The G7 economies said that unless all regulatory challenges posed by stablecoins are addressed, they shouldn’t be allowed to function in the financial ecosystem.
The PBoC deputy governor said that China should have its “independent” and “high-quality” financial infrastructure and quicken the speed of its CBDC development.
WorldCoinIndex Derivatives Report 2020 Week 41
Square Inc referee to Bitcoin as the instrument of “economic empowerment” and says that it thus decided to put 1% of its total assets in the world’s largest cryptocurrency.
The DeFi markets have entered a sharp correction with the top-ten DeFi tokens losing around 10-50% over the last week.
Using the new token swap feature of the MetaMask wallet, users can directly request token prices from decentralized exchanges and token aggregators.
On Monday, PBoC’s deputy governor briefed the developments with testing the Digital Yuan in a limited market exposure and said that they have made “positive progress” so far.
The SEC Chairman that is an ETF proposal adds efficiency while following all regulatory laws, the agency is willing to accept such a proposal. However, he warned of being cautious to try and trick the regulator.
The ECB release a comprehensive report on introducing Digital Euro and moving towards digital payments while ensuring the financial stability and sovereignty of the region.
During the 40th week of this year, cryptocurrency prices attempted yet another resistance break, yet they were quickly slowed down by several worldwide events