ING: 32% of Europeans Believe Crypto Is the Future of E-Payments

News Most Europeans believe cryptocurrencies can be spent in most stores, according to the results of a survey conducted by ING Bank and published on Sept. 18. Crypto can be spent in most stores?The survey, which has seen 15,000 Europeans from 15 different countries answer questions about crypto, ..

German Gov’t Approves New Plan to Block Private ‘Parallel Currencies’

News Germany’s government has approved a blockchain strategy that aims to prevent stablecoins from becoming alternative currencies and threatening state sovereignty. Reuters reported on Sept. 18 that Chancellor Angela Merkel’s cabinet passed the strategy earlier today, in an apparent bid to mitiga..

Fed’s $53 Billion ‘Rescue Operation’ is Good News for Bitcoin

More cracks seem to be appearing in US financial markets as the central bank has to step in once again with a rescue effort. A spike in overnight borrowing rates has set alarm bells ringing as the economy teeters on a precipice which could lead to another recession. Good news for bitcoin? Fed Medd..

Bobby Lee: Chinese Always Saw Bitcoin as Investment, Not for Payments

News Bobby Lee — co-founder and former CEO of China's first crypto exchange BTCC — says the Chinese have always thought of Bitcoin as an investment rather than a payment system. Lee made his remarks during an interview for Charlie Shrem’s Untold Stories podcast on Sept. 18. Designed for non-..

European Space Agency Awards €60K for Blockchain Satellite Wallet

News The European Space Agency (ESA) has awarded a 60,000 euro ($66,400) grant for blockchain startup SpaceChain to commercially develop its satellite-powered, multi-sig wallet. According to an announcement published on Sept. 18, the new grant comes via ESA’s “kick-start activities” fund. SpaceCha..

Wells Fargo Is Tokenizing Cash But Bank Avoids “Cryptocurrency” Name

The world’s fourth largest bank is tokenizing cash using its own blockchain-inspired platform — just don’t call it a stablecoin or cryptocurrency project. On September 17th, Wells Fargo announced it was piloting an internal settlement service using distributed ledger tech (DLT), of which blockchain..