Tether Froze $300K of Stablecoin Hacked After Victims Left Wallet Keys in Evernote

The US government is pursuing a civil forfeiture claim on the more than 300,000 units of the tether (USDT) cryptocurrency said to have been stolen earlier this year.

TA: Ethereum Stuck Below $410, Why It Could Correct Sharply Below $400

Ethereum is struggling to gain momentum above $410 and $420 against the US Dollar.

TA: Bitcoin Hesitates Above $13.2K, But 100 SMA Could Trigger Another Increase

Bitcoin price traded to a new monthly high at $13,352 before correcting lower against the US Dollar.

Kanye West: Bitcoiners Know the True Liberation of America and Humanity

US presidential candidate Kanye West professed his respect for bitcoiners during a podcast interview with Joe Rogan.

Bitcoin's market still has plenty to fear from OKEx halt

If I told you back in March that six months later, Bitcoin would be trading at over $13,000 while the biggest derivatives exchanges' executives were indicted by US authorities and the biggest crypto- The post Bitcoin's market still has plenty to fear from OKEx halt appeared first on AMBCrypto.

Should We Care if the US Is Falling Behind on CBDCs?

A reading of two recent op-eds on central bank digital currencies (CBDCs).

US Department of Homeland Security to Host Blockchain-Based Digital Wallet Event with $25K Reward

DHS Science and Technology Directorate (S and T) and Silicon Valley Innovation Program (SVIP) will host a virtual event for a Digital Wallets Challenge on Oct 27.

The US Election: Pullback Possible, But Neither Trump Nor Biden Won’t Stop Bitcoin

Bitcoin (BTC)’s strong summer has turned into a strong autumn.

The UK and US Clamping Down On Crypto Trading – It's Not Yet A Big Deal

Gavin Brown is the Associate Professor in Financial Technology ant the University of Liverpool. The sale and promotion of derivatives of bitcoin and other cryptocurrencies to amateur investors is being banned in the UK by the financial regulator, the Financial Conduct Authority (FCA).

Stablecoins Guide | Everything You Need to Know About Stablecoins

What are stablecoins? A stablecoin is a type of cryptocurrency that provides price stability and is backed by some reserve assets, (e.g., US dollar or gold).

Ethereum Bullish Breakout Pattern Indicates Fresh Rally Towards $450

Ethereum traded to a new monthly high at $422 before correcting lower against the US Dollar.

US Government Agencies Propose Changes to Funds Transfer Rules-Seek to Broaden Definition of Money to Include Cryptocurrencies

The US Federal Reserve Board and Fincen are seeking feedback on their proposal to lower the threshold at which financial institutions must collect and retain information on funds transfers.

Bitcoin Technicals Suggest Bulls Likely To Target Fresh High above $13.5K

Bitcoin price is trading nicely above the $13,000 resistance zone against the US Dollar.

XRP Moving Approximately $3,000,000,000 in Remittances From US to Mexico, According to Founder of Crypto Exchange Bitso

Ripple’s XRP-powered cross-border payment product, On-Demand Liquidity (ODL), is moving nearly 10% of the remittance volume from the US to Mexico, according to Daniel Vogel, chief executive of the Mexican crypto exchange Bitso.

Ethereum researcher Virgil Griffith files motion to dismiss North Korea conspiracy charge

Griffith argues that because his April 2019 conference presentation consisted of widely-available public information, he was not providing a "service" to North Korean officials Virgil Griffith, the former Ethereum Foundation researcher accused of conspiring to violate US sanctions against the Democratic People's Republic of Korea, filed a motion on Thursday to dismiss the charge against him on the grounds that prosecutors from the Southern District of New York have failed to properly state Griffith’s crime.  Griffith, 37, was arrested by FBI agents on Nov.

How US authorities are using old AML tools to crack down on crypto

With new changes to the Travel Rule up for discussion and a bevy of new cases in the courts, it's time to look at how US AML law is shifting to cope with crypto. The ease of laundering money in the US before 1970 boggles the mind.

Bitcoin price will 'bolt higher' if Biden wins, rise slower with Trump — Max Keiser

Max Keiser, Wall Street veteran and host of The Keiser Report, shares his thoughts on Bitcoin price breaking $13,000 and the US election in an exclusive interview with Cointelegraph Markets.

Kik Survives Legal Battle With the SEC, Kin Crypto to Continue Trading on Exchanges

The Kin Foundation has disclosed that both itself and the cryptocurrency has survived the dispute with the US SEC.

Prepping for Next Year’s Travel Rule: 25 US Crypto Service Providers Publish Compliance Solutions Paper

A great number of cryptocurrency businesses are preparing for the upcoming Financial Action Task Force (FATF) rules toward cryptocurrencies, specifically the Travel Rule.

US AML watchdog wants info on all international crypto transactions over $250

The proposed change would cut down FinCEN's longstanding $3,000 threshold.

Attack of the bots! Paxful fights off thousands of automated threats

Bad actors allegedly tried to brute force their way into accounts belonging to Paxful's users in an ongoing series of attacks. Paxful, a peer-to-peer cryptocurrency marketplace, has successfully defended against a number of serious threats, including 220,000 bot attacks and a variety of social engineering ploys — all in the span of two months. During the same time period, hackers managed to steal around $200 million worth of cryptocurrency from the KuCoin exchange, and another unconnected attack saw $5.4 million stolen from Eterbase. Paxful said that its alleged attackers attempted to use automated bots to brute force their way into accounts belonging to the project's users: “Bots, which are reported to generate about a quarter of global Web traffic, are de facto programs that emulate the actions of a real device for the purposes needed.

US Moves to Cast a Wider Net for Catching Money Launderers, Crypto or Otherwise

The Fed and the Financial Crimes Enforcement Network want to lower the threshold for reporting financial transactions and make sure crypto is included.

Kik’s Token Survives SEC Battle, No Barrier to Exchange Listings, Says Kin Foundation

The Kin Foundation says both itself and the Kin token have survived the recently resolved court battle with the US SEC over a 2017 ICO.

Ripple Executive Explains Why PayPal Is Excluding XRP From New Crypto Business

Ripple’s chief executive Brad Garlinghouse is offering his take on why PayPal is not adding XRP to the list of coins it will allow customers to buy, sell and store.  PayPal announced this week that its millions of users in the US will be able to purchase crypto assets “in the coming weeks,” with an […] The post Ripple Executive Explains Why PayPal Is Excluding XRP From New Crypto Business appeared first on The Daily Hodl.

How RUSH is changing cross border payments

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.

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.

TA: Bitcoin Short-term Pullback Could Be Attractive To The Bulls

Bitcoin price extended its rise and traded to a new monthly high near $13,200 against the US Dollar.

TA: Ethereum Bulls Aim Big After Recent Surge Above $400: Rally Isn’t Over Yet

Ethereum surged over 10% and it settled nicely above the $400 resistance against the US Dollar.

Barriers Loom to Enacting Crypto Firms’ FATF Compliance Plan

A group of virtual asset companies has proposed a US-centric solution to FATF’s mandate to crack down on money laundering.

98% of Unspent Bitcoin Transactions Could Sell for Profit: Report

A quirky metric from Glassnode is the latest to remind us that Bitcoin’s price has risen.

For the first time since 2018 Bitcoin balances on exchanges fell below 2.5M

Bitcoin's balance on three popular exchanges decreased by 390k BTC over the past 9 months. On October 20, 2020, the amount of Bitcoin (BTC) held at major exchanges fell below 2.5 million BTC for the first time in two years.  Source: Glassnode.Nexo co-founder Antoni Trenchev opined to Cointelegraph that this trend is driven by the world finally realizing that only Bitcoin offers sound monetary policy: “[People are] slowly are realizing what some of us have known for a while — BTC is the only sound monetary policy right now and you cannot afford to depart from the best performing asset of the decade.” He also noted that the community is resorting more to self-custody solutions, including platforms like Nexo, where they can “tax-efficiently borrow against their assets rather than selling them." Cointelegraph noted yesterday that the Bitcoin supply is currently diffused more than ever. Alex Mashinsky, co-founder of the Celsius crypto lending platform, told Cointelegraph that the exodus will likely continue unless exchanges begin offering better terms to their customers: "As long as exchanges refuse to give their clients more they will leave them and come to Celsius.

DOJ’s Crypto Framework Is ‘a Complete Disaster’ for Digital Privacy Rights

The US Department of Justice's enforcement framework may pose a serious threat to the digital privacy rights of crypto users.

Bitcoin Deviates Further Away from Dow, S&P 500 as Price Hits $13K

Bitcoin has wholly sidelined its widely-covered correlation with the US stock market.

Yearn Finance doppelganger scam tries to trick visitors out of their keys

Scam websites posing as famous crypto projects ask for private keys so they can steal users' funds. Decentralized finance yield farming platform Yearn Finance has a doppelganger that is tricking visitors into sharing the private keys of their cryptocurrency wallets. The scam website of Yearn Finance perfectly copies almost every aspect of the original yearn.finance website down to its design, website copy and even domain name.

Goldman Sachs to Settle Massive Corruption Case for $2.8 Billion With US Government

Goldman Sachs has reportedly agreed to settle with the US government over its role in a corrupt Malaysian government investment fund, which is one of the firm’s worst scandals since the financial crisis.

Ripple Has Three Favorite Countries In Case it Leaves US

California-based liquidity provider Ripple is considering leaving the US, and some of the potential destinations to which the company could move include countries in Asia and Europe.

Standard Chartered Research Head Sees Depreciating US Dollar as Perfect Storm for Emerging Assets

The United States dollar is facing significant depreciation following the US elections according to Standard Chartered Bank’s Head of Research.

Charted: Litecoin Price Daily Timeframe Indicates Strong Uptrend To $65

Litecoin started a strong upward move from the $41.50 support zone against the US Dollar.

TA: Bitcoin Correcting Gains, But Key Uptrend Support Is Nearby

Bitcoin price rallied more than 5%% and it even broke the $13,000 resistance against the US Dollar.

TA: Ethereum Facing Huge Hurdle At $400, Why Buyers Are Safe

Ethereum surged over 5% and it even spiked above the $400 resistance against the US Dollar.

Voyager crypto broker set to open to Europe after LGO merger

LGO exchange is a gateway for Voyager to access Europe. Crypto broker Voyager has teamed up with LGO, a European digital asset exchange focused on institutions.  "LGO and Voyager will merge their services and offering under the Voyager brand, to offer a premium experience to retail cryptocurrency investors, in the US and in Europe," LGO CEO Hugo Renaudin told Cointelegraph.

Kraken relaunches crypto trading in Japan as part of APAC expansion

Japanese residents can once again trade BTC, ETH, LTC, XRP, and BCH on Kraken, two years after it pulled out of the country. Major US-based cryptocurrency exchange Kraken has launched funding and crypto trading services in Japan, furthering its expansion into the Asia-Pacific (APAC) region. On Oct.

Brock Pierce: True decentralization is a way off

True decentralization will take time, US presidential candidate Brock Pierce suggests, citing DeFi as a crucial stepping stone towards this end. US presidential candidate Brock Pierce believes true decentralization, in its purest form, does not exist today, and is not practical in the near future.  He told Celsius founder and CEO Alex Mashinsky in an hour-long #MOIP interview released earlier today that while DeFi, is headed towards decentralization, it shouldn’t attempt to be entirely decentralized right now. The crypto venture capitalist turned politician stated a hybrid approach including both decentralized and centralized control is more appropriate. “All of us in this space generally believe in decentralization,” he said.

Will PayPal’s crypto offer turn into a tax nightmare?

US capital gains tax laws are likely to catch out many new users of PayPal's cryptocurrency payments system The news that payments company PayPal will support cryptocurrencies has given the industry a major boost — but there are tax implications that are little understood by crypto noobs. PayPal users will soon be able to use digital assets as a funding source for purchases at its 26 million merchants worldwide.

NAC Foudation Accuses US SEC of Misleading Court in AML BitCoin Case

The legal battle between The NAC Foundation and the SEC is still far from over, and the Foundation argues that the SEC misled the court in its ongoing case against AML Bitcoin.

Bitcoin’s Core Value Is to Be Rationed, Says the Acting US Comptroller of the Currency

Decentralized networks could be the future if global regulators find a suitable framework to enhance their operations, believes US OCC's Brian Brooks. The post Bitcoin’s Core Value Is to Be Rationed, Says the Acting US Comptroller of the Currency appeared first on CryptoPotato.

US crypto derivatives merchants need to leave customer funds alone, says CFTC

The CFTC has issued new guidance for crypto derivatives markets that hold customer funds, much of which boils down to "be very, very careful." Per guidance released Wednesday evening, the Commodity Futures Trading Commission (CFTC) is advising businesses trading in crypto derivatives to hold customer funds very carefully. The new guidance continues the CFTC's interest in carving out rules for custodianship of virtual currencies — an area obviously distinct from any other asset class.

Pelosi, Kudlow Signal Market-Moving US Stimulus May Wait Till After Election: Report

With a strong correlation between stocks and the bitcoin price in recent months, analysts say a stimulus package could boost BTC as well.

SEC sees $5M victory in case against Kik

The outlook is grim for the Canadian messaging app as it loses $5 million over its ICO for Kin tokens. On Wednesday, the US Securities and Exchange Commission announced the end of its lawsuit against Kik Interactive. The Canadian messenger app fell afoul of the US regulator for failing to treat its sale of KIN tokens as a securities offering.

Wirex Sets US Launch Date for Mastercard Crypto Debit Card

Wirex opened up sign-ups for its multi-currency Mastercard today with plans to begin distribution in the UK starting in November, followed by the US shortly thereafter.

What the History of Headphones Says About the Internet’s Future

What does the historical development of headphones tell us about the future of the internet?

PayPal Adds Bitcoin: Most Bullish News of the Year?

PayPal will offer its US customers buying and selling of crypto, with support for payments to its merchant network next year.

Bitcoin Spikes to $12,850, Burning Over $75 Million in Futures Contracts

Bitcoin is exploding higher on the back of two extremely positive fundamental events: PayPal adding support for cryptocurrency and the US confirming an imminent fiscal stimulus package.

Bitcoin Reaches 2020 High Following PayPal Announcement

The news that PayPal customers in the US will soon be able to buy Bitcoin has added rocket fuel to an already surging market.

Kik’s Prospective Settlement With SEC Boosts KIN’s Value

Following the release of the proposed settlement between the US Securities and Exchange Commission (SEC) and Canadian social media startup Kik Interactive, the latter’s cryptocurrency rallied, spurring optimism over the future of the instant messenger service and its crypto-related activities.

Breaking: PayPal Goes Bitcoin, Ethereum And More

Today, online payments giant PayPal said will allow its customers to buy, sell and hold bitcoin (BTC), ethereum (ETH), bitcoin cash (BCH) and litecoin (LTC) using the US digital payments company’s online wallets over the coming weeks. The company plans to expand to Venmo and some countries in the first half of 2021. PayPal customers will also be able to use cryptocurrencies

PayPal to Enable Bitcoin and Crypto Purchasing and Selling

One of the world's leading online payment processors, PayPal, will enable US customers to buy Bitcoin and other crypto in the coming weeks.

Mainstream Adoption of DeFi and DLT Is Coming, It Will Replace Banks, Says US Currency Comptroller

The US acting Comptroller of the Currency disclosed that roles played by banks will soon change due to cryptocurrencies and decentralized finance (DeFi).

Ban All Ransomware Payments, in Bitcoin or Otherwise

The US Treasury Department has outlawed certain ransomware payments.

TA: Ethereum Prints Bullish Technical Pattern, Why It Could Rally Past $385

Ethereum is gaining bullish momentum above $375 against the US Dollar.

17M Chinese tourists verify health using blockchain to visit Macau

Interoperability between Macau’s blockchain-powered medical data system and mainland Chinese health codes allowed tourism between the jurisdictions to recommence. Chinese non-profit blockchain consortium FISCO BCOS, reports that blockchain-based health records have successfully enabled China to resume mainland tourism to Macau. From May, Macau’s blockchain-powered medical data system has recognized the ID codes of the Guangdong health system of the mainland, allowing mainland Chinese tourists to verify their health status using the DLT-powered system when entering the autonomous region. To date, more than 17 million tourists have cleared customs between Macau and China’s mainland using Macau’s blockchain health code.

What could a Democrat Sweep in US Elections mean for Bitcoin?

What would it mean for Bitcoin (BTC), if the Democrats manage to pull off a clean sweep in the coming US elections? (Read More)

TA: Bitcoin Smashes Heavy Resistance at $12K And Its Likely To Continue Higher

Bitcoin price is up over 2% and it broke the $11,800 and $12,000 resistance levels against the US Dollar.

Pre-Election Stimulus Package: Price Implications For BTC, ETH, and XRP

With the possible release of a new stimulus package in the US, here is a short and long term price analysis of what you could expect from BTC, ETH, and XRP.

Mainstream DeFi is ‘inevitable’: US currency comptroller

The US acting comptroller of the currency believes the role banks play in society will soon be transformed by crypto assets and DeFi. The US acting comptroller of the currency, Brian Brooks, predicts th decentralized finance (DeFi) will render many of the financial services offered by banks obsolete, just as email disrupted the postal service. In an interview during DC Fintech Week on Oct.

Bitcoin Proponents Bemoan Joe Biden’s Proposed Capital Gains Hike

The US presidential election is only 14 days away, and a number of bitcoin proponents have been discussing the capital gains tax implications Joe Biden plans to invoke if he wins the American presidency.

Ripple Chief Bullish on Bitcoin, Says XRP Needs Level Regulatory Playing Field in the US

Ripple’s chief executive Brad Garlinghouse says there isn’t a level regulatory playing field in the US between Bitcoin its smaller counterparts like XRP.

OKEx users express frustration over suspended withdrawals

“It's a bit weird one of the biggest exchanges in the world isn't letting us withdraw money for so long,” said one crypto Twitter user. Major exchange OKEx suspended crypto withdrawals on Oct.

US House Speaker ‘Optimistic’ About Reaching a Stimulus Pact: Reports

House Speaker Nancy Pelosi said she is “optimistic” after the Trump administration made concessions on coronavirus testing and tracing ahead of a Tuesday evening deadline.

Victim Stung for BTC 22 as DoppelPaymer Scammers Claim Latest Victim

A hapless victim has reportedly forked out a whopping BTC 22 – worth over USD 263,000 – to DoppelPaymer ransomware scammers, per data published by tracking website ScamAlert. Earlier this year, antivirus software developer Avast warned that there had been a recent resurgence in scammers making use of the notorious ransomware. Like other, similar malware, DoppelPaymer

The US Risks Getting Left Behind on CBDCs

The Federal Reserve's “wait and see” approach to digital currency could deprive the US of important fiscal and monetary tools as its rivals move ahead.

Fed Chairman Powell Updates Efforts to Create Digital Dollar, Says Risks and Trade-Offs Being Thoroughly Evaluated

Federal Reserve chairman Jerome Powell says the Fed is methodically exploring the creation of a digital version of the US dollar while evaluating the risks and trade-offs of a central bank digital currency (CBDC).

Pomp says US digital dollar needs to happen now

The US doesn't mind coming a bit late to the CBDC party, but is that the wrong approach? Recent comments from Jerome Powell, the chairman of the US Federal Reserve, show the American government is not especially concerned with speed when it comes to developing a central bank digital currency, or CBDC.

Bitcoin Price Will Skyrocket as Markets Riddled by Election Uncertainty, Analyst Says

While the ongoing uncertainty regarding COVID-19 and the US Presidential elections could drive stocks down, Opimas CEO predicted that Bitcoin will skyrocket.

US Financial Watchdog Fines Bitcoin Mixer Service for $60 Million

Larry Dean Harmon, founder and operator of early bitcoin mixing services Helix and Coin Ninja, is being fined $60 million by the US Treasury’s Financial Crimes Enforcement Network (Fincen) for allegedly violating anti-money laundering rules.

Bitcoin Briefly Breaks $11.9K on Renewed US Stocks Correlation; $12K Next?

Bitcoin held onto its weekly gains as traders waited for US Congress to agree on the second coronavirus package on Tuesday.

Banks Could Become Blockchain Nodes, Says US Regulator

US Acting Comptroller of the Currency Brian Brooks discussed the "transformational role" of banks in the face of disruption by blockchain.

Zcoin Employs Burn-and-Redeem Privacy Model, Offering Alternative to Coinjoins

The Lelantus protocol, launched on privacycoin Zcoin’s testnet, lets users redeem partial amounts of a total coin burn, rather than all of it at once.

Zcoin launches its testnet called Lelantus

Privacy-focused cryptocurrency Zcoin today announced the testnet launch of its network, dubbed the Lelantus protocol, which will give Zcoin (XZC) users more robust privacy features, according to a rel The post Zcoin launches its testnet called Lelantus appeared first on AMBCrypto.

US-China Tech War and Data Concerns Could Create the Splinternet

Political tensions between the United States and China have been rising with some experts predicting the divide on data standards has grown large, it could split the internet.

Bitcoin Decoupling Nearing $12K As Wall Street Tumbled: Crypto Market Watch

Bitcoin showed early signs of decoupling from Wall Street after surging to $11,820, while the US stock indexes slumped yesterday. The post Bitcoin Decoupling Nearing $12K As Wall Street Tumbled: Crypto Market Watch appeared first on CryptoPotato.

TA: Ethereum Recovery Could Soon Fade If ETH Fails To Clear $385

Ethereum is slowly rising and trading well above $375 against the US Dollar.

TA: Bitcoin Bulls Back In Driver’s Seat, More Upsides Above $12K Likely

Bitcoin price is up over 2% and it broke the main $11,560 resistance against the US Dollar.

FinCEN Hits Bitcoin Mixer With USD 60m Fine

The US Financial Crimes Enforcement Network (FinCEN) said it has assessed a USD 60m civil money penalty against Larry Dean Harmon, the founder, administrator, and primary operator of bitcoin (BTC) mixer (a.k.a.

Crypto Listing and Delisting Announcements: Week 42

Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by cryptocurrency exchanges that we found last week and today. Have we missed something? Do you have information about new listings and/or delistings? Let us know here. _________________________________________ Bibox Listings: COFIX (COFI) Zenfuse Trading Platform Token

FinCEN Fines Bitcoin-Mixing CEO $60M in Landmark Crackdown on Helix, Coin Ninja

Larry Dean Harmon ran the first bitcoin mixing services targeted with criminal allegations by US authorities.

Tech Startup Using Chainlink to Record US Election Results on the Blockchain

Tech startup Everipedia is teaming up with the Associated Press to sign and distribute election results on the blockchain using distributed oracle network Chainlink (LINK).

US financial watchdog fines early Bitcoin mixer $60M for money laundering

FinCEN has fined the operator of early crypto mixers Helix and Coin Ninja for Bank Secrecy Act violations. The founder and operator of some of the first "mixing" services in crypto will have to cough up $60 million to US regulators, even as he faces continued criminal charges.  The US Treasury's Financial Crimes Enforcement Network (FinCEN) announced on Monday a $60-million fine fine against Larry Dean Harmon, the man behind Helix and Coin Ninja. Harmon was arrested in February for operating a stable of tumblers or mixers that Washington, D.C.

US Alleges Top Russian Cyber Hackers Tried to Cover Digital Tracks With Bitcoin

The cyberhackers used bitcoin to cover their ties to critical hacking campaign "infrastructure" such as servers and domain names, according to an indictment unsealed Monday by US prosecutors.

These BitMEX Alternatives Are the Best Specialized Investment Platforms for Traders

It’s official – the US government has the Bitmex exchange in its headlights.

Bitcoin Price Eyes $12,000 Following US Fed Chair Powell Talks

Bitcoin's price finally broke out and, fortunately, it was to the upside.

While China Is Already Testing CBDC, US's Goal Is 'To Get It Right'

Source: a video screenshot, Youtube/IMF Central banks are still more focused on risks of central bank digital currencies (CBDCs) while they're increasingly cooperating with each other in an attempt to investigate this potentially new form of local and cross-border payments, according to statements by the panelists of an International Monetary Fund’s (IMF) online seminar today. Hosted by

Bitcoin ‘Burns’ the Dollar in Augmented Reality Artwork

Users are offering up to $5,800 for a set of AR-enabled prints created by Cryptograffiti, a pseudonymous Bitcoin artist.

US Fed Chair Jerome Powell Says It’s Better to Be Right Than First on CBDC

US Federal Reserve Chairman Jerome Powell said today that the central bank is committed to exploring the potential costs and merits of launching a CBDC but hasn’t made a final decision yet.  The post US Fed Chair Jerome Powell Says It’s Better to Be Right Than First on CBDC appeared first on CryptoPotato.

Better to get it right than to be first with CBDC, says US Fed chair

The US already has a “safe and active dynamic domestic payment system,” Powell argued. The United States will not be issuing a digital dollar until the Federal Reserve resolves all questions around a potential central bank digital currency, or CBDC, according to the Fed's chairman, Jerome Powell. Powell claimed that he is not worried about other countries having a first-mover advantage when it comes to issuing CBDCs. Speaking at an Oct.

United States evaluating benefits of CBDCs, says Fed Chair Powell

In what is a significant development, Jerome Powell, Chairman of the US Federal Reserve, today revealed that the Fed is looking into the benefits of digital currencies. The Fed Chair was speaking The post United States evaluating benefits of CBDCs, says Fed Chair Powell appeared first on AMBCrypto.

Digital Ruble Could Be Tool Against Sanctions, Bank of Russia Says

Russia's central bank says a digital ruble could make Russia less dependent on the US dollar and more resistant to foreign sanctions.

First Mover: ‘Blue Wave’ in US Senate Could Mean Flood of Stimulus for Bitcoin

As US President Donald Trump fades in election polls, Wall Street analysts are sketching out the market implications of legislative races.

Crypto Market Sentiment Re-Enters Positive Zone; 3 Coins Join Bitcoin & Ether

As foreshadowed by last Monday's 24-hour green picture, the entire week behind us turned green, with the combined moving 7-day average crypto market sentiment score (sentscore) for the top 10 coins by market capitalization reaching the positive 6 today, as shown by crypto market sentiment analysis service Omenics.

Win Up to 12 BTC in TRedump vs BidGreen Battle at BC.Game!

Disclaimer: The text below is a press release that was not written by Cryptonews.com. It’s about that time again where everyone is figuring out who they will vote for in the upcoming US presidential election.