Coinbase UK Bitcoin Exchange customers have again gained access to the Fast Payment System (FPS), reports The Block. In August, London-based Barclays, an international bank based on unknowns, stopped serving Coinbase accounts. As a result, the exchange lost access to FPS and its users lost the ability to instantly deposit and withdraw British pounds. However, thanks to a partnership with ClearBank after […]
Author: BlockchainJournal
Patrick Harker, president of the Federal Reserve Bank of Philadelphia, a member of the US Federal Reserve, called the "inevitable" transition to digital currencies . His statement was quoted by Reuters on October 2. Harker agreed that in the future, central banks, including the US Federal Reserve, will somehow issue digital currency, but warned that the United States does not intend to be the country to take such a step first. Speaking at a conference of members of the banking community, Harker said: “Honestly, I don’t think that we, as a nation, should be the first to do this. Digital…
The Libra cryptocurrency project association unveiled its first roadmap, which mentions the key challenges and achievements of the Calibra team. The roadmap lists four key milestones that developers intend to achieve before launching the main network. All of them are indicated by the number of nodes that the project partners will manage – from 5 to 100. “One of the methods we use to measure project success is related to the number of launched nodes managed by various partners, ” the publication says. The ultimate goal of the main chain is the presence of nodes in all partners. Each node…
On September 15, a two-day hackathon for developers of decentralized applications on the æternity platform (æpps) ended in Prague. The main prize was won by the Identity of Things project, which proposed a solution for authenticating products using blockchain technology. The Identity of Things project team plans to use ultra-thin information chips to authenticate branded items and medicines, as well as track supply chains. […]
After entering into partnerships with the Ripple project, in particular with the Xpring division, the payment service provider announced support for the Ripple altcoin. According to the press release, BitPay customers will now be able to use the third cryptocurrency in terms of market capitalization when making cross-border payments. As part of the collaboration, the company will also integrate BitPay Wallet with the Xpring developer platform. On the eve it became known that the Coil platform, designed to monetize web content, also begins to support Ripple. Coil also works with GateHub, the XRP Ledger service provider. The platform allows users…
Another innovation in the issue of cryptocurrency regulation: Russian lawmakers want to break them down into three types, taxing each of them with a separate framework. What will be the separation of cryptocurrencies in Russia? Deputy Minister of Finance Alexei Moiseev spoke about new ideas. A potential decision to divide cryptocurrencies into three types was made after the conference on the basis of the Russian Union of Industrialists and Entrepreneurs. Categories are invited to establish the following : Virtual assets – this includes coins like bitcoin ; Technical tokens – cryptocurrencies involved in maintaining one blockchain system ; Digital financial…
Bitcoin bull John McAfee on the eve explained why next year BTC could reach $ 1 million. McAfee, known for his bold assumption that Bitcoin will reach $ 500 thousand in 2020, has doubled its stakes on the future of cryptocurrency – in an interview with Forbes representatives, the programmer said that in 2020 BTC will increase to the level of $ 1 million per coin. McAfee believes that the main trigger for the growth of the BTC will be its deficit. It is known that the issue of cryptocurrency is limited to 21 million coins, a certain part of…
Bakkt cryptocurrency platform plans to increase the use of bitcoin and other cryptocurrencies in everyday purchases. CEO of Bakkt Kelly Loeffler and founder and CEO of the parent company Bakkt Jeff Sprecher Intercontinental Exchange say that Bakkt «negotiates" with consumer brands wishing to implement digital assets, reports Fortune. Starbucks already plans to install Bakkt payment software at its points, which customers can use for daily payments in bitcoins . It is reported that the coffee giant owns a "significant" stake in the company. Bitcoin has the potential to undermine the retail credit card industry, as it saves on fees. According…
Cryptocurrencies cannot be regulated by analogy with money or existing financial instruments. This was stated in an interview for the YouTube channel “Russian Norms!” By one of the initiators of the creation of the Belarusian High-Tech Park (HTP), investor of the Currency.com cryptocurrency exchange and founder of VP Capital, Viktor Prokopenya. “Cryptocurrencies are a new phenomenon, a new story. And under it you need to write your own rules with […]
As part of a global expansion, the South Korean bitcoin exchange Bithumb will launch a platform targeted at Russian-speaking users. This was reported in the press release of the company. “Russia is one of the largest economies in the world and an important investment market. Many Russian bitcoin investors have been working on the cryptocurrency market since the first years of its existence. Therefore, Russia became one of the first countries with which we started our […]