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G20 Finance Leaders: Stablecoins Present Serious Regulatory Risks
19.10.2019
The G20 nations agree that global stablecoins present serious public policy and regulatory risks
Jamie Dimon About Libra: ‘A Neat Idea That Will Never Happen’
19.10.2019
Jamie Dimon spoke about Facebook’s Libra stablecoin and highlighted JPMorgan’s JPM Coin in a speech at the Institute of International Finance
Ethereum Name Service Adds Infrastructure for Multi-Currency Support
18.10.2019
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...
German Minister Doubles Down on Statements Against Facebook’s Libra
18.10.2019
German Federal Minister of Finance Olaf Scholz has again stated that policymakers should prevent the issuance of Facebook’s Libra stablecoin
Huobi Lira Onramp to Enable Crypto Trading for Turkish Users
18.10.2019
Huobi Global will launch fiat gateway for the Turkish lira in late 2019, the firm officially announced at the Eurasia Blockchain Summit
FATF Raises Money Laundering Concerns Over Libra and Stablecoins
18.10.2019
FATF joins other authorities voicing concerns about Facebook’s Libra
ECB Executive Board Member Says There is a Requirement of ‘Highest Regulatory Standards’ on Stablecoins
18.10.2019
Benoit Coeure, the respectable Executive Board Member of the European Central Bank, has urged a need for a stringent supervisory framework for governing digital currencies and stablecoin projects like Facebook’s Libra, stated a report by Bloomberg on Thursday, i.e., October 17. Mr. Benoit in...
G7 Task Force Releases Full Report on Impact of Global Stablecoins
18.10.2019
Stablecoins could present a significant risk to global financial stability but hold promise for payment systems, says G7 report
Nearly 75% of German Consumers Would Reject Facebook’s Libra: Survey
18.10.2019
According to one recent survey, nearly 75 percent of German consumers completely reject the idea of Facebook’s Libra as currency
104 Addresses Hold 70% of Tether, Research Reveals
17.10.2019
The ownership of tether (USDT) turns out to be quite concentrated. According to a recent report, a few addresses control the bulk of the stablecoin, which is widely used by bitcoin traders. The finding comes on top of fresh accusations of creating a bubble levied in a lawsuit against tether’s...
French Finance Minister Warns He ‘Cannot Countenance’ Facebook’s Libra
17.10.2019
France: government minister attacks Facebook’s Libra once again
Bermuda to Start Accepting USDC Stablecoin for Tax Payments
17.10.2019
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...
Survey: Chinese Students Want Crypto Jobs, 8% Own Cryptocurrencies
17.10.2019
A poll conducted among university students in China indicates that many of them see a bright future for cryptocurrencies in their country. A quarter of the respondents said they would seek employment in the industry that deals with digital assets and related technologies. Approximately one in...
Bitcoin Is Totally Different Than Libra: Calibra Head David Marcus
16.10.2019
The head of Facebook’s Calibra, David Marcus, says he is a big fan of Bitcoin, but it is totally different than Libra
Fearing USD Decline, Ex-CFTC Heads Propose a Blockchain-Based Digital Dollar
16.10.2019
Two former ranking members of the CFTC offered up a plan for a government-sanctioned, blockchain-based digital dollar
Tron CEO, Justin Sun Forecasts USDT as the Top Future Stablecoin
16.10.2019
In his latest tweet, Tron CEO Justin Sun has professed the TRC20-based USDT, forecasting it as the biggest stablecoin of the futures markets. TRC20-based USDT is the version of the Tether powered by Tron Blockchain. In terms of usage, it has gained 5th rank beating other top-ranking stablecoins....
Bermuda Becomes First Gov’t to Accept Tax Payments in USDC Stablecoin
16.10.2019
Global financial services company Circle announced that Bermuda became the first government to accept its stablecoin USDC for tax payments
RBC Analysts: Squashing Libra Could Boost China’s Digital Currency
16.10.2019
China’s digital currency could become the dominant digital currency if U.S. regulators dismiss Facebook's Libra
Bank of England Governor Carney Defends Facebook’s Libra Stablecoin
15.10.2019
Bank of England governor Mark Carney defends Facebook’s choice to create a new currency
Booking Holdings Leaves Facebook’s Libra Association
14.10.2019
Leading online travel company Booking Holdings has left the Libra Association