Stablecoin Euphoria: Cryptocurrency Finance Firm Circle Releases Its First USD Stablecoin

After four months of talks about a dollar-backed stablecoin, the Boston-based peer-to-peer payments and technology company Circle has finally announced its release. Developed with the help from the company’s CENTRE affiliate consortium, USD-backed digital token called USD Coin (USDC) officially went live today, September 26. Being rated 1:1 to a fiat currency, USDC is now […]

Regulatory Pressure Mounts: Congressman Petitions for ‘Light-Touch’ Approach to Cryptocurrency

Yet another important political figure has emphasized the need for a reasonable and well-thought-out regulatory approach towards the emerging cryptocurrency field. ‘Thoughtful, Bipartisan Approach’ The pressure on regulators for a comprehensive and “light-touch” legislative approach towards the field of cryptocurrencies has been nothing but increasing. Live Bitcoin News reported September 15th that the Chairman of […]

Coinbase Partners with Caspian to Add Professional Crypto Trading Tools

Leading U.S.-based cryptocurrency exchange Coinbase has partnered with Caspian, an institutional grade crypto trading platform. The collaboration will allow institutions, professional traders, and existing customers of Coinbase Prime to leverage Caspian’s trading tools and single sign-on access to the exchange platform. A Win-Win Deal Coinbase, the U.S.-based cryptocurrency exchange which is one of the largest […]

JPMorgan’s Blockchain-Based Remittance Initiative Attracts 76 Global Banks

JPMorgan Chase is making history with their Interbank Information Network (IIN) by having the most banks to join a live blockchain-based financial application. Institutional investors are much more wary of cryptocurrencies than they are of blockchain technology. While JPMorgan Chase may not be enthusiastically hopping on the Bitcoin bandwagon just yet, they have undoubtedly jumped onto […]