stablecoin Archives - Page 115 of 158

BaFin Head Urges Global Bank Standards in Response to Facebook’s Libra

June 26, 2019cashtechnews

BaFin’s president Felix Hufeld has urged regulators to develop standards in response to Facebook’s forthcoming cryptocurrency, Libra. The head of the German Federal Financial Supervisory Authority (BaFin) has urged regulators to develop standards in response to Facebook’s forthcoming cryptocurrency, Libra, Cointelegraph Deutschland reported on June 26 Speaking at the International Club Frankfurter Wirtschaftsjournalisten, BaFin President […]

Oxfam Trials Aid Distribution With DAI, Future Use ‘Highly Likely’

June 26, 2019cashtechnews

Oxfam issued tap-and-pay cards loaded with $50 worth of DAI to 200 Vanuatu citizens to use via Sempo’s payment platform, following six weeks of direct consultation with villagers. Throughout May 2019, United Kingdom-based nonprofit organization Oxfam International executed a month-long trial that saw MakerDAO’s DAI stablecoin distributed as a means of exchange among citizens of […]

Germany: CDU and CSU Union to Integrate Blockchain Into Public Services

June 25, 2019cashtechnews

In Germany, the CDU and CSU Union is pushing to integrate blockchain technology into public services. In Germany, the CDU and CSU Union wants to integrate blockchain technology into public services, Cointelegraph’s German-language version reported on June 25. The CDU and CSU Union represents the centre-right Christian democratic political alliance of two parties in Germany, […]

French Central Bank: Facebook’s Libra May Need Banking License

June 25, 2019cashtechnews

The Bank of France Governor said that Facebook’s Libra must comply with anti-money laundering regulation and seek banking licenses if it offers banking services. Bank of France Governor Francois Villeroy de Galhau said that Facebook’s Libra stablecoin must comply with anti-money laundering regulation and seek banking licenses if it offers banking services, Reuters reports on […]

JPMorgan Will Pilot ‘JPM Coin’ Stablecoin by End of 2019: Report

June 25, 2019cashtechnews

JPMorgan’s exec revealed that the bank has seen interest from global clients potentially using JPM Coin in bond transactions. The United States’ largest bank, JPMorgan Chase (JPM), is expecting to pilot its own cryptocurrency JPM Coin by the end of 2019, according to a Bloomberg report on June 25. Umar Farooq, head of digital treasury […]

‘Hope It Makes Me Rich’ — Ex-Trump Advisor Joins Crypto ‘Central Bank’

June 25, 2019cashtechnews

Ex-Trump advisor and conservative economist Stephen Moore has joined a stablecoin project that aspires to function as a new type of ‘crypto central bank.’ Stephen Moore — the economist who advised Trump on his tax cut policy and made an aborted Trump-backed bid to join the United States Federal Reserve board — has joined a […]

BTC, ETH, DAI Cross-Chain Atomic Swaps Launched By Liquality on Mainnet

June 25, 2019cashtechnews

Peer-to-peer cryptocurrency solutions project Liquality has launched its interface for cross-chain atomic swaps between bitcoin, ether and stablecoin dai on the mainnet. Peer-to-peer cryptocurrency solutions project Liquality has launched its interface for cross-chain atomic swaps between bitcoin (BTC), ether (ETH) and stablecoin dai (DAi) on the mainnet. The news was revealed in an official company […]

Bitcoin Breaks $200 Billion Market Cap For the First Time in 17 Months

June 25, 2019cashtechnews

Bitcoin is on track for reversing its 2018 bear market metrics as its price continues to gain above $11,000. Bitcoin (BTC) set a new 15-month record high price on June 25 as the largest cryptocurrency continues its giant three-month bull run. Market visualization courtesy of Coin360 Data from Coin360 puts bitcoin firmly in the driving […]

Circle CEO: ‘Non-Sovereign’ Bitcoin and Cryptos Will See Continued Growth

June 25, 2019cashtechnews

Circle CEO Jeremy Allaire believes non-sovereign cryptos such as bitcoin will see continued growth despite the emergence of assets such as Facebook’s Libra and stablecoins. Jeremy Allaire, co-founder and CEO of payments company Circle, believes non-sovereign cryptocurrencies such as bitcoin (BTC) will continue to see growth despite the proliferation of new forms of digital assets […]

Circle and Coinbase’s Centre Seeks to Form Consortium to Promote, Issue USDC

June 24, 2019cashtechnews

Centre consortium founders Coinbase and Circle open invitations to other institutions wishing to issue USD Coin. Stablecoins have become rather frequently discussed in the news and social media over the past few weeks, especially with the news of the release of the Facebook-backed Libra coin. The current wave of stablecoin issuance could be attributed to […]

Tag: stablecoin

BaFin Head Urges Global Bank Standards in Response to Facebook’s Libra

Oxfam Trials Aid Distribution With DAI, Future Use ‘Highly Likely’

Germany: CDU and CSU Union to Integrate Blockchain Into Public Services

French Central Bank: Facebook’s Libra May Need Banking License

JPMorgan Will Pilot ‘JPM Coin’ Stablecoin by End of 2019: Report

‘Hope It Makes Me Rich’ — Ex-Trump Advisor Joins Crypto ‘Central Bank’

BTC, ETH, DAI Cross-Chain Atomic Swaps Launched By Liquality on Mainnet

Bitcoin Breaks $200 Billion Market Cap For the First Time in 17 Months

Circle CEO: ‘Non-Sovereign’ Bitcoin and Cryptos Will See Continued Growth

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