Washington risks devaluing the dollar’s status in the future if it fails to respond to innovation, says the former regulator. The ex-head of the United States’ commodities regulator thinks the government must digitize the dollar and take power away from central banks. Giancarlo wants independently maintained dollar In an opinion piece for the Wall Street […]
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Miami International Airport now hosts a Bitcoin ATM, which the operator hopes will help Latin American travelers, in particular, exchange money. Bitcoin (BTC) ATM firm Bitstop installed one of its machines at the Miami International Airport, announcing the news in a press release published on Oct. 15. The Bitcoin ATM has been reportedly installed in […]
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Most crypto exchanges put in fresh trading volume lows, with the exception of Binance’s Bitcoin futures, which conversely set record highs. Binance’s Bitcoin futures product is the only winner in a lackluster market this week as trading volume hits local lows. Research highlights “very low” activity Analysis of various platforms’ trading volumes by exchange eToro’s […]
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The U.S. Securities and Exchange Commission once again begins accepting comments regarding the updated Bitcoin exchange-traded fund proposal by Wilshire Phoenix. The United States Securities and Exchange Commission (SEC) has once again begun accepting public comments regarding the updated Bitcoin (BTC) exchange-traded fund (ETF) proposal by Wilshire Phoenix Fund. According to the official document published […]
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RBC analysts believe that China’s digital currency might become the dominant digital currency if U.S. regulators dismiss Facebook’s Libra coin. Analysts at RBC Capital Markets have suggested that stifling Facebook’s Libra may leave the field open to China’s central bank digital currency (CBDC) to dominate in emerging economies. China shifts development of digital currency in […]
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Major bank HSBC carries out what it claims to be the first blockchain letter of credit to be enacted in Malaysia. Major bank HSBC has announced the successful enactment of a letter of credit (LC) on a blockchain in Malaysia. The transaction English language local fintech news outlet Fintech News Malaysia reported the development on […]
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Digital asset management giant Grayscale registered over $254 million in total investments into its products in the third quarter of 2019. Digital asset management giant Grayscale registered over $254 million in total investment into its products in the third quarter of 2019. In its Digital Asset Investment Report for Q3 2019, Grayscale provided details on […]
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South Korea has established a digital trade foundation to reduce the costs of trade with more than 90% by using blockchain technology. The South Korean government is planning to establish a digital trade foundation to reduce the costs of trade by using blockchain technology. Reduce trade costs by more than 90% On Oct. 14, South […]
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Ford Motor Company looks into blockchain technology to track the number of “green miles” driven by its energy-efficient vehicles. The Ford Motor Company is looking into blockchain technology and geofencing to accurately track the number of “green miles” driven by its energy-efficient vehicles. Analyzing real-world benefits of energy-efficient vehicles On Oct. 15, Ford announced that […]
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Cryptocurrency markets are turning red, while Bitcoin takes a sudden dip below $8,200 after trading sideways for the better part of the day. Tuesday, Oct. 15 — Bitcoin (BTC) has continued to trade sideways for most part of the day, while taking a sudden dip in recent hours. Market visualization. Source: Coin360 The world’s most popular […]
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