Stablecoin growth could affect credit markets, rating agency warns
Fitch notes potential asset contagion risks posed by stablecoins could lead to tighter regulations for the industry. Go to Source Powered by WPeMatico
DIGIT
Prime Minister of Vietnam Asks Central Bank to Pilot Digital Currency
Pham Minh Chinh, the prime minister of Vietnam, has asked the country’s central bank to conduct a study of cryptocurrency and pilot the implementation of a blockchain-based currency within the next two years. The efforts are part of the Asian country’s new e-government strategy. Cryptocurrency Highlighted in Prime Minister’s Decision Cryptocurrency is one of the … Read more
An even bigger mining difficulty drop? 5 things to watch in Bitcoin this week
Bitcoin may be fresh from its biggest difficulty plunge ever, but estimates warn tat the next may eclipse even that as miners continue to struggle. Go to Source Powered by WPeMatico
Bitcoin Cash Payment Processor Evolves Adding URL Shortener, Paypal API Integration
Prompt.cash, a bitcoin cash noncustodial payment processor, is adding a bunch of interesting functionalities. The payment processor now features a URL shortener that allows users to monetize content on any site on the net. Also, Prompt.cash added Paypal API integrations, making it easier for merchants to test Bitcoin Cash payments seamlessly. Prompt.cash Adds URL Shortener … Read more
Philippine Stock Exchange wants to launch local crypto markets first
The Philippine Stock Exchange is waiting for the local SEC to issue guidelines for crypto trading. Go to Source Powered by WPeMatico
Wyoming legally recognizes first DAO in the United States
Wyoming is further solidifying its position as the most crypto-friendly state in North America. Go to Source Powered by WPeMatico
EY Releases Nightfall 3 — Protocol Aims to Bolster Private and Affordable Ethereum Transfers
EY, the multinational professional services network commonly known as Ernst & Young, has announced the company has contributed a set of tools for privately managing transactions on the Ethereum network. EY’s global media relations executive Joanna Hardy explained on Thursday how the company’s protocol helps ethereum transaction fees become more affordable and it enables the … Read more
Aave to launch permissioned deployment for institutions in July
In response to “extensive demand from various institutions,” Aave’s permissioned deployment will go live this month. Go to Source Powered by WPeMatico
Feds Sell Seized Bitcoin From 2018 for $19 Million
The U.S. has sold about 500 bitcoins seized back in 2018 for about $19.2 million. This was reportedly the largest net forfeiture in the Northern District of Ohio’s history. Federal authorities in the U.S. state of Ohio have sold bitcoins seized back in 2018 in a fraud case. The seized bitcoins were sold for nearly … Read more
US SEC Commissioner Says Bitcoin ETF Approval Long Overdue
SEC Commissioner Hester Peirce says that the regulator should have approved a bitcoin exchange-traded fund (ETF) in the U.S. a long time ago. She emphasized that it is not the SEC’s job to approve or reject applications based on the merits of the underlying investment itself. “People should make their own decisions” whether to buy … Read more
