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Switzerland-based fintech firm X8 AG has received a certification from the Shariyah Review Bureau for its ETH-based stablecoin, which is backed by 7 fiat currencies and gold Go to Source Powered by WPeMatico
U.S. researchers reveal that crypto mining consumes more energy than gold or platinum mining to generate one U.S. dollar Go to Source Powered by WPeMatico
This week, both the world’s largest diamond company and the world’s largest bank tapped into blockchain to track precious metals — here’s how it might help the industry Go to Source Powered by WPeMatico
At press time, the father of crypto has shot back up to $6,300 after falling to its lowest point in weeks. Recently, bitcoin was traversing the $6,200 range after sitting at $6,400 for some time. No one expected the currency to move all that much considering volatility has been at an all-time low, but move … Read more
The British government has vetoed the launch of a gold-backed cryptocurrency by the U.K.’s Royal Mint after stalwart U.S. exchange CME left the project Go to Source Powered by WPeMatico
The Financial Stability Board notes cryptocurrencies are not dangerous unless the market grows Go to Source Powered by WPeMatico
Swiss-based firm Tiberius Group AG has delayed the sale of its metals-backed token Tiberius Coin due to “unacceptably” high fees from credit card companies Go to Source Powered by WPeMatico
Venezuela’s president Nicolas Maduro has made several claims regarding his country’s digital currency this week. He announced the launch of the petro as a national currency on Monday, reportedly claiming that it is already “present in the world’s six topmost international exchange houses.” A new whitepaper has also been published showing that the petro is … Read more
Following some notable premiers in the genre recently, the next batch of stablecoins is on the way. A British startup is partnering with a bank to launch a GBP-pegged crypto, a Swiss commodities trader wants to mint a coin backed by metals, and a Mongolian telecom has been licensed to issue the country’s first digital … Read more
Swiss asset management firm Tiberius Group AG is going to issue a digital currency, which will be tied to the price of metals including aluminum, cobalt, and gold Go to Source Powered by WPeMatico
