Celo will launch the euro pegged stablecoin cEUR

Celo will launch the euro pegged stablecoin cEUR

The developers of the Celo decentralized protocol are planning to launch the cEUR stablecoin, which will be backed by a basket of digital assets pegged to the euro. The launch is scheduled for March 2021. This was announced by Marek Olszewski, a partner at cLabs, a firm involved in the development of the project. The protocol is still at the testing stage, but in a few months the developers will be ready to “release it”.…

Ernst & Young proposes to the court to change the date of calculation of rates of cryptoassets for payments to creditors QuadrigaCX

Ernst & Young proposes to the court to change the date of calculation of rates of cryptoassets for payments to creditors QuadrigaCX

The trustee of the closed cryptocurrency exchange QuadrigaCX will agree with the court on the date of fixing cryptocurrency rates for payment of compensation. On January 26, Ernst & Young (EY) will go to court with a proposal to set a date for assessing claims for cryptocurrencies instead of the date of bankruptcy of the exchange on April 15, 2019. The trustee takes a different position than one of the claim holders, the cryptocurrency startup…