Cryptocurrency Analysis and News Portal
The United States Federal Reserve is hiring a manager for its Retail Payments section in Washington, D.C.On Nov. 3, the U.S central bank posted a new job opening to its website, looking for a new manager who is expected to contribute to the research of digital currencies, stablecoins and
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END OF AN ERA – IMF boss & unannounced Ripple fan Christine Legarde steps down and takes on the job of running the ECB in just under two weeksThe XRP Community is buzzing for a live stream available on Twitter from the IMF later today, apparently currencies and payments are
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Major cryptocurrency exchange Binance has begun accepting fiat currencies through online payment service Alipay and mobile messaging and payment app WeChat, CEO Changpeng Zhao (CZ) confirmed in a tweet on Oct. 9.Zhao was quick to clarify that, while it is accepting fiat through the aforementioned services, it is not
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The Vanguard Group is testing a blockchain-powered platform that will allow asset managers to trade currencies while avoiding the big investment banks.On Oct. 3, Bloomberg reported that the United States-registered investment advisor group, Vanguard, is going after a piece of the global currency market that handles $6 trillion each
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One of the biggest disruptions to the crypto space this year has been the announcement of Libra from the tech giant Facebook (NASDAQ:FB) back in July. The white paper published by the company about its cryptocurrency resulted in a lot of chaos and eventually led to turmoil in the crypto
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Social media giant Facebook, which is currently trying to get regulatory approval for its Libra stablecoin project, reportedly shared details regarding the project’s proposed backing reserves.According to a report by Bloomberg on Sept. 9, Facebook told United States senators about the backing reserves for the stablecoin — a type
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Christine Lagarde, the Chair of the International Monetary Fund (IMF) has called for a balanced approach to cryptocurrencies and said that the financial supervisors and central banks should be more open to digital currencies, in an opening statement to the Economic and Monetary Affairs Committee of the European Parliament.The statement
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Jeremy Allaire, the CEO of blockchain-based, crypto-inclusive money transfer company Circle, said that the firm has long held that major fiat currencies would eventually be tokenized.Significant digital currenciesIn an interview on Aug. 21 on the podcast Global Coin Research, Allaire said that Circle has thought for years that sovereign
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