Alibaba Filmmaking Arm to Distribute New Movie Rights via Tokens: Report

Alibaba Group’s movie-making arm Alibaba Pictures plans to tokenize distribution rights for its new film “Striding into the Wind.” Alibaba Group’s movie-making arm Alibaba Pictures reportedly plans to tokenize distribution rights for its new film “Striding into the Wind,” Chinese English-language publication China.org.cn reports on Nov. 22. The company has purportedly signed an agreement with […]

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R3 CEO: Facebook’s Announcement of Libra Was ‘Ridiculously Stupid’

CEO of blockchain firm R3, David Rutter, has ridiculed the way Facebook introduced its yet-to-be-released Libra stablecoin. CEO of blockchain firm R3 has ridiculed the way Facebook introduced its yet-to-be-released Libra stablecoin. Skepticism surrounding Facebook’s forthcoming Libra stablecoin continues growing as David Rutter, the CEO of enterprise software firm R3, said that the announcement of […]

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New Bill Would Put Facebook’s Libra Stablecoin Under US Securities Law

A bipartisan team of senators introduced legislation that would regulate Facebook’s Libra stablecoin under securities law. American lawmakers have reportedly introduced a bill aiming to put Facebook’s Libra under the jurisdiction of the Securities and Exchange Commission (SEC). Two Texas representatives, Sylvia Garcia and Lance Gooden, have proposed legislation that would put even more regulatory […]

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Top-5 Cryptos This Week: NEO, LINK, ADA, BNB, LEO

Bitcoin’s bearish price action has led many traders to set their sights on altcoins and this week a handful of tokens added notable gains. The United States Federal Reserve believes that stablecoins “could complement existing payment systems and improve consumer welfare” but the operators behind the digital assets will require constant oversight and regulation. The […]

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Crypto Exchange OKEx Launches Bitcoin Futures Margined With Tether

Cryptocurrency exchange OKEx announced the launch of its Tether-margined Bitcoin futures contracts. Cryptocurrency exchange OKEx has launched Bitcoin (BTC) futures contracts that are margined with the Tether (USDT) stablecoin. OKEx announced the new offering in a press release on Nov. 14. OKEx first announced its intention to launch USDT-settled futures trading with up to 100x […]

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