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Introducing Wallex Custody, The Custodian Of The New Digital Era
15.6.2020
Sweden, June 15 – In a decisive move to adapt to the new normal concept of everyday living caused by the COVID-19 Pandemic, Wallex is taking its custodian role to unprecedented new heights to accompany its clients in safeguarding their traditional and digital assets from uncertainties and...
Korea’s Central Bank Forms Legal Panel to Advise on Possible Digital Currency Launch
15.6.2020
The Bank of Korea has set up a legal panel to advise on possible regulatory sticking points for a future CBDC issuance
Market Update: Bitcoin World Reserve Theories, Market Cap Loses $16B, Analyst Predicts $7,500 ETH
15.6.2020
Digital currency markets are down on Sunday evening roughly 2.14% as global trade volume has slid by 31% this weekend. Coins like ethereum, bitcoin, litecoin, and bitcoin cash are all down between 1-2% in the last 24 hours. Crypto Assets Shed $16 Billion in Two Days At the time of publication,...
Bitcoin-Friendly Top US Banking Regulator Aims to Solve Banks’ Problems With Decentralization
14.6.2020
The new top banking regulator for the Trump administration sees “huge and great promise” in cryptocurrency. Focusing on decentralized networks, bitcoin, and rewriting existing regulations, he shares his views on cryptocurrency and the creation of the digital dollar. Top US Banking...
Bitcoin and Black America: A Digital Uprising
14.6.2020
A protest at the Los Angeles City Hall in June. Source: Twitter, @callmethebear
In 2014, several surveys found that African Americans were less likely to know about and use Bitcoin (BTC). However, in 2020, a Coinbase study found that African Americans are now much more interested in and trustful...
Cryptocurrency News From Japan: June 7 - June 13 in Review
13.6.2020
Japan's minister of finance questioned crypto terminology, a company joined the Japan Security Token Association and more headlined news from Japan this past week
JPMorgan: Bitcoin’s Market Structure More Resilient Than Currencies, Equities, Treasuries and Gold
13.6.2020
JPMorgan’s strategists have reportedly found bitcoin’s market structure to be more resilient than those of currencies, equities, Treasuries, and gold. In a new report on bitcoin’s stress test, JPMorgan wrote that cryptocurrencies have “longevity as an asset class.”...
China’s Government Fuels Stablecoin Economy: Hong Kong Protesters, Singapore and Mainland Residents Flee Capital Controls
13.6.2020
A recent study published by Amun researcher, Eliézer Ndinga, shows that USD-pegged stablecoins are being leveraged in Hong Kong as “vehicles for capital control flight.” The report shows how individuals from mainland China, Singapore, and Hong Kong are moving their capital out...
Record-breaking 5-day Online Business And Tech Digital Summit 2020 Breaks in on July 6
13.6.2020
On July 6-10, the record-breaking 5-day online conference, in the field of blockchain technologies and business, Digital Summit 2020 with more than 30 international speakers will unite at least 25000 participants from Europe, Asia, the USA, and other regions in an immersive discussion of...
Wilshire Phoenix Files With SEC for Publicly Traded Bitcoin-Backed Fund
12.6.2020
Investment firm Wilshire Phoenix just filed with the SEC for a tradeable Bitcoin fund similar to the Grayscale Bitcoin Trust
US Financial Services Committee Hearing Discussed the Creation of a ‘Digital Dollar’
12.6.2020
On June 11, 2020, the United States Congress Financial Services Committee held a remote hearing about the creation of a “digital dollar.” A number of well known individuals participated including the former Chairman of the U.S. Commodity Futures Trading Commission, Christopher...
Digital Dollar? Get Real, Financial Inclusion Advocates Tell Congress
12.6.2020
Currently just a flashy idea, the digital dollar is competing with duller but proven methods for the job of getting stimulus funds to every U.S. resident
Father of JOBS Act: US Digital Dollar is Inevitable, No One Wants Chinese Currency
12.6.2020
Father of the JOBS Act does not believe there will be any demand for the Chinese digital currency
Congressman Calls Digital Dollar Hearing 'Encouraging,' but Look Out for Privacy
12.6.2020
Congressman Warren Davidson recaps yesterday’s hearing on the digital dollar, which seemed to reach new consensus across party lines — but the devil is in the details
Blockchain Bites: Designing Digital Dollars and Following the Quadriga Trail
12.6.2020
The Ontario Securities Commission says QuadrigaCX, an infamous Canadian exchange, was a Ponzi scheme, while the National Science Foundation is issuing a grant to design a national digital currency
Belarusian Banks to Issue Digital Tokens in Central Bank Pilot
12.6.2020
Belarus’ central bank will allow 12 commercial and state-owned banks to launch tokens and conduct business using their digital offerings in an ambitious new pilot.
The central National Bank’s plans, per Sputnik Belarus, will involve a pilot that will run from January 1, 2021, to January 1, 2024...
Crypto Hedge Fund Managers: Ether More Like ‘Digital Tungsten’
12.6.2020
According to Exponential Investments crypto fund managers, Ether is digital tungsten to Bitcoin's gold
National Science Foundation Funds Research Into Crypto Dollars
12.6.2020
The National Science Foundation has given blockchain startup KRNC $225,000 to design cryptocurrency features for the U.S. dollar
Bitpay Reveals Crypto-to-Fiat Prepaid Mastercard, Firm’s Flagship Visa Card Ends in December
12.6.2020
On June 11, 2020, the cryptocurrency payment services provider, Bitpay announced the firm is launching a prepaid Mastercard that can be loaded with a variety of digital assets. The Atlanta-based company says the card can be spent anywhere Mastercard is accepted and users can “instantly...
Non-Monetary Bitcoin Use Cases: Virtual Power Plants & Digital Identities
11.6.2020
Visualization by Layer1. Bitcoin (BTC) is proving to be not only a monetary technology, as entrepreneurs find new applications in an increasing number of areas. This week, Brandon Arvanaghi, Layer1 Technologies Chief Security Officer (CSO), explained how Bitcoin is used to stabilize electrical...