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Citigroup Helping World Governments Build Digital Currencies, CEO Says
4.12.2020
Michael Corbat's multinational banking giant has been calling digital currency all but inevitable since 2014
Jack Ma’s Ant Group, Three Other Digital Banks Get OK to Operate in Singapore
4.12.2020
The approved digital banks will be able to start operating from Singapore in early 2022
Russia’s Crypto Community Fears Digital Ruble Plan Means ‘Back to USSR’
4.12.2020
Russian cryptocurrency and blockchain association warns the Bank of Russia against the excess centralization of the digital ruble
US Treasury Wants Regulators to Watch for ‘Potential Risks’ in Digital Asset Innovation
4.12.2020
The department wants state and federal regulators to keep a vigilant watch on digital asset innovation
Swiss National Bank and BIS complete digital currency proofs-of-concept
4.12.2020
The Swiss National Bank and BIS don't want to miss out on possible blockchain-powered benefits for the financial system
Central Bank of Nigeria Governor Decries the Use of Parallel Exchange Rate as Citizens Switch to Crypto
4.12.2020
The governor of the Central Bank of Nigeria (CBN) Godwin Emefiele says the embrace of the parallel market exchange rate by some professionals in that country is unfair and unfortunate. The CBN governor says the parallel foreign exchange market only accounts for a share of the market that does...
Bitcoin a ‘Potential Store of Value’ That’s Very Volatile: Fidelity Digital Assets Head
3.12.2020
Many investors aspire to hold bitcoin as a store of value, but right now the cryptocurrency is very volatile, said the head of Fidelity Digital Assets
Cryptocurrency Indexes Are Set to Launch in 2021 by S&P Dow Jones Indices
3.12.2020
S&P Dow Jones Indices has made it official: they will launch cryptocurrency indexes in 2021, becoming the latest major finance company to make its inception into the digital asset industry. More than 550 of the top traded coins to be included in the indexes As Reuters reported initially...
Though centralized, a digital yuan is too big for China to surveil, says Cypherium CEO
3.12.2020
Despite ambitions of overtaking the dollar, China's central bank will have a hard time monitoring all the transactions involved in a CBDC, though commercial banks might lend a hand
Nexo Launches Buyback Program, Commits Initial $12M
3.12.2020
PRESS RELEASE. Nexo, the leading regulated digital financial institution with over $2 billion in assets under management, today announced the details of its buyback program. The company’s Board of Directors approved an initial repurchase of $12 million of its NEXO Token on an open-market...
What does VCOIN's SEC authorization mean for securities law and crypto?
3.12.2020
The latest in securities law and crypto is not a revolution but it is a step forward
‘If the water's too clean there'll be no fish’: China’s CBDC may hurt Macau’s casinos
3.12.2020
Macau’s gambling industry is reeling amid rumors that the city’s regulator is in talks with casino operators regarding the introduction of China’s digital yuan
‘New rules’ for SEC could follow example set by Wyoming, says Hester Peirce
3.12.2020
“I do think there are some issues that crypto raises that are not neatly solved by our existing securities laws,” said the SEC commissioner
Mining City: A Blueprint for Success?
3.12.2020
“Together we grow!” This is the slogan of Mining City, a company with a solid foundation in the cryptocurrency market. Is this catchphrase a real promise, or an overstated declaration? Let’s find out. Brick by Brick Cryptocurrencies are considered by many as the “gold of...
Multi-utility tokens to enable Web 3.0 by providing more than financial value
2.12.2020
The benefits of utility tokens could soon stretch beyond payment facilitation and governance capabilities
PayPal CEO Sees 'The Entire World' Going 'Digital First' + More News
2.12.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Crypto adoption news
PayPal CEO Dan Schulman said the use of digital currencies is set to go mainstream as more merchants take a "digital...
Project gives away 14M tokens in digital universal basic income experiment
2.12.2020
GoodDollar believes that "digital basic income can work at scale, while effecting positive change on a global level.”
Russian central bank opposes ruble-pegged stablecoins
2.12.2020
Russia wants to follow China’s approach of banning private stablecoins pegged to its national fiat currency
Historian Niall Ferguson Says Bitcoin Is Winning the Covid-19 Monetary Revolution
2.12.2020
Historian and senior fellow with the Hoover Institution at Stanford University, Niall Ferguson says bitcoin is winning the Covid-19 monetary revolution. Hailing the virtual currency as a great place for the rich to store their wealth, Ferguson also notes that the bitcoin’s resilience...
Ruble or Rubble? Russian Institutions Have Concerns About Proposed CBDC
1.12.2020
Russian banks and financial brokers are worried the digital ruble will be a burden for them