Goldman Sachs predicts China’s digital yuan will attract 1 billion users within a decade, helping China’s commercial banks compete with fintech companies.
via CoinDesk
Thursday, November 19, 2020
CryptoCurrency News: Goldman Sachs Expects Digital Yuan to Reach 1B Users Within 10 Years
Goldman Sachs predicts China’s digital yuan will attract 1 billion users within a decade, helping China’s commercial banks compete with fintech companies.
via CoinDesk
CryptoCurrency News: US Is Debating Risk vs. Liability for New Crypto Tax Rules
Treasury department officials are wrangling with how to focus a coming set of crypto tax rules.
via CoinDesk
CryptoCurrency News: Lightning Network’s New Liquidity Marketplace Attracts a ‘Surprising’ Mix of Individuals, Enterprises
Lightning Labs’ new liquidity marketplace, Lightning Pool, has seen more early-stage growth than its creators expected.
via CoinDesk
CryptoCurrency News: A Crypto Ally as Top US Bank Regulator?
President Trump has nominated former Coinbase counsel Brian Brooks to a full five-year term as Comptroller of the Currency, but will he be confirmed in time?
via CoinDesk
CryptoCurrency News: Helium Wireless Network Approves New Hard Cap for HNT Token Emissions
Adding a token hard-cap and introducing "halvenings" will make HNT tokenomics easier to understand, say project contributors.
via CoinDesk
CryptoCurrency News: Blockchain Bites: FATF Considers DeFi, Binance Sues and One Step to a BTC ETF
PLUS: Deutsche Bank analysts reportedly said customers increasingly prefer bitcoin over gold.
via CoinDesk
CryptoCurrency News: Open Finance Is Better Than Broken Finance
Traditional financial services fail to meet the core needs of a global economy. DeFi is not perfect but it's for everyone.
via CoinDesk
CryptoCurrency News: Bitcoin Options Investors Are Starting to Hedge Against Potential Price Pullback
The one-month implied volatility, which is influenced by the demand for call and put options, jumped from roughly 55% to a four-month high of 70.5% in the past two days, suggesting increased expectations for price turbulence over the next four weeks.
via CoinDesk
CryptoCurrency News: SEC Grants Digital Avatar Firm IMVU Permission to Sell Crypto Tokens
The SEC has granted permission to digital avatar firm IMVU to sell its Ethereum-based VCOIN digital currency, though with some restrictions.
via CoinDesk
CryptoCurrency News: First Mover: What China Crackdown Means for $18K Bitcoin as Dimon Passes on ‘Tea’
Fewer new bitcoin may be hitting the market because miners in China can't sell their bitcoins due to a crackdown by their government.
via CoinDesk
CryptoCurrency News: SEC’s Clayton Says Payment Inefficiencies Are Boosting Bitcoin’s Rise
Clayton sounded more bullish on bitcoin than he's been in years in his Thursday interview with CNBC
via CoinDesk
CryptoCurrency News: DEX Aggregator Rebrands to Slingshot After Raising $3.1M From Coinbase Ventures, Others
Slingshot exists in an increasingly crowded field of DEX aggregators including 1inch, ParaSwap, Matcha and even MetaMask.
via CoinDesk
CryptoCurrency News: NFT Game Axie Infinity Raises $860K in Governance Token Sale
A new game mode will also be launching on the platform in early 2021, where players can own pieces of land and farm governance tokens.
via CoinDesk
CryptoCurrency News: OKEx Exchange Says Crypto Withdrawals to Restart by Next Friday
"The private key holder has now returned to his normal business functions," the exchange said in a notice Thursday.
via CoinDesk
CryptoCurrency News: Irish Man Gets 3 Years in Prison for Stealing $2.5M in Crypto Through SIM Hacks
The man was part of a criminal group that compromised crypto accounts with assistance from contacts at mobile operators.
via CoinDesk
CryptoCurrency News: Deutsche Bank Says Investors Increasingly Prefer Bitcoin Over Gold as Inflation Hedge
The Deutsche Bank analyst's comments are another sign of bitcoin's increasing acceptance in the mainstream of finance.
via CoinDesk
CryptoCurrency News: 30 Japan Firms to Collaborate on Private Digital Yen: Reuters
A group of Japanese companies plans to develop and test a private digital currency that would work alongside cash.
via CoinDesk
CryptoCurrency News: Solidus Labs Believes Its Crypto Surveillance Tool Can Help Launch a Bitcoin ETF
Solidus Labs believes its new surveillance tool can help regulators maintain confidence in crypto markets, potentially leading to the approval of a bitcoin ETF.
via CoinDesk
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