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Ethereum Ecosystem Sees Massive Stablecoin Growth, Huge Issuance

In recent years, the use of Ethereum has seen massive growth. A significant number of decentralized applications (dApps) have been designed to function on its blockchain. Ethereum also allows the creation Defi ecosystem that could grow to be worth billions of dollars. Over the past six months, Ethereum has been leveraged to create a massive… Read More

Bitcoin Price Breaks $7,000 USD – May Rise Further

While most of the top 20 cryptocurrencies are showing moderate gains over the past week, Bitcoin has smashed through the $7,000 USD level, and it may have much further to go. Bitcoin (BTC) has broken the $7,000 mark for its third time within this week. It is currently trading above $7,500 USD, and if the… Read More

Basil Committee Looks for more Crypto Rules to Protect Banks

The Basil Committee, a part of the international banking regulatory structure, just released a discussion paper that calls for more rules to govern how banks account for crypto holdings. The message appears to be that the Basil Committee sees banks holding more cryptos, and it wants to make sure that they are seen as a… Read More

Banking Institutions Are Adopting Blockchain

Major banking institutions are joining the banking blockchain development across the globe. Standard Chartered, a UK-based bank with more than half a trillion USD in assets, just announced that it will be joining the Enterprise Ethereum Alliance (EEA). Standard Chartered isn’t the first major bank to join the EEA, and there are many things happening… Read More

Central Banks May Introduce Token Coins

ING, a major Dutch bank, has released a video that features its chief economist predicting that Central Banks will create tokens over the next 2 to 3 years. Mark Cliffemight, who made the prediction, thinks that in the wake of Facebook’s Libra announcement, it is only a matter of time before central banks decide to… Read More

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