The Central Bank of Brazil considers crypto assets in the trade balance, following part of the IMF’s guidelines. Cross-border transactions on crypto assets are already relevant and have already had a considerable impact on the domestic economy of some countries. For example, last month, the Central Bank of Brazil (BACEN) reviewed the Brazilian Trade Balance […]
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“Our clients are ready to work with” Facebook on Libra, said IBM’s general manager of blockchain services Jason Kelley. Technology behemoth International Business Machines (IBM) is open to working with Facebook on its Libra stablecoin, CNBC reported on Sept. 23. IBM’s general manager of blockchain services Jason Kelley said that the company is looking to […]
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Binance announced the launch of three new trading pairs with Tezos, including Bitcoin, Tether and Binance Coin. Binance CEO hinted at staking Tezos (XTZ) as the major crypto exchange listed the cryptocurrency for trading on its platform. XTZ deposits are now live On Sept. 23, Binance officially announced the listing of Tezos, launching three new […]
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OKEx, a cryptocurrency exchange, announced that it plans to host Tether (USDT) futures margin trading starting in October. Cryptocurrency exchange OKEx plans to launch Tether (USDT) futures margin trading in October, the firm confirmed in an email to Cointelegraph on Sept. 23. An OKEx spokesperson said that Tether futures are scheduled to be launched next […]
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Fears of recession. Political uncertainty. Hyperinflation. What are the chances and challenges for crypto and blockchain during the current economic turmoil? Everywhere you look these days, there’s turbulence in the economy. A bitter trade war is seeing the United States and China slap ever-increasing tariffs on goods on a tit-for-tat basis. Over in the United […]
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FMR subsidiary one of several high-profile contributors of cash for blockchain analysis firm Elementus. Blockchain analytics firm Elementus has raised $3.5 million from backers including a sister company of crypto-friendly asset manager Fidelity Investments. Morgan Creek Digital leads fresh cash injection As Fortune reported on Sept. 23, Elementus, which launched its offering in 2017, also […]
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Bitcoin price bears are eyeing $7K levels as Bakkt launch appears to not be having an immediate impact on cryptocurrency markets. With Bakkt launching just a few hours ago, crypto Twitter exploded with somewhat anticipated disappointment at the news of the first Bitcoin trade on ICE Futures US taking place at 8:02 ET. Twitter users […]
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Ex-CEO of UBS and board member of one of Switzerland’s first licensed crypto banks, says the traditional banking industry is starting to take note. Peter Wuffli — the former CEO of major Swiss multinational investment bank UBS — says the advent of new, regulated actors in crypto is drawing the attention of big-name banks. Wuffli […]
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The International Financial Reporting Interpretations Committee (IFRIC) has ruled that cryptocurrencies, including Bitcoin, are neither financial assets nor legal tender. The International Financial Reporting Interpretations Committee (IFRIC) has ruled that cryptocurrencies, including Bitcoin (BTC), are neither financial assets nor legal tender. The Korea Times reported the development on Sept. 23, citing the Korea Accounting Institute’s […]
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Developers are still keen on removing BIP70 from the Bitcoin Core client altogether, they reveal. Cryptocurrency payment processor BitPay may soon find it harder to do business as developers plan to remove support for the way it creates payment addresses. BitPay address support may disappear from Bitcoin In a GitHub discussion about the future 0.19.0 […]
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