The Russian Central Bank is testing stablecoins, which are backed by real assets. The testing is to occur within a regulatory sandbox that functions based on certain regulations. The Russian Central bank disclosed this recently when the Chairman Elvira Niabullina said:“We test stablecoins in our regulatory “sandbox.” Companies come that want to issue tokens secured by some real assets. We in the “sandbox” look at how they can work, but we do not assume that they will function as a means of...
Read More »France Financial Authority Announces New Rules for Digital Asset Providers
According to the publication, the Autorité des Marchés Financiers (AMF), made these rules to expand on the PACTE law. The PACTE law, which initially went into effect back in May, went down in history as one of the foremost comprehensive legal frameworks to guide the crypto sector, in all of Europe.Compliance RequirementsThe new AMF laws have a few mandatory points that interested applicants must meet. The DASP must have a two-year business plan, with specific details on how the business will...
Read More »OKEx Introduces Bitcoin Options Trades for a Few Clients Before January Launch
OKEx crypto exchange officially announced the launch of Bitcoin options trading for a chosen few clients. This has happened ahead of a public launch on January 9, 2020. In a December 26 press release, the third-largest crypto exchange by daily trading volume worldwide has confirmed that the new contract will be settled daily in Bitcoin.Increasing Hedging Strategies Options for OKEx TradersAn options contract is a popular derivative that lets traders hedge against asset price swings in all...
Read More »Cryptocurrency Video Removals is a Mistake, YouTube Says
This follows YouTubes’ recent removal of Vitalik Buterin‘s “Roadmap” video as well. Sources say that a YouTube Spokesperson said that it had made “the wrong call”. Sources also say that the video-sharing giant said:“With the massive volume of videos on our site, sometimes we make the wrong call. When it’s brought to our attention that a video has been removed mistakenly, we act quickly to reinstate it. We also offer uploaders the ability to appeal removals and we will re-review the...
Read More »Central Bank of Bahamas Launches Digital Currency Today
The Commonwealth of the Bahamas is the newest country to adopt its own digital currency. Starting today, residents of the Exuma district will have access to a pilot run of the country’s central bank digital currency (CBDC).According to an official press release published on Tuesday, December 24, the pilot run is called the “Project Sand Dollar” as the CBDC is called the “Sand Dollar”. The announcement also states that the Bahamas digital currency furthers the Bahamian Payments System...
Read More »Bank Of Korea Employs A Task Force To Research Central Bank Cryptocurrency
The Bank of Korea (BOK) is taking another important step towards adopting the trend for central bank digital currencies (CBDCs). The bank will reportedly organize a dedicated task force to build on top of the existing CBDC research and to improve it further.Bank Of Korea’s CBDC Task ForceA local report from today shows BOK’s intentions for developing more CBDC-orientated research groups. As included in the bank’s “Monetary Policy for 2020,” the research will target innovations, such as...
Read More »#779 Krieg gegen Krypto-Youtuber, Ethereum Co-Founder Exit & 7000 Bitcoin Asics beschlagnahmt
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 779. Heute sprechen wir über folgende Themen: Youtube sperrt Krypto Videos und Kanäle & Ethereum Co-Founder Exit & 7.000 Bitcoin-Asics in China beschlagnahmt. 1.) YouTube Reinstates More Crypto-Related Content, Admits To Mistake Via Twitterhttps://cointelegraph.com/news/youtube-reinstates-more-crypto-related-content-admits-to-mistake-via-twitter 2.) Ethereum Co-Founder Exit? Whale versendet 92.000 ETH an...
Read More »Bitcoin Cash Analysis: BCH Setting Stage For Fresh Increase
Bitcoin cash price is trading nicely above the $182 support area against the US Dollar.The price is facing a couple of important hurdles near the $198 and $204 levels.There is a declining channel or a bullish flag forming with resistance near $192 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could decline a few points before a fresh increase above the $198 resistance area.Bitcoin cash price is trading in a positive zone above $182 and $180 against the US Dollar....
Read More »Tron CEO Justin Sun Gives Greta Thunberg a Lot of Money
Justin Sun – CEO of TRON – is never one to shy away from the press, whether the news emerging be negative or positive. The man appears to believe that all press is good press, and now he’s making headlines with his $1 million donation to Greta Thunberg.Sun: I’m a Lot Like GretaThunberg first rose to prominence in August of 2018 when she organized a student protest outside Sweden’s parliament. Her issue? That politicians weren’t doing enough to thwart the effects of climate change.Since then,...
Read More »After A Disappointing Christmas, Bitcoin Price Consolidates Around $7,200: Thursday Crypto Market Watch
After having a gloomy Christmas, the only relief for traders today is that Bitcoin is still holding support at the $7200 region. After touching $7,700 a few days ago, BTC is currently trading above $7,200. A decline below $7,000 will, in no doubt, be stressful for traders who are already disappointed with the Christmas market outcome. The rest of the crypto market is in a mixed state, with significant altcoins posting either slight profits or loss. Ether (ETH) has lost a significant amount of...
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