Economics

US Sanctions Moscow’s Evrofinance Bank Over Involvement With Petro

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed sanctions on Moscow-based Evrofinance Mosnarbank. The…

Survey: 70% of Cryptocurrency Owners Rarely Use Crypto for Payments

A recent survey has found that the majority of cryptocurrency owners rarely use it for making payments. One somewhat unexpected…

Niall Ferguson Retracts Critical Appraisal of Crypto and DLT

Prominent British historian and author of ‘The Ascent of Money,’ Niall Ferguson, has retracted the pessimistic assertions that he had…

UK Regulator: 3% of Consumers Surveyed Have Bought Cryptocurrency

The U.K.’s Financial Conduct Authority (FCA) published two reports on consumer attitudes and awareness to crypto assets in the country.…

How Supply Affects Crypto’s Value, Explained

4. One of the main downsides is a concept known as a “deflation death spiral.” Like with hyperinflation, this is…

Nordea Bank Faces Allegations of Laundering Russian Millions

Finnish public broadcaster YLE will air a damning program on March 4 that reveals Nordea Bank’s alleged involvement in a…

Venezuelan Explains How Bitcoin Saves His Family

As the situation in Venezuela intensifies, a local bitcoin user details how he and his family use the cryptocurrency to…

The Importance of Risk Management and Psychology When Trading Crypto

In 2017, as crypto mania escalated, we witnessed extreme cases where individuals decided to make huge bets on bitcoin. Some liquidated…

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