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Monday, October 12, 2020

CryptoCurrency News: IMF, World Bank, G7 Countries to Create Central Bank Digital Currency Rules



The United States, Canada, Britain, Germany, France, Italy and Japan will institute national digital currency banking standards with the International Monetary Fund and World Bank.

via CoinDesk

CryptoCurrency News: Grayscale’s Ethereum Trust Granted SEC Reporting Company Status



Institutional bitcoin investors are looking at "how else they can diversify within the asset class," said Michael Sonnenshein.

via CoinDesk

CryptoCurrency News: China Should Accelerate Rollout of Digital Yuan, Says Central Bank Official



Chen Yulu, deputy governor of the People's Bank of China, said over the weekend the digital yuan project should be accelerated as an important part of the nation's financial infrastructure.

via CoinDesk

CryptoCurrency News: Central Banks Haven’t Made a Good Case for Digital Currencies: WSJ’s Heard on the Street



Central banks are rushing into digital currencies without considering how the risks might outweigh any benefits, the column argues.

via CoinDesk

CryptoCurrency News: First Mover: Bitcoin’s Best Week Since July Shows Limited Toll of UK Retail Crypto Futures Ban



Bitcoin holds above $11K after biggest weekly gain since July, despite FCA ban on retail crypto futures trading and inventory drawdowns by miners.

via CoinDesk

CryptoCurrency News: It’s Time to Launch the Ethereum 2.0 Beacon Chain



We've spent the last nine months testing the life out of this thing. It's time to stake our ideas, money and time on the line.

via CoinDesk

CryptoCurrency News: Spate of Bitcoin Extortion Bomb Threats Hits Government, Schools in Japan



The extortionists demand a payment in bitcoin to avoid the detonation of an explosive device, per a report.

via CoinDesk

CryptoCurrency News: BitMEX Exchange Hires Compliance Chief After US Charges



BitMEX, the cryptocurrency derivatives exchange recently charged by U.S. authorities for offering illegal trading services, has hired a compliance veteran.

via CoinDesk

CryptoCurrency News: Elon Musk Plays Down Sighting of Bitcoin ATM in Tesla Gigafactory



While Elon Musk doesn't seem sure, LibertyX claims it has installed three bitcoin ATMs at the Tesla Gigafactory in Nevada.

via CoinDesk

CryptoCurrency News: Revamped Crypto Derivatives Exchange Qume Set to Fly in Wake of BitMEX Woes



The timing couldn’t be better for regulation-focused trading platform Qume, which unveils a revamped set of services Monday.

via CoinDesk

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