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Facebook’s Libra Encouraged to Exclude the Chinese Yuan Being Tied to the Stablecoin

Facebook’s Libra Encouraged to Exclude the Chinese Yuan Being Tied to the Stablecoin

While Facebook is facing regulatory approvals for its Libra project, Facebook told US senators that the initial group of currencies that Libra will be likely backed by the US dollar, Euro, Yen, British Pound, and the Singapore dollar.

Bitcoin's Value to Increase Fivefold by 2023, Institutional Investors Swap Gold for BTC

Bitcoin's Value to Increase Fivefold by 2023, Institutional Investors Swap Gold for BTC

Bitcoin’s price in 2020 has beaten stocks, gold, and many other assets in year-to-date return on investment (ROI). Even billionaire hedge fund manager Paul Tudor Jones has stated that he has just over 1 percent of his assets in Bitcoin.

Could Bitcoin’s Next Price Boost Come from $8.5T in Sovereign Wealth Funds?

Could Bitcoin’s Next Price Boost Come from $8.5T in Sovereign Wealth Funds?

A prominent on-chain analyst believes Bitcoin's next boost is likely to come from sovereign wealth funds which hold around $8.5 trillion AUM, being managed by nations.

British University Reveals Blockchain-Enabled Digital Certificate to Water Down COVID-19 Dangers Across Supply Chains

British University Reveals Blockchain-Enabled Digital Certificate to Water Down COVID-19 Dangers Across Supply Chains

Birmingham City University (BCU) in the United Kingdom is testing the waters with a blockchain-based digital safety certificate to safeguard consumers and suppliers from risks triggered by coronavirus (COVID-19). The digital certificate dubbed the Coronavirus Clearance Certificate (CCC), will be instrumental in reassuring stakeholders across supply chains that goods offered are risk-free.

CertiK Announces the Completion of British Pound Backed Stablecoin on Binance

CertiK Announces the Completion of British Pound Backed Stablecoin on Binance

According to the Exchangers representative, the token was going to be referred to as Binance GBP and was going to be fully backed by British pounds reserves. He also stated that in the nearest future more fiat currency backed stablecoins would be introduced on the platform

Bitcoin Trading Should Be Banned by Central Banks, Says Former British Member of Parliament

Bitcoin Trading Should Be Banned by Central Banks, Says Former British Member of Parliament

Former Member of the British Parliament Nick Boles appears to disfavour Bitcoin, saying that the central banks should monitor the cryptocurrency’s trades.

Barclays Is Finished with Coinbase, Clearbank Steps In

Barclays Is Finished with Coinbase, Clearbank Steps In

Barclays, the London based bank, has cut ties with cryptocurrency exchange Coinbase as reported by CoinDesk.

Bangladesh Sends Graduates Abroad for Blockchain Training with IT Fund

Bangladesh Sends Graduates Abroad for Blockchain Training with IT Fund

Bangladesh has expressed its intentions to send 100 new graduates for Blockchain training in Japan and India according to reports by Bangladesh’s English-language newspaper The Daily Star on Aug 4.

Former British Politician Godfrey Bloom Announces First Bitcoin Purchase

Former British Politician Godfrey Bloom Announces First Bitcoin Purchase

Godfrey Bloom, the former British Member of Parliament, has revealed that he is making his first purchase of Bitcoin.

Coinbase Partners with DustAid for Crypto Donations During Christmas

Coinbase Partners with DustAid for Crypto Donations During Christmas

A partnership forms between Coinbase and Dustaid, to donate Crypto to NSPCC, Little Edi Foundation, and Space for Giants.

Crypto.com to bring Crypto to Formula 1 through Partnership with Aston Martin

Crypto.com to bring Crypto to Formula 1 through Partnership with Aston Martin

Crypto.com is the first cryptocurrency platform to announce a partnership with an F1 team. The crypto exchange has secured a multi-year sponsorship deal with Aston Martin.

UK Fintech Firm Mode Launches Bitcoin Banking App Enhancing Mass Consumer Accessibility

UK Fintech Firm Mode Launches Bitcoin Banking App Enhancing Mass Consumer Accessibility

London-based fintech company Mode has announced that it has unveiled its Bitcoin banking app to advance user experience.

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