The ‘central bank of central banks’ is building a CBDC settlement platform
The Bank of International Settlements has outlined plans to embark on a variety of CBDC trials worldwide this year. Go to Source Powered by WPeMatico
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More institutions will warm up to crypto once market cap hits $2T: eToro
“Only by widening the playing field and facilitating more participation will crypto reach and maintain a market cap of $2 trillion and beyond.” Go to Source Powered by WPeMatico
Ripple pins hopes on Biden administration as co-founder sells 28.6M XRP
General counsel for Ripple Stu Alderoty predicted Joe Biden’s administration would likely “help level the playing field” for crypto. Go to Source Powered by WPeMatico
Bitstamp imposes KYC for Dutch traders withdrawing to external wallets
To comply with Dutch regulations, Netherlands-based Bitstamp users can no longer make withdrawals without first providing photographic proof they own the recipient wallet. Go to Source Powered by WPeMatico
CoinShares to launch $200m Bitcoin ETP on Swiss stock exchange
CoinShares’ CSO says the firm is “starting 2021 off with a bang” by launching a $200 million physically-backed Bitcoin ETP on Switzerland’s SIX exchange. Go to Source Powered by WPeMatico
Former Ripple CTO may have lost much more than $220M in Bitcoin
Current CTO David Schwartz claims Stefan Thomas created hundreds of accounts with 1.0 BTC “because that was the fastest and easiest number to type” for his experiments. Go to Source Powered by WPeMatico
Strategist: Bitcoin more likely to be successful ‘in the long run’ than Ethereum
Lyn Alden likens Ethereum to the Concorde aircraft: functional, but not “an economically sustainable project.” Go to Source Powered by WPeMatico
Coinbase users can now report their crypto taxes using CoinTracker
Filing 2020 taxes may be slightly less complicated for Coinbase users than it was before. Go to Source Powered by WPeMatico
Ledger owners report chilling threats after 20K more records leaked
“Are you able to imagine all the possible consequences that can occur to you and your loved ones?” said the scammer. Go to Source Powered by WPeMatico
Bitcoin payments are the ‘second stupidest idea I’ve heard,’ says Late Show’s Stephen Colbert
But to be fair, they’re a long way behind remote-controlled junk cages. Go to Source Powered by WPeMatico