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French Finance Minister Bruno Le Mayor proposed creating an EU digital currency. He stated this at an informal meeting of EU ministers of economy and finance in Helsinki, TASS reports. According to Le Mer, European countries should explore the best ways to reduce the cost of international transactions and increase their speed both within the EU and beyond. “I introduced […]

The Swiss Financial Markets Supervision Authority (FINMA) has published an addendum to the existing Initial Token Offerings (ICO) Guide. Focused on the so-called stable coins (stablecoins), it pays special attention to the digital currency Libra from Facebook. In a document published on Wednesday, September 11, FINMA confirmed that the Geneva-based Libra Association had requested the regulator to […]

The international interbank system SWIFT does not see a competitor in digital currencies, reports Fintech Futures. “They [cryptocurrencies] are falling in price like yo-yo, they are useless and unstable,” the system said at a briefing in London. The only digital currency with any potential in SWIFT is considered Libra from Facebook. Cryptocurrencies, in their opinion, can succeed only with the properties of Libra, in […]

The non-profit organization Stellar Development Foundation will conduct an airdrop of 2 billion XLM tokens (approximately $ 118 million) among users of the Keybase messenger. Today we're excited to announce we've partnered with @KeybaseIO for our largest distribution ever! Read the full announcement: https: //t.co/WV6XUmpRfx – Stellar (@StellarOrg) September 9, 2019 According to Stellar representatives, this is the largest coin distribution in the history of the project. […]

Blockchain technology is more likely to be brought under common standards by 2021. This is stated in a report published this week by the international rating agency Moody's. According to analysts, such standardization will have a positive impact on asset securitization using technology, as it will help reduce time and costs, as well as provide automation and more […]