Jack Dorsey: Twitter Has No Interest in Creating Libra-Like Crypto
Twitter and Square CEO Jack Dorsey has no interest in following the example of Facebook’s Libra Go to Source Powered by WPeMatico
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Fed Chair Says Agency Monitoring Crypto But Not Developing Its Own
Federal Reserve Chairman Jerome Powell argued that central banks will not likely release their own digital currency in the near term Go to Source Powered by WPeMatico
Turkish Takasbank Announces Blockchain Platform for Gold Trading
Turkey’s Takasbank has announced the completion of a blockchain-based platform for trading gold Go to Source Powered by WPeMatico
Crypto Banking Regulation Around the World, First Signs of Growth
As crypto banking becomes ever more popular, regulations surrounding these emergent institutions remain unclear. So, how exactly are the crypto banks of the world regulated? Go to Source Powered by WPeMatico
IMF Chief Christine Lagarde Encourages Open Cryptocurrency Regulation
Central banks and regulators should protect consumers while being open to innovation like crypto, says outgoing IMF chief Christine Lagarde Go to Source Powered by WPeMatico
HSBC Completes First Blockchain Letter of Credit Transaction in Yuan
HSBC conducted the first blockchain-based yuan-denominated letter of credit transaction using R3’s Corda-powered Voltron platform Go to Source Powered by WPeMatico
ECB’s Yves Mersch Warns Libra Cryptocurrency Is ‘Facebook’s Siren Call’
Facebook’s Libra stablecoin is “beguiling but treacherous,” according to European Central Bank key legal official Yves Mersch Go to Source Powered by WPeMatico
US Firm Raises $12M for Bank-Focused Blockchain Payments Solution
Trinity Ventures led a $12 million round for Baton Systems’ development of its blockchain solution for bank-to-bank payments Go to Source Powered by WPeMatico
Crypto News From the German-Speaking World: Aug. 24–31 in Review
A roundup of major crypto news of the week from Germany, Switzerland and Austria Go to Source Powered by WPeMatico
Why the Birth of Bitcoin Can Be Traced Back to 1971
The world economy is a complex system that has undergone many different phases in the past century. As strange as it may sound today, there have been times when banking crises were rare, pay was rising alongside productivity, and the U.S. dollar would buy a certain amount of pure gold. Despite its obvious successes in … Read more