Cryptocurrency Analysis and News Portal
“Our partnership with Polygon Companies helps power a key part of our long-term stablecoin infrastructure, which brings bank-grade safety, speed, and security to stablecoins,” Jewel Bank’s founder and chairman, Chance Barnett, was cited as saying in the release. Source
Read More
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a
Read More
Angel investor Balaji Srinivasan says the collapse of crypto exchange FTX should be treated as “a preview of state failure.” He warned that one day U.S. dollar bank accounts “may be frozen or inflated to worthlessness,” emphasizing that the authorities “will show no interest in prosecuting.” Srinivasan cautioned: “That world
Read More
The monetary authority in Moscow has expressed support for the latest legislative attempt to legalize cryptocurrency mining. However, the regulator wants the extracted digital currency to be sold outside the country or only under special legal regimes in Russia, as an exception. Russia’s Central Bank Suggests Restrictions Be Added to Proposed
Read More
The potential benefits of a CBDC in the Australian context include its possibilities to enhance the country’s monetary and payment systems and support competition and efficiency in the payments system while reducing user costs.Australian central bank digital currency (CBDC) pilot has received over 140 use case proposals for members of
Read More
The proposal period will be open until January 31, 2023 for financial institutions and technology solution providers. Source
Read More
The country joins other jurisdictions in proposing standards for stablecoin issuance. Original Source
Read More
Raymond James says it remains bullish on the firm’s long-term prospects to deliver higher loan growth, operating efficiency and credit metrics, but says the bank’s plan to diversify its business model will likely result in slower growth and net interest margin (NIM) compression. Source
Read More
The Russian central bank continues to maintain an extremely negative stance on cryptocurrencies, proposing to ban local miners from selling coins to local people.The Bank of Russia has supported the idea of legalizing cryptocurrency mining in Russia as part of a draft bill introduced in mid-November 2022.However, the Russian central
Read More
As the Iranian government finds newer ways to impose restrictions on its people, the solidarity of the Iranian community is also worth talking about.Stories of brutal regimes unabashedly oppressing their people and consequently falling flat on their faces have existed throughout history. Seems like Iran is slowly inching toward its
Read More