Justin Sun on his Twitter page asked subscribers how to name the new decentralized stablecoin, backed by TRX and BTT cryptocurrencies, which the TRON startup intends to release.
After examining the correspondence of Telegram consultant John Hyman and other documents, the US Securities and Exchange Commission (SEC) found that members of the TON team themselves called Gram tokens an analog of securities. Now the SEC requires the court to consider the TON case as soon as possible.
Pavel Durov, the head of Telegram, during the SEC interrogation in Dubai on January 7-8, said that he considers the Gram token to be a digital currency, and not a security. He explained that the project needed to attract as many investors and funds as possible in order to buy equipment and get enough validators for TON's stable operation.
Members of the U.S. House of Representatives have developed a bill proposing to abolish taxation of income from operations with cryptocurrencies of less than $ 200.
According to a survey by insurance company Hartford Steam Boiler (HSB), 36% of small and medium-sized US companies accept payment in cryptocurrencies. 59% of them reported that they bought cryptocurrencies for internal use.
The Libra Association has created a coordinating committee that will oversee the technical part of the development of the stablecoin Facebook.
Grayscale Investments in 2019 attracted more than $ 600 million of investments from cryptocurrency holders. This is more than for all years from 2013 to 2018 combined. 71% of the investment came from institutional.
The Bank of Lithuania decided on the appearance of the physical embodiment of its collectible cryptocurrency, which it will release in honor of Independence Day. The coin will look like a bank card with a photo of delegates who signed the Declaration of Independence.