A top official at China’s central bank has confirmed that the country’s forthcoming digital currency will bear similarities to Facebook’s Libra token. A top official at China’s central bank has confirmed that the country’s forthcoming digital currency will bear similarities to Facebook’s Libra token. The English-language website of the Hong Kong Economic Journal reported the […]
Continue Reading
LinkedIn co-founder Reid Hoffman teamed up with Youtubers to release a battle rap between Alexander Hamilton and Satoshi Nakamoto. Reid Hoffman, co-founder of LinkedIn, decided to let Alexander Hamilton, one of the founding fathers of the United States, face-off against Bitcoin (BTC) creator Satoshi Nakamoto in an epic crypto-rap-battle video. Cryptocurrency debate between actor-rappers playing […]
Continue Reading
The recent move by Swiss regulators to licence two crypto banks is sending a message to regulators worldwide, but what are the stances of global authorities? Banking is often seen as the antithesis of Bitcoin (BTC), the very industry the nascent protocol looks to defuse and disrupt. Ironically, many banks are desperately in need of […]
Continue Reading
Following a request from the public, the Republic of Burundi has prohibited digital currency trading in the country due to associated risks. The Republic of Burundi in central Africa has banned the trading digital currencies in the country due to associated risks. As Bloomberg reported on Sept. 4, some Burundian citizens urged the government to […]
Continue Reading
ECB president candidate and IMF chief Christine Lagarde suggests that central banks and regulators should protect consumers while being open to innovation like crypto. European Central Bank (ECB) president candidate and International Monetary Fund (IMF) chief Christine Lagarde stated on Sept. 4 that central banks and financial supervisors should protect consumers but also be open […]
Continue Reading
The Marshall Islands has issued a national blockchain-based currency in a bid to “finally acquire monetary independence in a way that reflects Marshallese values.” The Marshall Islands has issued a national blockchain-based currency in a bid to “finally acquire monetary independence in a way that reflects Marshallese values.” The issuance of the Marshallese sovereign (SOV) […]
Continue Reading
Cryptocurrency compliance company Elliptic raises $23 million in a funding round led by SBI Holdings, among other companies. Cryptocurrency compliance company Elliptic has raised $23 million in a Series B funding round led by Japanese financial powerhouse SBI Holdings. Elliptic continues to expand in Asia According to a press release shared with Cointelegraph on Sept. […]
Continue Reading
The Netherlands’ central bank has today revealed it will begin regulating firms that offer crypto-related services as of January 2020, ordering them to register. The Dutch central bank has today revealed it will begin regulating firms that offer cryptocurrency-related services as of Jan. 10, 2020. Reuters reported on Sept. 3 that De Nederlandsche Bank clarified that […]
Continue Reading
Stablecoins have exploded in popularity in 2019 — but there are plenty of challenges that lie ahead for this type of cryptocurrency in the future. What will 2020 hold for stablecoins? Big launches and some further regulatory drama are increasingly likely. Keep an eye on Facebook and Walmart to see how their projects progress, and […]
Continue Reading
European Central Bank key legal official Yves Mersch said that Facebook’s Libra stablecoin is “beguiling but treacherous.” Yves Mersch, European Central Bank’s key legal official, said that Facebook’s Libra stablecoin is “beguiling but treacherous” during a speech at the ECB’s legal conference in Frankfurt on Monday. Bloomberg reported on Mersch’s remarks in an article published […]
Continue Reading