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Regulatory Roundup: Crypto ‘Inevitable’ in India, China Rankings, NY Streamlines Policy

In this regulatory roundup, we cover a positive crypto story in India, China’s year-end rankings, and the European Central Bank entering the stablecoin race. We also cover the New York regulator’s proposed Bitlicense revision — the first in five years — and several other notable regulatory developments in the crypto space. дальше »

2019-12-16 18:20


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Banks Stopped Walmart Bank – Now the Retail Giant Hits Back With Crypto

On August 1, it was discovered that the giant retail corporation Walmart has patented plans for a stablecoin that’s backed by U.S. dollars. If released into the wild, the USD-based cryptocurrency would be issued to select Walmart retailers and partners while the patent’s description explains the coin could be used outside of Walmart’s retail scope […] The post Banks Stopped Walmart Bank – Now the Retail Giant Hits Back With Crypto appeared first on Bitcoin News. дальше »

2019-8-3 23:00


Top-10 Philippine Bank Launches Its Own Fiat-Pegged Stablecoin Cryptocurrency

One of the largest financial institutions of the country, the Union Bank of the Philippines, has announced the launch of its own crypto today to connect rural banks via its blockchain platform. A blockchain platform and a fiat-pegged stablecoin The stablecoin dubbed PHX – which is pegged to the Philippine Peso (PHP) – is already […] The post Top-10 Philippine Bank Launches Its Own Fiat-Pegged Stablecoin Cryptocurrency appeared first on CCN Markets дальше »

2019-7-27 14:56


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Billionaire to Launch First Ever Cannabis-Pegged Stablecoin

Greek billionaire Alkiviades David has reportedly created the world’s first stablecoin pegged to the price of legal cannabis. Swissx Bank of Cannabis Issues SWX Stablecoin As a press release confirmed July 25, the so-called Swissx Bank of Cannabis (SBC), headquartered in the Swiss city of Gstaad, aims to provide the legal cannabis industry with a secondary market. дальше »

2019-7-26 13:00


Dukascash Stablecoin Launches by Swiss Bank Dukascopy, Backed by Three Fiat Currencies

Reports circulated yesterday that the Swiss SIX Stock Exchange was encouraging the local central bank to launch a stablecoin that could be used within their country. Between that encouragement and the recent changes to the Libra whitepaper, it is clear that the market desires another stablecoin, and the Dukascopy Swiss bank is listening. According to […] дальше »

2019-6-28 00:24


No, JP Morgan Coin will not kill Ripple’s XRP, it might actually make it even more relevant

And now J. P. Morgan has become the first US bank to offer its own cryptocurrency, CNBC reported. But this will not be another investment vehicle—at least for now. The cryptocurrency, dubbed “JPM Coin,” is planned to be a stablecoin, utility settlement coin intended for the bank’s wholesale payments business that moves $6 trillion around the world daily. дальше »

2019-2-15 22:33