Zambia, Overstock’s Medici Ink Deal on Blockchain Land Registry Pilot

news Treasury Secretary Steve Mnuchin said his executive agency was in line with other financial ministries of the Group of Seven (G7) regarding Facebook’s leap into cryptocurrencies. “There was a clear agreement from all G7 finance ministers and central bank governors that Libra in particular raises some very significant concerns, and cryptocurrencies more broadly,” adding,…

BTC has registered its first three-week winning trend since February. Dealers have seen massive call buying activity at the $75,000 strike price and beyond and put selling, according to Amberdata. Bitcoin (BTC) has notched its first three-week winning streak since February, according to data source TradingView. The upswing has been characterized by traders buying call

news Bitcoin might become “digital gold,” but first it needs to be used more in everyday business, Intercontinental Exchange’s chief executive said. During a quarterly earnings call Thursday, ICE head Jeffrey Sprecher said that he sees use in transactions as the prerequisite to bitcoin becoming a long-term store of value. The company’s Bakkt subsidiary, which runs…

President Biden needs to reform the global financial system and avoid a 1930s-style depression. Digital currencies can help. (Pool/Getty Images)Jan 22, 2021 at 5:57 p.m. UTCMoney Reimagined: Letter to President BidenWelcome to this week’s Money Reimagined, coming to you two days into a new U.S. presidency. Already, with various executive orders and a host of cabinet…

With BTC stalling and the price of silver soaring to eight-year highs, CoinDesk’s Market Daily is back with the latest news roundup.Add Markets Daily to your Alexa Flash Briefing here.This episode is sponsored by Nexo.io.Today's stories:As bitcoin trades in a range, traders are studying the “Grayscale premium” and watching traditional markets for clues to the…

Dec 2, 2020 at 2:16 p.m. UTCUpdated Dec 2, 2020 at 2:39 p.m. UTCVisa May Issue USDC Credit Card After Adding Circle to ‘Fast Track’ Program: ReportVisa on Wednesday is linking its payments network of 60 million merchants to the U.S. dollar coin (USDC) digital currency developed by Circle Internet Financial on the Ethereum blockchain,…

news Pennsylvania’s Department of Banking and Securities (DoBS) has clarified that crypto exchanges and service providers do not require a money transmission license to operate in the state. The DoBS published the new guidance for the local crypto industry on Wednesday, following a number of enquiries from businesses, it said. The department explained that as bitcoin and other cryptocurrencies…

Jack Schickler is a CoinDesk reporter focused on crypto regulations, based in Brussels, Belgium. He doesn’t own any crypto.Bittrex’s U.S. and Maltese arms processed $425 million in withdrawals since the exchange announced it would shut down its U.S. operations around April 1, its attorney told a Delaware bankruptcy court on Wednesday.The exchange filed for bankruptcy…

Staked ether (stETH) holders can now use their tokens to mint curve usd (crvUSD), a decentralized stablecoin issued by stablecoin swapping protocol Curve Finance.A proposal to allow crvUSD minting via stETH was passed by 100% of Curve DAO community members in a vote that ended Thursday morning. Users can put up their stETH holders as…