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How RUSH is Changing Cross Border Payments


Disclaimer: The text below is a press release that was not written by Cryptonews.com. The US dollar is the most common currency used for cross border settlement between various countries and big corporations with the help of the traditional banking system. According to a report by the Balance,...

Bitcoin’s Gold Rush


Powered by Every week, IntoTheBlock brings you an on-chain analysis of top news stories in the crypto space. Leveraging blockchain’sContinue Reading The post Bitcoin’s Gold Rush appeared first on CoinMarketCap Blog

Fed Is In No Rush With Decision on Digital Dollar - Governor


Lael Brainard. Source: a video screenshot, Youtube, CNBC Television Following speculations about a potential upcoming digital version of the US dollar, an official with the US Federal Reserve revealed yesterday that the central bank is indeed experimenting with distributed ledger technology (DLT)...

Major Chinese Banks Bar Customers From Buying Gold, Precious Metals


Major Chinese banks have taken measures to prevent customers from buying gold, platinum, palladium, and other precious metal-related products through them. The Shanghai Gold Exchange also says it may take necessary measures to curb gold trading to “protect investors.” Chinese Banks...

Bitfinex, Binance Rush to Capitalize on Dogecoin Fever


With dogecoin (DOGE) now up by another 18% in the past 24 hours, exchanges are rushing to capitalize on the fever, launching both spot and futures markets in an effort to extract more money from hopeful investors. The latest exchanges to announce that they will join the race now is Bitfinex...

Chinese Media Outlets Rush to Distance the Digital Yuan from Bitcoin


A number of Chinese media outlets have published reports outlining the central bank’s plans for the digital yuan, which is set to make its debut at testbed sites next month, with some keen to point out that the new token “is not bitcoin (BTC) or ethereum (ETH)” and will not lead to a rise in crypto...

Bitgo to Offer Regulated Crypto Custody in Switzerland and Germany


European crypto exchanges, as well as other companies with significant crypto holdings they need to protect, now have another option for cold storing their digital fortune. Bitgo is expanding out of the U.S. and into Europe with two new companies in Switzerland and Germany. Also Read: German...

Japanese Firms SBI and GMO Join the Digital Gold Rush in Texas


The city of Rockdale, Texas is attracting attention again, similar to the interest the region saw back in the fifties when the Alcoa aluminum smelting facility set up shop. These days, Rockdale’s change is due to the influx of bitcoin miners coming to town from all around the world....

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