Bank for International Settlements Exec Advises Against Central Bank Digital Currencies

Bitcoin critic and general manager at the Bank for International Settlements advised against the issuance of CBDCs. Bitcoin (BTC) critic and general manager at the Bank for International Settlements (BIS) Agustin Carstens advised against the issuance of central bank digital currencies (CBDCs) in a speech in Dublin on March 22. Bloomberg reported on the speech […]

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China’s 11th Crypto Rankings: EOS First, TRON Second, Ethereum Third, Bitcoin Fifteenth

China has released its latest government-sponsored rankings of major cryptocurrencies. China has released its latest government-sponsored rankings of major cryptocurrencies on March 22, placing Bitcoin (BTC) in 15th, while EOS keeps its top spot. Tron (TRX) came in second, after overtaking Ethereum (ETH) in February. The crypto rankings by China’s Center for Information and Industry Development […]

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BlockFi Lowers Interest Rates for Top Tier Crypto Deposit Accounts

Crypto lending company BlockFi has lowered the interest rates for their biggest cryptocurrency deposit accounts. Crypto wealth management and lending company BlockFi has lowered the interest rates for their biggest cryptocurrency deposit accounts, according to an official blog post on March 22. BlockFi launched the BlockFi Interest Accounts (BIA), cryptocurrency accounts supporting Ethereum (ETH) and […]

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CFTC: We’re ‘Diligently’ Working on All Crypto-Related Applications, Including Bakkt’s

The U.S. regulator continues to liaise with representatives despite repeated delays over Bakkt’s launch. United States regulator the Commodity Futures Trading Commission (CFTC) is actively working to approve multiple crypto-related applications, including for Bitcoin (BTC) futures from institutional trading platform Bakkt. A CFTC commissioner revealed the news in remarks to cryptocurrency news network Blocktv in […]

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Bakkt Gets $740 Million Valuation But Investors Have Questions, Sources Reveal

The significant valuation was leaked to the media following Bakkt’s 2018 Series A funding activities. Intercontinental Exchange’s to-be-launched institutional trading platform Bakkt has earned a $740 million valuation after it raised over $180 million in funding last year, anonymous sources told cryptocurrency industry news outlet The Block on March 21. Bakkt, which has yet to […]

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