Tags : Questions

Bitcoin

Bank of Japan governor slams Bitcoin, questions its usage in

Bank of Japan governor Haruhiko Kuroda questioned Bitcoin’s use case during an interview yesterday, business news outlet Bloomberg reported. The bank is currently testing a ‘digital yen,’ the digital version of its fiat currency, but remains shaky on the topic of cryptocurrencies. “Most of the trading is speculative and volatility is extraordinarily high,” Kuroda said, […]Read More

Market

Questions About Tether Just Won’t Go Away. Does the Crypto

Stablecoins are a key cog in the cryptocurrency machine. The recent bull market has rekindled a long-simmering debate over whether the biggest such coin is, well, stable. While bitcoin, ether and altcoins have seen astounding price rallies over the past four months, some of the most important growth has been in the cryptocurrencies known as […]Read More

Market

Tether’s Bank Says It Invests Customer Funds in Bitcoin, Raising

Deltec, Tether’s Bahamas-based bank, announced Thursday it was investing customer funds in bitcoin. The announcement, made by Deltec Bank & Trust Chief Investment Officer Hugo Rogers during a year-in-review video, raises new questions about whether the dollar-pegged USDT stablecoin, which is in theory backed by cash and “cash equivalents,” as well as “other assets and […]Read More