BIS head says physical cash still important, even if CBDCs take over
BIS Innovation Hub head Benoît Cœuré stressed the importance of maintaining multiple payment options beyond just CBDCs. Go to Source Powered by WPeMatico
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Bitcoin Cash-Fueled Onchain Social Media Platform Memo Launches iOS App
Two years ago, an onchain social network called memo.cash was launched and the application has developed quite a bit since then. On Tuesday, the Memo team revealed that the platform is now available for iOS phones via the App Store. Apple users can now connect to the social network that etches a user’s content to … Read more
Back on track: US macro events unlikely to fully derail Bitcoin price gains
As the U.S. stock market enters earnings season, analysts explain how Bitcoin could perform after earnings and the presidential election. Go to Source Powered by WPeMatico
Partisan dunks eclipse Section 230 in Senate hearing on social media giants
Though the hearing did not focus on solutions, open source looks like a real way of addressing the committee’s concerns about transparency and accountability. Go to Source Powered by WPeMatico
PayPal might issue its own cryptocurrency soon, says CoinShares exec
The CSO of CoinShares thinks that a payments-focused PayPal token could be forthcoming. Go to Source Powered by WPeMatico
Chasing the hottest trends in crypto, the EU works to rein in stablecoins and DeFi
The proposed EU crypto market regulation will raise many compliance obstacles for the next Libra-like project seeking to operate in Europe. Go to Source Powered by WPeMatico
Law Decoded: The rivalry between central banks and global stablecoins, Oct. 9–16
Talk of CBDCs and Facebook’s Libra headlined this week’s policy news, as international organizations weigh in on both. Go to Source Powered by WPeMatico
Philippines Regulator Warns Investors to Steer Clear of Mining City’s Bitcoin Vault Ponzi
There’s a mining contract scheme people are discussing and making the rounds on the web called “Mining City” or “Bitcoin Vault.” The Philippines SEC recently put out a warning against the operation and the alleged masterminds behind the project. One thing is for sure, there’s been a number of crypto Ponzi operations over the years, … Read more
G7 will block Libra launch until regulations in place
“No global stablecoin project should begin operation until it adequately addresses relevant legal, regulatory, and oversight requirements.” Go to Source Powered by WPeMatico
Blockchain may solve Twitter and Facebook’s moderation issues says Aragon exec
Would decentralized governance save social media platforms from polarizing its users with its politics? Go to Source Powered by WPeMatico
