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You Think Crypto Isn’t Ready to Be Money? Consider the Coin Shortage
1.9.2020
If the United States had a digital dollar, we wouldn't need to worry about a lack of coins at retailers like Target and Kroger
Government of Bermuda Pilots Stimulus Token in Response to COVID Crisis
1.9.2020
Bermuda is looking to speed up the distribution of financial aid to its citizens and has begun trialing a digital stimulus token
HSBC and Singapore Exchange Execute Successful $300M Digital Bond Issuance
1.9.2020
Corporate bonds from Olam International – a major commodities supplier – were issued on SGX's digital asset platform
Venezuela’s Bitcoin Use Soars Amid Hyperinflation: 3rd on Global Crypto Adoption Index
31.8.2020
Venezuelans have become increasingly interested in cryptocurrency as their country faces dire economic crisis and hyperinflation, a new study by blockchain data analytics firm Chainalysis shows. The firm’s Global Crypto Adoption Index ranks Venezuela third as “The country has reached...
South Korea’s Central Bank Starts Technical Phase for Digital Currency Ahead of 2021 Pilot
31.8.2020
The Bank of Korea is seeking a partner to help develop the architecture for a potential central bank digital currency
Nigerian Crypto Startup Yellow Card Raises $1.5 Million For Expansion in Africa
31.8.2020
Yellow Card has raised $1.5 million in a seed round. The Nigerian crypto startup said it will use the money to expand its operations in Africa while making it easier for people on the continent to buy and sell digital assets. Investors in the new round include Polychain, venture capital firm...
Major Chinese Bank Launches Central Bank Digital Currency Wallet Briefly
29.8.2020
One of China’s biggest banks recently opened up registration for wallets using the country’s central bank-backed digital currency. There are four levels of the wallet, according to reports. However, the bank took the offer down a few hours later. China’s Digital Currency Wallet...
Chinese Bank Disables Digital Yuan Wallet After Soft Launch Draws Wide Attention
29.8.2020
China Construction Bank had quietly opened up the wallet service of China's digital yuan to public users – but has now disabled it shortly after the feature gained wide attention
The Anxiety Index: 4 Fear Factors Shaping the Economy
28.8.2020
From COVID-19 relapses to election insecurity, these factors drive defensiveness up and demand down
Digital yuan doesn't pose a threat to the hegemony of the dollar, says expert
28.8.2020
Foreign investors still doubt the PBoC's policies when it comes to the RMB exchange rate
Bitcoin Slips in Latest Crypto Ranking by Chinese Government-Backed Center
28.8.2020
China’s Center for Information and Industry Development has revised its rankings of 37 crypto projects. Bitcoin has fallen from the previous ranking. As the Chinese government focuses on launching its central bank digital currency, the Center for Information and Industry Development (CCID)...
Digital Yuan Will 'Hardly Put a Dent' in USD Dominance, Says Expert
28.8.2020
China’s forthcoming digital yuan rollout will not pose a threat to American dollar dominance, says a leading economist – although the Middle Kingdom has already “leapfrogged” the West when it comes to digital payment infrastructure and innovation.
In an opinion piece published by Project Syndicate...
Digital Currency Group Pledges $100 Million to Bolster Bitcoin Mining Industry
28.8.2020
The firm Digital Currency Group (DCG) is entering the mining industry, as the firm has pledged $100 million into a cryptocurrency mining firm called Foundry. The mining company Foundry was noiselessly founded in 2019 and it aims to offer capital, consulting, and intelligence to digital assets...
Visa exec says buy Bitcoin as dollar index nears $12.5K BTC trigger
28.8.2020
A key bull trigger for Bitcoin reemerges as even a Visa executive pours scorn on the Fed and calls on consumers to “opt out with Bitcoin.”
As Gold Prices Soar, Two Gold-Backed Tokens See Increased Demand Fetching Premiums
28.8.2020
The last few months have bolstered the price of the precious metal gold as governments worldwide have created tremendous amounts of debt and inflation. For instance, the value of gold per ounce jumped over $2k during the first week of August. Meanwhile, similarly to the physical counterparts,...
Voyager to Pay Interest on DeFi Tokens to Gain Brokerage Clients
27.8.2020
Chainlink, Kyber Network and Basic Attention Token bring Voyager's interest program to 17
US in 'Terminal Debt Spiral', Might Help Crypto & Digital USD Adoption
27.8.2020
With governments across the world pumping public spending to mitigate the economic impact of the COVID-19 pandemic, 2020 could be a record-breaking year for debt. While this year’s spending extravaganza could tank the value of currencies worldwide and spur a hike in inflation, as stated a recent...
DEC777 Decentralized Exchange – The Last Resort for the People Who Lost Trust in Centralized Exchange
27.8.2020
Why do we have to store our digital assets with hesitation? We’ve lost trust in many scam exchanges such as Wex, BITPoint…Maybe this is the right time to look for an exchange that doesn’t need us to deposit to trade. DEC77 is an outstanding decentralized exchange built...
New SEC Filing Shows Fidelity Preparing to Launch Bitcoin Fund
27.8.2020
The U.S. Securities and Exchange Commission (SEC) has published a new filing for a bitcoin fund, submitted by Fidelity Investments’ head of strategy and planning. Bitcoin Index Fund Filed With SEC The SEC published Wednesday a Notice of Exempt Offering of Securities (Form D) filing for a...
Switzerland’s top online retailer completes transaction with digital franc
27.8.2020
The first regulated stablecoin in Switzerland is entering e-commerce