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Nalezeno "Stablecoins": 1873

ECB: Stablecoins Could be Rendered Useless by Financial Institutions


Euro symbol in front of the European Central Bank in Frankfurt, Germany. If financial institutions were to use DLT (distributed ledger technology) to record traditional assets, such as commercial bank money and regulated electronic money, stablecoins could be rendered redundant, claims the paper...

The New Bitcoin Banks Are Here


A new age of banking is imminent. Legacy models will be forced to follow suit or become obsolete in the eyes of value holders worldwide, as new bitcoin and crypto services take over, seeking to implement blockchain systems with an eye on convenience and financial inclusion. Announcements...

Local Gov’t Stablecoins Booming in South Korea


A shining windmill in Ulsan, the seventh-largest city in the country, that is planning to launch its UlsanPay project. Cryptocurrency companies are pariahs in South Korea, where initial coin offerings and direct investment remain banned. But blockchain technology, which the government has earmarked...

Russian Manufacturers Want to Sell Arms ‘using BTC or Stablecoins’


Soyuzmash, a body of Russian military and civilian vehicle makers wants the country’s Central Bank to grant it permission to accept cryptocurrency payments in international arms deals – as an attempt to circumvent sanctions. Soyuzmash’s proposal has the backing of the parliament’s defense...

How US Congress Can Make Stablecoins and Libra Irrelevant


Source: iStock/Uko_Jesita It is well-known by now that U.S. lawmakers and now even members of President Trump’s cabinet are highly skeptical about Facebook’s proposed Libra stablecoin. And although regulators and governments in parts of the world have tried their best to control digital tokens...

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