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Fidelity Says Bitcoin Adoption Will Keep Accelerating — ‘We’ve Reached a Tipping Point’

Fidelity’s head of digital assets says that bitcoin adoption will continue “at an accelerated pace,” noting that “we’ve reached a tipping point.” He explained that investors are increasingly drawn to bitcoin “Particularly, in an environment where we’ve seen unprecedented monetary and fiscal stimulus from central banks and governments in response to the pandemic.” The Tipping […] дальше »

2021-4-9 02:30


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Goldman Sachs To Start Offering Bitcoin And Other Cryptoassets To Its Wealthy Clients In Q2

Bitcoin and other digital assets will soon be available to Goldman Sachs’ wealth management clients, per a report by CNBC. Mary Rich, Goldman Sachs’ head of digital assets of the private wealth management division confirmed plans to launch a “full-spectrum” of investment products in the flagship cryptocurrency and some altcoins in the second quarter of […] дальше »

2021-4-1 20:22


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Digital Yuan Will Not Be Completely Anonymous Says PBoC Official

A high-level official of the People’s Bank of China (PBoC) has revealed that a completely private digital currency is not an option for the bank based on international recommendations.  Digital Yuan will feature Controllable Anonymity  Mu Changchun, the head of the PBoC Digitial Currency Research Institute, revealed this in a forum on Saturday. According toRead More дальше »

2021-3-23 20:00


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VISA Head Of Crypto Deconstructs Issues Regarding CBDCs and Effects on Bitcoin Adoption

Through a series of tweets on his official twitter account published on July 4, VISA Head Of Crypto, Cuy Sheffield, shared his thoughts on central bank digital currencies (CBDCs). According to him, CBDC is one of the most important trends for the future of money and payments over the next decade. Sheffield stated that regardless […] дальше »

2020-7-6 01:19


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Central Bank Digital Currencies are a Risk to Dollar Dominance: JPMorgan Report

According to JP Morgan Chase & Co., if the idea of central bank digital currencies (CBDC) gains traction, the US can risk losing its geopolitical power. “There is no country with more to lose from the disruptive potential of digital currency than the United States,” wrote analysts including Josh Younger, head of U.S. interest-rate derivatives […] дальше »

2020-5-24 21:24


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Visa CEO Recognizes Real Potential in Stablecoins and Cryptocurrencies

In a question and answer session at the JP Morgan Annual Tech Conference, the head of Visa admitted that cryptocurrencies are complementary to its current payment systems — not competitive. Ryan Todd (@_RJTodd), who reported on Visa’s acknowledgment of digital currencies, added that the total stablecoin value has hit ten billion dollars last week. дальше »

2020-5-18 09:36


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COVID-19 Pandemic Could Speed Up Central Bank Crypto Adoption

The COVID-19 pandemic will bring the end of cash and speed up the adoption of digital banking services, including central bank crypto, according to Edwin Bautista, CEO of UnionBank. Going Digital Is the Right Approach Amid Pandemic In an interview with Euromoney, the head of UnionBank, the Philippines’ ninth-largest bank, said that this might be the beginning of the end of hard cash, at least for the Philippines, a country whose lockdown measures are challenging […] дальше »

2020-4-5 15:00


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Bitcoin Halving Capitulation: ‘Mining Death Spirals Don’t Happen in Real Life,’ Says Report

As the bitcoin halving approaches, crypto-mining ‘death spirals’ and miner capitulation have become prominent topics among digital currency enthusiasts. Despite the trending discussions, Coinshares head of research Christopher Bendiksen published a study that says “[bitcoin] mining death spirals do not actually happen in real life” and the speculation is a “highly theoretical edge case. дальше »

2020-4-1 23:30


R3 To Provide Blockchain Identity Solutions To Help Recover $48B In Unclaimed Pensions

Blockchain technology provider, R3 has revealed that it is working on offering pension companies with the requisite technology to develop fresh identity solutions built on blockchain which could enable savers to recoup part or all of $48 billion worth of lost pension pots in the UK, CoinDesk reports. дальше »

2020-2-25 22:15


Facebook’s Libra Stablecoin Put Central Banks On Notice, Causing Bankers To Look Into CBDC’s

A former Executive of the Bank of Japan (BOJ) has said that Facebook’s Libra prompted Central Banks to invest more resources in Digital Currency research sooner than expected. According to a report by Reuters on Jan 22, Hiromi Yamaoka, a former head of settlements and payments at the BOJ, noted that regulators might have done […] дальше »

2020-1-23 21:22


Chamber of Digital Commerce And The Blockchain Association Side With Telegram In SEC GRAM Case

An amicus brief was just filed by the Chamber of Digital Commerce in the continuing legal battle between the SEC (United States Securities Exchange) and Telegram. The document which was filed on January 21st was authored by one Lilya Tessler, the current head of Sidley Austin LLP, based in New York, and counsel to the […] дальше »

2020-1-22 18:42