My Financial News from Hungary, Cryptocurrencies

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Hungary , Friday 16 October 2026

News Hungary Cryptocurrencies: Cryptocurrencies are in crisis, but they are not going to disappear

Published on: Tuesday 17 January 2023
Cryptocurrencies are in crisis, but they are not going to disappear
News source: https://theconversation.com/cryptocurrencies-are-in-crisis-but-they-are-not-going-to-disappear-197777

Cryptocurrencies are experiencing their worst crisis since the arrival of the first crypto assets and virtual currencies in the 1990s and their democratization in the 2010s. Bitcoin had an ...

News Hungary Cryptocurrencies: Cryptocurrencies and U.S. Sanctions Evasion: Implications for Russia

Published on: Monday 19 December 2022
Cryptocurrencies and U.S. Sanctions Evasion: Implications for Russia
News source: https://www.csis.org/analysis/cryptocurrencies-and-us-sanctions-evasion-implications-russia

A current risk in today’s trade ecosystem is that countries leverage cryptocurrencies to circumvent U.S. sanctions. Cryptocurrencies are digital currencies that are not backed by central banks and are ...

News Hungary Cryptocurrencies: The selective Sovietization of American capitalism

Published on: Sunday 09 January 2022
News source: https://www.japantimes.co.jp/opinion/2022/01/10/commentary/world-commentary/soviet-capitalism/

The soft budget constraints that socialist state-owned enterprises used to enjoy turned out to be one of the main reasons why Soviet-bloc economies failed.

News Hungary Cryptocurrencies: Billionaires are embracing crypto in case money ‘goes to hell’

Published on: Monday 03 January 2022
News source: https://www.bnnbloomberg.ca/billionaires-are-embracing-crypto-in-case-money-goes-to-hell-1.1702520

Thomas Peterffy took out a full-page ad in the Wall Street Journal in 2017 warning of the dangers that bitcoin futures posed to capital markets.

News Hungary Cryptocurrencies: Billionaires turning towards Bitcoin amidst fears of inflation

Published on: Monday 03 January 2022
News source: https://insidebitcoins.com/news/billionaires-turning-towards-bitcoin-amidst-fears-of-inflation

One of the billionaire investors who have switched towards Bitcoin is Thomas Peterffy, a Hungarian born billionaire.