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Nalezeno "The Currency": 3974

JP Morgan CEO Says Facebook’s Crypto Project Libra “Will Never Happen”


Jamie Dimon, CEO of JP Morgan Chase, has voiced his opinions on Facebook’s ambitious and much-talked-about digital currency project Libra. In Dimon’s words, Facebook’s digital currency project Libra is a neat idea that will never happen. He, however, refrained from elaborating on the reasons behind...

McAfee Envisions DEX in a World Where Crypto Won’t Be Traded for Fiat


In a recent video posted to Twitter. John McAfee states: “Imagine a world…where fiat currency is diminishing in importance.” Instead of pointing to the adoption of crypto by big money interests, the rogue politician and radical bitcoin proponent talks of a complete flip, where...

Fed Research Considers Negative Interest Rates Effective Policy Tool


A research paper published by the Federal Reserve Bank of San Francisco shows how negative interest rates could become an important policy tool for fighting future economic downturns. The paper examines the market response to the introduction of negative interest rates by five major central banks....

Bitcoin Cash Roundup: Adoption Stories and New Developments


Bitcoin Cash (BCH) adoption, development, and participation continue to spread as there’s been a myriad of BCH-related announcements in the last few weeks. Moreover, there’s now over 18 million bitcoin cash in circulation and only three million coins left to mine. Also read: Ethereum...

Ethereum Name Service Adds Infrastructure for Multi-Currency Support


On October 16, the Ethereum Name Service (ENS) announced multi-currency support and integration with 15 platforms and wallets. The fusion will provide users with the ability to use a single ENS name across a wide spectrum of crypto applications alongside leveraging a variety of digital assets. Also...

SEC Wants Second Look at Bitwise Bitcoin ETF Proposal


The U.S. Securities and Exchange Commission (SEC) is reviewing its order issued last week pertaining to a rejected proposal for a bitcoin exchange-traded fund (ETF). The proposal was filed by NYSE Arca for the Bitwise Bitcoin ETF Trust. Meanwhile, the SEC is also evaluating a proposed rule change...

CFTC Unearths $11M Cryptocurrency Scam, Files Charges


The Commodity Futures Trading Commission (CFTC) of the United States, has declared to file a civil prosecution action against Nevada headquartered Circle Society. CFTC announced yesterday that it was indicting Circle Society and its owner, David Gilbert Saffron, on account of “fraudulent...

Bermuda to Start Accepting USDC Stablecoin for Tax Payments


Bermuda has become the first government to start accepting taxes in the form of hugely popular USDC stablecoin. In fact, the people of Bermuda will also be able to use the USD Coin (USDC) for the payment of fees and government services, as per the official announcement by Circle on its blog dated...

Where US Regulators Stand on Crypto Assets


The U.S. has many regulators responsible for overseeing different aspects of crypto assets, each with its own stance on how they should be regulated. Major regulators in the U.S. with strong opinions on cryptocurrency include the SEC, the CFTC, the Federal Reserve, Fincen, and the IRS. Also read:...

Binance Coin (BNB) Unveiled as ETP on Six Swiss Stock Exchange


Malta-based leading digital asset trading platform, Binance has added one more feather to its credit by entering into a strategic partnership with tech firm Amun AG. The crucial partnership has led to the launch of BNB, the native currency of Binance, as an Exchange Traded Product or ETP on...

G20 Informed Stablecoins Could Pose Financial Stability Risk


The Financial Stability Board has informed the G20 finance ministers and central bank chiefs of the risks stablecoins could pose to financial stability. Unlike crypto assets which do not pose financial stability risk at this time, stablecoins could pose a host of challenges. Also read: Unicef...

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