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According to this video (to be confirmed), Chinese Central Bank will launch digital currency called DCEP. To be tested and onboarded with commercial banks first. More on this story soon. https://twitter.com/blockjournal/status/1188797999901597697
"We must take blockchain as an important breakthrough for independent innovation of core technologies, clarify the main directions, increase investment, focus on a number of key technologies, and accelerate the development of blockchain and industrial innovation." Xi Jinping, Chinese president
The United States congressman who said the country should ban cryptocurrency returned to publicly slating the phenomenon this week. Sherman: Crypto could “achieve its objectives” During the latest hearing over Facebook’s Libra digital currency on Oct. 23, Brad Sherman used his chance to speak to deliver fresh criticism of cryptocurrencies such as Bitcoin (BTC) and their alleged use cases. Sherman,...
SAN FRANCISCO — The Trump administration acted to deflate the bitcoin bubble of 2017 by allowing the introduction of futures products, a former official said Monday. Christopher Giancarlo, who left the U.S. Commodity Futures Trading Commission (CFTC) at the end of his five-year term as chairman in April, told CoinDesk in an interview: “One of the untold stories of the...
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Web browser Opera now allows making payments with Bitcoin (BTC) directly inside the browser. The company announced the news in a press release shared with Cointelegraph on Oct. 21, detailing that Opera’s 350 million users can now send and receive BTC directly from the browser, as well as use the cryptocurrency for purchasing goods and services on e-commerce websites. Additionally,...
IFinex, the parent company of major cryptocurrency exchange Bitfinex filed a discovery application to regain access to $880 million in funds. Discovery is a law allowing each party to obtain evidence from the other party or parties through the law of civil procedure before the actual trial. According to the application and supporting declaration by Bitfinex chief financial officer Giancarlo...
Telegram has notified investors that the TON blockchain project will be launched later than planned, pushing the deadline from Oct. 30 to April 30, 2020. In an email to investors reviewed by CoinDesk, Telegram cited its recent run-in with the Securities and Exchange Commission (SEC), which obtained a restraining order prohibiting the messenger app company from launching TON and issuing...
Telegram could delay the original plan of issuing its own cryptocurrency on the Telegram Open Network by Oct. 31 after the U.S. Securities and Exchange Commission (SEC) ordered it to halt the allegedly “unlawful” token sale in the country. According to a report from Bloomberg on Monday, Telegram sent a note to investors saying it is considering ways to resolve...
The United States Securities and Exchange Commission (SEC) has rejected a proposal to list a Bitcoin (BTC) exchange-traded fund (ETF). In an announcement on Oct. 9, the Commission stated that the ETF filing from Bitwise Asset Management and NYSE Arca did not meet the necessary requirements. Specifically, regulators stated that the applicants did not meet the necessary requirements regarding possible...
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