• Lagarde digital euro Libra
    Cryptocurrencies,  Politics

    ECB President: Digital euro won’t replace cash, might make room for Libra

    European Central Bank President Christine Lagarde may have left the door open for the Facebook-founded stablecoin, saying that a digital euro could compete with private digital currencies

    In the biggest hint yet that the ECB is open to the idea of welcoming a project like Libra—subject to regulatory compliance, of course—Lagarde said a digital euro “could provide an alternative to private digital currencies and ensure that sovereign money remains at the core of European payment systems.

  • JD.com supports digital yuan
    Cryptocurrencies,  Technology

    Another Chinese ecommerce behemoth adds digital yuan support

    Plans to integrate a mobile wallet for both online and offline usage comes as China declares its central bank digital currency ready for rollout

    The project is the latest example of major Chinese consumer retail conglomerates backing China’s digital yuan project—formally known as Digital Currency/Electronic Payment, or DCEP.

  • crypto traders invest only in crypto
    Cryptocurrencies

    Most crypto traders invest only in crypto: Survey

    Cryptocurrencies are the primary investment instrument of crypto retail traders, who are comfortable with volatility

    only one-third of retail crypto traders invest in stocks and just 8% of them hold fixed income products like bonds. Furthermore, just about a quarter of the polled crypto investors has invested in other assets such as real estate, investment funds and forex. The research concludes that “Cryptocurrencies are the predominant asset class for this investor segment.”

  • Craig Wright going to trial
    Bitcoin

    Craig Wright is going to trial

    After two years, the preliminaries in Ira Kleiman’s $10 billion lawsuit against the man who claims to be Satoshi Nakamoto are over and the argument is heading to a jury

    Wright, chief scientist of nChain and genuinely father of the Bitcoin SV cryptocurrency, has long claimed to be Nakamoto, which would give him possession of the 1.1 million BTC. While virtually no one in the cryptocurrency industry believes his claim, the estate of Wright’s late partner at the time those bitcoins were mined in the project’s early days, Dave Kleiman, does and wants half.

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