China’s Central Bank Developing Own Digital Currency in Response to Libra
The Chinese central bank is developing its own digital currency in response to Facebook’s forthcoming Libra stablecoin Go to Source Powered by WPeMatico
Cryptocurrencies
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Swap and Track BCH on the New Shapeshift Suite for Noncustodial Crypto Management
Shapeshift, the company that allows traders worldwide to exchange hundreds of cryptocurrency pairs launched its new crypto platform that now offers an integrated suite of digital asset management in a noncustodial fashion. The firm believes the latest release offers a true end-to-end solution that aims to bolster free market finance. Also Read: Bitcoin Cash Scaling … Read more
Former Bitmain CEO Opens New Cryptocurrency Startup
The former CEO of Bitmain, Wu Jihan, has launched a new cryptocurrency startup based in Singapore Go to Source Powered by WPeMatico
Trading Bitcoin Is Illegal in Iran, Central Bank Official Warns
Buying and selling bitcoin is prohibited in Iran by a local AML authority, a Central Bank official said Go to Source Powered by WPeMatico
As Deutsche Bank Axes 18,000 Jobs, Bitcoin Offers a Powerful ‘Plan ฿’
Deutsche Bank taking an axe to 18,000 jobs and winding down its investment banking arm paints a bleak picture of traditional finance at a time of booming growth for crypto Go to Source Powered by WPeMatico
Singapore Wants to Drop VAT for Transacting in Cryptocurrencies
Singapore plans to exempt cryptocurrencies designed for payments from Goods and Services Tax (GST) — the local equivalent of VAT Go to Source Powered by WPeMatico
Social Network Taringa! Launches Stablecoin Rewards for 27 Million Users
South American social networking giant Taringa! has partnered with MakerDAO and Airtm to launch a stablecoin-powered points system for its 27 million strong user base Go to Source Powered by WPeMatico
India to Educate High-Ranking Police Officers on Cryptocurrency
India’s national police academy has launched a cryptocurrency course for high-ranking officers of the Indian Police Service. Among the objectives of the course are the functioning and legal aspects of cryptocurrencies, as well as investigations of cases involving digital coins. The Indian police continue to regularly uncover crypto-related schemes as the government deliberates on the … Read more
European Central Bank Exec Calls for Fast Regulatory Action Regarding Libra
Financial regulators must act fast to prepare for Facebook’s Libra stablecoin, according to European Central Bank executive board member Benoit Coeure Go to Source Powered by WPeMatico
Survey: Generation Z Does Not Plan to Buy Cryptocurrency
According to the results of a recent survey, most Generation Z-ers do not plan to buy cryptocurrency Go to Source Powered by WPeMatico