The G20 said that stablecoins threaten the global monetary system and financial stability, and asked the IMF to assess the risks associated with them, reports Reuters. G20 countries will develop stablecoins based on recommendations from the Financial Stability Board (SPS) and the Anti-Money Laundering Development Group (FATF), which will provide relevant conclusions in 2020. “Until […]
Finance
James Dimon, CEO of JPMorgan Chase, believes that Facebook’s unrealized Libra project has a great idea, but the organizers will…
The Poloniex cryptocurrency exchange announced a reorganization of the company structure and a number of other major changes. 5/5: Please read this blog post for additional information: https://t.co/jisUlJtq7L – Poloniex Exchange (@Poloniex) October 18, 2019 First of all, Poloniex will separate from the parent company Circle. As a result, a new company is formed – Polo Digital Assets, Ltd, which will be supported by a certain “large investment group”. […]
US Rep. Warren Davidson said adding Bitcoin (BTC) to Calibra's wallet would be a “better idea” than creating social media…
Terrorists have increasingly used cryptocurrency-oriented cryptocurrencies to finance their activities. This was stated by the director of the FSB, Alexander Bortnikov, at an international meeting of heads of special services, security agencies and law enforcement agencies, RIA Novosti reports. “So-called confidential cryptocurrencies are increasingly being used, guaranteeing the anonymity of transactions, unlike Bitcoin and its analogues,” Bortnikov emphasized. The head of the FSB […]
A recent report from G7 suggests that global stablecoins can be dangerous to the stability of the financial system. The…
Graduate of the aeternity acceleration program AMPnet has announced a partnership with the international environmental organization Greenpeace. AMPnet is a platform for investing and managing energy cooperatives on a white-label basis (under its own brand partner). Greenpeace intends to use AMPnet to finance renewable power plants around the world. Greenpeace Named Earthboost Investment Platform This was reported by the CEO of AMPnet Mislav Javor […]
The State Duma will not have time to pass the bill “On Digital Financial Assets” by the deadline set by Russian Prime Minister Dmitry Medvedev. This was stated by Chairman of the State Duma Committee on the financial market Anatoly Aksakov, reports TASS. At the same time, he believes that the regulation of cryptocurrencies of the Central Bank of the Russian Federation will be entrusted with a compromise decision: “A compromise, I believe, is to give such an opportunity [to use cryptocurrencies in the Russian Federation] and […]
According to Forbes Media Group President Steve Forbes, bitcoin is helping people around the world stand up to governments that…
The United Nations Children's Fund (UNICEF) has established a cryptocurrency fund to accept donations in bitcoins and Ethereum. Digital assets will finance open source technologies for children and youth around the world. UNICEF became the first organization in the UN that transacts in cryptocurrency, the fund said in a press release. “If the digital economy and currencies have […]