IBM Backs the Development of Latest New Stablecoin, Stronghold USD

IBM Backs the Development of Latest New Stablecoin, Stronghold USDIt seems like a new alternative for Tether (USDT) pops up at least once a week recently. And the latest stablecoin to hit the market involves an interesting supporter, computer technology giant IBM. Stronghold USD is said to be backed one-to-one by fiat US dollars held at the company’s partner bank, Prime Trust. Also Read: […]

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PBOC Plans to Continue “Rectifying Cryptocurrency Activity” in China

PBOC Plans to Continue "Rectifying Cryptocurrency Activity" in ChinaLast year the Chinese government cracked down on initial coin offerings (ICO) and stopped all domestic cryptocurrency exchanges from dealing with the renminbi. According to local reports and the central bank’s recent ‘2018 agenda,’ the People’s Bank of China aims to finish what it started in 2017 by “rectifying” all virtual currency operations, introducing new […]

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