as BTC and ETH options expire. DeFi market steps up as Elon Musk says, ‘Don’t defy DeFi.’

World’s central banks come together to collaborate on CBDCs

As the world increasingly turns to Bitcoin, stablecoins and other cryptocurrencies, a brain trust of central bankers want to take back control.

Fed Chair Powell calls Bitcoin ‘speculative,’ says US not in CBDC rush

Countries around the world are exploring central bank digital currencies. But US and European central bank leaders say they value stability over speed.

How blockchain advocates stopped FinCEN’s ‘crypto wallet rule’—for now

Blockchain association leader Perianne Boring explains the controversial rule and how the industry pulled together to force FinCEN to consider public input.

Will new CasperLabs token take a bite out of high gas fees?

CasperLabs, a new smart contract blockchain network, announces its CSPR token sale — which CTO Medha Parlikar likens to a ‘gas futures market.’

Bitfinex, Tether banned in New York. No end yet to Ripple XRP’s SEC lawsuit woes. CBDC bridge for Asia and Middle East.

Other top blockchain and crypto news: Bill Gates on bitcoin. Nvidia protects gamers from crypto miners with separate CMP and GeForce RTX graphics cards.

BNY Mellon, Jay-Z join bitcoin conga line. Will NFTs take over real world? Roadmap for Biden to take blockchain leadership.

Other top blockchain and crypto news: DeFi under Fed study. Andrew Yang, Wyoming vie for crypto attention. Hong Kong and India edge toward crypto bans.

US must embrace digital dollar and cryptocurrency: Blockchain institute report

The Blockchain Research Institute-led report for Biden’s administration also outlines recommendations for crypto regulations and a national blockchain strategy.

Janet Yellen clarifies stance, notes ‘benefits of cryptocurrencies and other digital assets’

In written testimony, the US Treasury Secretary-nominee calls digital assets ‘fintech innovations’ and pledges to ‘encourage their use for legitimate activities.’

Biden’s American Rescue Plan. Crypto’s regulatory outlook in 2021. How not to lose your bitcoin password (don’t ask Stefan Thomas).

Other top blockchain and cryptocurrency news: Twitter’s blue sky initiative. In China, Conflux Network wins another government deal.

Treasury pick Janet Yellen: Crypto crimes are ‘particular concern’

In her Senate confirmation hearing, the US Treasury secretary nominee and bitcoin critic also decried crypto’s role in money laundering and terrorism.

Diginex’s Richard Byworth: Crypto borrowing and lending to increase 10-fold

In this edition of Forkast Forecasts, Diginex’s CEO offers his views on CBDC initiatives, crypto custody, and more growth in borrowing, lending of digital assets in the upcoming year.

Year in Review: 5 biggest blockchain and crypto stories of 2020

Here are the hottest blockchain news and trends that dominated Forkast.News headlines over the past 12 months. Let the countdown to 2021 begin!

Joe Lubin and other prominent crypto leaders decry the STABLE Act

Ethereum co-founder Joe Lubin and blockchain investor Alex Tapscott tell Forkast.News that the stablecoin bill aimed at Libra/Diem and Tether could have broader repercussions on the blockchain industry.

Visa hops on USDC’s Eth2 wagon. China flexes DCEP digital currency in biggest test yet. Will US tighten Libra/Diem’s tether?

Other top blockchain and cryptocurrency news: S&P Dow Jones to launch crypto index. Walmart invests big in India’s PhonePe.

Proposed US law would require stablecoins to be 1:1 dollar-backed

Are American lawmakers going after Facebook’s Libra, now called Diem? Controversial Tether may be the real target of new stablecoin-restraining bill.

Ep. 38 | What Biden’s victory means for crypto. Bitcoin rides new wave. Ethereum 2.0 revs for launch.

Other top blockchain and cryptocurrency news: Will TRUMP crypto losers get second chance? Hong Kong to regulate cryptocurrency exchanges.

Hong Kong and now Australia heating up global digital currency race

China’s DCEP digital yuan and new US interest in digital dollar are fueling sense of urgency on CBDCs — as blockchain firm ConsenSys paves the way.

Ep. 36 | Bitcoin prices rise on PayPal cryptocurrency news. US wary of CBDC as China enacts digital currency law for DCEP rollout.

Other top crypto and blockchain news: USDC stablecoin coming to Solana blockchain. Investing in KYC/AML in India.

Why blockchain and crypto regulations are ‘necessary evil’ for US and Europe

Regulatory finesse toward cryptocurrency and DeFi will spur investment while not stifling innovation, says Alex Tapscott of Blockchain Research Institute

Ep. 34 | Square buys $50 million worth of bitcoin. Google Cloud bets on EOS blockchain. CBDCs ramp up around the world.

Other top news: China accelerates digital currency testing with 50,000 e-RMB ‘red packets.’ Hong Kong as DCEP’s future sandbox. VC in India.

How bitcoin could offer a hedge as markets hit peak dislocation

Massive public spending, supply chain disruptions and ballooning debt are a volatile mix for investors. Here’s why bitcoin should be part of a balanced portfolio in this pandemic economy.

The World War of Digital Currencies: Is it too late for South Korea?

As China muscles DCEP to market and the U.S. enlists MIT for a future digital dollar, South Korea struggles to find its place in the crypto economy.

Ep. 26 | US Fed taps MIT for CBDC research as China intensifies DCEP testing. YAM protocol soars before crashing.

Other top news: USPS explores blockchain for voting. Coinbase offers crypto loans. Huobi launches Global DeFi Alliance.

How Fed-led inflation of USD could be good for bitcoin and digital assets

Covid-driven monetary policies are spurring growing investor interest in crypto assets and derivatives, says Richard Byworth, CEO of Diginex and EQUOS.io.

WEF seeks greater financial inclusion to help poor, Covid-ravaged communities

Sheila Warren, World Economic Forum’s head of blockchain policy, also discusses the growing importance of digital currencies and how America is falling behind.

SEC ‘Crypto Mom’ Hester Peirce: US will lose out in crypto innovations if regulations remain in limbo

The US is gold standard for global financial regulations. But if US does not get its act together over crypto, other nations will emerge as leaders in this growing space.

Q&A: How blockchain is disrupting financial services

Mike Cagney, co-founder of Figure Technologies, explains how blockchain and digital assets are transforming consumer loans, banking, and more.

India remains in a ‘gray zone’ over crypto. Are lawmakers crippling innovation?

Will India ban crypto? Regulatory uncertainty is causing nation to miss out on economic benefits. Smart regulations, says Ripple, may provide a way forward.

US could pilot digital dollar quickly if project gets green light, says Accenture’s blockchain lead

The Digital Dollar Project offers a path forward for the US to create a central bank digital currency. But will the government accept private sector help?

Ep. 18 | Fed chair throws shade at Digital Dollar Project. Ripple elbows in on SWIFT. Compound dethrones MakerDao.

Other top news: China’s new blockchain cross-border payment platform for Hong Kong, Macau and Guangdong. 5G for all in Shenzhen. Fintech VC in India.

Ep. 17 | Will India ban crypto again? VeChain wows Germany. Centrapay and bitcoin vending machines.

Other top news: Chinese high schoolers cram-studying bitcoin mining. Blockchain-powered lotteries in Cambodia. Startups in India, Singapore and UAE.

Ep. 15 | Is China’s digital RMB ready for prime time? Making the case for a US CBDC. Blockchain comes to Minecraft.

More top news: China exploring blockchain to cure gaming addiction. LG joins Hedera Hashgraph. Startups in Japan, Singapore and the Philippines.

Chris Giancarlo: digital dollar technology is coming ‘fast and furious.’ Can US seize the CBDC momentum?

Money is part of a nation’s financial infrastructure, and the dollar needs a digital upgrade for this changing world, says Giancarlo, former CFTC chair who now heads the Digital Dollar Project, in an exclusive interview with Forkast.News.

Digital dollar advocates lay out path to a US CBDC

Digital Dollar Project’s new white paper proposes a ‘third format of currency’ that would be interchangeable with paper money while preserving privacy. Is America ready for a government crypto dollar?

Former banker Mike Novogratz is ‘petrified’ of China’s new state-issued cryptocurrency, and ConsenSys’ Joseph Lubin agrees

Two titans of blockchain discuss China’s DCEP, Covid-inspired technology and more with Forkast.News Editor-in-Chief Angie Lau, in video highlights from Ethereal Summit 2020.

What does ‘universal basic income’ have to do with a digital dollar or a central bank digital currency?

Covid-19’s disruption of global economies could speed up changes to financial systems around the world. Will cash become obsolete?

Famed investor Tim Draper predicts both a digital dollar and Chinese DCEP “will bomb”

In an interview with Forkast.News, the billionaire venture capitalist also discusses globalism, regulatory arbitrage, the future of healthcare and why he thinks bitcoin is king.

Ep. 11 | Crypto surges before bitcoin halving. China taps SenseTime for CBDC rollout. BitMEX shuts out Japan.

Other top news: IBM’s Covid medical supply network. China now has over 1,000 blockchain firms. Startups in Japan, India and Singapore.

Liquidity is the new boss in town: RockTree LEX’s Omer Ozden on investment opportunities as Asia recovers from Covid-19

Venture capital slowed as the coronavirus economy contracted. But out of the turmoil are still investment and fundraising opportunities.

Why central banks are pushing ahead with digital currencies

Central bank digital currencies could change government, the economy, and even society, writes Digivault CEO.

Covid is disrupting the global workforce to its core. What will the future of work look like?

Companies are decentralizing into purely digital workplaces to survive the pandemic. What are the long-term implications on the structure of employment and the technologies required for working from home?

Why invest in Bitcoin when global markets are still a hot Covid mess?

Bitcoin’s tumbling prices during the coronavirus pandemic may be an opportunity to buy the dip.

How a tokenized digital dollar could modernize the American financial system

The U.S. backed away from a digital dollar in its coronavirus relief package. But a tokenized dollar would be better for America — and bring us closer to a true central bank digital currency, says a director of the Digital Dollar Project.

Safe havens like bitcoin and gold are sinking in this pandemic economy. Where can investors find shelter?

As Covid-19 roils markets and currencies, next-generation algorithmic stablecoins may offer a smoother ride.

Bitcoin’s ‘black swan event’ — should investors worry?

BTC’s recent tumbles and movements with the rest of market may be an anomaly and opportunity for investors.

Ep. 5 | U.S. weighs digital dollar, Coinbase top lawyer joins Treasury, and more

In this newsletter and podcast, we bring you top headlines around the world, including: A new proposal to create a digital dollar. Coinbase’s legal chief heading U.S. Treasury. A Bitcoin-Red Cross coronavirus fundraiser in Italy. Universal basic income’s revival. Steem’s hard fork into Hive, and more.

Analysis: Are the ‘digital dollars’ in the $2 trillion stimulus plan the first step toward an American CBDC?

Coronavirus’ impact on the U.S. economy might hasten the creation of a digital dollar.

Is Covid-19 universal basic income’s moment?

Robotics and blockchain will unleash massive job losses as workers struggle to adjust. Should society offer UBI to ease the economic pain?

Tokenized gold: smart investment as coronavirus fuels economic turmoil?

Coronavirus fears are sending markets tumbling. Could tokenized gold, or gold-backed crypto, be the next-generation investment in times of economic trouble?

LISTEN: South Korea, China, and Japan — Bold Moves Ahead for Blockchain Acceptance?

Listen to the podcast Full Transcript Angie Lau: Welcome to Word on the Block, the series that takes a deeper dive into the topics we cover right here on Forkast.News. I’m Editor-in-Chief Angie Lau and today we dive into what many are seeing emerging in blockchain, that Asia could soon be taking the lead from […]

BOE Governor Says Global Digital Currency Should Replace the US Dollar – Rabobank’s Michael Every Breaks It Down

In this last week, Bank of England Governor Mark Carney made waves in the crypto industry by espousing, as a pillar of traditional banking, an alternative to the very system he heads. At a speech in the U.S., Carney put forward the idea of a “synthetic hegemony currency” – in other words, a central bank-banked […]

LISTEN: Could the Global Economy Push Bitcoin to an Inflection Point?

In this episode of Word on the Block, Editor-in-Chief Angie Lau sits down with Kevin Kelly of Delphi Digital to explore the recent trends in the market has seen for Bitcoin given monetary policy. Kelly recently published a piece, The Perfect Storm for Bitcoin. Is the global macroeconomic environment creating an opportune moment for cryptocurrency? […]

The Perfect Storm for Bitcoin

Trade wars. Slowing global growth. Weak inflation. $14 trillion of negative-yielding debt. Unprecedented monetary policies. It’s easy to get lost in the mayhem of markets when these are just some of the notable trends investors face today. Amid the chaos, the narrative surrounding Bitcoin has shifted quite dramatically since the beginning of the year as […]

Paris Blockchain Week Summit (Part I) — Leading Financial Regulators Shed Light on the Universal Struggle to Regulate Cryptocurrency

Key Highlights From a regulatory standpoint, there is ample reason for governments and institutions to be interested in the cryptosphere. Giles Ward references how it stands to pose “investor protection and market integrity risks.” Marius Jurgilas, Board Member of the Bank of Lithuania, thinks about the potential for blockchain technology to be used in the […]

No Permission Needed — How Arthur Hayes, BitMEX CEO, is Self-Made with a Multi-Billion Dollar Trading Platform

In a candid conversation, Co-Founder and CEO of BitMEX Arthur Hayes defends why BitMEX is set up in Seychelles, the promise of blockchain for everyone, why ICOs are not a problem, and why his industry is not a “scam.” This self-proclaimed “economics-history nerd” and former Deutsche Bank banker, who joined then lost his job at […]

Will the G20 Summit in Osaka be the Bretton Woods of the 21st Century?

Key Highlights Osaka may be the “Crypto Bretton Woods” in terms of significance to the global economy Unlike the current economic system, crypto is “rising from the ground up” and is being forced on the global elites “Science-fiction is becoming fact and happening in a way they [governments] can’t ignore.” In the latest episode of […]

Can Digital Currency End Japan’s Economic Malaise?

Risk-averse, regulation-crazy, deflationary Japan was never an obvious epicenter for Bitcoin trading. And yet the government has openly welcomed the crypto industry, betting that blockchain innovation would catalyze a startup boom and create new wealth and jobs. So should the Bank of Japan (BOJ) go one step further and issue its own cryptocurrency? “This will […]

LISTEN: Are We Ready for Cryptocurrencies as an Alternative Asset Class?

Key Highlights As a non-sovereign, decentralized, and digitally native asset, Bitcoin has a strong value proposition to hedge against any risk of a major currency devaluation Cryptocurrency is censorship-resistant; it’s accessible to everyone, and anyone can acquire it, making it powerful for long-term wealth storage for both companies and individual Quantitative easing and the Federal […]

Investors May Flock to Crypto as Central Banks Back Off Interest Rate Hikes

For investors, risk assets appear more attractive, at least in the near-term, as global central banks walk back plans to raise interest rates. The Federal Reserve’s dovish pivot in recent months has fueled a rebound in stocks. Although some people remain skeptical of the recent rally, investors don’t seem to have many alternatives given the […]

Petro cryptocurrency era ends in Venezuela

The controversial Petro cryptocurrency is now defunct as Venezuela pulls the plug.

How ancient battles are shaping our global financial future

Our 21st century economy still rides on old, slow and costly financial rails. Here’s how blockchain technology can build a network of monetary superhighways.

What Europe’s new spot Bitcoin ETF means for global markets

Europe’s first spot Bitcoin ETF ushers in an era where traditional finance and crypto are converging, setting the stage for digital assets to become mainstays in the economy.

Bitcoin inches up, Ether slips; top 10 cryptos mixed

Bitcoin rose and Ether fell during Tuesday afternoon trading in Hong Kong, while most of the top 10 non-stablecoin cryptocurrencies by market capitalization closed mixed.

Circle: US regulation can help create the ‘most stable stablecoin’

Circle Vice President of Global Policy Corey Then says he is optimistic that U.S. regulatory developments can eventually benefit local players despite ongoing scrutiny.

Crypto firms hardpressed to find U.S. bank partners as industry blames ‘Operation Choke Point 2.0’

NYDFS superintendent Harris called the idea of Operation Choke Point 2.0 “ludicrous,” but industry participants largely disagree. Was the shutdown of the three largest crypto-friendly institutions a coordinated effort to unbank crypto?

Circle’s Disparte speaks on de-risking crypto from banking risks

The recent U.S. banks fallout is a stress test for both traditional finance and digital assets but to weather the storm side by side is a powerful opportunity, says Circle Chief Strategy Officer Dante Disparte.

Blur lives up to name as its trading volume surpasses OpenSea

Top blockchain and crypto news: Blur’s success spurs changes at OpenSea. Is Binance eyeing US exit? Taiwan asset disclosure rules may include crypto.

Bankrupt FTX threatens legal action to claw back donations to politicians, charities

The move marks a shift in tone from December when recipients of FTX donations were requested to “voluntarily” return the funds.

Celsius misled investors, spent customer funds, bankruptcy examiner claims

Celsius Network may have misled its investors and spent customer funds, an independent examiner said in a Tuesday court filing.

An open letter to Sen. Elizabeth Warren: Your shotgun approach to crypto is dangerous for America

FTX’s implosion is spurring a regulatory scramble to rein in the crypto sector. But one influential US lawmaker may do more harm than good, writes Kadan Stadelmann, CTO of Komodo.