DFC

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eCurrency™ Announces Contribution of its API to ITU Focus Group DFC
eCurrency™ Announces Contribution of its API to ITU Focus Group DFC
"DUBLIN, Aug. 1, 2018 /PRNewswire/ -- eCurrency Mint Limited (eCurrency) announces that it has contributed its Application Programming Interface (API) to the International Telecommunication Union Focus Group on Digital Currency including Digital Fiat Currency (ITU FG DFC). The API will contribute to an area of standardization for integration with existing payments systems for interoperability."
#CryptoAssets#CBDC#Stablecoins#DFC
·prnewswire.com·
eCurrency™ Announces Contribution of its API to ITU Focus Group DFC
E-krona theme in new edition of Economic Review | Sveriges Riksbank
E-krona theme in new edition of Economic Review | Sveriges Riksbank
"The Riksbank is investigating the possibility and consequences of introducing a Swedish central bank digital currency, a so-called e-krona. The latest issue of our journal Economic Review is a special theme issue discussing the e-krona from different perspectives. What is the role of the central bank in the payments market? What might the demand for an e-krona be? What consequences will this have for the banks? How will rate-setting be affected, and what further effects might the e-krona have for monetary policy and economic developments in the long run?"
#CryptoAssets#CBDC#DFC
·riksbank.se·
E-krona theme in new edition of Economic Review | Sveriges Riksbank
New Bank of Israel Report Recommends Against Creating Digital Shekel
New Bank of Israel Report Recommends Against Creating Digital Shekel
"The Bank of Israel has released the results of a research study commissioned in late 2017 to examine the feasibility of issuing a cryptocurrency that would be equivalent in value to the shekel. Dubbed the ‘Digital Shekel’, the proposed cryptocurrency has been found to be unsuitable to the needs of Israel in a number of areas and consequently the report has recommended that the Israeli central bank should not issue the cryptocurrency in the near future."
#CryptoAssets#CBDC#DFC
·ccn.com·
New Bank of Israel Report Recommends Against Creating Digital Shekel
Brazil: Tether's New Banking Partner Deltec Suspected of Accepting Laundered Funds
Brazil: Tether's New Banking Partner Deltec Suspected of Accepting Laundered Funds

"Brazilian law enforcement has solicited the help of Bahamian authorities to investigate suspicious transactions to Deltec Bank & Trust – the recently-announced new banking partner of controversial stablecoin Tether (USDT) – major Brazilian newspaper O Globo reports Nov. 6. "

#CryptoAssets#AltCoins#Stablecoins#DFC
·cointelegraph.com·
Brazil: Tether's New Banking Partner Deltec Suspected of Accepting Laundered Funds
The Bank of Israel published a summary of the work of the team to examine central bank digital currency (CBDC)
The Bank of Israel published a summary of the work of the team to examine central bank digital currency (CBDC)
"The Bank of Israel today published a summary of the work of the interdepartmental team established by the Governor, Dr. Karnit Flug, in November 2017 to examine the issue of central bank digital currencies (CBDC).  The objective of the publication is to bring the work done at the Bank of Israel to the public’s attention, and to enable public discussion."
#CryptoAssets#CBDC#DFC
·boi.org.il·
The Bank of Israel published a summary of the work of the team to examine central bank digital currency (CBDC)
PwC Is Advising (Not Auditing) Another Stablecoin Project - CoinDesk
PwC Is Advising (Not Auditing) Another Stablecoin Project - CoinDesk
The Hong Kong division of global accounting and consulting firm PwC is exploring the best practices for issuing stablecoins, as part of an initiative with the non-profit Loopring Foundation. Announced Tuesday, PwC Hong Kong's Asia-focused study on stablecoins follows a PwC partnership in the U.S. to advise decentralized lending platform Cred, which is working on a U.S. dollar-tied coin.
#CryptoAssets#Stablecoins#AltCoins#DFC
·coindesk.com·
PwC Is Advising (Not Auditing) Another Stablecoin Project - CoinDesk
‘World’s Most Bulletproof Crypto’: Company to Create a Coin Backed by Swiss Franc
‘World’s Most Bulletproof Crypto’: Company to Create a Coin Backed by Swiss Franc
A Swiss company, Alprockz AG, has developed the cryptocurrency ROCKZ, and says it is the first coin paired to one of the most stable fiat currencies in the world — the Swiss Franc (CHF). According to the company, it has already partnered with Geneva Swiss Bank - GSbanque.
#Stablecoins#CryptoAssets#AltCoins#DFC
·cointelegraph.com·
‘World’s Most Bulletproof Crypto’: Company to Create a Coin Backed by Swiss Franc
More Crypto Exchanges Now Support Circle's Stablecoin USD Coin | CCN
More Crypto Exchanges Now Support Circle's Stablecoin USD Coin | CCN
Not less than 12 exchanges, according to an official blog post from Circle, have expressed their plans of joining the ecosystem for the incorporation of the USD coin. The exchanges are BitMart, Fcoin, Gatecoin, Hanbitco, Hotbit, SWIFT, OCP Capital, DDEX and Bit-Z. The world’s first instant crypto-backed loan provider; Nexo also disclosed the ongoing process of adding the stablecoin. Users of Shenzhen-based cryptocurrency startup Bitkan and wallet provider Tokenary can as well store and use USDC to carry out various services.
#Stablecoins#CryptoAssets#AltCoins#DFC
·ccn.com·
More Crypto Exchanges Now Support Circle's Stablecoin USD Coin | CCN
Petro Cryptocurrency Is Legally Recognized As Valid Tender By Venezuela Supreme Court | BCG
Petro Cryptocurrency Is Legally Recognized As Valid Tender By Venezuela Supreme Court | BCG
"Interestingly enough, the country’s Supreme Court ruled that workers are entitled to monetary compensation of 266 petros. This is significant because the ruling recognizes the petro as legal tender. Several sectors have criticized using cryptocurrencies as money because they believe that the only currency in the country should be the Bolivar."
#CryptoAssets#AltCoins#CBDC#Venezuela#DFC
·bitcoinexchangeguide.com·
Petro Cryptocurrency Is Legally Recognized As Valid Tender By Venezuela Supreme Court | BCG
Iran Moves One Step Closer to Introducing a State-Backed Cryptocurrency - CoinWire
Iran Moves One Step Closer to Introducing a State-Backed Cryptocurrency - CoinWire
"In a report published October 29 by the Mehr news agency, Jalali spoke about how cryptocurrencies could present “great opportunities,” hinting at the capital’s plan to potentially introduce a state-backed digital currency. The impetus behind the move is to minimize Iran’s dependence on SWIFT’s USD-based payment rails."
#CryptoAssets#AltCoins#Stablecoins#CBDC#DFC
·coinwire.com·
Iran Moves One Step Closer to Introducing a State-Backed Cryptocurrency - CoinWire
Russian State Duma Committee Considers Launch of Central Bank-Issued Stablecoin | Coin Telegraph
Russian State Duma Committee Considers Launch of Central Bank-Issued Stablecoin | Coin Telegraph
"According to Moscow-based news outlet Mskagency, the chairman has clarified that the cryptocurrency will be issued by the central bank since it is backed by fiat currency. In conclusion, Aksakov noted that the implementation of blockchain technology in terms of issuance “crypto-money” is “promising.”"
#CryptoAssets#AltCoins#Stablecoins#CBDC#DFC
·cointelegraph.com·
Russian State Duma Committee Considers Launch of Central Bank-Issued Stablecoin | Coin Telegraph
Another Stablecoin Just Launched With 'Real-Time' View of Dollar Backing - CoinDesk
Another Stablecoin Just Launched With 'Real-Time' View of Dollar Backing - CoinDesk
Stably announced Thursday that its StableUSD (USDS) is now available for purchase and redemption. The token is backed by U.S. dollars held in escrow by Prime Trust, a regulated trust company in Nevada that has carved out a niche playing this supporting role in a number of stablecoin projects.
#AltCoins#Stablecoins#CryptoAssets#Tokenization#DFC
·coindesk.com·
Another Stablecoin Just Launched With 'Real-Time' View of Dollar Backing - CoinDesk
Stablecoin Wars: Coinbase Token Attracts Capital But PAX Leads Trading | CCN
Stablecoin Wars: Coinbase Token Attracts Capital But PAX Leads Trading | CCN
Having launched in March, TUSD had a head start in the race to replace tether. When Gemini Dollar (GUSD) and Paxos Standard (PAX) began circulating on Sept. 10, TUSD had already issued $79 million worth of tokens. According to Stablecoins War, TUSD remains the largest stablecoin upstart, with its market cap having more than doubled to $174 million over the past two months.
#AltCoins#Stablecoins#CryptoAssets#Tokenization#DFC
·ccn.com·
Stablecoin Wars: Coinbase Token Attracts Capital But PAX Leads Trading | CCN
Tether's Price Has Stabilized, But the Stablecoin's Supply Is Still Shrinking - CoinDesk
Tether's Price Has Stabilized, But the Stablecoin's Supply Is Still Shrinking - CoinDesk
Since Oct. 14 Bitfinex – an exchange that shares common ownership and management with Tether Ltd., the company behind USDT – has sent 930 million USDT to a wallet controlled by Tether Ltd. known as the "treasury." These tokens are considered to have been removed from circulation, and though many of them still exist, Tether destroyed 500 million USDT last week.
#CryptoAssets#AltCoins#Stablecoins#Tokenization#DFC
·coindesk.com·
Tether's Price Has Stabilized, But the Stablecoin's Supply Is Still Shrinking - CoinDesk
Sovereign money: A challenge for science | VoxEU
Sovereign money: A challenge for science | VoxEU
There has been an intense academic and policy debate on what monetary architecture is the most appropriate recently, but many issues are still unresolved. This column looks at the circumstances under which the current system and the sovereign money system yield the same outcomes, the core arguments in favour of the current system, and what advantages a sovereign money architecture might offer.
#CBDC#DFC
·voxeu.org·
Sovereign money: A challenge for science | VoxEU
Venezuela Officially Launches Sale of Controversial Petro Coin for Fiat, Crypto | Coin Telegraph
Venezuela Officially Launches Sale of Controversial Petro Coin for Fiat, Crypto | Coin Telegraph
"According to an infographic included in the tweet, Petro can now be purchased directly from the country’s treasury via the coin’s official website or from six crypto exchanges authorized by the government. The state-issued coin can be purchased for fiat, specified in the graphic as yuan, Euro and U.S. dollars, or for certain cryptocurrencies, by legal entities and individuals who have registered and passed a validation process on the coin’s official site. According to Petro’s official Twitter, which has evidently been suspended as of press time, the coin can be purchased with Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH) and Dash (DASH). However, the National Cryptocurrency Association reports the Petro is currently only available for BTC and LTC, among cryptocurrencies."
#CryptoAssets#AltCoins#CBDC#Venezuela#DFC
·cointelegraph.com·
Venezuela Officially Launches Sale of Controversial Petro Coin for Fiat, Crypto | Coin Telegraph
Masayoshi Amamiya: The future of money | BoJ
Masayoshi Amamiya: The future of money | BoJ
"Today's topic is "The Future of Money." Indeed, this topic is now gaining great attention and being lively discussed among various entities, due to on-going IT innovation, global developments of various cashless payment means including mobile payments, the emergence of crypto-assets and the idea of central bank digital currency."
#Fintech#CryptoAssets#CBDC#DFC
·bis.org·
Masayoshi Amamiya: The future of money | BoJ
The Race to Replace Tether (In 3 Charts) - CoinDesk
The Race to Replace Tether (In 3 Charts) - CoinDesk
"Tether, which aims to keep its token (called tether or USDT) at parity with the U.S. dollar by backing each token with $1 in bank deposits, accounts for the vast majority of the stablecoin market by total value, exchange volume and other metrics. But the market has begun to show signs of anxiety around tether, centering on the firm's access to banking services and its claims to have fully collateralized the outstanding tether supply."
#CryptoAssets#AltCoins#Stablecoins#Tokenization#DFC
·coindesk.com·
The Race to Replace Tether (In 3 Charts) - CoinDesk
USD-Pegged Cryptocurrency Tether [Briefly] Returns to Dollar Parity | CCN
USD-Pegged Cryptocurrency Tether [Briefly] Returns to Dollar Parity | CCN
"the tether price steadily crept back toward dollar parity, bolstered by the redemption of hundreds of millions of dollars worth of USDT tokens, which helped restore confidence in issuer Tether Limited’s claim that it is holding enough funds to cover the outstanding tokens. As CCN reported, those redemptions caused tether’s market circulating supply and market cap to plummet throughout the month. Two transactions made last Thursday diminished the USDT supply by a further 100 million, reducing the USDT supply to 1.9 billion units, down nearly one-third from the more than 2.8 billion tokens that were circulating just three weeks ago."
#CryptoAssets#AltCoins#Stablecoins#Tokenization#DFC
·ccn.com·
USD-Pegged Cryptocurrency Tether [Briefly] Returns to Dollar Parity | CCN