Media: Facebook will launch its crypto asset in January 2021
Electronic currency from the largest social network Facebook may appear as early as 2021, the Financial Times says. First of all, the token will be presented in a “limited format” (for now, only a tool that correlates with the US national currency will be available). The developers are currently awaiting a decision from the Swiss financial regulator (FINMA).
Media: United Overseas Bank will open a cryptoasset storage service
United Overseas Bank, based in Singapore, is developing a solution for storing digital instruments, according to The Block.
Ripple will sell 4 million shares of MoneyGram
Californian fintech company Ripple will sell part of 8.6% of its securities to MoneyGram. The deal is currently underway.
Huobi Launches New Platform In Malaysia
Huobi’s new crypto trading platform launched in Malaysia. The company will operate in this region in accordance with a license obtained from the local regulator in September.
Crypto exchange KuCoin resumes operation after hacker attack in September
The KuCoin crypto exchange is working normally again after a hacker attack, which was recorded in September this year.
Crypto exchange KuCoin resumes work after hacker raid in September
The KuCoin crypto exchange is working normally again after a hacker attack, which was recorded in September this year.
Head of SoftBank Masayoshi Son talks about his experience of investing in bitcoin
Japanese billionaire, founder and CEO of the Japanese holding company SoftBank Masayoshi Son spoke about his experience of investing in digital instruments.
South African authorities will equate cryptocurrencies with financial products
Financial authorities in South Africa intend to equate digital currencies with financial products. The Financial Sector Supervisory Authority (FSCA) has already submitted a relevant regulation that will affect cryptocurrency service providers. For legal activity on the territory of the country, they will have to undergo compulsory registration.
Pantera Capital Names ‘Guilty’ Of Bitcoin Deficit
The launch of PayPal, a cryptocurrency service that allows customers to buy, sell and store digital currency directly from their accounts, has catalyzed the Bitcoin shortage, analysts at investment firm Pantera Capital say. The demand for the first cryptocurrency is also tracked in Square’s Cash App, which records the purchase of 40% of all issued bitcoins.
Xi Jinping to G20 participants: authorities’ attitude towards CBDC should be more friendly
President of the People’s Republic of China Xi Jinping called on the G20 participants to approach the adoption of digital instruments by central banks in a more friendly and open manner.

