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China has no Law for Cryptocurrency, Says High Court

A Chinese court stated that there is no law regarding cryptocurrency, an indication that investors would carry out crypto investment at their peril. No Protection for Chinese Crypto Investors  According to the South China Morning Post on Monday (August 23, 2021), an intermediate court in the city of Jinan revealed that cryptocurrency investment and tradingRead More дальше »

2021-8-24 05:00


“Eventually,” A Digital Dollar Could Be Issued But Fed Is Still A “Long Way” From Deciding On It, Says A US Central Bank Official

Dallas Federal Reserve Robert Kaplan said the US central bank could see it eventually issuing its own digital currency, calling it the “last mile” in the digitization of the payment system. “I would imagine in the years ahead — it's something the Fed is actively working on now — and I can see reasons why […] The post “Eventually,” A Digital Dollar Could Be Issued But Fed Is Still A “Long Way” From Deciding On It, Says A US Central Bank Official first appeared on BitcoinExchangeGuide. дальше »

2021-8-22 17:38


Bloomberg and Galaxy Digital Launches DeFi Index; SEC Chair Gary Gensler says DeFi is “A Bit of A Misnomer”

Bloomberg and Galaxy Digital have collaborated to launch the Bloomberg Galaxy DeFi Index (ticker: DEFI). The benchmark owned and administered by Bloomberg Index Services Limited and co-branded with Galaxy will measure the performance of the largest decentralized finance (DeFi) protocol by market value. дальше »

2021-8-20 20:02


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Bitcoin Not Designed For What Twitter’s Jack Dorsey Wants To Build, Ethereum’s Vitalik Buterin Asserts

Ethereum Co-founder Vitalik Buterin says that Facebook and Square face huge challenges in their latest crypto and blockchain quests. Speaking to Bloomberg’s Television, Vitalik said the Bitcoin blockchain does not have functionality that would help Square to build a “non-custodial, permissionless, and decentralized financial service” on top of Bitcoin. According to him, Facebook may also […] дальше »

2021-8-20 23:36


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Ukraine Minister Says First Digital Currency Pilot Could Focus on Staff Salary Payments

The head of Ukraine’s Ministry of Digital Transformation has said that paying the staff of the ministry in the proposed central bank digital currency (CBDC) is under consideration.  Ukraine CBDC Pilot Could Initially Involve Salay Payments In a recent interview with local Ukraine news outlet TSN, Mikhail Fedorov, who is also the country’s deputy PrimeRead More дальше »

2021-8-19 11:00


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Jamaica: Central Bank Mandates Court Order for Monitoring Customer CBDC Transaction Data

The central bank of Jamaica says legal approval a must before monitoring customer’s personal transactions tied to CBDCs. Batting for Customer Protection The Bank of Jamaica (BOJ) – Jamaica’s central bank – made an important announcement recently saying that despite the technological ability to do so, interested authorities must not use customer’s digital wallet transactionRead More дальше »

2021-8-19 19:00


Bitcoin adoption could dampen El Salvador’s credit rating, Fitch says

Fitch Ratings has warned that El Salvador’s move to regulate Bitcoin (BTC) as legal tender could negatively affect credit ratings of the country’s insurance sector.   The global credit scoring agency has joined the pack of El Salvador’s Bitcoin adoption critics, stating concerns about the country’s poor articulation of the crypto’s implementation in mainstream markets. дальше »

2021-8-18 07:00