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US Congress Examines Draft Stablecoin Bill While Facebook Will Not Launch Libra Until US Regulators Approve

The United States Congress has been considering drafting a bill that argues that all managed stablecoins must be treated as investment contracts and hence are securities.  Sylvia Garcia, the US Representative for Texas’ 29th congressional district, drafted a bill, “Stablecoins are Securities Act of 2019,” stating that stablecoins should be regulated under the Securities Act of 1933. The draft bill noted that … Continue reading US Congress Examines Draft Stablecoin Bill While Facebook Will Not Launch Libra Until US Regulators Approve

Central Bank Digital Currencies Unmasked by Dr. Alicia Garcia-Herrero at Natixis

Central bank digital currencies (CBDCs) have increasingly sparked interest in recent years. With the notion of China’s central bank, People’s Bank of China (PBoC) announcing its plan to issue its digital currency (DCEP) and Facebook’s Libra stablecoin emergence, the world has been paying more attention to CBDCs.  Alicia Garcia-Herrero, Asia Pacific Chief Economist at Natixis shared her insights into … Continue reading Central Bank Digital Currencies Unmasked by Dr. Alicia Garcia-Herrero at Natixis

Ethereum Co-Founder: Facebook Not Fit to be Libra’s Driving Force

Joseph Lubin, Ethereum’s co-founder, has asserted that Facebook should not spearhead the Libra project based on the concerns raised about its reputation. He, however, proclaimed that he is a huge fan of such projects. Lubin noted: “I don’t believe that Facebook … with the concerns that we have with respect to trust and personal identity … Continue reading Ethereum Co-Founder: Facebook Not Fit to be Libra’s Driving Force

Bitcoin Purchase Made Possible By Dropbit Through Apple Pay and Google Pay

It is now possible to purchase Bitcoin on Dropbit wallet through Apple Pay or Google Pay. This news was announced in a Medium post by Coin Ninja on November 5. Prior to this announcement, Dropbit was only used to send and receive Bitcoin, which can be done by using just the phone number of the … Continue reading Bitcoin Purchase Made Possible By Dropbit Through Apple Pay and Google Pay

Australian Companies Signed Deal to Develop Blockchain-Driven Virtual Power Plants

Power Ledger, a Perth-based energy trading software company, and Powerclub, an Australian electricity wholesaler, have signed a deal to offer households unparalleled authority over their energy usage via blockchain.  Power ledger is famed for its blockchain-enabled peer-to-peer framework that prompts energy trading between households. The commercial partnership, therefore, seeks to enable Powerclub users to pool … Continue reading Australian Companies Signed Deal to Develop Blockchain-Driven Virtual Power Plants

Dr. Alicia Garcia-Herrero's Take on China’s CBDC and Facebook’s Libra

In Part 1 of our interview with Alicia Garcia-Herrero of Natixis, we took a deep dive into the impact of central bank digital currencies (CBDC) regarding monetary policy and financial stability. In Part 2 of the interview, Garcia-Herrero explained the disruption of China’s CBDC – digital currency electronic payment (DCEP) on China’s monetary system. She also commented on the … Continue reading Dr. Alicia Garcia-Herrero's Take on China’s CBDC and Facebook’s Libra

EIDOS Token Airdrop Causes Congestion Problem in EOS Blockchain Network

Recently, blockchain technology has received much attention because of the increase of cryptocurrencies like bitcoin and its potential to act as a catalyst for financial and economic change. Though tokenomics have assisted in propelling blockchain into the mainstream, the abilities of this technology extend far beyond cryptocurrency. Blockchain was designed to be a decentralized network. … Continue reading EIDOS Token Airdrop Causes Congestion Problem in EOS Blockchain Network

The Coffee Board of India Views Blockchain-Driven Platform as the Holy Grail

At least 30,000 coffee farmers have signed up for a blockchain-driven electronic-market platform since it was launchedby the Coffee Board of India (CBoI) in March.  Realistically, during its inception, this platform only attracted 23 farmers, and only 100 tonnes out of the country’s 320,000 tonnes of coffee generated in the 2018-19 period were sold through … Continue reading The Coffee Board of India Views Blockchain-Driven Platform as the Holy Grail

A Dragonfly Researcher Breaks Mimblewimble’s Privacy, Proving That The Model Is Flawed

It is quite a pity that the esteemed privacy of Grin has been tampered with by a Dragonfly researcher who was able to unearth the real addresses of senders and receivers of up to 96% of transactions carried out in Grin’s blockchain. The researcher shared this on a Medium post on Nov.18. The researcher claimed … Continue reading A Dragonfly Researcher Breaks Mimblewimble’s Privacy, Proving That The Model Is Flawed

Liberland Aid Foundation Launches Cryptocurrency Fundraising Program

The Liberland Aid Foundation (LAF), the humanitarian arm of the Free Republic of Liberland, now accepts donations via cryptocurrencies like Bitcoin. The LAF relies on the core philosophies of freedom, voluntarism, and charity to guide its program. The vision of the foundation is to engender trust between partner nations and assist humanitarian efforts to help … Continue reading Liberland Aid Foundation Launches Cryptocurrency Fundraising Program

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