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Good Stablecoin Rules in the EU Pave the Way for CBDCs and a Digital Euro
15.8.2020
In the EU, getting laws right on Libra could be the best way to speed up a digital euro from the European Central Bank
US Federal Reserve Reveals Building a Digital Dollar Codebase With MIT
15.8.2020
The U.S. central bank has been working on creating a digital dollar, according to a recently published transcript from Federal Reserve Board Governor Lael Brainard. On Thursday, she told participants attending “San Francisco’s Innovation Office Hours” webcast, that the Fed...
PayPal Co-Founder, DCG-Backed BTC Mining Firm Layer1 Accused of Patent Infringement
15.8.2020
Data center power management firm Lancium filed a lawsuit against Layer1 today, alleging that the BTC mining firm’s operations had infringed upon its patent
Market Update: BTC Inches Toward $12K, ETH Jumps 12%, Report Says LINK May See ‘Rough Waters’
14.8.2020
Digital currency markets have increased significantly in value during the last 24 hours as the market capitalization of all 5,700+ coins is up over 2.4% on Friday. Bitcoin has been inching toward the $12k region again and ethereum touched a high over $442 a coin during the afternoon trading...
Thailand’s Central Bank Eyes DeFi Use Cases for Its Digital Baht
14.8.2020
Thailand’s central bank assesses the chances of bringing centralized and decentralized together
Fed Is In No Rush With Decision on Digital Dollar - Governor
14.8.2020
Lael Brainard. Source: a video screenshot, Youtube, CNBC Television
Following speculations about a potential upcoming digital version of the US dollar, an official with the US Federal Reserve revealed yesterday that the central bank is indeed experimenting with distributed ledger technology (DLT)...
China Set for Huge Expansion of Digital Currency Pilot
14.8.2020
The Chinese central bank is reportedly set to massively expand the scope of its digital yuan pilots – as the nation edges closer to a central bank digital currency (CBDC) issuance.
Per a report from the Wall Street Journal, the nation’s Ministry of Commerce said that the pilot – so far active...
China Expands Digital Yuan Trials to Beijing and Neighboring Provinces
14.8.2020
While there is not yet a set time for the expanded pilot program to begin, a policy framework should be complete by the end of 2020
Boston’s Federal Reserve Bank and MIT to Tackle Digital Currency Research
14.8.2020
Fed Governor Lael Brainard shares updates about the U.S. digital currency initiative and why it is crucial to understand CBDCs
China to Launch Major Expansion of Digital Currency Trials
14.8.2020
China is said to be planning additional testing of its digital yuan across a number of developed regions including Hong Kong
‘Invest In Bitcoin’ Galaxy Digital Ad Tells Financial Times Readers
14.8.2020
‘Now is the time to invest in Bitcoin,’ the full-page ad in UK-based international business newspaper Financial Times states
The Federal Reserve Is Experimenting With a Digital Dollar
13.8.2020
The Federal Reserve is actively investigating the potential impact of a digital dollar, though it has no plans to issue one anytime soon
Fed Reserve Analysts Say Common Digital Currency Distinction ‘Problematic’
13.8.2020
Bitcoin blurs the boundaries of a widely used classification of digital currencies and the distinction should be retired, say Fed experts
Crypto Exchange UpBit Scores Full Deck of Licenses From Thai SEC
13.8.2020
South Korean exchange UpBit received four licenses to operate a digital asset exchange in Thailand
Defi Project Yam Finance Sees Over $500M Locked in 24 Hours, Devs Reveal Contract Bug
13.8.2020
A new yield farming project is all the rage this week, as the Yam Finance project saw over $460 million dollars locked into the platform in 17 hours on Tuesday. On social media and crypto-focused forums, people have been very skeptical of the Yam Finance project as the code has not been audited....
World's Largest Utility Firm to Debut Blockchain-powered Digital ID Platform
13.8.2020
A local branch of the State Grid Corporation of China (SGCC) – the nation’s electricity monopoly and the biggest utilities firm in the world – said that it has developed a blockchain technology-powered digital identity authentication system.
Per Shupeidian, the Anhui Province branch of the SGCC...
Bitcoin and Gold Correlation Reaches Record High 70%, Bolstering BTC’s Store of Value Credentials
12.8.2020
The prices of bitcoin and gold have reached a monthly average correlation of 70%, an all-time-high, according to data analytics firm Skew. The previous peak of just under 60% was reached earlier on in the second quarter of 2020. Skew said the rising correlation supports the idea that bitcoin (BTC)...
Book Review - Decoding Digital: What is Cryptocurrency
12.8.2020
Can learning an industry’s vocabulary help beginners gain a greater understanding of the industry itself?
Building the Infrastructure for the Future Decentralized Financial Market, Coinbase Included HBTC.Com Debut DeFi Project – Nest Protocol
12.8.2020
As the world’s leading regulatory compliant digital asset exchange, Coinbase sets one of the most stringent requirements for digital asset listing which includes technical evaluation of projects, legal and risk analysis, market supply and demand analysis, and crypto-economics. Coinbase holds...
Hong Kong’s Greater Bay Area to Launch China’s Digital Yuan
12.8.2020
China’s CBDC is on its way to Hong Kong