Algorithmic asset experiments continue to entice traders & developers
On the frontiers of algorithmic assets, trading isn’t the only activity that will raise your heartrate Go to Source Powered by WPeMatico
Stablecoin
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JPMorgan Chase execs weigh in on stablecoin regulation, crypto competition
While the OCC’s new stablecoin guidance doesn’t have an impact on JPM Coin, it could lead to crypto payments if there’s demand Go to Source Powered by WPeMatico
China turns up pace on CBDC release, tests infrastructure prior to adoption
The yuan is not seen as a major currency. Could digitizing it change that? China is breaking new ground in the Shenzhen region and beyond. Go to Source Powered by WPeMatico
US Fed: CBDC a ‘very high priority’ to combat bad private sector money
The United States Federal Reserve needs its own digital currency to protect against a possible overnight proliferation of stablecoin technology, says Fed chairman Jerome Powell. Go to Source Powered by WPeMatico
An online future for finance is inevitable, says OCC’s Brooks
Brooks considers the migration of the financial system onto the internet “inevitable.” Go to Source Powered by WPeMatico
IOST in the First Batch of Blockchains to Support HUSD Stablecoin
PRESS RELEASE. IOST, an enterprise-grade, decentralized, and ultra-fast network oiled with the Proof-of Believability consensus algorithm, is integrating the HUSD stablecoin, according to an announcement on 13 Jan 2021. HUSD is a safe and secure dollar-pegged stablecoin issued by Stable Universal Limited. Notably, IOST is the first batch of Public Blockchains to support HUSD. To … Read more
The EURST Stablecoin Set the Path That Major Central Banks Now Want to Follow
From Asia to Europe, major central banks all around the world are expected to announce their own digital currencies soon. This is vindication that stablecoins like EURST are on the right path forward, and they can serve to show how national economies should reinvent themselves following the current crisis. Why Everyone Wants a CBDC Now … Read more
Following Brexit, the UK asks crypto industry about rules for cross-border stablecoins
In addition to trying to define stablecoins, the UK is looking to establish how close it wants its crypto laws to be to other countries. Go to Source Powered by WPeMatico
CeFi and DeFi will finally meet in 2021 — Let’s hope they hit it off
CeFi and DeFi have a long way to go in order to effectively work together, but their combined efforts will help drive mass crypto adoption. Go to Source Powered by WPeMatico
Bitfinex CTO: Tether Is Registered and Regulated Under FinCEN- USDT Not Next Target of the US SEC
The CTO at Bitfinex Paolo Ardoino has pushed back against rumours that the company’s Tether stablecoin may be the next target of the U.S. Securities and Exchange Commission (SEC). The Bitfinex executive insists that the Tether stablecoin, whose market capitalization has now surpassed $20 billion, is a properly registered and regulated crypto. The Alleged Misinformation … Read more