Amber Group calls for transparency after ZKX shutdown

The central bank digital currency project will test cross-border settlement between French and Swiss fiat currencies. 654 Total views 1 Total shares The Bank of France and the Swiss National Bank are teaming up with the Bank for International Settlements’ Innovation Hub to test a wholesale central bank digital currency (CBDC) system dubbed “Project Jura.”According…

The United Kingdom has announced forthcoming regulatory proposals for stablecoins and ongoing research into CBDC. 1566 Total views 21 Total shares The Treasury Department of the United Kingdom has revealed it is drafting proposals to regulate private stablecoins, while also researching central bank digital currencies (CBDC) as an alternative to cash.In an announcement published on…

Bitcoin held in long-term holder wallets has topped $10 billion amid its price falling below $60,000.

Blockchain, like many other emerging technologies, is enthusiastically touted as a solution to many of the world’s problems. Perhaps because of its relation to cryptocurrency or the narrative prophecies that surround them both, blockchain draws both criticism and praise from a staggering array of sectors.However, with the big blockchain push from Chinese President Xi Jinping…

Chinese crypto mining hardware giant Bitmain will launch a platform connecting global crypto miners with farm owners in October.World’s first resource to connect farms and minersThe platform, dubbed World Digital Mining Map (WDMM), will be officially launched during the World Digital Mining Summit (WDMS) taking place in Frankfurt between Oct. 8 and Oct. 10, Bitmain…

A Georgia state senator has reported to jail over allegedly lying about the theft of cryptocurrency mining equipment worth $300,000, The Guardian reported Dec. 27.Republican Michael Williams, who originally reported the alleged theft in May, made a false police report and gave a false statement, court documents claim.Williams had said servers with a value of…

Bitcoin (BTC) starts a new week under $30,000 as analysts’ predictions of a short-term support retest come true. The largest cryptocurrency saw a classic dive following its latest weekly close as its latest gains evaporated — will they return?Ahead of a fairly innocuous week for macro data releases, catalysts are likely to come elsewhere as BTC…

Bank of Ireland (BOI) executives have backed out of the testimony before the United States Government in the criminal proceedings regarding a $400 million worth money laundering scheme through cryptocurrency scam OneCoin.No testimony on voluntary basisAs fintech-focused news outlet FinanceFeed reported on Oct. 11, the U.S. Government filed a Letter with the Court on Oct.…

The term “synthetic asset” refers to a mix of assets that have the same value as another asset. Traditionally, synthetics combine various derivative products — options, futures or swaps — that simulate an underlying asset — stocks, bonds, commodities, indexes, currencies or interest rates. For example, rather than purchasing a stock, an investment firm may…