Tag: stablecoin

Jan 19 2021

The Overregulation of Stablecoins

A look at the STABLE ACT and its impact upon a burgeoning market

Jan 15 2021

Fed Chairman Believes There Are Unresolved Questions around CBDCs

Jerome Powell said that the central bank will take years before the launch of a digital currency.

Jan 06 2021

United States OCC Approves Stablecoin Use by Banks

More great news rocks the crypto and blockchain space. This time around, the U.S. Office of the Comptroller of the Currency has greenlighted banks to carry out payments using stablecoins. The United States OCC made this announcement in an interpretive letter published on Monday, January 4, 2021. The letter further disclosed that banks can also now make use of public...

Jan 05 2021

Digital Yuan to Get Second Real World Trial in Shenzhen

Reading Time: 2 minutes Residents in Shenzhen, China will have another chance to participate in a digital yuan trial The government is airdropping 20 million yuan ($3 million) between 100,000 residents for a second real world test This second test is a follow up to the...

Jan 02 2021

[Updated] BlockFi Review: Is BlockFi Safe, Legit, and Worth Your Time?

Jan 02 2021 Published at CoinCentral under tags  bitcoin blockfi ethereum gemini guides

With a 6% APY on BTC and 8.6% on stablecoins, the BlockFi Interest Account seems like a ray of sunshine for digital asset holders that have grown used to having their holdings slosh around with market volatility. Let's explore in our BlockFi review. The BlockFi Interest Account: It allows users to earn competitive...

Dec 29 2020

Spanish City Lebrija Introduces Cryptocurrency Elio

The City in the Spanish province of Sevilla launched its cryptocurrency to facilitate local transactions during COVID-19.

Dec 24 2020

Donald Trump’s Working Group on Financial Markets Evaluates Stablecoins

The Presidential Advisory Group shows commitment to regulate stable digital assets.

Dec 22 2020

How ‘CBDC’ Became the Financial Watchword of 2020

Reading Time: 2 minutes The term ‘CBDC’ was largely unknown before 2020, but that is no longer the case Governments across the world have been investigating the concept this year, with some even implementing them Facebook’s Libra token and the coronavirus have propelled...

Dec 20 2020

[Updated] BlockFi Review: Is BlockFi Safe, Legit, and Worth Your Time?

Dec 20 2020 Published at CoinCentral under tags  bitcoin blockfi ethereum gemini guides

With a 6% APY on BTC and 8.6% on stablecoins, the BlockFi Interest Account seems like a ray of sunshine for digital asset holders that have grown used to having their holdings slosh around with market volatility. Let's explore in our BlockFi review. The BlockFi Interest Account: It allows users to earn competitive...

Dec 15 2020

[Updated] BlockFi Review: Is BlockFi Safe, Legit, and Worth Your Time?

Dec 15 2020 Published at CoinCentral under tags  bitcoin blockfi ethereum gemini guides

With a 6% APY on BTC and 8.6% on stablecoins, the BlockFi Interest Account seems like a ray of sunshine for digital asset holders that have grown used to having their holdings slosh around with market volatility. Let's explore in our BlockFi review. The BlockFi Interest Account: It allows users to earn competitive...

Zytara Ties with Prime Trust to Launch USD-Pegged Stablecoin

Zytara, a fintech company that recently came out of stealth mode, has announced the launch of the Zytara dollar - a stablecoin called ZUSD. Having partnered with Prime Trust, a platform that enables payments, custody and settlement of cryptocurrencies, Zytara plans to provide an easy payment solution for gamers and esports enthusiasts around the globe. …...

Kadena Onboards Celo’s Dollar Stablecoin, Plots January Launch for Decentralized Exchange

Dec 15 2020 Published at CoinDesk under tags  dexs kadena news stablecoin

The hybrid blockchain maker said it is collaborating with fintech firm Celo to on-board its stablecoin, cUSD, to Kadena’s platform using a trustless bridge.

Dec 10 2020

German Bank Introduces First Euro Stablecoin

Bankhaus von der Heydt partnered with Bitbond to issue EURB stablecoin on the Stellar Network.

Dec 07 2020

Standard Chartered CEO Bill Winters Signals A Digital Currency Debut

Dec 07 2020 Published at Coingape under tags  altcoin news blockchain btcbusd btceur btcgbp

Bill Winters, the CEO of Standard Chartered was at the Singapore Fintech Festival where he...

Dec 03 2020

Visa Embraces USDC as U.S. Congressional Officials Take Aim at Stablecoins

Dec 03 2020 Published at Blockonomi under tags  ethereum finance fintech stablecoin usdc

U.S. card payments giant Visa is among the most influential and far-reaching companies in the world. Circle's USDC is among the most popular stablecoin projects in Ethereum's booming decentralized finance ecosystem. Take note, then, because the two entities are partnering up to bring USDC payments into Visa's sprawling network of +60 million merchants. Announced Wednesday, [...] The post Visa Embraces USDC as U.S....

US Congressmen Propose a New Bill to Protect Customers from Cryptocurrency-Related Financial Threats

Congresswoman Rashida Tlaib, in association with congressmen Jesús García and Chairman of Task Force on Financial Technology Rep. Stephen Lynch, proposed a draft bill that tries to defend customers from cryptocurrency-related financial threats....

Nov 30 2020

What Will Facebook’s Libra Look Like When it Launches?

Reading Time: 2 minutes Facebook’s Libra token could be set for a January launch, 18 months after its announcement The new coin could be vastly different from the original concept The new Libra may be backed only by the dollar as opposed to a basket of currencies...

Nov 27 2020

Facebook Libra Could Launch As Soon As January, Amidst Bitcoin Resurgence

Nov 27 2020 Published at Bitcoinist.com under tags  bitcoin btc btcusd btcusdt crypto

Bitcoin and cryptocurrencies are once again a hot topic, being discussed across the broader financial space the most since Facebook's Libra cryptocurrency was first announced. On the heels of the recent resurgence in the crypto market, rumors suggest that Facebook could be ready to launch Libra as early as January 2021. What sort of impact would its launch have amidst the recent Bitcoin...

Nov 20 2020

[Updated] BlockFi Review: Is BlockFi Safe, Legit, and Worth Your Time?

Nov 20 2020 Published at CoinCentral under tags  bitcoin blockfi ethereum gemini guides

With a 6% APY on BTC and 8.6% on stablecoins, the BlockFi Interest Account seems like a ray of sunshine for digital asset holders that have grown used to having their holdings slosh around with market volatility. Let's explore in our BlockFi review. The BlockFi Interest Account: It allows users to earn competitive...

Nov 17 2020

Everything You Need to Know About the Looming Battle Over Privacy in Crypto

Nov 17 2020 Published at Unchained Podcast under tags  2020 banks bitcoin blockchain crypto

Jake Chervinsky, general counsel at Compound Labs, and Kristin Smith, executive director of The Blockchain Association, talk about the storm brewing in the cryptosphere involving self-custody and privacy. In this episode, they cover: the differences between hosted and self-hosted wallets and how transactions between them differ...

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