Business

Circle CEO Says Tokenized Fiat Currencies Are on the Horizon

[ad_1] 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 currenciesIn 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 2013, I think our belief has
Business

Cointelegraph Launches Korean HQ in Seoul, Expanding Presence in Asia

[ad_1] 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 representatives
BLOCKCHAIN

Blockchain Wallet Adds Support for Crypto Payments Processor BitPay

[ad_1] Crypto wallet service Blockchain Wallet has integrated cryptocurrency payment processor BitPay.Payments conducted through Blockchain WalletBlockchain 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 private keys through
BLOCKCHAIN

House Financial Services Committee Will Continue Libra Review

[ad_1] 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 2019Waters 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, Waters lists Treasury Secretary Mnuchin, Consumer
BLOCKCHAIN

Bithumb Exchange to Launch Cryptocurrency Listing Committee

[ad_1] 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 expertsSouth 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 reportedly take into consideration daily trading