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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


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Japan’s Second Largest Bank to Launch its Own Cryptocurrency in March 2019

According to a report published by Finance Magnets, on December 26, 2018, Japan-based company Mizuho Financial Group is primed to launch its yen-pegged cryptocurrency in March 2019. Mizuho’s Stablecoin to Be Launched in March 2019 The cryptocurrency being introduced by Mizuho will have parity with the Japanese yen and can be used to make and receive payments through a mobile. дальше »

2018-12-28 06:00


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Bloomberg Finds That Tether Could Be Backed by Sufficient USD Collaterals

Bloomberg reported December 18 that Tether, the largest stablecoin by market cap, is most likely backed by equivalent USD deposits. Tether’s Bank Statements Suggest USD Sufficiency According to the report, Bloomberg reviewed the bank statements of four separate months which depicted that the amount of USDT coins in circulation was in accordance with Tether LTD’s […] Bloomberg Finds That Tether Could Be Backed by Sufficient USD Collaterals was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News. дальше »

2018-12-19 15:59


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Switzerland: Cryptocurrency Firm X8 AG Obtains Sharia Compliance Certificate

The Reuters reported on Nov. 12th that X8 AG, a Swiss fintech company received Islamic finance certification for its stablecoin built on the Ethereum blockchain protocol. The firm was certified by the Shariyah Review Bureau (SRB), a respected Sharia consultancy and audit firm with a foothold in 12 countries including a license from Bahrain’s central bank. дальше »

2018-11-12 17:59


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Crypto Platform Coinbase Secures $300 Million in Series E Funding Round

Popular cryptocurrency exchange Coinbase has raised a fresh $300 million in a Series E financing round, bringing the company valuation to $8 billion. Coinbase plans to use the funding to "accelerate the adoption of cryptocurrencies," as it plans to remain the "entry-point into crypto" for millions of investors, according to a published blog post. дальше »

2018-10-31 20:51