North Carolina resists the CBDC tide with new payments ban

Thomas Farley, former chief operating officer of the New York Stock Exchange, is "sanguine" about recent price action. 1265 Total views 7 Total shares Bitcoin (BTC) is on a “lower left to upper right trend” and its volatility should not scare investors, the former head of the New York Stock Exchange says.In an interview with…

The recently elected president of the Swiss Crypto Valley Association (CVA), Daniel Haudenschild, declared that the crypto bear market has damaged Switzerland’s position as a global blockchain hub. Haudenschild made his comments in an interview with major local media outlet Swissinfo, Feb. 4.Haudenschild officially took office as the president of the CVA on Jan. 31,…

Cryptocurrency and blockchain firms are attracting billion-dollar valuations as the space continues to see major investment in 2021. The likes of exchanges Coinbase and Kraken have had mind-boggling numbers attached to their plans to raise funds, with the former set to go public through a direct listing and the latter preparing for a lucrative fundraising…

A crypto platform has unveiled a new Smart Trading feature that enables existing strategies to be executed with ease — cutting down the steps required to complete a trade so that users can react faster to ever-changing markets.Through Kryll, crypto enthusiasts can easily choose the exchange they wish to use for buying or selling cryptocurrency,…

The Standing Committee of the 13th National People's Congress in China has passed a new law regulating cryptography on Oct. 26 that will take effect on Jan. 1, 2020, reports local news outlet CCTV. Per the report, the new regulatory framework aims to set standards for the application of cryptography and the management of passwords. The…

Enterprise blockchain platform Ontology (ONT) plans to launch a version of the regulated USD-backed stablecoin Paxos Standard (PAX) on its own blockchain. The company announced the news in a press release published on April 27.Per the release, the new token (PAXO) will be based on Ontology’s OEP-4 token standard, which will enable atomic swaps between…

Federal Reserve Chair Jerome Powell said there needs to be broad satisfaction with the way Facebook is handling regulatory concerns regarding its forthcoming stablecoin Libra. Powell gave his comments in a hearing before the House Financial Services Committee on July 10.Rep. Steve Stivers asked Powell during the meeting, “if Facebook can’t sufficiently answer your questions…

Over the past week Ether (ETH) has shown that it is not permanently hinged to Bitcoin’s (BTC) price action and notably, a number of altcoins are also beginning to forge their own paths higher. Ethereum breaks through key resistanceClose analysis of the ETH/USD and ETH/BTC chart shows rumblings of a bullish breakout, but there are still…

Blockchain technology and smart contracts are helping to expand the residential mortgage market beyond the grip of big banks and governments. 852 Total views 11 Total shares Decentralized mortgage lender Bacon Protocol has minted its first seven mortgages as nonfungible tokens, or NFTs, offering investors and borrowers new options for accessing the residential mortgage market. The…