Friday, August 23, 2019

Expert: Walmart Crypto Project More Agreeable to Lawmakers Than Libra

A senior policy analyst has predicted that Walmart will have an easier time getting regulatory approval for its proposed cryptocurrency than Facebook. A senior policy…

Central Banks to Hedge Dollar Risks with Bitcoin, Pompliano Predicts

Crypto bull Anthony Pompliano predicted that every central bank will be buying Bitcoin to hedge risks to the United States dollar. Every central bank will…

Arizona to Test Marijuana-Oriented Stablecoin in State Fintech Sandbox

An Arizona startup is testing its stablecoin payments platform for the medical marijuana industry through the state’s fintech sandbox. The state of Arizona has accepted…

The Next Big Financial Meltdown Is Around the Corner, Many Voices Warn

“The economy is looking great,” how many times have they told you that? And why do you usually hear it when you are late on…

US Treasury Secretary Shares Trump’s Concerns on Crypto, Stresses Compliance

The United States Treasury Secretary echoed President Trumps’ recent tweets on crypto as a speculative asset largely used to fuel illegal activity. United States Treasury…

Ex-PBoC Governor: China Must Take Precautions Against Libra Trend

The former People’s Bank of China governor says “China should take precautions” against the trend represented by Facebook's Libra cryptocurrency. The former governor of the…

Trump Wants to Print More Fiat: Underlines Bitcoin’s “Safe Haven” Status

In the years ahead, bitcoin (BTC) may have the high ground as a uniquely uncorrelated safe haven asset if trade and currency tensions continue flaming…

US Cryptocurrency Exchange ErisX Receives License for Crypto Futures

ErisX has received a DCO license from the U.S. CFTC, supplementing its DCM license and allowing for the regulated trading of crypto futures. Chicago-based crypto…

Steve Forbes Tells Zuckerberg: Use Gold to Back Libra, Call It the ‘Mark’

Steve Forbes claimed that gold backing is the basic condition for Libra to become “one of history’s truly seminal creations.” Steve Forbes, Chairman and Editor-in-Chief…

Goldman Sachs ‘Looking at Potential’ of Creating Virtual Currency, CEO Reveals

Goldman Sachs chief executive David Solomon says he believes global payment systems are heading in the direction of stablecoins. Goldman Sachs is performing “extensive research”…
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