The banking institutions together have launched a new digital token called the Utility Settlement Coin (USC) that would facilitate instant global payments and settlements.
The FSB has asked regulatory bodies to work collective on dealing with regulatory rules for digital currencies with better risk assessments.
In a major crackdown local Chinese authorities from the Sichuan province are investigating any illegal Bitcoin mining facilities in the region.
The new blockchain-based platform aims at digitizing and streamlining all the mortgage-related services and documentation.
Facebook is reportedly talking to different trading platforms that can offer its native cryptocurrency higher liquidity upon launch along with seamless transaction and conversion facility.
The introduction of the gold-backed cryptocurrency is a part of the country’s to seep up international settlements.
Japan’s Financial Services Agency is working to bring strict vigilance on local crypto exchanges while bringing down anonymous transactions and preventing money laundering.
Amidst all the ongoing controversy over the USDT tokens, crypto exchange Bitfinex announces its new IEO platform dubbed Tokinex.
Bitcoin price consolidates around $8000 levels. Bitcoin investors remain undeterred with the latest price delay while IRS assures of introducing crypto tax guidelines.
Facebook makes the crypto-friendly nation Switzerland as its new base for all its FinTech-related projects involving the use of blockchain technology and crypto payments.