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Indian Finance Minister Answers Crypto Questions at IMF Meeting
21.10.2019
At an IMF and World Bank meeting, Indian Finance Minister Nirmala Sitharaman talked about cryptocurrency and stablecoins when asked about Facebook’s Libra digital currency project. RBI Governor Shaktikanta Das also addressed the subject at the conference. Also read: Indian Supreme Court...
JP Morgan CEO Says Facebook’s Crypto Project Libra “Will Never Happen”
21.10.2019
Jamie Dimon, CEO of JP Morgan Chase, has voiced his opinions on Facebook’s ambitious and much-talked-about digital currency project Libra. In Dimon’s words, Facebook’s digital currency project Libra is a neat idea that will never happen. He, however, refrained from elaborating on the reasons behind...
Traditional Law and Finance Can Adapt to Bitcoin, These Examples Show
20.10.2019
Bitcoin brought about solutions to persistent problems that stood in the way of previous attempts to invent digital money, such as the risk of double spending. Some of its features, however, like the characteristic irreversibility of blockchain transactions, have created certain challenges for...
Market Outlook: Crypto Prices Hold Steady but Face a Crucial Turning Point
20.10.2019
After sitting around $257 billion, the cryptocurrency market lost $35 billion in less than 30 minutes on September 24. Since then, many digital assets have found new support, but bears have started to claw away at these areas. Most cryptocurrencies are testing their weekly support trendline that...
‘No-Deal Brexit Huge Positive for UK Cryptocurrency’ – How Brexit Could Affect the Industry
20.10.2019
British lawmakers have voted to postpone a crucial Brexit vote and forced Prime Minister Boris Johnson to ask the EU for an extension. News.Bitcoin.com talked to the CEO of a local crypto exchange to find out the effects a no-deal Brexit could have on the crypto industry. Also read: SEC Wants...
Fed Research Considers Negative Interest Rates Effective Policy Tool
20.10.2019
A research paper published by the Federal Reserve Bank of San Francisco shows how negative interest rates could become an important policy tool for fighting future economic downturns. The paper examines the market response to the introduction of negative interest rates by five major central banks....
Circle Drops Poloniex Leaving US Crypto Traders High and Dry
19.10.2019
According to a blog post published by Circle, the cryptocurrency firm is releasing its subsidiary exchange Poloniex which is now owned by an “Asian investment group.” The trading platform will become an independent company called Polo Digital Assets, Ltd., and after November 1, 2019...
Fidelity Digital Assets Opens to All Qualified Investors
19.10.2019
Fidelity Digital Asset Services is rolling out its custody and trading platform to all qualified clients, after initially expecting it to launch in March
Fidelity Digital Assets’ Testing Opens to More Qualified Investors
19.10.2019
Fidelity Digital Asset Services is rolling out its custody and trading platform to more qualified clients
Ethereum Name Service Adds Infrastructure for Multi-Currency Support
18.10.2019
On October 16, the Ethereum Name Service (ENS) announced multi-currency support and integration with 15 platforms and wallets. The fusion will provide users with the ability to use a single ENS name across a wide spectrum of crypto applications alongside leveraging a variety of digital assets. Also...
UK-Based Digital Exchange to Use R3’s Corda for Post-Trade Processes
18.10.2019
A U.K.-based digital exchange will use blockchain software firm R3’s Corda technology for its post-trade processes
CME Bitcoin Futures Sees Institutional Interest and Demand from Asia
18.10.2019
Global markets business CME Group said that institutional interest toward the firm’s Bitcoin futures is thriving and 2019’s third-quarter data showed a record number of open interest. Moreover, despite the lackluster start, the Intercontinental Exchange’s (ICE) Bakkt platform...
Users of UltrAlpha Digital Asset Management Platform Get Long/Short Trading Strategy From Algoz
18.10.2019
Users of the UltrAlpha digital asset management services woke up to great news on Thursday as algorithm-based trading platform Algoz announced that it would be offering a long/short trading strategy to UltrAlpha customers. As per the announcement, UltrAlpha users will get access to services...
Digital Securities Exchange Taps R3’s Blockchain for Post-Trade Activities
18.10.2019
U.K.-based Archax has inked a deal to use R3's Corda Enterprise to handle post-trade processes for its digital securities exchange
SEC Wants Second Look at Bitwise Bitcoin ETF Proposal
18.10.2019
The U.S. Securities and Exchange Commission (SEC) is reviewing its order issued last week pertaining to a rejected proposal for a bitcoin exchange-traded fund (ETF). The proposal was filed by NYSE Arca for the Bitwise Bitcoin ETF Trust. Meanwhile, the SEC is also evaluating a proposed rule change...
Cambodia’s Central Bank Testing Digital Wallet to Ease Cross Border Payments
18.10.2019
Cambodia’s Central Bank wants to slash the cost of cross-border payments and is studying how its Bakong digital wallet might help
Facebook Warns that China May ‘Rewire the World’ with the Digital Yuan
18.10.2019
Facebook’s blockchain chief David Marcus has warned Washington that stopping the launch of Libra will open the door for China to steal a key advantage in the world of digital currencies.
Marcus stated, per Bloomberg,
“The future in five years, if we don’t have a good answer, is basically China...
Report: Canada Exploring Digital Currency to Track People’s Spending Habits
17.10.2019
The Bank of Canada explores CBDC to help fight the direct threat of cryptocurrencies
French Finance Minister Warns He ‘Cannot Countenance’ Facebook’s Libra
17.10.2019
France: government minister attacks Facebook’s Libra once again
Bitcoin ATM in Miami Airport Raises Questions About Traveling With Crypto
17.10.2019
Miami based bitcoin ATM maker Bitstop has recently installed Miami International Airport’s first crypto ATM, according to a press release issued October 15. The installation adds to the 106 machines the company has already placed across the U.S. Further, it raises important questions about...