An expert from the People’s Bank of China thinks the country has to study USD-backed cryptocurrencies and to launch its own yuan-backed stablecoin. The Chinese government should consider launching its own yuan-backed stablecoin despite the current ban on cryptocurrencies, an op-ed in Chinese financial journal CN Finance reports Tuesday, Oct. 9. An expert from the […]
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PwC will provide tech expertise to decentralized lending platform Cred in the launch of their USD-backed stablecoin. “Big four” audit giant PricewaterhouseCoopers (PwC) has partnered with decentralized lending platform Cred to provide tech expertise in the launch of their USD-backed stablecoin, the company announced on Monday, October 8. In the announcement, the professional services firm […]
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CNBC’s Cryptotrader host Ran Neuner says it is “too obvious” that Bitcoin “is about to explode” soon, evidently due to the SEC’s much-anticipated ETF decision. Crypto analyst and host of CNBC’s show Cryptotrader Ran Neuner has claimed that the price of Bitcoin (BTC) is “about to explode” in a recent tweet October 7. Neuner expressed […]
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Crypto markets keep being stuck despite big news, including institutional investments in crypto, and the SEC’s establishment of a Bitcoin ETF review deadline. Saturday, Oct. 6: crypto markets keep remain fairly stable on the day, despite this week’s major news in the industry, including institutional investments and an update from the SEC on their highly-anticipated […]
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Crypto exchange Gemini Trust Company, LLC has obtained insurance coverage for custodied digital assets from lending services firm Aon. Cryptocurrency exchange and custodian Gemini Trust Company, LLC (Gemini) has secured insurance coverage for custodied digital assets from lending services firm Aon, according to a press release published Oct. 3. Founded in 2014 in New York […]
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Source: Marie Huillet, CoinTelegraph The Winklevoss twins’ crypto exchange Gemini is eyeing entrance into the U.K. market, according to a new report from the Financial Times. Tyler and Cameron Winklevoss, creators of U.S..-based cryptocurrency trading platform Gemini, are looking to expand the platform to the U.K. market, sources told the Financial Times (FT) September 24. […]
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Other than a temporary dip to just below $7,900, Bitcoin has been holding at over $8,000 since it broke through the resistance on July 24th. The market has been strong, but not everybody has been a winner this week, particularly when it comes to regulatory oversight. The Securities and Exchange Commission (SEC) has rejected Tyler […]
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Cameron and Tyler Winklevoss’s company, Winklevoss IP, has been awarded a utility patent on the settlement of Exchange Traded Products (ETPs) that hold cryptocurrencies and other digital assets. According to the patent filed with the USPTO, the intellectual property pertains to “systems, methods, and program products for operating exchange traded products holding digital math-based assets.” […]
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