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  • Stablecoins Are Not Money, Says Fed Attorney

    Stablecoins Are Not Money, Says Fed Attorney

    A new paper from Federal Reserve attorney Jeffery Zhang and Yale economist Gary Gorton discussed a regulatory framework for stablecoins.

    Analysis

  • US Banking System Suffers Outage: Crypto Fans Cheer

    US Banking System Suffers Outage: Crypto Fans Cheer

    On Wednesday, the Fed's ACH experienced a banking outage lasting 14 hours.

    Business

  • IMF Cautiously Approves Central Bank Digital Currencies

    IMF Cautiously Approves Central Bank Digital Currencies

    The IMF has recently recommended to central banks worldwide to explore introducing what it terms CBDC, but to proceed with caution.

    Business

  • Bank of International Settlements Requesting Feedback for Crypto Regulation

    Bank of International Settlements Requesting Feedback for Crypto Regulation

    The Swiss-based body owned by 60 central banks is drafting a policy on crypto asset treatment, requesting comment from all stakeholders.

    Business

  • US Debt May Be a Bubble. Is That Good for Crypto?

    US Debt May Be a Bubble. Is That Good for Crypto?

    Analysts suggest that the Fed may be engaging in unsustainable debt practices resembling the 1930s.

    Markets

  • German Bill Encouraging Crypto Adoption Passes Bundesrat

    German Bill Encouraging Crypto Adoption Passes Bundesrat

    A new law in Germany allows banks to offer crypto sale and custody services starting in 2020, in addition to clarifications of its status.

    Business

  • Swiss Crypto Bank SEBA Launches With Support for BTC, ETH, XLM, LTC and ETC

    Swiss Crypto Bank SEBA Launches With Support for BTC, ETH, XLM, LTC and ETC

    SEBA crypto bank has now launched in Switzerland with support for traditional assets and BTC, ETH, XLM, LTC and ETC.

    Business

  • Libra Under Threat as European Central Bank Confirms Move Toward a Digital Currency

    Libra Under Threat as European Central Bank Confirms Move Toward a Digital Currency

    The European Central Bank is accelerating its plans for a digital currency that could undermine Libra's presence in Europe.

    Business