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Nobel Prize-Winner Myron Scholes Backs Stablecoin to Rival Facebook’s Libra

The Saga Foundation, a Swiss non-profit created last year dedicated to developing new technologies in open and decentralized software, is launching a new virtual currency called Saga (SGA). The token is connected to the International Monetary Fund’s (IMF’s) cash reserve that can initially only be owned by accredited and identified investors. дальше »

2019-12-10 21:00


Bitcoin Not Threatened by Cryptocurrency Launched by Laureate-Advised Firm

Amidst regulatory uncertainty, U. K. -based Saga hopes to introduce a global digital currency that lawmakers and consumers alike find agreeable. The “stablecoin” (think Tether) is pegged to a basket of fiat currencies and is not anonymous, making it unlikely to win over Bitcoin enthusiasts who value the coin’s decentralized mode of operation. дальше »

2019-12-11 20:00


Saga Launches SGA Stablecoin Pegged To Fiat Basket As A Rival To Facebook’s Libra

Facebook's Libra has been at the receiving end of regulators and lawmakers at Capitol Hill, and Mark Zuckerberg's comments that if Libra won't be given the regulatory clarity then the US might lag behind in the race to become a market leader in the evolving tech of blockchain and cryptocurrencies, where he particularly hinted towards […] дальше »

2019-12-10 18:03


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G7 countries caution against Facebook’s ‘risky’ Libra

Earlier this week I told you Facebook‘s ‘cryptocurrency‘ saga had turned into a soap opera and that it was going to be a long season, and it seems I wasn’t wrong. The technology giant is facing a new challenge after the G7 said on Thursday that such stablecoins shouldn’t be allowed to launch until international risk was assessed. дальше »

2019-10-18 12:04


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How Cryptocurrencies Can Mitigate Some of Brexit’s Negative Effects

Brexit, the European divorce saga that has been going on for years, has created a lot of headaches for politicians and ordinary people on both sides of the Channel. The process of Britain leaving the European Union is now heading towards another one of its deadlines while London and Brussels are trying to separate with […] The post How Cryptocurrencies Can Mitigate Some of Brexit’s Negative Effects appeared first on Bitcoin News. дальше »

2019-9-21 02:30


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QuadrigaCX Update: Accountants Petition to Move Case to Toronto

Court proceedings against defunct Canadian Bitcoin exchange QuadrigaCX will focus on people in Ontario, say liquidators. EY: ‘Few Ties’ Keep Bitcoin Case In Nova Scotia In a court document filed this week, Ernst & Young (EY), the accounting giant acting as the exchange’s bankruptcy trustee, petitioned for a relocation of their case. дальше »

2019-8-29 16:00


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Canada relaxes rules for cryptocurrency exchanges despite ongoing QuadrigaCX saga

Reassurance for Canadians: Cryptocurrency exchanges across the nation will now only have to report transfers of more than CA$10,000 ($7,663). It comes after the Canadian government relaxed some of its new anti-money laundering regulations following feedback from payment service providers and cryptocurrency exchanges. дальше »

2019-7-11 15:50