BIS inaugurates Toronto Innovation Centre with Bank of Canada
Bank of Canada Governor Tiff Macklem said that as finance evolves, the industry must innovate and apply new skills, allowing Canadians to benefit from advancements.
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A$DC rocks the Aussie dollar as ANZ bank mints first AUD stablecoin
Big 4 bank ANZ has become the first Australian bank to mint an Australia dollar (AUD) pegged stablecoin named “A$DC.”But rival bank NAB also has its own stablecoin project which is expected to launch by the end of the year.ANZ is working with local regulators such as AUSTRAC and APRA to get the project signed…

US Fed economists are exploring the “intrinsic” value drivers of CBDCs
Fed economists are beginning their deep dive into CBDC research, hoping to identify the “intrinsic" value drivers of a digital dollar. 900 Total views 15 Total shares The Federal Reserve has broadened its research on central bank digital currencies, or CBDCs, in a new review that was posted to its website Monday.In a report titled,…

Bitcoin Price Has 7% Chance to Hit $20K by End of 2019, Data Claims
Bitcoin (BTC) price is only 7% likely to hit its previous all-time high of $20,000 before 2020, according to market forecasts.The latest data appearing on social media courtesy of the Twitter analyst known as Skew, highlighted the odds for investors betting on the future Bitcoin price had been slowly decreasing throughout 2019. According to the data,…

US gov’t removes two crypto AML rules from national defense bill
The two provisions abolished from the National Defense Authorization Act centered around anti-money laundering (AML) issues linked to cryptocurrency. 395 Total views 10 Total shares The United States government has eliminated two provisions from the National Defense Authorization Act (NDAA) that were designed to address anti-money laundering (AML) concerns involving cryptocurrency.The NDAA is a legislation

Bitcoin Payments Gateway Purse is Reconsidering Closure, Cites Community Support
Having just recently announced plans to close shop, Bitcoin payments facilitator Purse.io says it is now reconsidering due to “an incredible outpouring of support from the community.” 930 Total views 18 Total shares Having just recently announced plans to close shop, Bitcoin (BTC) payments facilitator Purse.io says it is now reconsidering due to “an incredible…

Just Eat adds Bitcoin payments for 15,000 restaurants in France
The price of Bitcoin will be calculated depending on its current price on Bitpay and the delivery platform. Just Eat, a major British online food order and delivery platform operating across 13 countries, has added cryptocurrency payment support for its France subsidiary.The company has partnered with the cryptocurrency payment provider Bitpay to allow its users…

Ethereum still not ready for DeFi, say some critics
Ethereum needs to fix its problems. 581 Total views 15 Total shares As DeFi projects flock to Ethereum, experts warn the network is not yet ready to support the frenzy.Martin Froehler, a mathematician, former hedge fund manager, and founder of Austrian crypto trading platform Morpher, told Cointelegraph that although Ethereum is the “best thing [the…

Blockchain security firm warns of new MetaMask phishing campaign
Blockchain security firm Halborn has warned users of the latest phishing emails doing the rounds. 275 Total views 2 Total shares A cybersecurity firm has issued warnings over a new phishing campaign targeting users of the popular crypto wallet MetaMask.In a July 28 post written by Halborn's technical education specialist Luis Lubeck, the active phishing…