Month: December 2020

Swiss National Bank Tests Using of Digital Currency in Large Transactions

Swiss National Bank Tests Using of Digital Currency in Large Transactions

The Swiss National Bank (SNB) has successfully completed trials of using digital money to carry on wholesale transactions between financial institutions, according to thr Reuters recent report. Issue of SNB’s own digital currency remains an open question. The trial, dubbed Project Helvetia, was run by the SNB with the involvement of the Bank for International […]

Elon Musk Ranks Second Place After Jeff Bezos in Bloomberg Index

Elon Musk Ranks Second Place After Jeff Bezos in Bloomberg Index

Elon Musk is now the world’s second richest person after Amazon boss Jeff Bezos, according to the Bloomberg Billionaire Index 2020. Musk’s net worth has risen by $100.3 billion in 2020, marking the largest increase among those on the Bloomberg Billionaire Index. In January, Musk ranked 35th. Co-founder of SpaceX saw his net worth rise […]

S&P Dow Jones to launch Crypto Indexes Next Year

S&P Dow Jones to launch Crypto Indexes Next Year

S&P Dow Jones Indices, a global leader in providing benchmark indices to the financial markets, will add cryptocurrency indexes in 2021, according official press release of December 3. To take this step the company has partnered with crypto tax services and data provider Lukka, a U.S. , to launch the indexes, covering 550 cryptocurrencies. “With […]