Daily Archives: 13/08/2021

Study: 55 out of 100 largest banks invest in cryptocurrency and blockchain companies

The world’s largest banks, including Barclays, Citigroup and Goldman Sachs, are expanding their involvement in the cryptocurrency and blockchain industry through funding projects and businesses in the industry. According to a study by Blockdata, 55 of the world’s 100 largest banks by assets under management interact in one way or another with the blockchain and cryptocurrency industries. Their involvement includes direct and indirect investments in cryptocurrency and decentralized ledger technology companies, according to the researchers.…

Chilean peso stablecoin appeared on the Stellar blockchain

Chilean company CLPX has launched the first ever Chilean stablecoin pegged to the peso and copper reserves, dubbed CLPX. Chile is the leading exporter of copper in the world, the share of this metal in the country’s GDP is about 21% ($ 15.2 billion). As the country’s economy was bolstered by record high copper prices, CLPX selected it as the backing for the stablecoin. “The new CLPX token aims to speed up remittances as well…