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US Charges Stanford Crypto Group Director With Defrauding His Former Employer – the Fed
29.10.2020
Lawrence Rufrano allegedly hid his work at Stanford and blockchain startup Factom from disability benefits regulators
Will they or won't they? Central banks eye each other's digital currency moves
29.10.2020
Canada's central bank recognizes that CBDCs are a necessarily international issue
Coinbase Launches Cryptocurrency Visa Card in the US
29.10.2020
U.S. customers can now apply for the Coinbase Visa, a card that allows users to spend digital assets anywhere Visa is accepted. In addition to the U.S. launch, Coinbase cardholders will be able to earn up to 4% back in stellar or 1% back in bitcoin. A while back, the San Francisco-based...
JPMorgan Launches JPM Coin: Welcome to the Private Currency Era
27.10.2020
The investment banking giant says the blockchain hype cycle has moved past inflated expectations and into the realm of being commercially viable
Southeast Asia’s Largest Bank DBS Plans to Launch a Cryptocurrency Exchange
27.10.2020
The Singaporean multinational banking and financial services corporation DBS published an announcement revealing it was launching a cryptocurrency exchange. The announcement was later removed by the company but crypto proponents have learned about the upcoming support for assets like bitcoin...
Bahamas strikes first with Sand Dollar amid US–China CBDC faceoff
26.10.2020
Fed Chairman Powell sees no urgency to develop a CBDC, but eventually, the world’s top central bank must act, say experts
Silvergate Bank Sees 40% Increase in Deposits From Digital Currency Customers
26.10.2020
Silvergate Bank added $586 million in new deposits from firms and individuals in the cryptocurrency industry in the third quarter of 2020
Toyota’s IT arm works on digital token pilot with crypto exchange
26.10.2020
Another automotive company is moving into crypto
Digital yuan will work with WeChat and Alipay, says bank exec
26.10.2020
Details regarding the digital yuan's characteristics are taking shape
Toyota’s Tech Arm to Begin Company-wide ‘Digital Currency’ Pilot
26.10.2020
Source: Adobe/Björn Wylezich
Toyota’s IT subsidiary Toyota Systems has said it will begin a “digital currency” pilot with the Japanese crypto exchange DeCurret – embarking on a half-year-long company token experiment.
Toyota Systems develops tech support and system development solutions for...
PayPal de-platforms conservative domain registrar over ‘alternative currency’
26.10.2020
Epik domain registrar claims the move is politically motivated to silence conservative voices
JP Morgan Sees Millennials’ Bitcoin Preference Over Gold as Foundation for Its Long Term Success
25.10.2020
JP Morgan says bitcoin’s 2020 surge is set to continue as the digital cryptocurrency competes better against gold as an alternative currency. In a note, the financial institution says that with millennials set to become a more important market participant in the coming years, their preference...
China Drafts Law to Legalize Digital Yuan, Outlawing Competitors
24.10.2020
China’s central bank, the People’s Bank of China (PBOC), has drafted a law to legalize the digital yuan and outlaw digital currencies issued by anyone else competing with it. Meanwhile, the central bank has been cracking down on gambling sites that use the stablecoin tether. China...
Prepping for Next Year’s Travel Rule: 25 US Crypto Service Providers Publish Compliance Solutions Paper
24.10.2020
A great number of cryptocurrency businesses are preparing for the upcoming Financial Action Task Force (FATF) rules toward cryptocurrencies, specifically the Travel Rule. This month 25 Virtual Asset Service Providers (VASPs) published a paper that outlines how American-based VASPs aim to comply...
Why Fiats Are Failing in 2020
23.10.2020
From Brazil to Argentina to Turkey, bitcoin priced in local currencies is reaching all time highs. But is this a story of bitcoin succeeding, fiat failing or both?
Digital ruble must ensure privacy, not anonymity: Russia’s central bank
23.10.2020
Russia’s digital ruble will not have the same level of anonymity as cash, says official
Bitcoin Businesses on the Mend: Report Shows 57% of Crypto Execs Expect the Industry to Accelerate, Companies Are Hiring
23.10.2020
Digital Currency Group (DCG) recently published the firm’s “State of Crypto 2020” report which polls more than 150 portfolio crypto companies. According to the study, 75% of the respondents believe the value of their business has grown this year, while 50% of the startups have...
Grayscale Adds $300 Million in Cryptocurrency Assets Under Management in Just 24 Hours
23.10.2020
Grayscale Investments said Thursday that it added $300 million in net assets under management (AUM) in just the last 24 hours. ■ The firm now has a record $7.3 billion in total AUM, according to a tweet by Barry Silbert, chief executive officer of the Digital Currency Group, Grayscale’s...
Russia doesn’t need to be first with a digital currency, says state expert
23.10.2020
Russia is purportedly taking a fast-second strategy for the digital ruble
8 Countries Stricken With Rampant Inflation See Bitcoin Prices Touch All-Time Highs
23.10.2020
The price of bitcoin touched new highs in 2020 and a number of supporters are optimistic that the crypto asset’s value will drive higher. In addition to this year’s bitcoin price high, around eight different countries have seen bitcoin touch all-time highs (ATH) in their local currency....