A look at the STABLE ACT and its impact upon a burgeoning market
Jerome Powell said that the central bank will take years before the launch of a digital currency.
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...
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...
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...
The City in the Spanish province of Sevilla launched its cryptocurrency to facilitate local transactions during COVID-19.
The Presidential Advisory Group shows commitment to regulate stable digital assets.
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...
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...
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, 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. …...
Bankhaus von der Heydt partnered with Bitbond to issue EURB stablecoin on the Stellar Network.
Bill Winters, the CEO of Standard Chartered was at the Singapore Fintech Festival where he...
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....
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....
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...
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...
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...
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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