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A new Market Integrity Working Group, tasked with the responsibility of ensuring fairness and accountability in the crypto space, will be co-chaired by senior executives of both Ripple and Coinbase.
Bakkt is going to launch its app already in 2020. And it is expected that it will have more in common with PayPal than with Coinbase.
The attendees of the WEF 2020 have actively discussed the concept of a digital dollar and the necessity to match up to China with its digital yuan.
At the World Economic Forum in Davos, there were a lot of discussions of the role of digital assets and the U.S. dollar in the global economy. Facebook’s Libra has also influenced the direction of the talks.
The Winklevoss twins-led exchange, Gemini, proved its mettle once again as it became the first exchange in the crypto space to pass the much respected Deloitte SOC 2 Type 2 security examination.
During an interview at the WEF 2020 event in Davos, Garlinghouse said that more crypto companies will plan to go for an IPO in 2020. The Ripple CEO is confident about the company’s position in the evolution of the payments industry.
Despite a growing interest by global organizations and government institutions for the blockchain technology, the industry saw a drop in new funds raised. Ripple managed to steal the show with over $200 million raised in Series C funding.
BitMEX has announced that it will launch the XRP/USD quanto product while the platform’s UP and DOWN contracts will be delisted.
Tether, the issuer of USDT, announced a new gold-backed stablecoin. This token is said to be issued on the Ethereum and Tron blockchains.
Ripple experienced a massive 80% drop in its total sales of XRP in Q4 2019. The figures in the recent report are the lowest in the past 36 months.
The study shows that the number of BTC addresses holding the Bitcoin tokens have surged by more than 10%. Also, a detailed observation demonstrates that retail participation is also on the rise.
Two new partners, Bottomline Technologies and Tranglo, are currently working on integrating Ripple’s technology for their cross-border payments. The U.S. Treasury might also be supportive.
Binance has recently announced another investment. This time it has chosen an open-data framework protocol called Numbers.
Pornhub is expanding the range of payment options for the users of the website. One of the new options is a cryptocurrency – Tether (USDT).