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Place/Date: Geneva, Switzerland - July 23rd, 2020 at 5:30 pm UTC · 4 min read Contact: WSA, Source: World Stablecoin Association VirgoX, a leading digital asset exchange, and Global Digital Assets (GDA Capital), a leading blockchain capital markets firm, announced the launch of
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Amid the massive growth of stablecoins in 2020, the cryptocurrency community is setting up an international stablecoin organization in Switzerland.Called the World Stablecoin Association, or WSA, the Geneva-headquartered organization is to be launched by cryptocurrency exchange VirgoX and blockchain capital markets firm Global Digital Assets, or GDA Capital. The WSA
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Bitcoin (BTC) and cryptocurrencies will not get their big break thanks to the problems with the fiat economy, says veteran trader Peter Brandt.In a series of tweets on July 22, the popular commentator forecast that in future, the world will resort to so-called special drawing rights (SDRs) based on multiple
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Big Four auditor PwC and Swiss blockchain investment firm CV VC have released a preview for its new periodical report devoted to the blockchain in various industries.Published on July 21, the report provides an overview of the upcoming full release featuring the top global blockchain companies focused on implementing blockchain
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This is one of those dramatic turning points in history. Covid-19 has already changed our daily lives, and its impact on society will be long-lasting. While we won’t fully grasp the magnitude of loss for some time, one thing is clear: traditional systems have failed us. It’s time for a new
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A new report by crypto research company Bitooda claims that China accounts for only 50% of global Bitcoin mining capacity, and the U.S. 14%.The data is in sharp contrast with earlier findings from the University of Cambridge Centre for Alternative Finance (CCAF), which put China’s share of the world
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Cryptograph has gone live with their new auction platform this week featuring original digital artwork by Crypto world leaders such as Vitalik
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In addition to the obvious advantages in the form of anonymity, accessibility, ease of use and low cost of transactions, cryptocurrencies have some serious drawbacks that impede their global adoption. The main one is the connection between crypto and crime. Everyone who has studied this topic even superficially knows that
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In the past year, three major financial oversight bodies have voiced concerns about threats to financial stability purported to be posed by stablecoins. While acknowledging the potential for enhanced payments efficiency, reports from the Bank for International Settlements, the United States Federal Reserve and, most recently, from the Financial Stability
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Worldwide, governments devote an estimated $9.5 trillion each year to public procurement — an average of approximately 15% of national gross domestic product. This money goes to public goods and services such as the construction of roads and the delivery of healthcare services, but it also tends to line the
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