In a Cointelegraph BlockShow panel, the Blockstream CSO delivered a frank appraisal of the stablecoin space’s present and future.
Digital Currency News
Digital currency is a type of currency that has no physical form and only exists in digital form. Digital currencies include virtual money and cryptocurrency. This digital money may be used as traditional money to buy and sell goods, but with the allowance of instant transactions and borderless transfer-of-ownership. Digital money can be restricted to a certain community or be fully free for anyone to use. Digital money can also be decentralized or have a central authority over an emission process, can be backed by other currency or liquid asset, or work without any backing. Investing in digital currency has become very popular after the explosion of cryptocurrencies due to their volatility, which makes them a great speculation tool. Although digital currencies are useful and progressive, they are not yet widespread and most banks do not accept them.
- BlockShow
- News
by Helen Partz
The Central Bank of Tunisia denied reports stating that the bank is developing a CBDC in partnership with a startup.
- News
A senior official at the People’s Bank of China says it will listen to public demand to retain notes and coins, in line with previous cash protection measures.
- News
Benoît Cœuré will take on a further digital currency-related role, having already led a group researching stablecoins.
- News
China’s digital currency will launch in two to three months, said founding managing partner of HCM Capital Jack Lee.
- News
by Helen Partz
Silvergate Capital (NYSE:SI) celebrates its IPO day and launches shares trading on the NYSE on Nov. 7.
- News
The Hong Kong Monetary Authority has revealed it will publish its research into applications for a central bank digital currency by Q1 2020.
- News
In his latest tarnishing of Bitcoin, the gold bug likened it to fiat currency by again suggesting it had nothing backing its value.
- News
by Helen Partz
According to Turkey’s 2020 Annual Presidential Program, digital lira pilots should be finalized by the end of 2020.
- News
by Helen Partz
The first-ever CBDC will be issued within the next five years, according to new joint research by IBM and OMFIF.
- Analysis
Libra considering the use of fiat-pegged stablecoins for its basket while navigating through a wave of negative criticisms from regulators.
- Sponsored
A crypto payment solution is now accepted in more than 530 stores across two nations — and is planning to expand to other European countries.
- Use Case
Libra has gotten off to a spluttering start in the eyes of regulators. But could central banks swoop in and save the day?
- News
by Joeri Cant
The Bank of Canada believes a central bank digital currency could be the answer to the threat that cryptocurrencies present.
- News
A Financial Times opinion piece continues Bruno Le Maire’s harsh criticism of Facebook’s unlaunched digital currency, Libra.
Editor’s Choice
- German Airline Company Hahn Air Issues Tickets on Blockchain
- Public Statement Aims to Define Legal Status of Crypto Assets in the UK
- Visa Works on Blockchain System for Joint Computation of Large-Scale Private Data
- Maker Launches New Dai Today, Expects to Phase-Out Old Dai in Months
- Bitcoin Price Key Pattern Is Suggesting 68% Chance of Bullish Reversal