Brazilian coffee farming cooperative Minasul plans to issue a coffee-backed token. Brazilian coffee farming cooperative Minasul plans to issue a coffee-backed token, Bloomberg reported on July 11. According to Bloomberg, Minasul’s president Jose Marcos Magalhaes declared at the Global Coffee Forum in Campinas that Minasul intends to launch the token this month. Farmers will reportedly […]
Continue Reading
Fidelity, Deloitte and Amazon have joined 20 other firms to support blockchain accelerator program Startup Studio. Major global firms Fidelity, Deloitte and Amazon, have begun supporting a new blockchain accelerator program called Startup Studio, according to a press release on July 11. The companies are backing the program along with 20 other firms, including Ethereum […]
Continue Reading
Crypto markets are down on the day, with some top-20 coins reporting double-digit losses. Thursday, July 11 — major cryptocurrency markets are trading in the red zone, with just a few coins reporting moderate gains, according to Coin360. Market visualization courtesy of Coin360 The leading cryptocurrency Bitcoin (BTC) has continued coming down after yesterday;s sharp drop […]
Continue Reading
Hong Kong-based blockchain financial services firm Diginex Ltd. will go public through a reverse merger with investment holding company 8i Enterprises Acquisition Corp. Hong Kong-based blockchain financial services firm Diginex Ltd. is scheduled to go public through a reverse merger with investment holding company 8i Enterprises Acquisition Corp. Subsequently, the firm will be listed on […]
Continue Reading
Governor of Iranian Central Bank revealed that the government has prepared parts of an executive law to authorize crypto mining. Iranian authorities are planning to authorize cryptocurrency mining, as the governor of the Central Bank of Iran (CBI) declared, news agency PressTV reported on July 10. CBI governor Abdol Hemmati reportedly claimed that the Iranian […]
Continue Reading
BlockShow Medialogue aims to spark lively debate on the challenges facing the cryptocurrency media industry. Cointelegraph is going to moderate an international media event at the BlockShow Asia 2019 conference in Singapore. The closed session for journalists will take place at Marina Bay Sands on Nov. 13 — a day before the so-dubbed “Festival of […]
Continue Reading
Since Zimbabwe’s central bank banned crypto services in 2018, Bitcoin has continued to rise amid new ban on foreign currencies. Bitcoin (BTC) trading in Zimbabwe has continued to surge after the government banned the use of foreign currencies on June 24, business news agency Quartz Africa reported on July 10. The country is reportedly seeing […]
Continue Reading
The deputy governor of Mexico’s central bank argued that a CBDC of “less than full anonymity” is not interesting for the public. Central bank digital currencies (CBDC) will not hold much interest for the general public unless they provide full anonymity, the deputy governor of Mexico’s central bank has argued. The executive’s remarks were published […]
Continue Reading
Central Bank of Germany representative Burkhard Balz says that cryptocurrencies do not pose a threat to financial stability. Central Bank of Germany representative Burkhard Balz said that cryptocurrencies do not pose a threat to financial stability during a talk at the European Parliament reported a post published on the institution’s website on July 9. Burkhard […]
Continue Reading
China should learn from Hong Kong and Facebook as it develops its own sovereign digital currency, a former central bank governor says. A former governor of the People’s Bank of China (PBoC) has indicated that Beijing may delegate the issuance of digital currency to commercial entities, the Hong Kong-based South China Morning Post newspaper reported on July 11. Zhou Xiaochuan, […]
Continue Reading