Eight institutions will reportedly receive the first installment of China’s upcoming central bank-issued digital currency, including Alibaba and Tencent. According to sources, the People’s Bank of China is giving its first round of central bank digital currency (CBDC) to online retail giant Alibaba, Internet giant Tencent, five banking organizations and one unknown entity. The first […]
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Blockchain-based web browser Brave has announced work on a crypto wallet, but it does not yet support any direct interaction with tokens earned via Brave Rewards. Blockchain-based web browser Brave has unveiled a cryptocurrency wallet for Ethereum tokens that is currently in development. Incompatible with Brave Rewards Brave discussed their work so far in a […]
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The chairman of the US SEC says he is for technological solutions that reduce the cost of international payments, but the SEC won’t change the law to facilitate them. United States Securities and Exchange Commission (SEC) Chairman Jay Clayton says he won’t make exceptions in securities law for cryptocurrencies, but he won’t stand in their […]
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Transparency builds trust in cryptocurrency and dispels ‘wild west’ image, according to Jesse Spiro, global head of policy at blockchain analytics firm Chainalysis. Jesse Spiro, global head of policy at blockchain analytics firm Chainalysis, has said that he believes that transparency builds trust in crypto. Speaking with Cointelegraph, Spiro addressed widespread concerns that blockchain analytics […]
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Winklevoss’ crypto exchange and custodial service Gemini has joined the Silvergate Exchange Network to provide clients with real-time, automatic fiat transfers. Gemini, the cryptocurrency exchange founded by the Winklevoss twins, is joining crypto-friendly bank Silvergate’s Silvergate Exchange Network (SEN) to speed fiat transfers. Real-time fiat money transfers Gemini announced the move in an official blog […]
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The vice-chairman of Swiss National Bank says that Libra’s documentation is vague and still missing some details. Switzerland’s central bank, Swiss National Bank (SNB) is in close contact with the relevant authorities over Facebook’s Geneva-based crypto project Libra. The news comes from SNB vice-chairman Fritz Zurbruegg via a Reuters report from Aug. 27. Libra documentation […]
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Argo Blockchain, a cryptocurrency mining firm, pushes aggressively to increment its hashrate. Cryptocurrency mining firm Argo Blockchain is reportedly increasing its hashrate as the company’s stock price soars. An aggressively expanding mining firm United Kingdom-based business news outlet ProactiveInvestors reported on Aug. 27 that crypto mining company Argo Blockchain is expanding its mining capabilities after […]
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Crypto custody solutions are on the rise, and Coinbase appears to be taking over the market — who else is chasing the number one spot? Cryptocurrency custody providers seem to be springing up all over the global digital landscape in 2019, and the crypto platform Coinbase emerging as the leader in the sector. At their […]
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CoinMarketCap’s DATA Alliance met in a roundtable today to discuss the use of liquidity metrics, self-reported data and a unified crypto asset ID database. CoinMarketCap (CMC), a major source of data about all traded cryptocurrencies, has set the target date of Nov. 12, 2019 to announce a new liquidity ranking system. DATA Membership CMC revealed […]
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Global banking giant HSBC becomes the first bank to finance a transaction on European blockchain trade platform we.trade. Multinational banking giant HSBC has reportedly become the first bank to complete financing transaction on European blockchain trade platform we.trade. Since we.trade started the project back in 2017, HSBC recently financed a transaction on the platform within […]
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