Bank of England explores balance sheet implications of central bank digital currencies
May 22, 2018 10:18 am UTC| Digital Currency
The Bank of England (BoE) has published a new working paper on central bank digital currencies (CBDCs), exploring their design principles and balance sheet implications. The paper presents three scenarios each with a...
US CFTC issues new guidance for cryptocurrency derivative products
May 22, 2018 09:32 am UTC| Digital Currency
The U.S. Commodity Futures Trading Commissions (CFTC) Division of Market Oversight (DMO) and Division of Clearing and Risk (DCR) have jointly issued a new guidance for listing cryptocurrency derivative...
Ripple proposes new symbol for XRP token
May 22, 2018 09:01 am UTC| Digital Currency
Ripple team has proposed a new symbol for the XRP token, taking the efforts of the XRP community forward. Bitcoins symbol ₿ has already been added to the Unicode Standard. XRP Symbol, an open source project, believes...
FxWirePro: BTC/USD breaches cloud support, dip till 8000 likely
May 22, 2018 07:41 am UTC| Digital Currency
BTC/USD is trading tad lower on Tuesday as it couldnt hold cloud support. It is currently trading at 8323 levels at the time of writing (Bitstamp). On the top side, resistance is seen at 8452 (Cloud bottom) and a break...
Bitcoin price can fall to zero: Vanguard chief economist
May 22, 2018 06:06 am UTC| Digital Currency
Vanguard chief economist Joseph Davis sees a decent probability that bitcoin price could fall to zero. In an ETF Industry Perspective published on etf.com, Davis shared his views on bitcoin and other cryptocurrencies ...
UK’s Cryptoassets Taskforce agrees on key objectives
May 22, 2018 04:19 am UTC| Digital Currency
UKs Cryptoassets Taskforce, an initiative announced earlier this year, held its first meeting on 21 May 2018. In March, Chancellor of the Exchequer, Philip Hammond, announced the task force as part of the governments...
Former CEO of Visa UK joins mobile crypto bank Crypterium
May 22, 2018 03:31 am UTC| Digital Currency
Former chief executive officer of Visa UK Marc OBrien is joining mobile crypto bank Crypterium as CEO. An industry veteran, OBrien will bring his experience of over 25 years in financial services, fintech and regtech to...
Gabon: post-coup dialogue has mapped out path to democracy – now military leaders must act
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects