Payment system news - Page 4886 of 4889 - Страница 4886
Libra Association will not create a single global cryptocurrency
Libra Association said it would not implement the project of a single digital currency, provided with a basket of fiat funds of large states. The updated white paper contains information that the company will now focus on creating stablecoins, each of which will be tied to one of the currencies: USD, GBP, EUR, and intends to obtain a license from the regulator FINMA (Switzerland) and FinCEN (USA).
Mark Kyuban: Bitcoin should be easier to use
Simplification of the use of bitcoin can become a driver of its development, according to well-known bitcoin critic Mark Kyuban. During a subcast with Morgan Creek Digital CEO Anthony Pompliano, he made a number of comments about the functioning of the crypto industry.
Chinese State Bank Tests Digital Yuan Based Application
The State Bank of China Agricultural Bank of China (ABC) has begun testing an application developed on the basis of the national cryptocurrency being created.
Blackmoon Crypto Trading Platform Closes
The site, which was one of the first to announce the placement of tokens of the Telegram messenger (Gram) after their approval, Blackmoon Crypto, announced its closure. The main reason for this decision was called by management difficulties of functioning against the background of tight regulation by the authorities.
China will have a national blockchain council
The Chinese authorities have created a national council that will create industrial standards for the blockchain industry, The Block reports, citing the Ministry of Industry and Informatization.
Shenzhen and Huawei authorities will jointly develop blockchain technology
Last Friday, the Chinese Shenzhen authorities and representatives of the country’s largest telecommunications company Huawei signed a cooperation agreement, under which they will jointly develop innovative technologies. About this writes the publication Global Times in its social network.
Peter Schiff again gave a negative forecast for the price of bitcoin
Bitcoin “will fall to the ground.” Such a prediction of the movement of quotes of the first cryptocurrency was given by an implacable critic of digital instruments, the chief global strategist of the investment company Euro Pacific Capital Inc. Peter Schiff on his social network.
European Parliament intends to expand the concept of cryptocurrencies
The EU Parliament has made a recommendation to expand the concept of digital assets and a list of regulated enterprises operating in the eurozone related to this type of activity. Thus, officials recognized that the Fifth EU Anti-Money Laundering Directive (AMLD5), adopted in 2018, can no longer meet the strict measures established by the FATF, therefore, the developers intend to bring the European version of the regulation in line with the international one.
Bitcoin Fold Joins Visa Program
The Bitcoin Fold crypto application has become a member of the Visa program aimed at creating its own fintech project debit card. With its help, holders will be able to earn bonuses from purchases in bitcoins and spend them at their discretion.
Fidelity will expand the range of services provided
The American holding company Fidelity will present its users more opportunities to work with financial assets. This decision was made after increased investor interest in the company’s proposals against the backdrop of the negative trend observed in traditional markets since March of this year.
