‘Misleading’ Term Stablecoin Should Be Ditched, Says ECB
The EU central bank said the term stablecoin is potentially “confusing” and “misleading” to consumers.
Indian police begin probe into alleged $270K cryptocurrency exchange scam
The operator of Delhi-based cryptocurrency platform Pluto Exchange is accused of duping 43 investors of more than $272,000. A local news outlet Millennium Post reported that the Economic Offence Wing of the Delhi Police has launched a probe against the operators of the Pluto Exchange after 43 investors filed...
Equity Markets Turmoil Could Push Bitcoin Below $10K, Say Analysts
Bitcoin risks falling into four figures on a continued sell-off in equities and rebounding U.S. dollar.
Austrian gin makers to use blockchain to guarantee bottles’ rarity
The Stin, an Austrian-based gin distiller, is set to use ICON (ICX), South Korea’s largest public blockchain project, to transparently track its supply chain. An Austrian blockchain firm, block42, will be combining near-field communication (NFC) technology with the ICON blockchain to maximize the security of the tracking system. NFC...
A New Social Contract for the Digital Age
Veteran futurist Don Tapscott imagines the world in 2030 and finds reasons for optimism in the face of persistent social crisis.
US Space Force Enlists Blockchain Firm to Deploy Hack-Proof Data Defenses
The United States Space Force has engaged blockchain firm Xage Security to develop a new security layer for its communications systems.
Digital Euro Would Provide Alternative to Cryptos, ECB President Lagarde Says
A digital euro for retail payments would “ensure that sovereign money remains at the core of European payment systems,” according to Legarde.
Binance.US CEO calls companies not integrating crypto ‘ignorant’
Catherine Coley, the CEO of crypto exchange Binance’s United States branch, says adopting crypto may be one of the only ways for businesses to be “pandemic resilient” going forward. In a Sept. 21 interview with Joe Weisenthal and Tracy Alloway on Bloomberg’s Odd Lots podcast, Coley said crypto had...
JD.com to Build Apps for China’s Digital Yuan Project: Report
The Chinese e-commerce giant has reportedly agreed to help the nation’s central bank develop infrastructure including a wallet for its cash-equivalent digital currency.
Digital euro will not be ‘a substitute for cash’: ECB President
Any digital currency released in the European Union may not fully replace fiat, said the President of the European Central Bank, Christine Lagarde. Speaking at an online meeting of the Franco-German Parliamentary Assembly on Sept. 21, Lagarde stated that the bank was exploring “the benefits, risks and operational challenges”...