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New Draft U.S. Law Will Make It Illegal To Issue Stablecoins Without Federal Reserve Approval
4.12.2020
Three U.S. lawmakers have introduced a bill that will force private stablecoin issuers to obtain a banking charter (or license) and approval from the Federal Reserve before they can issue a stablecoin. Instigated by Rep. Rashida Tlaib, with support from Reps. Jesús García and Stephen...
OKEx CEO Says Exchange Updating Procedures to Prevent Repeat of Withdrawal Freeze Issue
2.12.2020
Jay Hao pledged in an AMA that his firm has taken steps to ensure that cryptocurrency withdrawals can't again be stuck by the absence of a key holder
Visa May Issue USDC Credit Card After Adding Circle to ‘Fast Track’ Program
2.12.2020
Visa Wednesday announced it’s linking its payments network of 60 million merchants to the U.S. Dollar Coin (USDC) digital currency developed by Circle Internet Financial on the ethereum blockchain. This story is developing and will be updated when more information is available. Read...
Russia’s Biggest Bank Sberbank Unveils Crypto Plans to Follow Upcoming Regulation
2.12.2020
The largest bank in Russia, the state-owned Sberbank, has reportedly unveiled its crypto plans as the country is set to begin regulating the industry in January. Sberbank’s CEO says the bank may issue its own cryptocurrency in collaboration with JPMorgan. Sberbank’s Crypto Plans...
Privacy Concerns Over Bitcoin Upgrade Taproot Are a ‘Non-Issue,’ Experts Say
1.12.2020
Bitcoin privacy experts are unimpressed with a circulating slideshow-style privacy report that targets upcoming Bitcoin upgrade Taproot
Under-Engineered Responsive Tables
1.12.2020
I first blogged about responsive data tables in 2011. When responsive web design was first becoming a thing, there were little hurdles like data tables that had to be jumped. The nature of <table> elements are that they have something a minimum width depending on the content they contain...
IMF lawyers argue that central banks need reform before they can issue CBDCs
20.11.2020
New and developing research from the International Monetary Fund suggests that central banks around the world need new legal definitions for tokenized currencies
SEC gives OK to social media platform to issue stablecoin without registering as a security
19.11.2020
The letter states the regulatory agency “will not recommend enforcement action” against a platform issuing a digital currency capable of being converted to fiat
Former Bank of Japan exec says Japan will need years to issue digital yen
17.11.2020
A former Bank of Japan official is concerned about a digital yen triggering massive outflows from private bank deposits
World’s Second Biggest Bank to Issue $3B in Bonds Tradable for Bitcoin
11.11.2020
China Construction Bank will issue the debt securities over a blockchain, with trading to be available against bitcoin and U.S. dollars via an exchange partner
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...
PayPal might issue its own cryptocurrency soon, says CoinShares exec
22.10.2020
The CSO of CoinShares thinks that a payments-focused PayPal token could be forthcoming
New Zealand has no imminent plans to issue CBDC, says central bank exec
20.10.2020
Important questions about CBDCs remain unanswered for the Kiwi's central bank
IMF Says CBDCs Have Potential, But Don’t Solve Every Issue
19.10.2020
Countries might benefit from issuing central bank digital currencies, but they’re not a panacea for every ailment, a new IMF report says
The NSC Labels Blockchain a National Security Issue
17.10.2020
On the weekly recap, NLW looks at growth in institutional investment, big interest among the G20 in CBDCs and a new National Security Council report
Algorand’s new accelerator program in Europe to issue grants up to $500K
15.10.2020
Algorand taps Europe as the second region for its blockchain accelerator program after Asia
Japan must amend central bank laws to issue digital yen, says official
12.10.2020
Japan is getting more serious about the digital yen
NFT Craftiness: Mint a Non-Fungible Token Art Collectible in Less Than 15 Minutes
11.10.2020
In the last few months the non-fungible token (NFT) art space has exploded and data shows that there’s been over 4.9 million sales worth well over $128 million to-date. This week I decided to create an Ethereum-based NFT leveraging the application rarible.com, in order to show our readers...
97% of People Consulted by UK Financial Regulator Opposed Crypto Derivatives Ban
8.10.2020
The Financial Conduct Authority (FCA) ban on crypto derivatives sales to retail investors has set tongues wagging. It is no mystery. After a consultation process that closed Oct. 3, 2019, with 97% of participants opposed to the prohibition, the U.K. financial regulator still proceeded to issue...
DeFi Project Xfinance(XFI) ILO Presale Sceduled for Sept 10th
7.9.2020
DeFi project – Xfinance announced they will cooperate with LID Protocol and launch XFI ILO presale on the LID presale Dapp, launch date sceduled for September 10th. LID Protocol solves the issue of Uniswap exit scamming by using standardized non-custodial presale smart contracts that lock...