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Digital currencies, those issued by central banks in particular, have been commended for their “disruptive nature.” The praise comes from a publication associated with one of Brazil’s far-left parties. A recently published article claims that CBDCs such as China’s digital yuan can radically change global finances and government policies. Digital Yuan to Do Away With […]Powered by WPeMatico
Startups have spoken out against government attempts to curb the operations of crypto exchanges in Iran. Cryptocurrency trading is not illegal, Iranian fintechs insist, calling on lawmakers and regulators to develop rules that would allow the sanctioned country to continue to take advantage of decentralized money transfers. Iranian Fintechs Insist There Is No Ban on […]Powered by WPeMatico
Blockchain is helping companies from Vietnam and Thailand settle trades more smoothly.
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ChangeNOW is happy to announce the integration with LocalCryptos – the world’s most popular non-custodial peer-to-peer crypto marketplace! From now on, LocalCryptos users can swap cryptocurrencies right inside its built-in non-custodial crypto wallet. To perform the desired trade in a different cryptocurrency, you don’t have to waste your time looking where to swap your crypto […]
The post LocalCryptos Integrates Inbuilt Crypto-To-Crypto Exchanges, Powered by ChangeNOW appeared first on Bitcoin News.
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The metals and minerals subsidiary of Mitsubishi has launched a blockchain platform to digitize metal trades.
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Multi-billion-dollar mining group BHP announced it has completed a $14 million iron ore trade using a blockchain platform.
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The platform’s backers claim that using the blockchain can keep trade financing running smoothly even in times of global crises like the coronavirus
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The China Foreign Exchange Trade System (CFETS) announced that effective January 1, 2020, the system “will adjust weights for CFETS RMB Index,” decreasing the weighting of the USD for the second time in the currency basket’s history from 22.40% to 21.59%, and increasing the Euro from 16.34% to 17.40%. The change could signal further disassociation […]
The post China Takes Another Step Away From USD Hegemony appeared first on Bitcoin News.
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EToro reports correlated uptick of positions in both Bitcoin and gold against a backdrop of escalating trade tensions between the U.S. and China
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Volume has been ramping up across the cryptocurrency markets, with April seeing a new all-time high posted for daily global cryptocurrency volume. The month has also seen Chicago Mercantile Exchange (CME) report record trade volume for its BTC futures contracts, in addition to Cumberland’s trade desk reporting an influx of 1,000 BTC buy orders, signaling […]
The post Crypto Markets and CME Futures Post Record Trade Volume appeared first on Bitcoin News.
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