German Finance Minister Olaf Scholz called on the government and regulators not to accept parallel currencies like Facebook’s stablecoin Libra. During a panel discussion in Berlin, Scholz stated that the stablecoin Libra would be “unconditionally rejected.” “We cannot accept a parallel currency. We need to reject it, ”he said. Reuters reports that the German government…
Not good news about the long-awaited ETF from VanECK and SolidX. The exchange on which this ETF would be offered, Cboe BZX Exchange, announced yesterday that they had withdrawn the proposal. Delay comes with a cancellation According to an official report (at the SEC) of 17 September, the proposal was actually withdrawn on 13 September….
American financial giant Wells Fargo plans to launch Wells Fargo Digital Cash, a settlement service, on its own blockchain platform, which will compete with JPM Coin. The press release notes that Wells Fargo Digital Cash will make the company’s operations more noticeable and that payments will be made in real time. Also, the settlement service…
VanEck and SolidX have withdrawn their application for the launch of an exchange traded fund (ETF) for bitcoin, filed with the US Securities and Exchange Commission (SEC). SEC repeatedly postponed the decision to approve applications from VanEck and SolidX, as well as other companies. In August, the Commission again postponed decision-making on ETF applications from…
The bill on the prohibition of cryptocurrencies, which is being approved by the Government of India, has already led to the fact that some cryptocurrency companies are changing their jurisdiction. Local edition of Economic Times helda study of the mood in the cryptocurrency industry of India and it turned out that some companies are already…
The value of ether has increased by almost 15 percent since the beginning of September. The exchange rate is around 200 dollars, converted to 181 euros. Ethereum is working on a good month, the coin writes green numbers almost every day. The largest altcoin thus seems to be heading its own course, and has not…
Libra members will have a discussion with 26 officials from global central banks, including the Bank of England and the US Federal Reserve. According to a report published by the Financial Times, the discussions will focus on how the crypto project will implement global regulations regarding financial transactions. Many representatives of central banks and financial…
HTC has announced its partnership with Bitcoin.com, in which the company will add support for Bitcoin Cash to its Exodus 1 blockchain smartphone. A pre-installed Bitcoin.com wallet will appear in blockchain smartphones, which will be included in the Exodus 1 software update. Through Bitcoin.com, it will also be possible to purchase Exodus 1 and all…
The Hedera Hashgraph platform announced the launch of a public beta of its blockchain. The developers claim that the network is faster than Ethereum and Bitcoin. Previously, blockchain testing took place in a closed beta mode, available only to some developers. The Hedera team said that the network can support up to 10,000 transactions per…
Authorities in China’s Inner Mongolia Autonomous Region have issued a notification calling on cryptocurrency mining companies to cease operations, according to ChainNews. China has enjoyed the status of the world’s hub for cryptocurrency mining, as it hosts much of the crypto miners who seek cheap electricity. Inner Mongolia was among the Chinese regions where many…
