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Financial authorities in Hong Kong have announced a second phase of trials for mainland China’s digital currency. As part of the upcoming tests, the city will link the Chinese digital yuan to its domestic payments system to evaluate the CBDC’s usability in cross-border scenarios. Hong Kong Residents to Load E-CNY Wallets via Mobile Phones China … Read more
The digitization of traditional currencies like the euro has the potential to increase their international appeal, the European Central Bank says in a new report. A failure to offer a digital currency would endanger financial stability, ECB warns. The regulator is concerned about the prospect of tech giants dominating payments through their “artificial currencies.” Eurozone’s … Read more
Telegram Group, the company behind the TON blockchain project, has reportedly refused to share information with the SEC showing how much it spent of the $1.7 billion raised from investors in the past couple of years and where. In a recent court filing, the securities regulator alleges that Telegram has declined to provide bank records … Read more
The New York court reviewing Telegram’s contested coin offering in the U.S. has postponed a scheduled hearing on the case till February. The defendants, Telegram Group and its subsidiary TON Issuer, have been banned from distributing and selling the tokens. Investors who don’t want to wait for the launch of the blockchain project can receive … Read more
Having access to detailed and real-time market data is a precondition for becoming a successful cryptocurrency trader. Crypto Rocket is a mobile app that aggregates useful information about digital coins including price movements and the latest developments in the space. Also read: BCH Merchant App Allows Businesses to Accept Crypto Payments in Store Prices, Charts, … Read more
With prices of major digital assets constantly in flux, traders need a reliable tool to calculate the value of their crypto holdings in fiat currency. The Price Converter developed by Bitcoin.com is one such instrument that’s accurate and easy to use. Also read: Exchangewar Lets You Compare Crypto Trading Platforms Calculator Provides Conversion Data for … Read more
As a Saudi oil minister once remarked, the Stone Age didn’t end because we ran out of stones. It seems it’s neither the deficit of a tool nor its deficiencies that make it obsolete, but rather the invention of new tools that do the job better. With increasing competition, will the U.S. dollar continue to … Read more
Earlier this year we witnessed a mini flash crash that hit the fiat currency markets. It took approximately seven minutes for the Australian dollar to plummet against the Japanese yen, which surged to levels that it had last held almost a decade ago. Like a number of fiat currencies, bitcoin is going through its own … Read more
An excessive number of regulatory agencies are interfering with the prospects of successful development of cryptocurrencies in Ukraine, according to a high-ranking representative of the country’s central bank. What the sector needs instead is proper regulations and laws that will allow it to grow, the banker insists. Also read: Cryptocurrency Exchanges Eye Russia for Expansion … Read more
Numerous online platforms specialize in tracking information pertaining to all cryptocurrencies on the market today. Bitgur has recently updated its platform and now tracks cryptocurrencies based on their overall volatility. Although it is evident there is a lot of speculation regarding the volatile nature of different projects, it remains a valuable metric to keep tabs on … Read more
