This act promoted by Ms. Doris Matsui was adopted recently by the US Congress and asks the Secretary of Commerce to establish in maximum 90 days a working group to recommend to the Congress a definition for the blockchain technology. The act can be consulted here. A Blockchain Working Group will be created for this
Wang Xin – Director of the People’s Bank of China research bureau has declared at an academic conference the following according to South China Morning Post: “If [Libra] is widely used for payments, cross-border payments in particular, would it be able to function like money and accordingly have a large influence on monetary policy, financial
Michael Novogratz – Founder of Galaxy Investment Partners has declared in an interview with Bloomberg Technology that the Bitcoin is in a roller-coaster ride after a spectacular rally from $ 3.000 few months ago to $ 13.000 last month and after a consolidation between $ 10.000 and $ 14.000 it and could reach $ 20.000
The G20 leaders Oska Leaders’ Declaration point 17: ” Technological innovations can deliver significant benefits to the financial system and the broader economy. While crypto-assets do not pose a threat to global financial stability at this point, we are closely monitoring developments and remain vigilant to existing and emerging risks. We welcome on-going work by
It is clear that the money as we know them – banknotes, coins and cards will transform in the future and that the blockchain technology will have a deep impact. Cryptocurrencies, tokens, stablecoins will become the new money and more and more states, national banks and companies are becoming aware of that. Venezuela adopte Petro
Facebook just made an interesting move launching the Libra Coin – a stablecoin backed by “Libra Reserve”- a reserve of real assets. It was quite a natural move to find new engines of business growth and since they already have a huge base of 2.4 billion Facebook and 1.5 billion WhatsApp users happy to pay
Bitcoin broke today the 13.000 $ price level so the price more than tripled in less than three months from the 4.100 $ level on 1st of April. Bitcoin reached the maximum historical level of 18.737 on 18th December after an another very fast increase from 1.900 $ in July 2018, so another similar bull-ran
