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
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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
Crypto News From Brazil and Portugal: Aug. 24-31 in Review
A roundup of major news of the week from Brazil and Portugal Go to Source Powered by WPeMatico
Germany’s Bitwala Launches All-In-One Mobile Bitcoin Bank App
Bitwala launches smartphone banking with integrated Bitcoin wallet and trading for 30 European countries Go to Source Powered by WPeMatico
Report: No Bank Account Needed to Transfer China’s Upcoming CBDC
The upcoming China CBDC will be available to users without bank accounts, says Binance Research Go to Source Powered by WPeMatico
Crypto Lending Platforms Prepare to Assail the Banking System
The battle lines have been drawn and the troops assembled. On the one side stands the combined might of the banking cartels, centuries of deeply entrenched financial infrastructure supporting them. And on the other side stands a handful of crypto companies armed with little more than a passionate plea: “Ditch the legacy system and come … Read more
Stablecoins Vulnerable to Regulatory Uncertainty: European Central Bank
The European Central Bank says stablecoins with clear governance may be hampered by regulation uncertainty Go to Source Powered by WPeMatico
US Banking Giant PNC Starts Using RippleNet for Cross-Border Payments
America’s eighth-largest bank PNC becomes the country’s first to start processing cross-border payments using the RippleNet Go to Source Powered by WPeMatico