US Crypto Firms Will Soon Have Another Banking Option

This article has been originally posted on Bitcoin’s website via the link here. We are sharing it entirely below. We do not claim to own intellectual property to this content. Things may be about to get a little easier for firms working with cryptocurrency in the U.S. U.K.-based Cashaa, which describes itself as a banking service platform, is about to launch bank

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The Xi Effect – Chinese Government to Fund Blockchain Projects

This article has been originally posted on Bitcoin’s website via the link here. We are sharing it entirely below. We do not claim to own intellectual property to this content. Chinese President Xi Jinping’s announcement that the country would invest heavily in blockchain technology – coupled with a sweeping motion to remove online posts suggesting such technology is a scam

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G7 Evaluates Stablecoins as Risk to Global Financial Stability

The world’s biggest economies are assessing stablecoins as a potential risk to the global financial system, according to a statement from the Financial Stability Board (FSB). In a letter to G20 finance ministers and central bank governors on Sunday, the FSB’s chair Randal Quarles said the G7 working group is delivering an assessment report on opportunities and challenges posed by global stablecoins.

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