Circle CEO Says Tokenized Fiat Currencies Are on the Horizon

Circle’s CEO said that his company has long held that sovereign currencies will be tokenized, and that global money tokens are on the horizon. Jeremy Allaire, the CEO of blockchain-based, crypto-inclusive money transfer company Circle, said that the firm has long held that major fiat currencies would eventually be tokenized. Significant digital currencies In an interview on Aug. 21 on the podcast Global Coin Research, Allaire said that Circle has thought for years that sovereign currencies would eventually be digitized. He stated: “When we got started with Circle back in…

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Cointelegraph Launches Korean HQ in Seoul, Expanding Presence in Asia

Cointelegraph celebrates continued growth with the launch of our Korean language version and the opening of a new office in Seoul. Cointelegraph is pleased to announce that we are continuing to increase our presence in Asia with the launch of Cointelegraph Korea. Today, Aug. 23, we celebrated the launch of a Korean-language version of Cointelegraph and the opening of our Korean headquarters in Seoul. To commemorate the move, Cointelegraph hosted an event in the city’s financial district, attended by over 150 guests from the finance and blockchain industries. Guests included…

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Blockchain Wallet Adds Support for Crypto Payments Processor BitPay

Blockchain Wallet is now fully integrated with crypto payment processor BitPay, allowing Blockchain users to conduct payments through its digital wallet. Crypto wallet service Blockchain Wallet has integrated cryptocurrency payment processor BitPay. Payments conducted through Blockchain Wallet Blockchain announced the news on Aug. 23, stating that it now allows its users to copy or scan invoices, allowing them to make a Bitcoin (BTC) payment entirely through its wallet app.  The new functionality reportedly allows users to purchase products and services available via BitPay’s online network while retaining ownership of their…

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Doing What You Want With Your Money Is a Fundamental Right

Since the birth of Bitcoin, crusaders fighting for the separation of money and state discovered a new payment tool that bypasses the nation state’s control over the monetary system. For over ten years now, lots of people have been using digital currencies to hide from prying eyes of governments in order to free themselves from a system that contributes to insanity. Also read: How to Create Non-Fungible Assets and Collectible Tokens With Bitcoin Cash The Separation of Church and State Has Proved Humans Can Remove the Monetary System From State…

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House Financial Services Committee Will Continue Libra Review

Maxine Waters, the chair of the House of Representatives’ Financial Services Committee, says continuing to review Facebook’s crypto activities is on its fall agenda. Representative Maxine Waters, chair of the United States House of Representatives’ Financial Services Committee, says the committee will continue to review Facebook’s proposed cryptocurrency Libra and the corresponding digital wallet Calibra. A priority for autumn 2019 Waters announced the committee’s priorities for fall 2019 on Aug. 23. According to the statement, the committee plans to receive the testimony and opinions from governmental officials and regulators.  Specifically,…

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Bithumb Exchange to Launch Cryptocurrency Listing Committee

South Korean crypto exchange Bithumb is forming a new committee to oversee its crypto listing process, which will convene monthly to make listing decisions. South Korean crypto exchange Bithumb will launch a new committee in September that will determine which cryptocurrencies can be traded on its platform. A monthly check by experts South Korean news daily Yonhap News reported the formation of Bithumb’s new committee on Aug. 22. The committee, entitled the Listing Eligibility Deliberation Committee, will review the exchange’s listings once a month, per the report.  The committee will…

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Bithumb To Drop Failing Coins

South Korean crypto exchange Bithumb will begin reviewing its crypto listings monthly, intending to drop failing coins. The exchange’s newly formed Eligibility Deliberation Committee will determine which coins will be dropped based on criteria including low trading volume, low market capitalization, and lack of support from developers.

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Bank of England Governor: Libra-Like Currency Could Replace US Dollar

Mark Carney, the Governor of the Bank of England, has suggested a transformation of the global financial system by replacing the U.S. dollar with a Libra-like digital currency. Mark Carney, the Governor of the Bank of England, has suggested a transformation of the global financial system by replacing the United States dollar with a digital currency similar Facebook’s Libra. Delivering his speech at the U.S. Federal Reserve’s annual symposium in Jackson Hole, Wyoming, Carney said that a Libra-like digital currency could replace the U.S. dollar as the world’s reserve currency,…

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