Major Chinese Bank Updates Blockchain Platform After $50 B Transacted

One of China’s big four banks has released the second version of its blockchain trading platform following transactions exceeding $50 billion. The China Construction Bank (CCB) officially released the second version of its blockchain trading platform, which reached 360 billion yuan ($50 billion) in cumulative transaction volume. CCB will actively promote blockchain platform On Oct. […]

Continue Reading

Crypto Carnage, Zuckerberg Admission, Royal BTC Scam: Hodler’s Digest, Sept. 23–29

Crypto markets reeling after bloodbath sparks major losses, as Zuckerberg admits Libra is “sensitive for society.” Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in […]

Continue Reading

Central Banker: CBDCs a Flexible Tool for a Zero-Interest Rate World

Chile’s top central banker says the financial system could benefit from central bank digital currencies, particularly in “unconventional” monetary policies. Chile’s central bank governor, Mario Marcel, says central bank digital currencies (CBDC) can provide additional flexibility in a time of “unconventional monetary policies.”  Marcel made the comments in a speech titled “High-level Policy Panel Discussion […]

Continue Reading

Reuters: Facebook Met British Authorities Prior to Libra’s Official Announcement

Facebook reportedly met British authorities and regulatory officials three times prior to publicly announcing the Libra stablecoin project. Facebook reportedly met British authorities and regulatory officials three times prior to publicly announcing plans for the Libra stablecoin project. As Reuters reported on Sept. 18, this spring Facebook had several appointments with officials at Britain’s finance […]

Continue Reading

Libra Must Comply with Anti-Money Laundering Standards: US Treasury

United States Treasury official Sigal Mandelker said that Facebook’s Libra stablecoin must meet the highest Anti-Money Laundering and terrorism financing norms. Facebook’s Libra stablecoin must meet the highest Anti-Money Laundering (AML) and terrorism financing standards, according to United States Treasury Under Secretary of Terrorism and Financial Intelligence Sigal Mandelker. Major business news outlet Reuters reported […]

Continue Reading

Crypto News From Japan: Sept. 2–8

Japan, one of the most important markets for cryptocurrencies, has seen a number of important developments over the past week. Japan, one of the leading markets for cryptocurrencies, has seen a series of important developments for the cryptocurrency and blockchain industries this week. The country’s financial regulator, the Financial Services Agency (FSA), has licensed crypto-related […]

Continue Reading