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Crypto Mastercard, French CBDC Experiment, Fake Digital Yuan + More News
20.7.2020
Source: Adobe/Игорь Головнёв
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Payments news
Payments giant Mastercard has granted London-based digital payments firm Wirex principal membership...
French Central Bank Picks Accenture, HSBC and Others for Digital Euro Pilot
20.7.2020
The central bank of France is about to start several experimental trials centering the digital euro
Japanese Financial Giant MUFG to Launch Digital Currency in 2020
20.7.2020
The world's fifth largest bank is set to go ahead with a digital currency launch in collaboration with Indeed.com parent firm Recruit Group
Wirex Approved to Issue Mastercard-Backed Bitcoin Debit Cards
20.7.2020
Mastercard said Monday it had granted Wirex principal membership status, becoming the “first” native cryptocurrency outfit to do so. The membership allows Wirex, a London-based digital payments firm, to issue payment cards directly to consumers, making it easier for people to buy, hold...
Japanese Central Bank Creates Digital Currency Unit – Led by Satoshi!
20.7.2020
Source: Adobe/Юрий Дьяконов
The central Bank of Japan (BoJ) has created a "Digital Currency Unit” as the nation heads toward a tentative central bank digital currency (CBDC) launch – and it’s being headed by a man named Satoshi.
Per Reuters Japan, the BoJ has officially opened a specialized...
Bank of Japan Forms New Team to Explore Central Bank Digital Currency
20.7.2020
The Bank of Japan is warming to digital currencies and now has a team dedicated to researching a possible digital yen
Digital Yuan CBDC Momentum Grows as More Chinese Firms Get to Testing
19.7.2020
As the development of the digital yuan project progresses, the number of China’s largest companies testing the national cryptocurrency is rapidly growing
$6M Worth of Tether on the Bitcoin Cash Chain Highlights the Benefits of SLP Tokens
19.7.2020
During the first week of July, crypto supporters noticed that Tether issued 1,010 stablecoins via the Simple Ledger Protocol (SLP) framework on Bitcoin Cash. Now there’s a much larger amount of SLP-based tethers in circulation as the company has minted a total of 6 million on the Bitcoin Cash...
Grayscale Says Bitcoin ETF Only a Matter of Time
17.7.2020
Grayscale’s managing director talks inevitability of a Bitcoin exchange-traded fund, or ETF
‘Wonder Woman’ Illustrator and British Artist Terry Flaxton to Sell Ethereum-Backed Art
17.7.2020
The non-fungible token (NFT) and blockchain-backed collectible economy continue to see demand and the digital art market Makerplace has seen enormous growth recently. A number of well known artists have started to participate, as work from the acclaimed comic book illustrator Jose Delbo and...
Lenovo Distances Itself from ‘Digital Currency’ Claims + More News
17.7.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Investment news
Legend Holdings, the owner of the Lenovo Group, has issued a statement denying it has made any “digital currency” or “blockchain”...
Thailand Already Using Central Bank’s Digital Currency
17.7.2020
Thailand's digital currency is backed by the central bank’s foreign currency reserves, which have grown by $25 billion over the past 12 months
Bank of Thailand Enters Third Phase of CBDC Development; Now “Using CBDC with Big Businesses”
17.7.2020
The Bank of Thailand (BOT) announced Wednesday that is has entered third-phase development of its central bank digital currency (CBDC). BOT is planning to expand the use of the CBDC among large businesses. The report by The Nation of Thailand quotes Vachira Arromdee, BOT assistant governor saying...
AI-Blockchain Platform Creates Digital Assets From Personal Data
17.7.2020
KNEO is a new platform for connected edge AI devices through blockchain technology, creating secure private networks which harvest data as digital assets
Japan Should Urge US to Hurry Up With Digital Dollar Says Fisco Exec.
17.7.2020
Japan may need to rely on the United States to have some influence over the development of digital currencies
On dependency
17.7.2020
Rob Weychert:
But I can’t host your site or even my own site. I didn’t build the CMS. Other people made the hardware and software I use to generate and optimize images. Other people made the fonts. Other people standardized the digital formats for those images and fonts. I didn’t write the HTML...
Abra CEO Agrees With Bitcoin's Role as Digital Gold
16.7.2020
Abra CEO and founder Bill Barhydt said he sees Bitcoin as a store of value, increasingly distancing itself from mainstream market price correlation
Bank of Thailand Progresses With Digital Baht Tests Before Public Launch
16.7.2020
The Bank of Thailand is looking to test the digital baht with Hong Kong’s central bank after piloting the CBDC with large businesses
Market Outlook: Crypto Economy Sheds $10B Overnight, Exchange Inflow and Sell Pressure Rises
16.7.2020
The overall market capitalization of all 5,700+ cryptocurrencies in existence lost around $10 billion during the overnight trading sessions. Most crypto assets have lost 2-5% in value during the last 12 hours, and a number of speculators blame the recent Twitter hack. The price of bitcoin (BTC)...
Cypherium CEO Predicts CBDC Cross-Border Payments ‘Soon’
16.7.2020
Cypherium’s founder predicts that adoption of CBDCs for cross border payments will happen sooner than expected