Christine Lagarde says financial institutions should foresee the demand for stablecoins
ECB President: ‘We Better Be Ahead of Curve’ on Stablecoins [cointelegraph]
Cryptocurrency News
Joe Lubin’s ConsenSys Reportedly Shutters Operations in India and Philippines [btcmanager]
Ethereum blockchain development firm ConsenSys has reportedly shuttered its operations in India and Philippines “due to a realignment of the sales and services team” in the two countries. This, according to a report by Coindesk, December 11, 2019. Company Realignment to Blame Joe Lubin, one of the co-founders of Ethereum blockchain reportedly informed ConsenSys teams
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Weibo Continues Rage at Tron and Binance: Sun and Yi He Blocked [cointelegraph]
After blocking Binance in November, Weibo continues its apparent anti-crypto campaign by suspending accounts of Tron’s Justin Sun and Binance’s Yi He
IBMR and Blockchain Firm Algorand Launch Microfinance Platform [cointelegraph]
IBMR and Algorand are jointly launching a microfinance platform and a dedicated token to promote financial inclusion in Southeast Asia
Enjin (ENJ), ICON (ICX) Lands Price-Boosting Listing on Binance.US [btcmanager]
In a blog post published on December 12, 2019, Binance cryptocurrency exchange’s U.S. arm – Binance.US – announced that it will be listing Enjin (ENJ) and ICON (ICX) digital tokens. Binance.US Adds ENJ and ICX Support Binance.US, the U.S.-centric arm of Maltese crypto exchange Binance now allows its users to trade ENJ and ICX digital
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Bitmain Expands in South America as Its Market Share Drops to 66% [cointelegraph]
The world’s top crypto mining hardware firm Bitmain expands its distribution in South America as its market share has been sliding
Government of Abkhazia to Intensify Identification of Crypto Mining Farms [cointelegraph]
Abkhazia looks to crack down on illegal cryptocurrency mining
ING Bank to Offer Cryptoassets Custodial Services by 2020 [btcmanager]
ING Bank, a Dutch multinational financial services corporation with total assets of $1.1 trillion, has announced that it’s actively working on its blockchain-based virtual currency custodial platform, to enable its clients to store their bitcoin (BTC) and altcoins securely. Though the custodial solution is still in its early stages, the bank says it sees huge
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Binance Announces Partnership With Paxful Enabling 167 Fiat Currencies [cointelegraph]
Binance added support for 167 fiat currencies through a partnership with Paxful
Blockchain and AR a Winning Solution at Elev8CON’s Startup Showcase [cointelegraph]
Blockchain and augmented reality company wins Elev8CON’s Startup Showcase