ECB Says Banks Should Find Better Alternatives to Libra
Commercial banks should work out their own transfer systems as an alternative to Facebook’s Libra, urged Jens Weidmann, President of Bundesbank and member of the Governing Council of...
Why Canada’s Crypto Industry is Threatened by Tax Rules
Canadian tax authorities’ approach to crypto-assets might discourage the country’s citizens from using digital assets, as things like double taxation remain an issue. While...
British Virgin Islands Rebuts Launching Stablecoin
The government of the British Virgin Islands has recently announced that it will not be launching its own stablecoin, despite local media reports of a pegged digital asset being in...
YouHodler Launches New “Multi HODL” Feature to Help Users Manage...
YouHodler is introducing a new feature to its popular FinTech platform that specializes in crypto-backed lending products, crypto savings accounts and original trading tools like...
Africa’s First Stablecoin is Built on Binance Chain
Africa’s first stablecoin, the Africa Stable-Coin(ABCD) is backed by Nigeria’s national currency, the Naira. Also, the fiat-backed crypto is built on Binance’s native...
Nobel Winner-Backed Saga Launches Libra-Like Global Coin
London-based blockchain firm Saga announced the launch of its Saga token (SGA). The digital unit represents a global currency that complies with regulators’ requirements. Saga...
Coinbase Offers 1.25% Interest on USDC Deposits
Coinbase is offering a 1.25% annualized rate on USDC deposits, as part of its USDC Rewards program. The yield will be available to US-based customers. Starting today, eligible US...
Coinbase Celebrates One Year of USDC Stablecoin
The stablecoin USDC has established itself pretty well within the crypto ecosystem, with its first completed year. USDC was launched in September 2016 and quickly gained ground as one...
New Timvi Secured Algorithmic Stablecoin Enters The Market
The test model of the new Timvi (TMV) secured algorithmic stablecoin was launched today, i.e. September 18, 2019. The emission of the stablecoin is not subject to the influence of any...
Libra to Address Regulatory Challenges and Launch By End of 2020
Bertrand Perez, General Director of the Libra Association, told the French financial media Les Echos that the stablecoin project backed by Facebook would go live by the end of 2020...
Silvergate Bank Looking to Become Institutional Crypto Lender
One of the few go-to financial service providers that are Bitcoin and Crypto friendly, Silvergate Bank, is looking to expand its services to include crypto-currency lending, according...
Billionaire to Launch First Ever Cannabis-Pegged Stablecoin
Greek billionaire Alkiviades David has reportedly created the world’s first stablecoin pegged to the price of legal cannabis. Swissx Bank of Cannabis Issues SWX Stablecoin As a press...