By CCN Markets: TASS, a major news agency in Russia wholly owned by the federal government, has reported that Russia will not legalize Libra, merely days after its highly anticipated announcement. An excerpt from TASS’ report read: “Russia will not legalize the use of Libra cryptocurrency, which Facebook plans to introduce into circulation in 2020. This opinion was expressed by the chairman of the State Duma Committee on the Financial Market, Anatoly Aksakov, in an interview with the radio station Kommersant FM on Tuesday.” With France and the U.S. currently evaluating Libra based on existing regulatory frameworks governing the crypto sector,
After 35 days, the U.S. partial government shutdown may be finally coming to an end. According to the Drudge Report, President Donald Trump is planning to hold a press conference at 1:00 pm ET to elaborate on the details. Temporary Reprieve A new funding agreement to re-open the U.S. government will likely be announced after
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By CCN.com: The total market capitalization of the cryptocurrency market is currently over $ 120 billion. However, studies show that billions of dollars worth of this market cap is from built-in inflation. Over the course of 2018, $ 15 billion in new tokens entered the supply, buttressing the overall market valuation even as prices plunged. Bitcoin Inflation
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The Civil Media Company and The Associated Press (AP) have announced a partnership to license AP news content for use by newsrooms that use Civil. The news was revealed in a blogpost on Civil’s website on Tuesday, August 28. Potential Synergy Between Civil and AP Under the terms of the agreement, AP will deliver news content
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Controversial cryptocurrency company Tether has “printed” $ 415 million worth of new tokens in August, vaulting the so-called “stablecoin” into the eighth position in the market cap rankings. Tether Market Cap Hits All-Time High CCN reported last week that Tether had already issued close to $ 200 million worth of USDT in August, and the firm kept
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On June 18 the non-profit organization the Freedom of the Press Foundation announced people can now donate five different cryptocurrencies to the organization that supports free speech, whistleblowers and the freedom of the press. The foundation details cryptocurrency donations in BCH, LTC, ZEC, ETH, and BTC will help fund the various projects that promote freedom including its whistleblower submission system.
Big news in the crypto world – NAGA and Ontology have announced the start of a long-term strategic partnership to commence a significant and powerful change in business operations, and bring high-performance public blockchains that include a series of complete distributed ledgers and smart contract systems to the massive financial technology markets.
The partnership of the two giants will be aimed at exploring application development, outreach, incubation, and building a new generation of public blockchain infrastructure and a distributed trust ecosystem. The purpose will be to support real business applications and scenarios.
Media outlets are touting what would amount to a major shake-up of cryptocurrency exchanges, Bitarg Exchange selling off a little less than half its business to Yahoo Japan. Reports even detailed how Yahoo Japan (YJFX) would then launch still another exchange built on Bitarg’s system by spring of next year. As of March 23, Bitarg is vigorously denying press accounts, insisting they were instead “studying various possibilities.”
Also read: Bitcoiners Demand More Crypto CFDs and Spread-Betting in the UK