Tag Archives: Stablecoin

[ad_2][ad_1] SINGAPORE, Jan. 10, 2019 / PRNewswire / – Alchemint Foundation launched SDUSD addressing the importance of stablecoins in a volatile market by providing traders to stable currency to hedge against market fluctuations with the value of SDUSD pegged to 1-to-1 USD. SDUSD debuted on Alchemint's platform on 22nd December …

[ad_2][ad_1] IBM is exploring whether a cryptocurrency anchored to the US dollar may be a better option to make payments than other digital currencies, which tend to be volatile. The information giant is already a pioneer in blockchain business applications, using digital ledger technology that supports Bitcoin to help companies …

[ad_1] The Texas Banking Department may consider the stablecoins as money, making them and exchanges that affect them based on a series of laws and licensing requirements of Texas, according to a Supervisory Memorandum published on January 2nd. Supervisory Memorandum – 1037, published by the financial control body which examines …

[ad_1] CoinfloorEX, founded last year as a unit of Coinfloor based in London, the oldest British Bitcoin exchange, will be re-launched in February as a spin-off and will be renamed as CoinFLEX (Coin Futures and Lending Exchange). Domiciled in Hong Kong, the new exchange is physically launching cryptocurrency futures. Derivatives, …

[ad_2][ad_1] In the United States, both federal and state laws classify cryptocurrencies at various levels. Many states are friends of the new sector, while others are not so comfortable with its citizens investing in an unregulated financial sector. Texas, which believed to be one of the friendly states to blockchain …

[ad_2][ad_1] PwC, the global consulting and insurance company, has recently signaled its entry into the world of cryptocurrencies by announcing a partnership with the decentralized loan platform Cred. Cred (formerly Credit of Libra) was founded by PayPal technology veterans and intends to produce a full suite of cryptographic resources, including …

[ad_2][ad_1] Stablecoin can qualify as "money" according to the Texas law, according to the updated guidelines of the Bank's State Department. A memorandum published Wednesday by the Texas Banking Commissioner, Charles Cooper, illustrates how cryptocurrencies should be treated according to local and federal regulations, in particular adding details on how …

[ad_2][ad_1] Another Coinbase employee left the unicorn of the cryptocurrency industry for a smaller start. Vaishali Mehta, who worked as a senior compliance manager at Coinbase from November 2017 to November 2018, joined TrustToken last month as a compliance officer. "Crypto is an exciting place and I was lucky to …

[ad_2][ad_1] Happy New Year! 2018 was a volatile year for cryptocurrencies, including Bitcoin. The most popular cyrypto currency in the world has lost over $ 271 billion from its peak about a year ago. The market capitalization of bitcoins has fallen from $ 327 billion to $ 66 billion in …

[ad_1] The National Bank for Social Development of Brazil will launch a pilot for a stablecoin known as the BNDES token. The new token will be running on the Ethereum blockchain and will be supported 1: 1 by the Brazilian real. The information was released a few days ago from …