Brazilian Trade Official Says Tax Reform Will Lead to Evasion Via Crypto
The head of a major Brazilian trade association said that a proposed tax reform could force people to turn to cryptocurrencies to evade taxes Go to Source Powered by WPeMatico
Economy
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Top 3 Telltale Signs a new Global Recession is Coming Soon
While many people tend to ignore the warning signs starting them in the face, there is no denying there will be another major financial recession in the near future. In fact, it seems this downfall will occur sooner rather than later. Several indicators are aligning in a rather negative manner, thus it remains to be … Read more
Side Effects of Economic Growth: Is Snowden Right to Say Bitcoiners Shouldn’t Be Bankers?
Growth is a goal that’s worth achieving, in most cases, and the current economic paradigm favors it. But when central banks start undermining their fiat economies and crypto companies begin to mimic financial institutions in its name, growth becomes an end in itself with self-destructive tendencies. Deutsche Bank’s head of strategy Jim Reid recently noted … Read more
CBDCs of the World: The Benefits and Drawbacks of National Cryptos, According to Different Jurisdictions
State-backed digital currencies are widely discussed among many countries worldwide, from China to Tunisia. Here are some major examples of CBDCs from different parts of the world Go to Source Powered by WPeMatico
Russia Is Getting Serious About Blockchain, but Remains on the Fence About Cryptocurrencies
Russia is getting bullish about blockchain, which was one of the main topics at a local economic forum. Cryptocurrencies seemed less favorable there, however — learn more in our recap Go to Source Powered by WPeMatico
Overstock Subsidiary to Help Liberia Digitize Services, Boost Economy with Blockchain
Overstock subsidiary Medici Land Governance has signed a memorandum of understanding with Liberia to help the African nation digitize government services Go to Source Powered by WPeMatico
In a World Where Central Planners Push Debt, Cryptocurrencies Look Better Every Day
Economists have been predicting a worldwide recession which could pose a risk to financial stability throughout various countries. Fear of an economic downturn has caused the central bank of Australia to cut interests rates on Tuesday and both the U.S. Federal Reserve and the Reserve Bank of India are in the midst of discussing slashing … Read more
President of Germany’s Central Bank Warns of Serious Outcomes of Digital Currencies
The president of Germany’s central bank has warned about the potential risks of introducing digital currencies Go to Source Powered by WPeMatico
Countries Suffering From Rapid Inflation Show Significant Demand for Cryptos
Cryptocurrencies have been trending upwards in price over the last few weeks, but in certain countries around the world digital assets have become far more valuable. For instance, in Argentina, the nation’s sovereign currency has lost considerable value and cryptocurrencies like BTC are seeing all-time price highs. The surge in value is not just taking … Read more
Russian State-Owned Holding Giant Proposes to Apply DLT in All the Gov’t Data Systems
Russian state-owned holding conglomerate Rostec proposes a $1.3 billion-worth plan to apply blockchain in all the state data systems Go to Source Powered by WPeMatico
