The European Central Bank releases a new paper devoted to stablecoins, providing taxonomy based on key stability mechanisms and recommending clear regulation. Stablecoins with a clear governance framework may be hampered by the uncertainty of the lack of regulation, according to the European Central Bank (ECB). Four major types of stablecoins outlined On Aug. 29, […]
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Skeptics, speculators and theories run high as one of crypto community’s biggest Twitter account @Bitcoin switches allegiance from supporting BCH to BTC. On Aug. 19, the standoff between Bitcoin Cash (BCH) and Bitcoin (BTC) took a new twist, as one of the industry’s most controversial Twitter accounts — with nearly a million followers — changed […]
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U.S. court cases against crypto and blockchain firms are inconclusive, but international cases appear to be showing clear support for cryptocurrency. Over the last 24 months, all major legal systems have been floundering to develop a regulatory framework that can be applied across the blockchain industry. This lack of a standard foundation has led to […]
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The Ethereum Foundation will distribute over $2.46 million in grants to finance Ethereum 2.0 development. The Ethereum Foundation (EF) announced that over $2.46 million in grants will be given to finance Ethereum 2.0 development. In a post published on the official blog on Aug. 26, EF announced that it has “granted financial awards to various […]
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From Cointelegraph Japan: the Bank of Japan is bullish on blockchain tech, while exchanges and crypto firms are introducing new offerings. Japan is a friendly jurisdiction for cryptocurrency trading and development, having eliminated the consumption tax on Bitcoin (BTC) trading in 2017, after which it recognized the coin as legal tender. This week in Japan, […]
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Following a visit to Switzerland to discuss Facebook’s Libra stablecoin, U.S. Representative Maxine Waters still has concerns about the project. Following a visit to Switzerland to meet with the country’s financial regulators, United States lawmakers are still concerned over Facebook’s proposed cryptocurrency project, Libra. Meetings with multiple agencies According to an official statement from Representative […]
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Binance unveils its own project to rival Facebook’s Libra, Bitcoin’s dominance may not be what we all thought, and WhatsApp plots digital payments launch. 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 […]
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New research from Augmento suggests a strong correlation between Tether sentiment and its market capitalization. New research from Augmento suggests a forward correlation between Tether sentiment, market capitalization and price, which could be manipulated or exploited to create arbitrage opportunities. It hypothesizes that Tether sentiment could therefore provide a signal for traders in a blog […]
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Facebook’s Libra remains hot on the agenda despite the fact that no new announcements have come; instead, the world continues to react to the stablecoin… Over the past few days, a number of Libra-related announcements have been made — only, they weren’t from Facebook, the Libra Association, Calibra wallet or any other party involved in […]
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“People always ask how I am coping with living on Bitcoin,” a British software developer tells a UK tabloid, “but the truth is that my lifestyle hasn’t really changed.” “People always ask how I am coping with living on Bitcoin,” a British software developer told The Mirror in an interview this week, “but the truth […]
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