The international Financial Action Task Force announced it sees high risks of using stablecoins in money laundering and terrorist financing. FATF calls for stronger industry regulation.
One of the largest cryptocurrency exchanges Coinbase plans to run an IPO in 2020. It will be the first US-based cryptocurrency exchange to be traded publicly.
Over time, global regulators will require tighter control over the movement of centralized stablecoins, said Linda Xie, co-founder of Scalar Capital. There are almost 40 addresses on the Tether blacklist, and USDC has one.
DeFi projects keep frozen record $2.02 billion. In less than half a year, this figure has doubled. According to analysts, the market situation for DeFi projects resembles an ICO bubble.
ENCRY FOUNDATION Technology and Innovation Director Andrei Chmora will give speech at Digital Summit 2020
The Digital Summit 2020 conference is dedicated to 8 cornerstones of the digital economy: mining, DAO, exchanges, venture investments, development, projects, sales and marketing in cryptocurrency projects.
The digital yuan, designed by People’s Bank of China, is unlikely to become more popular than USDT in Asian markets, an expert from Genesis Block believes.
Decentralized marketing – a revolutionary technology based on smart contracts that guarantee reliability and transparency.
According to Chinese media reports, the country's largest bitcoin investor, Zhao Dong, was detained by police. The arrest occurred against the backdrop of reports of massive lock-ups in Chinese banks of user accounts suspected of working with cryptocurrencies.
I learned about the crbcrypto.io project recently, but I was pleasantly surprised by the convenience and capabilities of this platform.
Paxful, a peer-to-peer platform for buying and selling cryptocurrency, for the first time outperformed LocalBitcoins in terms of transaction volume. This was facilitated by tighter identification requirements and ban on cash transactions at LocalBitcoins.
Large Bitcoin investment funds expect cryptocurrencies to rise after announcements of new government support programs in the United States. Bitcoin can go up to $50,000.
The cost of gas required to complete transactions in Ethereum increased by 500% since April. This complicates the work of decentralized applications on Ethereum.
Kazakhstan adopted a law on the regulation of cryptocurrencies. Bitcoin is recognized as property, but its issue, circulation and use as a means of payment is prohibited.
The US Securities Commission (SEC) and Telegram agreed on a settlement. According to it, Telegram is obliged to return $1.22 billion to Gram buyers and pay a fine.
Chinese bitcoin miner Ebang plans to launch an initial public offering on the US-based Nasdaq on 26 June. The company hopes to raise more than $80 million during the IPO.
PayPal and Venmo will launch a joint service for buying and selling cryptocurrencies. This will happen in the next three months, sources familiar with the project say.