• FACEBOOK RELEASES CRYPTOCURRENCY WHITE PAPER FOR LIBRA CURRENCY

    • 18 June 2019
    • Posted by: admincryptovalues

    Social media giant Facebook has released the white paper for its long-awaited cryptocurrency and blockchain-based financial infrastructure project today, June 18. According to the paper, Facebook’s global stablecoin is dubbed “Libra,” will operate on the native and scalable “Libra” blockchain, and be backed by a reserve of assets ostensibly “designed to give it intrinsic value.” Facebook states that the software that implements the Libra

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  • BRAZILIAN FINANCIAL AUTHORITIES ANNOUNCE REGULATORY SANDBOX FOR BLOCKCHAIN

    • 17 June 2019
    • Posted by: admincryptovalues

    Four of Brazil’s major financial authorities have come together to regulate emerging technologies, including blockchain. The Ministry of Finance, the Central Bank of Brazil, the Securities Commission, and the Superintendent of Private Insurance recently announced their intention to adapt new regulations to manage fintech and cryptocurrency advances. The regulations will affect Brazil’s securities, financial, and capital markets,

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  • THE INSIDE SCOOP ON WHY AT&T PULLED THE TRIGGER ON BITCOIN

    • 11 June 2019
    • Posted by: admincryptovalues

    “Whenever a Fortune 500 company accepts bitcoin, it’s always pretty interesting, because they don’t need the revenue,” says BitPay Chief Commercial Officer Sonny Singh, speaking to CCN. “And, the big brands are a little more conservative, while bitcoin is a newer payment option. You would think the cooler companies would be rushing to accept bitcoin before

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  • SC CONDITIONALLY APPROVES 3 CRYPTO-CURRENCY EXCHANGES

    • 5 June 2019
    • Posted by: admincryptovalues

    SC’s proactive regulation of cryptocurrencies and their underlying blockchain technologies will bring innovation in both old and new industries. KUALA LUMPUR: Securities Commission today announced it has conditionally aprroved three companies to operate digital asset exchanges or crypto currency exchanges in Malaysia. The three companies are Luno Malaysia Sdn Bhd, SINEGY Technologies (M) Sdn Bhd

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  • EUROPEAN BANK OFFICIAL DISCUSSES POTENTIAL BENEFITS OF CENTRAL BANK DIGITAL CURRENCY

    • 30 May 2019
    • Posted by: admincryptovalues

    A European Central Bank (ECB) official highlighted the benefits of central bank digital currencies (CBDC) while stressing caution in a speech published by the Bank of International Settlements on May 27. Vitas Vasiliauskas — Chairman of the Board of the Bank of Lithuania and a member of the Governing Council of the ECB — delivered his speech at the

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  • AT&T WILL NOW ACCEPT BITCOIN FOR YOUR PHONE BILL

    • 24 May 2019
    • Posted by: admincryptovalues

    US-based mobile users can now use bitcoin and cryptocurrency to pay their bill thanks to a new partnership between AT&T and BitPay. AT&T WILL TAKE YOUR BITCOIN Bitcoin’s path to mass adoption continues forward as major US telecom giant AT&T has announced that customers now have the option to pay their bills in cryptocurrency. The addition of

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  • GERMANY – BLOCKCHAIN RESEARCH LAB – CRYPTO ADOPTION

    • 22 May 2019
    • Posted by: admincryptovalues

    Who knows and who uses cryptocurrency? Representative results The Blockchain Research Lab looks to further the general understanding of the blockchain technology and therefore initiated a project to evaluate knowledge and use of cryptocurrency and blockchain technology. By conducting representative surveys, the aim of the project is to gain an understanding of the relevance of

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  • CRYPTO-ASSETS: IMPLICATIONS FOR FINANCIAL STABILITY, MONETARY POLICY, AND PAYMENTS AND MARKET INFRASTRUCTURES

    • 20 May 2019
    • Posted by: admincryptovalues

    This paper summarises the outcomes of the analysis of the ECB Crypto-Assets Task Force. First, it proposes a characterisation of crypto-assets in the absence of a common definition and as a basis for the consistent analysis of this phenomenon. Second, it analyses recent developments in the crypto-assets market and unfolding links with financial markets and

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  • FACEBOOK CRYPTOCURRENCY PROJECT ‘LIBRA NETWORKS’

    • 19 May 2019
    • Posted by: admincryptovalues

    Facebook has been highly secretive about its recent endeavor with cryptocurrency and blockchain. A more transparent approach could raise speculations in the market. Moreover, the regulations around cryptocurrency and payments have been unclear as well. Recently, the U.S. Senate Banking Committee sent an open letter to Founder Mark Zuckerberg, demanding the details about its cryptocurrency project: Libra. Furthermore,

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  • MICROSOFT LAUNCHES ION PROJECT ON BITCOIN

    • 14 May 2019
    • Posted by: admincryptovalues

    Microsoft has launched the first decentralized open source project of a top company based on Bitcoin’s blockchain. The project is called ION and is currently undergoing alpha testing. ION is a public network dedicated to decentralized identification (DID), is permissionless and implements the blockchain-agnostic Sidetree protocol on Bitcoin as layer 2. Microsoft is currently also the founding member of the Decentralized Identity Foundation

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