Think Tank Pushes for Creation of a National Cryptocurrency in Switzerland
Avenir Suisse, one of the most influential think tanks in Switzerland, released a report urging the Swiss National Bank (SNB) to start working on a…
Tag: Stablecoin
Binance Partners With Crypto Lending and Borrowing Firm Cred
Binance exchange is teaming up with Cred to offer cryptocurrency lending and borrowing services across its ecosystem. As part of the arrangement, California-based Cred will…
Coinbase To Fill Gap In Stablecoin Market As Tether Faces Criticism
As Vice President of Corporate and Business Development at Coinbase, Emilie Choi puts it, a stablecoin is a “digital programmable dollar” and let’s be honest, the leading…
Crypto Community Reacts to Tether Admitting USDT Not Fully Backed
According to the company behind it, stablecoin USDT is not fully backed by fiat currency deposits. It was revealed today that the controversial crypto asset firm Tether…
Changes to Tether’s Terms of Reserves Raises Fresh Concerns
Controversial stablecoin Tether is in the spotlight again after changes to the details of the way in which it backs up tokens in supply. As reported on March…
Tether to Launch New Version of USDT Stablecoin on Tron Blockchain
Tether is gearing up to launch its controversial stablecoin as a native token on the Tron blockchain. For the effort, Tether is partnering with the Tron…
Facebook Plans to Launch Cryptocurrency in First Half of 2019: NYT Report
Facebook is talking to exchanges about potentially listing a cryptocurrency. That’s the main finding from a New York Times story published Thursday on several efforts to introduce…
Winklevoss Exchange Gemini Shuts Down Accounts Over Stablecoin Redemptions
Two over-the-counter trading desks say their accounts at Gemini, the crypto exchange founded by U.S. investors Cameron and Tyler Winklevoss, were abruptly closed without explanation…
Digital Garage to Test Yen-Pegged Stablecoin on Blockstream Network
An arm of Tokyo-listed internet group Digital Garage is working with bitcoin infrastructure startup Blockstream to test the issuance of a Japanese yen-pegged stablecoin. Crypto…
Morgan Stanley Report Shows Strong Institutional Investment for Bitcoin
On October 31, multinational investment bank and financial services company, Morgan Stanley, released their latest report on Bitcoin. The report, entitled “Update: Bitcoin, Cryptocurrencies and Blockchain,” stated that Bitcoins and…