Cayman Islands introduce regulations for virtual asset service providers
The notorious tax haven appears to be cleaning up its act on AML and counter terrorist financing ahead of an FATF review. Go to Source Powered by WPeMatico
Month: November 2020
BTC traders caught off guard: 3 reasons Bitcoin dropped 2% in just 1 hour
The price of Bitcoin declined by 2% in under an hour in a sharp correction on Monday, catching traders off guard likely due to three major technical factors. Go to Source Powered by WPeMatico
Google searches for Bitcoin are on the rise in Cuba
Cubans are interested in Bitcoin as other major digital payment options like PayPal are unavailable. Go to Source Powered by WPeMatico
Get ready for US elections: 5 things to watch in Bitcoin this week
Crunch time in the U.S. comes as coronavirus sparks more lockdowns and money printing plans in Europe. Go to Source Powered by WPeMatico
China’s digital yuan pilots have processed $300M so far, says PBoC head
China’s digital yuan pilot program is picking up speed. Go to Source Powered by WPeMatico
Uncollaterized Power: A Makerdao Governance Vote Was Swayed by a Defi Flash Loan
The Makerdao and the stablecoin DAI has been a popular project in the decentralized finance (defi) space and it’s also had its share of problems. This week the project called Bprotocol leveraged a defi flash loan in order to sway a Makerdao governance vote. The development team behind the Maker project aims to make it … Read more
Second Stimulus Checks: When Lawmakers Will Pass Relief Package With Direct Payments to Americans
Negotiations on a new coronavirus aid stimulus package are still underway as Americans wait to receive their second round of stimulus checks. House Speaker Nancy Pelosi, President Donald Trump, and Senate Majority Leader Mitch McConnell have their own ideas of when the next stimulus package with direct payments to Americans will pass. US Lawmakers Push … Read more
Traders apathetic as Huobi launches two new wrapped assets on Ethereum
Ethereum-based traders turn their noses up at Huobi’s latest wrapped assets, including BSV and LTC Go to Source Powered by WPeMatico
Reserve Bank of Australia forms partnerships to research CBDC
The project will “explore if there is a future role for a wholesale CBDC in the Australian payments system,” according to the RBA. Go to Source Powered by WPeMatico
Ripple CTO tries to offer answers for lack of adoption
Community expectations have long been that banks would adopt XRP, but the reality has been disappointing Go to Source Powered by WPeMatico
