NBH Bank and New York Community Bank have conducted the first USDF transaction over the Provenance Blockchain. NBH Bank minted the newly introduced stablecoin and sent it to a customer of New York Community Bank as part of a test run.USDF is a stablecoin offered by the USDF Consortium, a group of FDIC-backed banks that announced its formation last week. “We expect our … [Read more...] about FDIC-Backed Banks Send Stablecoins in USDF First
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Turkey President Erdogan to Send Crypto Law to Parliament: Report
Turkey’s President Recep Tayyip Erdoğan will send a crypto law to the country’s parliament, two European publications, ABC Gazetesi and the Daily Sabbah reported Friday. “The law is ready, we will send it to the Parliament soon without delay,” Erdogan told journalists in Istanbul, according to the ABC Gazetesi. Bitcoin and other cryptocurrencies have grown increasingly popular … [Read more...] about Turkey President Erdogan to Send Crypto Law to Parliament: Report
Higher Inflation Expected to Send Bitcoin and Gold Higher Into End of Year
“Our view that there has been a profound paradigm shift in the global economy: The risk of inflation being durably above official targets is now a serious risk, and it is featuring prominently in corporate and household decisions once again,” Deutsche Bank strategists wrote in a research note on Wednesday. Source link … [Read more...] about Higher Inflation Expected to Send Bitcoin and Gold Higher Into End of Year
Huobi Focuses on Expansion, Sponsors Contest to Send One Winner Into Space
“In terms of user growth, we’re seeing increasing activity across Southeast Asia and the CIS [Commonwealth of Independent States] region. We only recently launched operations in Latin America, but the region is also showing a lot of promise,” Jeff Mei, Director of Global Strategy at Huobi Group, told CoinDesk. Source link … [Read more...] about Huobi Focuses on Expansion, Sponsors Contest to Send One Winner Into Space
Huobi wants to send someone to space for its 8th birthday
Huobi Group, a major global blockchain company behind the world’s third-largest cryptocurrency exchange by trading volume, is celebrating its eighth birthday in a somewhat unusual way.The company will hold a series of events as part of its eighth-anniversary celebrations, including giveaway promotions and a space travel ticket, Huobi told to Cointelegraph on Wednesday.Huobi … [Read more...] about Huobi wants to send someone to space for its 8th birthday