Fears of the economic consequences of the rampant corona virus in China have driven up investors' risk aversion and the price of gold to its highest level in two weeks. As a result, the yellow precious metal is now only just below its highest level in seven years. With the virus problem, the already
The President of the Swiss Confederation, Ueli Maurer, currently sees no possibility of approving the digital money initiated by Facebook.The plan to register the digital currency Libra in Switzerland, which was pushed by Facebook, has gone wrong. "Switzerland cannot approve Libra in its present form," explained the President of the Swiss Confederation, Ueli Maurer. The
Blockchain technologies have great potential for abuse - so they should be given their own branch in researching ethical issues in their use. Technologies with a high potential for misuse are often accompanied by experts after some time, who deal with the undesired consequences. Now it is to be explored what can go wrong with
Austria's capital Vienna will go into test operation with its "culture token" developed with block chain technology at the end of the month. The city recently announced this on its website. The concept behind it works as follows: Using an app, Vienna residents can earn tokens through climate-friendly behavior. The app is equipped with GPS
The German government has passed a law that for the first time explicitly intervenes in the crypto trade. The observers see the possibilities, but also express criticism. Will it be possible to obtain Bitcoins from the house bank in the future? At least this scenario has become more likely: Banks and start-ups get more legal
Research by Deutsche Bank concludes that cash will not disappear from the scene so quickly. And that, although it is used less and less as a means of payment and digital currencies continue to rise. Germany's largest financial institution has published three new studies entitled "The Future of Payments" that examine the present and future
