USA

German Finance Minister Olaf Scholz believes that the country should not lag behind other states or private companies with the issuance of digital currency, reports Wirtschafts Woche. “Such a payment system would be useful for the financial center of Europe and its integration into the global financial system. We should not leave this field of activity to China, Russia, the USA or any private players, ”[…]

Timofei Musatov, the lawyer of the alleged creator of the BTC-e bitcoin exchange, Alexander Vinnik, may be related to one of the companies through which $ 4 billion in cryptocurrency was laundered. The editor of ForkLog was informed by the owner of the MoneyPolo payment system Sergey Mayzus. Since November 2017, Meisus has defended his business reputation in the courts, which he claims to have suffered from allegations of his […]

Former US Fed spokesman Simon Potter said he saw no reason to replace the dollar in international payments with digital currency. Such a plan was previously expressed by the Chairman of the Bank of England, Mark Carney, reports BNN Bloomberg. “I don’t see any sound arguments in favor of something so complicated if we have huge and highly liquid markets in the USA. If not […]

Wells Fargo & Company, an American financial company, will launch Wells Fargo Digital Cash, a pilot blockchain service for internal payments, based on Corda Enterprise. According to a press release, Wells Fargo Digital Cash will provide almost instant international transfers between company branches using digitized funds (tokens). The company has already tested the concept on transfers from the USA to Canada. The launch of the project is scheduled for 2020 […]