ING Chief Economist: Libra Accelerating Central Banks’ Crypto Plans
ING chief economist Mark Cliffe says central banks could move towards issuing digital currencies within 2-3 years, given Facebook’s Libra project Go to Source Powered by WPeMatico
Stablecoins
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3 Key Takeaways From Switzerland’s New Stablecoin Guidelines
Switzerland’s financial watchdog issues new stablecoin guidelines, outlines its requirements for the Libra Association’s proposed stablecoin payments network Go to Source Powered by WPeMatico
JPMorgan Warns Stablecoins Like Libra at Risk of ‘System Gridlock’
Libra can add negative yields to its growing list of risks, according to a new JPMorgan analysis Go to Source Powered by WPeMatico
Tether Mulls Commodity-Backed Stablecoin to Cut Bank Risk: Report
Bitfinex shareholder Zhao Dong claims Tether will release a version of its stablecoin pegged to commodities such as gold, crude oil and rubber Go to Source Powered by WPeMatico
Biggest Problems With Stablecoins, Explained
Concerns over transparency and reserves are lingering over stablecoins, with big players facing regulatory pushback as they try to launch their own currencies #CT_sponsored Go to Source Powered by WPeMatico
Market Update: Economists Envision Global Recession While Crypto Prices Soldier On
Last week cryptocurrency prices bounced around after a majority of coins dropped in value on August 21. Today on August 26, digital currency markets have gained around 1.52%, gathering $4 billion since the initial slump. Despite the volatility, cryptocurrencies have consolidated and a few speculators believe a breakout is on the cards that could send … Read more
Research Reports Show Positive Crypto Industry Growth in H1 2019
More than half the year is behind us and the cryptocurrency ecosystem continues to move forward, showing relentless growth over the last six months. 2019 has also seen a new theme arise as speculators believe the cryptocurrency ecosystem is experiencing an influx of institutional interest and regulatory crackdowns. A variety of cryptocurrency research reports analyzing … Read more
Philippines’ UnionBank Launches Payments-Focused Stablecoin
The new, bank-backed cryptocurrency — dubbed PHX — is being implemented on UnionBank’s i2i platform Go to Source Powered by WPeMatico
Libra, TON and JPMorgan Coin Compared: Are They Heroes or Villains?
Libra, Ton and JPMorgan Coin, the three projects proposing a new approach to blockchain and cryptocurrencies — a giant step toward adoption or the meddling of big business in the world of crypto? Go to Source Powered by WPeMatico
Competing Stablecoins Can’t Topple Tether
Love, hate or fear it, there’s no avoiding tether (USDT). Its shadow looms over the cryptoconomy, supplying sanctuary in times of volatility, providing fiat capital inflow and acting as a lightning rod for crypto critics who believe it’s propping up the price of bitcoin. Over the past year, a flurry of new stablecoins have entered … Read more
