Thailand’s Central Bank Is Developing a Digital Currency Based on R3 Tech

Sep 17, 2020 at 20:30 UTCCoinDesk 20 Bitcoin Price IndexMarket Wrap: Bitcoin Slumps to $10.7K; Ethereum Fees Rise AgainBitcoin lost momentum Thursday while DeFi delirium pushes fees on Ethereum back up. Bitcoin (BTC) trading around $10,920 as of 20:00 UTC (4 p.m. ET). Slipping 0.73% over the previous 24 hours.Bitcoin’s 24-hour range: $10,735-$11,052BTC above its…

Millions of AVAX tokens – the native crypto of the Avalanche blockchain – will be unlocked on Sunday and distributed to key players in that ecosystem, adding a major 1.2% increase in total supply.The 9.3 million tokens entering circulation on May 27 were worth roughly $130 million at press time. They’re set to go to…

Four months after first announcing the creation of a dollar-backed stablecoin, cryptocurrency finance firm Circle is releasing it to the world. Circle co-founders Sean Neville and Jeremy Allaire wrote in a blog post Wednesday that its USD Coin (USDC), developed with help from the company's CENTRE affiliate consortium, would act as a mean to tokenize…

news Blockstack’s Stacks (STX) token can now be traded on the Binance and HashKey Pro exchanges, the company said Wednesday. The advance is set to expand investors’ access to STX – especially in Asia, where HashKey Pro is based and Binance is well-known. Muneeb Ali, Blockstack’s CEO, called Asia a “priority region” in a company…

The central bank doesn’t want to pull back asset purchases just yet, Powell said Wednesday.Federal Reserve Chair Jerome Powell(Federal Reserve, modified by CoinDesk)Jan 27, 2021 at 10:28 p.m. UTCFed Chair Powell: ‘We’d Welcome Higher Inflation’U.S. Federal Reserve officials voted Wednesday to keep monetary conditions at historically loose levels while waiting for the economy to heal.Chairman…

HSBC, one of the world's largest banks, said it plans to start a digital-assets custody service for institutional clients focusing on tokenized securities in conjunction with Swiss crypto safekeeping specialist Metaco.Once live in 2024, the custody service will complement HSBC Orion, the London-based bank’s platform for issuing digital assets, as well as a recently introduced

news China-based cryptocurrency mining giant Bitmain has decided to close yet another overseas office – this time in Amsterdam – as part of its ongoing business adjustments. In a statement shared with CoinDesk, a Bitmain spokesperson said that, while the company has not yet shut down its Amsterdam operation, the decision has already been made…

The private credit pool capped at $6 million USDC at the start was structured under Luxembourg securitization regulation and is open for accredited investors.The new pool, in partnership with fintech lender Karmen, is part of a potential 100 million-euro ($107 million) senior facility agreement with Karmen that hasn't been finalized yet, the platform said.06:22Philippines Taps

Dec 29, 2020 at 3:00 p.m. UTC(Original portrait by Trevor Jones)The Fight for Consumer Adoption Is Just BeginningFor the past three years, crypto developers have been fighting a shared enemy, a three-headed beast known as the blockchain trilemma. For every gain made on one front – security or decentralization – territory was ceded on another,…