- The cryptocurrency will supposedly be called GlobalCoin and will be of the stablecoin type.
- Tests will begin by the end of this year and the digital asset is expected to be launched in a "dozen countries" by Q1 2020.
- The Bank of Russia will consider issuing a gold-backed cryptocurrency to facilitate international settlements, local news agency TASS reported on May 23.
- The consideration of a gold-backed cryptocurrency is perhaps surprising, considering that Russia has been famously anti-crypto in the past years.
The European Central Bank (ECB) has publicly stated that cryptocurrencies do not have implications on monetary policy...
The New York Attorney General's office has alleged that cryptocurrency exchange Bitfinex has lost $850 million, and...