Tag: Cryptocurrency

Meet Youssof Altoukhi, a very young entrepreneur who has launched his own coin ‘Y Coin,’ intending to set a template on how to democratize decision-making when launching a project or token. Grew up in London, Youssof, in his 16, has had a surprising various entrepreneur practice. His first move into business involved selling products to…

Gillian Tett writes in the FT column on how the Boston Fed and MIT are building an entirely new CBDC platform to displace existing cryptocurrencies. Later this month, the Federal Reserve holds its Jackson Hole meeting to discuss another big experiment: how soon can the Fed create an effective central bank digital currency (CBDC)? The…

Each cryptocurrency has its own technological properties, appeal to buyers, and unique backstories. They are typically ranked by market capitalization because the value of a cryptocurrency reflects investor appetite. But behind the tokens, blockchains, and prices, there are more complex stories about each cryptocurrency. Nasdaq Inc. selected the top ten of the largest and most…

Mastercard revealed plans to develop products and services around cryptocurrencies, stablecoins, and central bank digital currencies (CBDCs). The company wants to play a role in all three vibrant crypto areas, according to the CEO. Mastercard’s CEO, Michael Miebach, provided an update of the company’s cryptocurrency plans during the earnings call on Thursday. He explained that…

Payments giant Paypal is hiring more than 100 crypto-related positions as demand for cryptocurrencies grows. Paypal’s CEO recently revealed the company’s expansion plans. According to job postings on the company’s website, there is at least 102 job openings connected to cryptocurrency and blockchain that include crypto-focused roles in compliance, anti-money laundering, and business development for…

India’s Ministry of Finance has clarified some questions concerning the status of cryptocurrency, crypto regulation, and crypto investor protection in the country. The minister also indicated that the recommendations in the draft bill proposed by the interministerial committee are still being considered. The Indian minister of finance, Shri Pankaj Chaudhary, answered Monday some questions about…