Wednesday, May 1, 2024

Swiss National Bank President Says Stablecoins Could Hamper Policy

Swiss National Bank (SNB) President Thomas Jordan said that stablecoins pegged to foreign currencies could hamper Switzerland’s monetary policy in some circumstances.Cryptocurrencies’ limited use as payment instrumentsOn Sept. 5, Jordan spoke at the University of Basel, saying that he is convinced that cryptocurrencies are of limited use as payment

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Blockchain Startup DappRadar Raises $2.33M From Naspers, Blockchain.com

Lithuanian blockchain startup DappRadar, a platform for discovering and analyzing blockchain-based decentralized applications (DApps), announced it raised $2.33 million in seed funding.$2.33 million to expand services On Sept. 5, DappRadar announced the closing of a $2.33 million seeding round, which was led by Naspers, a South African-based global internet and

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Ethereum’s Istanbul Hard Fork Implementation Delayed to Early October

Ethereum’s testnet activation of the Istanbul hard fork has been pushed back to early October, according to the community manager of the Ethereum Foundation, Hudson Jameson.According to CoinDesk on Sept. 6, Jameson said on a developers’ call that the testnet launch of the hard fork is now scheduled to

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Maltese Financial Regulator Will Actively Monitor Cryptocurrency Firms

The Malta Financial Services Authority (MFSA) says in its recently published strategic plan that it will actively monitor and manage business-related risks related to cryptocurrency firms.Monitor crypto firms to prevent crypto-related crimesOn Sept. 6, the MFSA published its three-year strategic plan for 2019–2021 which states the Malta financial regulator will

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