China continues to lead in developing its central bank digital currency (CBDC) as it now considers giving it a legal foundation in an upcoming law revision, reported South China Morning Post. In the past few weeks, the trial of the digital yuan in the real world took place through the giveaway of 50,000 digital “red […]
Category: STO News
Will Airline Stocks Recover Faster Under Trump or Biden?
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Although every election is hailed as “the most important” to drive the voting enthusiasm, the Biden/Trump election certainly seems to invoke a high degree of tension. The pandemic has taken a toll on many […]
One of Asia’s Largest Banks, DBS, Launches Fiat-to-Crypto Exchange; Opens with BTC, BCH, ETH, & XRP
2020 is all about cryptocurrencies as the tide turns. The latest one to jump on the digital currency bandwagon is the largest retail and commercial bank of Singapore, DBS. The bank has soft-launched its cryptocurrency and fiat trading exchange with Bitcoin (BTC), Ethereum (ETH), XRP, and Bitcoin Cash (BCH) as the primary listed crypto assets. […]
Zcoin (XZC) to Rebrand Its Blockchain And Cryptocurrency to Firo (XFR) At Mainnet Launch on November 30
Privacy-enabled Zerocoin (XZC), also known as ZCoin, will rebrand to ‘Firo,’ pronounced Fee-Roh, starting on November 30th. This coincides with the mainnet upgrade launch that switches the privacy mechanism to a “burn and redeem” model. According to a press release shared to BEG desks, Zerocoin will adopt a new name following the mainnet binaries for […]
UK blockchain firm to build crypto banks in India
The London-based Fintech firm is looking to open a number of physical crypto branches and operations in Northern India The blockchain company, Cashaa, announced yesterday it will be collaborating with India’s United Multistate Credit Cooperative Society to develop a new venture. The two seek to jointly build a crypto-friendly institution dubbed UNICAS and will include […]
DBS Bank Is Launching Crypto Exchange with Multi-Fiat Support
The bank will offer crypto custodian and security token services as well.
Bitcoin Gains Value in Its Interplay Between Facets, Suggests JPMorgan
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Breaking BTC’s historical threshold of being adopted by the world’s biggest payment processing platform has its own domino effects. After Mode Global Holdings PLC, Square, and many other institutional investors poured funds into Bitcoin […]
BIS to Launch A ‘Proof of Concept’ CBDC With Swiss National Bank By End of the Year
Central Bank Digital Currencies (CBDC) are becoming very popular amongst countries globally. It seems every day there is a new country popping up to release news that they are either researching or denouncing the need for a CBDC. The latest development shows that by the end of 2020, the Swiss National Bank (SNB) and Bank […]
3 Stocks to Consider For a Volatile November
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. The markets are currently going through another phase of volatility — which is no surprise with the ongoing pandemic and the impending U.S. presidential elections. Investors’ best bets are to choose stocks that are […]
Blockchain Expo Europe: a must-see event for industry professionals
As we head into November next week, we thought it was worth taking a look to see what we can expect at the Blockchain Expo Europe this year The Blockchain Expo Europe 2020 will take place at the end of November, with virtual talks taking place for two days and live talks taking place in […]