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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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G7 Report Labels Stablecoins as Significant Risk

The growth in stablecoin usage has soared since late 2017, and this has regulators and government bodies across the world incredibly worried. A new report formulated by central bank officials of the G7, the IMF, and the Financial Stability Board, believe that global stablecoins pose a systemic threat to the global economy and monetary stability,Read MoreRead More. дальше »

2019-10-14 19:00


Blockchain’s ‘Embedded Supervision’ Could Allow For Easier And Faster Compliance: BIS Economist

Raphael Auer, an important economist of the Bank for International Settlements (BIS), has recently devised a new low-cost solution for compliance in the financial market. The BIS, which is known as the central bank of all central banks, has an interest in the stability of the world economy and has been recently interested in the […] дальше »

2019-9-16 21:01


Bitcoin Beats the US Dollar: Rapper Akon Delivers Crypto Crash Course

Singer Akon has rubbished the common perception that cryptocurrencies such as Bitcoin are too volatile. Per the U.S. musician, crypto enjoys more stability relative to fiat currencies. Speaking in a radio interview on the Breakfast Club, Akon defended the volatility that Bitcoin skeptics regularly cite for their negative attitude towards crypto saying that “Believe it […] The post Bitcoin Beats the US Dollar: Rapper Akon Delivers Crypto Crash Course appeared first on CCN.com дальше »

2019-9-12 16:06


People will exchange (unbacked) USDT for the value of a dollar, claims Tether co-founder William Quigley

Stablecoin was crypto community’s answer to Bitcoin’s volatile market conditions, which managed to deliver some sense of stability within the ecosystem. The first and most controversial token in this space, Tether, has caught unwanted attention as one the company’s co-founders, William Quigley, mentioned something controversial. дальше »

2019-9-6 23:30


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Int’l Finance Watchdog Appoints Japanese Cryptocurrency Regulator

The Financial Stability Board (FSB) has appointed Ryozo Himino, Japan’s top cryptocurrency regulator, as the new head of its Standing Committee on Supervisory and Regulatory Cooperation. FSA Cryptocurrency Regulator Joins FSB In a press statement issued on Monday (September 2, 2019), the international financial system watchdog announced Himino’s appointment. дальше »

2019-9-3 16:00


Биткоин-биржа Bitfinex прервет работу на несколько часов

Криптовалютная биржа Bitfinex проведет 2 сентября техническое обслуживание, призванное «повысить стабильность и масштабируемость инфраструктуры iFinex и новых трейдинговых продуктов». Bitfinex will be performing a system upgrade on Monday, September 2nd, to enhance the stability and scalability of the iFinex trading infrastructure. дальше »

2019-8-31 15:44