BIS: equating stablecoins with fiat currencies
The Bank for International Settlements (BIS), together with the IOSCO group of regulators, have requested that the current rules for major fiat currency settlement and payment services be extended to…
AMC starts accepting Dogecoin through gift cards
US cinema giant AMC has announced that it is starting to accept Dogecoin (DOGE) for entry into its cinemas through gift cards, which is the result of a partnership with…
Facebook loses $60 billion on the stock market
On Monday, Facebook’s market capitalization plummeted by $60 billion in a single day. The FB stock had closed Friday with a market cap of about $966 billion, while on Monday it…
Cardano: EMURGO Africa, Veritree and a gold-backed stablecoin
It’s been over 1 week since the Cardano Summit 2021, and there have already been several interesting news coming from the most capitalized Proof of Stake blockchain: the establishment of…
Gary Gensler: cryptocurrencies are securities
The US has no intention of banning cryptocurrencies, but many cryptocurrencies fall under the definition of security and should be regulated as such, according to SEC chairman Gary Gensler. Gary…
Cryptocurrencies: US government-friendly regulation proposed
Venture capital firm Andreessen Horowitz (a16z) has proposed to the US government a favourable regulation for cryptocurrencies and blockchain. A16z and the US advantage in the financial sector He did…
Bank of Venezuela gives green light for digital Bolivar
To combat out-of-control inflation, the Bank of Venezuela has decided to revamp its currency, the Bolivar, by removing six zeros and creating a new digital state currency. This is the…
