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Only 27% of German residents consider using Facebook's Libra digital currency as a means of payment. This is evidenced by a survey conducted by the Toluna Market Research Institute for Creditplus Bank AG and the local publication WirtschaftsWoche. 73% of the 2,000 people surveyed exclude the possibility of using Libra. Almost half of them do not trust Facebook, and 31% are skeptical […]

Bank of America, the second largest U.S. bank, has publicly tested the Ripple distributed ledger technology and may have further plans in this direction, CoinDesk reports. A Ripple spokeswoman did not confirm or deny whether the bank is a client of fintech startups, noting only that the parties conducted a joint pilot project. She did not disclose other details. As the publication recalls, BoA is included […]

The US Federal Reserve is actively considering the possibility of issuing digital currency, fearing the dollar will lose its leading position in the global financial system. This was stated by President of the Federal Reserve Bank of Dallas Rob Kaplan, reports CoinDesk. In his opinion, if a foreign government or company issues digital money that will be widely recognized, this could lead to the loss of the world's reserve status by the dollar […]

Law enforcement agencies in the United States and South Korea have closed the largest darknet market for child pornography, through which more than 1 million videos have been distributed. Calculations on it were made in bitcoins. South Korean National and Hundreds of Others Charged Worldwide in the Takedown of the Largest Darknet Child Pornography Website, Which was Funded by Bitcoin https://t.co/jW7ZHheJD9 pic.twitter.com/IBJvyuDO26 – Justice Department (@TheJusticeDept) October [ …]

Layer1-backed Digital Currency Group (DCG) raised $ 50 million from a number of well-known venture capitalists, including PayPal co-founder Peter Thiel. According to The Block, thanks to the successful closure of the Series A financing round, the company's market value reached $ 200 million. Initially, the company focused on supporting the Grin ecosystem of confidential cryptocurrency. However, now the San Francisco-based firm intends to focus on […]