Welcome to Acorn Phase 5!
-APR is 10.62%
-6000 EOS Limit
-Starts at 10:00 am(UTC +8)
-Feb. 17 2020
China Takes Additional Steps to Digitise the Renminbi
According to the Financial Times, The People’s Bank of China has recently filed applications for more than 80 patents, paving the way for the launch of a new digital currency. http://bit.ly/2UPlhjWMoonX
Credit Card Fees Jump while Bitcoin Transaction Costs Remain Stable
As Credit Card charges continue to increase, while Bitcoin’s have remained relatively stable.Bitcoin offers advantages particularly for international transactions, use cases for Bitcoin should continue to proliferate. http://bit.ly/38o9PQtMoonX
Federal Reserve System Chairman Comes out in Favor of Private Digitalcurrency Transactions
Federal Reserve System Chairman Jerome Powell has come out in favour of digital currencies in his recent comments to the House of Representatives Committee on Financial Services. http://bit.ly/2UK5HGlMoonX
Australia’s Blockchain Roadmap Isn’t Music to Everyone’s Ears.
Australia has published its national roadmap, that defines how blockchain technology could benefit the local economy over the next five years, but some experts are not impressed with the new roadmap’s content. Read More: http://bit.ly/2tQTCURMoonX
Japanese Lawmakers Call For Digital Yen So They Are Not Left Behind When China Launches The Digital Yuan
Kozo Yamamoto, a senior lawmaker from Japan’s ruling Liberal Democratic Party, has called for the development of a digital yen within “two-to-three years” to counter the digital currency initiatives of China and Facebook. http://bit.ly/31RhuUYMoonX
The new Strong Customer Authentication (SCA) on contactless payments proved new findings.
The new EU regulations on contactless card payments have forced banks such as RBS to issue replacement cards to thousands of its customers. http://bit.ly/2SvhKVeMoonX
Wall Street Group Urges IRS to Let People Buy Coffee With Bitcoin (BTC) and Crypto Without Getting Taxed
Blockchain advocates and entrepreneurs from the New York-based nonprofit Wall Street Blockchain Alliance (WSBA) issued a letter to the Internal Revenue Service, urging the agency to do more to incentivize consumers to spend their Bitcoin on bagels or t…
ESMA postpones introduction of CSDR’s settlement discipline regime
The CSDR regulation is announced to come into effect on 1stFebruary 2021, giving industry participants an extra six months to prepare. http://bit.ly/2ty4XJaMoonX
BIS calls for wider adoption of FX Global Code
BIS has called for Financial firms and asset managers in the global foreign exchange market to adopt FX Global Code to discourage misconduct in the market. http://bit.ly/2OtMS6oMoonX