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Scaramucci’s Billion-Dollar Mega Hedge Fund Skybridge ‘May Hold Positions’ in Bitcoin
17.11.2020
In a filing registered with the U.S. Securities and Exchange Commission (SEC), the giant global investment firm Skybridge Capital explained that the fund Skybridge G II may invest in digital currencies like bitcoin. On November 13, the New York-based company with $7.7 billion assets under...
Central bank digital currencies are dead in the water
15.11.2020
CBDCs won’t fundamentally be changing anything — central banks still want to control your wealth and your money
Bank of England Official Balks at Shielding Banks Against Digital Currencies: Report
13.11.2020
Deputy Governor Jon Cunliffe says protecting bank business models is not BoE's responsibility
From PayPal to Libra: Big Tech Has Forced Central Banks to Wake Up to CBDCs, Says Benoit Coeure
13.11.2020
Libra was the final wake-up call for central banks that prompted serious consideration of digital currency issuances, according to the head of the BIS Innovation Hub
‘Dr Doom’ Nouriel Roubini Admits Bitcoin May Be a Store of Value, Sees Big Revolution in Central Bank Digital Currencies
9.11.2020
Economist Nouriel Roubini, also known as “Dr. Doom,” has admitted that bitcoin may be a store of value. Roubini sees a “big revolution” coming in the next three years due to central banks launching their own digital currencies. Nouriel Roubini Sees Store of Value in Bitcoin...
Stablecoin Savings: Circle Launches High Yield USDC Accounts for Businesses
7.11.2020
Two years ago the cryptocurrency firm Circle announced the launch of USDC, a stablecoin pegged to the U.S. dollar. This week, Circle revealed the launch of high yield digital dollar business accounts with APY up to 10.75%. On September 26, 2018, Circle and the Centre open-source consortium launched...
Swiss Bank Sygnum Begins Storing Crypto With Taurus Group, Launches Staking Service
6.11.2020
The Switzerland-based bank Sygnum has announced this week that the fintech firm is now storing digital assets with the company Taurus Group. On Friday, the bank also revealed that the FINMA-approved firm’s clientele can purchase and stake XTZ by leveraging the Tezos network. Earlier this...
Coronavirus Driving Interest in CBDCs, Say Central Bank Chiefs
6.11.2020
Central banks meeting in Russia said the coronavirus pandemic is a driving force behind growing interest in national digital currencies
$200 Million Brazilian Crypto Fraud Scam: The US Seizes $24 Million Worth of Digital Currencies
5.11.2020
The United States Department of Justice (DOJ) says it has seized cryptocurrencies worth $24 million after receiving an official request from the government of Brazil. The seizure stems from an ongoing investigation into the $200 million cryptocurrency scam that may have defrauded tens of thousands...
PayPal crypto services to go global early 2021, support for CBDCs coming
3.11.2020
PayPal is planning to launch crypto services for users of its platform globally, along with the Venmo app, and the company will explore central bank digital currencies
Mastercard President Says Crypto Patents Will Pay Off When Central Bank Digital Currencies Arrive
2.11.2020
Crypto IP "puts us in a good position" for central bank digital currency, said Mastercard President Miebach
OCC’s Brian Brooks Against Government Issued Digital Dollar – Supports Regulation of Privately Issued Stablecoins
31.10.2020
The acting director of the U.S. Office Comptroller of Currency (OCC) Brian Brooks says the creation of the U.S. digital dollar is a terrible one because the government is not good at building things. Instead, Brooks believes tech companies, which already possess the know-how, to be in a better...
Report: 55% of US Investors Show Interest in Bitcoin Investment, Covid-19 Catalyst to Changing Preferences
29.10.2020
A recent survey study reveals that more than half of U.S. investors (55%) have an interest in investing in bitcoin, a figure which is 19 percentage points higher than that of last year. This translates to a potential U.S. market of nearly 32 million bitcoin investor households. According to...
Alibaba’s Jack Ma praises the disruptive nature of digital currencies
26.10.2020
The current conservative international financial system doesn't suit young people or young economies, says Ma
Central bank digital currencies have the power to upend global finance
26.10.2020
Central bank digital currencies will fundamentally change our conceptions of money and its uses
The Big Choices When Designing Central Bank Digital Currencies
26.10.2020
A retail CBDC or an indirect one? Synthetic? An API approach? How central banks implement digital currencies will have seismic implications
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...
CFTC Issues Guidance on Digital Currencies for Futures Commission Merchants
22.10.2020
The CFTC wants futures commission merchants to take care when dealing with customer's funds
Market Update: Bitcoin Nears $13,000, Holds Record-Breaking 87-Day Streak Above $10K
21.10.2020
Cryptocurrency markets have seen intense gains on Wednesday after the payment processor Paypal announced it would be supporting digital currencies. At the time of publication, the market cap of all 7,000+ digital assets has gained 5.6% hovering above $379 billion during the afternoon trading...
Monetary Stability: The IMF and Fed Chair Jerome Powell Discuss Digital Currency Implications
19.10.2020
On Monday, the International Monetary Fund (IMF) published a report on crypto assets like central bank digital currencies (CBDCs) and global stablecoins (GSCs). Moreover, the IMF also hosted a virtual panel that discussed digital currencies and cross-border payments with the Federal Reserve Chair...