The central bank of France plans to pilot a central bank digital currency for financial institutions by the end of the first quarter of 2020. The central bank of France plans to pilot a central bank digital currency (CBDC) for financial institutions in 2020. François Villeroy de Galhau, the governor of the Bank of France,…
Read more
Bictoin (BTC) managed to bring in numerous developers to improve and build innovations on its underlying code base, from layer 2 technologies to emerging smart contract solutions, but it remained the same – nobody so far managed to change its core properties, says Lucas Nuzzi, director of technology research at Digital Asset Research, a cryptocurrency…
Read more
Georgia Governor Brian Kemp has appointed Kelly Loeffler, CEO of institutional Bitcoin futures platform Bakkt, to a United States Senate seat. Georgia Governor Brian Kemp has appointed Kelly Loeffler, CEO of institutional Bitcoin (BTC) futures platform Bakkt, to a United States Senate seat. With the appointment, Loeffler will replace Sen. Johnny Isakson (R-GA), who plans…
Read more
As the Australian Federal Police are developing their tech capacities, a recent drug bust of a property in Western Australia allowed officers from the Technology Crime Service to seize not only illegal substances, but also more than AUD 1.52 million (USD 1.04 million) worth of unspecified cryptocurrency on an electronic device. “Using the latest technologies…
Read more
In its new “Outrageous Predictions” report, Danish Saxo Bank says that Asia will launch its own blockchain-based digital asset in 2020. Major Danish bank Saxo Bank has predicted that Asia will launch its own blockchain-based digital asset in its new report of smashing predictions for 2020. The latest edition of “Outrageous Predictions” by Saxo Bank…
Read more
Accounting software company Intuit allegedly requested that Antonopoulos distance himself from cryptocurrency while halting his ability to accept credit card payments. American financial software company Intuit has apparently limited the account of one of the cryptocurrency industry’s best-known figures, Andreas Antonopoulos. In a series of tweets on Dec. 4, Antonopoulos stated that Intuit had prevented…
Read more
One of Japan’s largest companies, Mitsubishi UFJ Financial Group (MUFG), is set to co-launch a “digital currency” and smartphone-based payment service – in conjunction with Japanese human resources network Recruit. Per a report from Nikkei, the new joint-venture company will debut in 2020, and will be 49% owned by MUFG, with Recruit owning 51%. The…
Read more
In the past two days, bitcoin price failed to gain pace above the USD 7,350 and USD 7,400 resistance levels. As a result, BTC/USD started a fresh decline and recently broke the key USD 7,200 support area. However, the price is still holding USD 7,000 (09:00 UTC), below which there is a risk of a…
Read more
Bank of Japan Governor Haruhiko Kuroda said that there is no public demand for a central bank digital currency in the country. Bank of Japan (BOJ) Governor Haruhiko Kuroda said that there is no public demand for a central bank digital currency (CBDC) in the country. During his speech at the symposium for the 35th…
Read more
California-based financial firm SoFi has acquired a BitLicense from the New York State Department of Financial Services. California-based financial firm SoFi has acquired a BitLicense from the New York State Department of Financial Services (NYDFS), the regulator said in a statement on Dec. 3. SoFi is now one of 24 crypto-related firms that have obtained…
Read more
