The Future Is Stablecoins, Say Panelists for Chamber of Digital Commerce
As banks look to tokenize currency and USDT volume rises, experts see a bright future for stablecoins. Go to Source Powered by WPeMatico
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BIS Expects COVID-19 Crisis to Boost CBDC Development Worldwide
The Bank for International Settlements expects the COVID-19 crisis’ impact on retail payments to have a positive effect on central bank digital currency development. Go to Source Powered by WPeMatico
Bank for International Settlements Calls CBDCs a Potential ‘Sea Change’
The leading global central bank institution has published new research on central bank digital currencies, noting a major shift in their direction thanks to Libra as well as COVID-19. Go to Source Powered by WPeMatico
Bithumb Exchange to Reportedly File for IPO in South Korea
The South Korean exchange is reportedly looking into a stock market launch despite local regulatory uncertainty. Go to Source Powered by WPeMatico
Australian Watchdog Warns of Spike in Crypto Scams During Coronavirus Pandemic
Australia’s Securities and Investment Commission says that between March and May, investment scams of all types rose by 20% as compared to the same period in 2019. Go to Source Powered by WPeMatico
WhatsApp Payments Suspended by Brazil’s Central Bank
WhatsApp’s payment features have been suspended in Brazil less than one month after the Facebook-owned app rolled them out. Go to Source Powered by WPeMatico
Supreme Court Limits SEC’s Power to Seek Punitive Fines on Crypto Firms
The US Supreme Court made a ruling on June 23 which will limit the amount of fines the SEC can impose on crypto and blockchain firms. Go to Source Powered by WPeMatico
South Korean Economist Warns New Tax Laws May Slow Down Crypto Market Growth
South Korea economist worries that tough regulation would slow down crypto’s growth. Go to Source Powered by WPeMatico
Blockchain as an Infrastructure: A Deep Dive Into China’s DLT Strategy
China is not playing catch-up, but rather exploring aggressively pragmatic ways to deploy a digital infrastructure for the whole economy with the blockchain tech implementation. Go to Source Powered by WPeMatico
Vietnamese Official Urges Public to Avoid Funding Campaigns for Crypto Business
A senior Vietnamese police official said cryptocurrency fundraisers are illegal in the country and people should not invest in them. Go to Source Powered by WPeMatico
