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Markets
China
Mass Adoption of a Digital Euro Could Be a ‘Clear Negative’ for Europe’s Banks: BofA
A Bank of America report on a possible mass-adopted digital euro noted that such movement could spell difficulty for commercial banks that could see some of their deposits migrate to the European Central Bank.
CoinDesk - Unknown
By Jaspreet Kalra
Dec 9, 2020 at 7:04 p.m. UTC
Dec 9, 2020
ChinaBankingDigital EuroDiem
CoinDesk - Unknown
Markets
Google
India’s State-Regulated Digital Payments Network Is Dominated by Google and Walmart
A shared payments infrastructure initiated by the state and joined by major Indian banks, the United Payments Interface (UPI) accounted for over 2.2 billion transactions in November.
CoinDesk - Unknown
By Jaspreet Kalra
Dec 9, 2020 at 4:00 a.m. UTC
Dec 9, 2020
GoogleWalmartIndiaDigital Payments
CoinDesk - Unknown
Markets
Germany
Rebranded Libra Still a ‘Wolf in Sheep’s Clothing': German Finance Minister
German Finance Minister Olaf Scholz took aim at the rebranded lDiem and said it would take more than cosmetic changes to smoothen regulatory concerns.
CoinDesk - Unknown
By Jaspreet Kalra
Dec 7, 2020 at 7:36 p.m. UTC
Dec 7, 2020
GermanyEuropeLibraDiem
CoinDesk - Unknown
Markets
Circle
Biden Administration Will ‘Ultimately Be Supportive’ of Crypto: Circle CEO
Oon CNBC’s ‘Squawk Box’ on Monday, Allaire spoke about the regulatory attitudes toward stablecoins and how the incoming administration may treat crypto.
CoinDesk - Unknown
By Jaspreet Kalra
Dec 7, 2020 at 7:17 p.m. UTC
Dec 7, 2020
CircleJoe BidenStablecoinsCryptocurrency Regulations
CoinDesk - Unknown
Markets
Changpeng zhao
Binance Expects to Earn From $800M to $1B This Year, CEO Says: Report
Cryptocurrency exchange Binance will likely earn between $800 million and $1 billion this year. That's up from about $570 million in 2019.
CoinDesk - Unknown
By Jaspreet Kalra
Dec 4, 2020 at 5:46 p.m. UTC
Dec 4, 2020
Changpeng ZhaoBinance
CoinDesk - Unknown
Markets
Fidelity digital assets
Bitcoin a ‘Potential Store of Value’ That's Very Volatile: Fidelity Digital Assets Head
Many investors aspire to hold bitcoin as a store of value, but right now the cryptocurrency is very volatile, said the head of Fidelity Digital Assets.
CoinDesk - Unknown
By Jaspreet Kalra
Dec 3, 2020 at 9:27 p.m. UTC
Dec 3, 2020
Fidelity Digital AssetsBitcoin Volatility
CoinDesk - Unknown
Markets
Swiss national bank
Swiss Wholesale CBDC Trial Shows 'Feasibility' for Central Bank Money on Distributed Ledger, BIS Says
A Swiss experiment on how central bank money can be linked to markets built on distributed ledger technology (DLT) yielded positive results.
CoinDesk - Unknown
By Jaspreet Kalra
Dec 3, 2020 at 4:55 p.m. UTC
Dec 3, 2020
Swiss National BankBISDLTCBDCs
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Business
Charities
Crypto Version of 'Giving Tuesday' Returns With 10 Times as Many Charities
While only 12 non-profits had signed up for the event last year, crypto donations platform The Giving Block said that over 120 such organizations will be taking part in this year.
CoinDesk - Unknown
By Jaspreet Kalra
Nov 30, 2020 at 11:25 p.m. UTC
Nov 30, 2020
CharitiesCrypto DonationsGiving Tuesday
CoinDesk - Unknown
Markets
Ponzi schemes
US Justice Department Extradites Alleged Co-Founder of Crypto Ponzi Scheme From Panama
The accused, Gutemberg Dos Santos, has been charged in an indictment and was extradited from Panama on Nov. 25.
CoinDesk - Unknown
By Jaspreet Kalra
Nov 30, 2020 at 6:03 p.m. UTC
Nov 30, 2020
Ponzi SchemesDOJExtradition
CoinDesk - Unknown
Policy
Censorship
In India, a Clash of Digital Innovation and Internet Censorship
Among democracies, the Indian government tends to shut down the internet most frequently. Can crypto thrive in this environment?
CoinDesk - Unknown
By Sandali HandagamaJaspreet Kalra
Nov 25, 2020 at 1:00 p.m. UTC
Nov 25, 2020
CensorshipIndiaTechnologyMediaCoinDCXDigital Payments