JP Morgan reckons that deposit tokens could trade on DeFi like stablecoins

JP Morgan reckons that deposit tokens could trade on DeFi like stablecoins
ôîòî ïîêàçàíî ñ : btcmanager.com

2023-2-10 15:54

JP Morgan has reckoned that the tokenization of fiat deposits could be more acceptable than the use of ‘traditional’ stablecoins. The bank says that such tokenized assets could be used across major blockchains to increase their accessibility. American bank JP…

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could bank stablecoins morgan used across assets

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China’s CBDC Could Be the Death Knell for Macau’s High Stakes Gambling Scene

Macau’s gambling industry already affected by the coronavirus could be in for another significant external stress in the form of China’s central bank digital currency (CBDC). The emergence of traceable digital yuan enforced by Beijing on the enclave may likely send shockwaves through the sector, forcing several high-rollers to take their money elsewhere.

2020-12-3 00:00


European Central Bank (ECB) Must be Ready to Issue a Digital Euro, Says Board Members

ECB board member Fabio Panetta said on Friday that the European Central Banks should be preparing to issue a digital euro. In a study published on Friday, the ECB said a digital euro could help an environment where citizens have abandoned cash, other means of payments became unavailable, or foreign forms of electronics have taken […] The post European Central Bank (ECB) Must be Ready to Issue a Digital Euro, Says Board Members first appeared on BitcoinExchangeGuide.

2020-10-4 16:28


Fed Researching CBDC & Planning to Deposit ‘Digital Dollars’ Directly To the Digital Wallets of Americans

Federal Reserve Bank of Cleveland President Loretta Mester revealed that each American would receive digital dollars directly. She said, “Legislation has proposed that each American have an account at the Fed in which digital dollars could be deposited, as liabilities of the Federal Reserve Banks, which could be used for emergency payments.

2020-9-24 17:32


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Bitcoin Could Soar If The Bank Of England Decides To Implement A Negative Interest Rate

Bitcoin stands to attract more investments from British Banks and citizens following an announcement by the Bank of England which is considering implementing a negative interest rate. In a bid to stimulate its economy from the adverse effects of coronavirus and the impending Brexit event, the Bank of England hopes to encourage more spending. Negative […]

2020-9-21 10:28


BoE Explores Negative Rates; Bitcoin Is A ‘Must’ Because Fiat is a ‘Giant Ponzi Scheme’

The Bank of England (BoE) is exploring negative interest rates now and in response Sterling weakened sharply. The pound dropped 0. 7% against the dollar after the central bank’s plans “to explore how a negative Bank Rate could be implemented effectively, should the outlook for inflation and output warrant it at some point,” were revealed.

2020-9-19 19:30


China Construction Bank Disables Chinese DCEP Wallet After Users Notice Feature in Bank App

China Construction Bank, one of the central state-owned banks in China, recently realized that the official wallet for the national CBDC is open for public use within its official banking app. The users could navigate to the wallet by merely entering the national digital currency, which would take the users to the wallet feature where […] The post China Construction Bank Disables Chinese DCEP Wallet After Users Notice Feature in Bank App first appeared on BitcoinExchangeGuide.

2020-8-31 18:36


Boston Federal Reserve Seeks Top Blockchain Networks That Could Support A Digital Dollar

The Federal Reserve Bank of Boston partnership with Massachusetts Institute of Technology (MIT) is currently testing over 30 blockchain projects to find the best one for a digital dollar. The tests aim at finding an already established project instead of building it from scratch with the Fed looking for a stable, secure, and scalable blockchain […]

2020-8-25 23:44


Bitmain Power Struggle: Truce is Over & Fight for Control Resumes; Bitcoin Miners Could Suffer

The struggle between the co-founder of bitcoin’s biggest miner manufacturer is not looking to end anytime soon. It hasn't even been two weeks, and they are back at it. The fight restarted when Bitmain co-founder Micree Zhan or Zhan Keutan attempted to redirect customer payments to a new bank account in a Wechat post at […]

2020-7-8 19:16


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New iPhone Update Shows TikTok, Others Could Be Snooping on Bitcoin Addresses

Popular iOS apps like TikTok might be snooping on sensitive user information such as Bitcoin addresses and bank passwords, security publication ArsTechnica reported earlier this week. Snooping on Bitcoin Addresses Reports from this week confirm last week’s release of Apple’s iOS 14 developer beta for iPhone alerts users when mobile apps “read” data from one’sRead MoreRead More.

2020-7-1 22:07


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Former chief of the U.S. CFTC joins Paxos board of directors

Christopher Giancarlo, former CFTC chief has joined Paxos board. Giancarlo’s advocacy for blockchain innovation aligns with Paxos’ mission for regulated solutions. Paxos aims to drive financial sector innovation with Giancarlo’s guidance on board.

Hyperinflation Warning: US Bizman, Author Tells Businesses To Stack Bitcoin

Robert Kiyosaki, the author of the bestselling personal finance book “Rich Dad, Poor Dad,” has fired another financial warning shot, this time targeting the US dollar and a potential challenger – a gold-backed stablecoin from the BRICS nations (Brazil, Russia, India, China, and South Africa).

Stablecoin Surge: Tether's Headroom for Growth

The stablecoin already enjoys a dominant position in stablecoins and its integration with the TON (Telegram) network could boost it further, says Sylvia To, head of partnerships and token research at Bullish.