Details of Russia’s national stablecoin have surfaced. On November 7, the chairman of Russia’s State Duma Committee on Financial Markets announced details of the “CryptoRuble,” a long-discussed government cryptocurrency project. Specifically, the official said that a state-backed stablecoin would be a complete equivalent to the Russian fiat ruble, but in a digital space. Russian […]
Continue Reading
Top global exchange OKEx has announced early delivery of Bitcoin Cash futures immediately after trading stop time today. The world’s current biggest crypto exchange OKEx has announced early delivery of Bitcoin Cash (BCH) futures contracts immediately after trading stop time today, Nov. 14, according a press release shared with Cointelegraph. As per the announcement, all […]
Continue Reading
French stock market regulator AMF says France accounts for a minor part of the global ICO market, while the U.S. leads the industry. The Initial Coin Offering (ICOs) industry in France represents a minor part of the global ICO market, according to a report on ICOs released by French financial markets regulator AMF (l’Autorité des […]
Continue Reading
The CTO of IBM Blockchain for Financial Services has said that CBDCs can help mitigate the risks that contributed to the 2008 financial crash. Stanley Yong, global lead for central bank digital currency (CBDC) solutions at IBM, has said that CBDCs can help to mitigate the risks that contributed to the 2008 financial crash. Yong […]
Continue Reading
IMF head Christine Lagarde says relevant actors “should consider the possibility to issue digital currency.” The head of the International Monetary Fund (IMF) has said the international community should “consider” endorsing central bank issued digital currencies (CBDCs) in a speech at the Singapore Fintech Festival Nov. 14. IMF managing director Christine Lagarde said that despite […]
Continue Reading
Ethereum (ETH) co-founder and ConsenSys CEO Joe Lubin has said that with blockchain, society will move “from a scarcity to an abundance mindset.” Ethereum (ETH) co-founder and ConsenSys CEO Joe Lubin has said that with blockchain, society will move “from a scarcity to an abundance mindset,” in a New York Times (NYT) interview published Nov. […]
Continue Reading
sponsored i-House.com has revealed its plans to create a global real estate marketplace that combines blockchain technology with traditional real estate methods. The real estate industry has seen significant growth since the recession. With market prices predicted to increase along with millennial demand in 2019, the industry is as welcoming as ever. Although the market […]
Continue Reading
Germany’s federal financial regulator BaFin has ordered the cessation of cross-border proprietary trading from a British crypto-related firm. The German Federal Financial Supervisory Authority (BaFin) has ordered partial cessation of activities by U.K.-based crypto-related firm Finatex Ltd., according to an official announcement published on BaFin’s website on Friday, Nov. 9. According to the BaFin’s notice, […]
Continue Reading
The chairman of Russia’s State Duma Committee on Financial Markets has said that a state-backed stablecoin would be a complete equivalent to the Russian fiat ruble. The chairman of Russia’s State Duma Committee on Financial Markets has said that a state-backed stablecoin would be a complete equivalent to the Russian fiat ruble in a digital […]
Continue Reading
The Finance Committee of the French National Assembly has adopted amendments to a tax bill that would tax crypto as capital income. The Finance Committee of the lower house of French parliament has adopted amendments to a tax bill that ease taxes on cryptocurrency sales, daily French newspaper Le Figaro reports Wednesday, Nov. 7. The […]
Continue Reading