The World Bank used a blockchain to raise over $33 million for its Kangaroo bond. The World Bank raised over $33 million for its Kangaroo bond on a blockchain. The international organization announced on Aug. 16 that it raised an additional A$50 million (over $33 million) for its Kangaroo bond due August 2020, using a […]
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Santander to allow clients in Latin American countries to send money to the U.S. for free through tech developed by Ripple. Spanish banking giant Santander plans to expand Ripple-powered global payment solution to Latin America, a Santander spokesperson told Cointelegraph on Aug. 19. Citing rising transaction volume, Santander wants to expand Ripple’s xCurrent technology to […]
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Ethereum co-founder Vitalik Buterin says the Ethereum blockchain is almost full and this pressure is keeping organizations from joining. Ethereum co-founder Vitalik Buterin says the Ethereum blockchain is almost full. In an interview with The Star published Aug. 19, he said the hurdle that faces big organizations interested in the Ethereum ecosystem is the still-thorny […]
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Binance’s intended launch of a Libra-like stablecoin appeared to buoy markets as Bitcoin reversed previous losses. Bitcoin (BTC) price was returning to bullish form on Aug. 19 as markets look to break out from last week’s sideways trading. Market visualization. Source: Coin360 Bitcoin price builds on $10K support Data from Coin360 revealed Bitcoin challenging $11,000 […]
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The existence of private decentralized cryptocurrencies like Bitcoin has a healthy impact on governments’ fiscal and regulatory policy, a new analysis contends. The existence of private decentralized cryptocurrencies like Bitcoin (BTC) has a healthy impact on governments’ fiscal and regulatory policy, a new analysis contends. TThe argument was put forth in a paper published on […]
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The Association of Cryptocurrency Enterprises and Startups, Singapore, has developed a Code of Practice in partnership with multinational law firm Linklaters. The Association of Cryptocurrency Enterprises and Startups, Singapore (ACCESS) has developed a Code of Practice in partnership with multinational law firm Linklaters. A Global Legal Post report published Aug. 19 revealed that ACCESS had […]
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Three cryptocurrencies are now available for spot trading, with a smartphone app set to follow. Japanese cryptocurrency exchange Rakuten Wallet has launched trading a year after acquiring Everybody’s Bitcoin. Three trading pairs go live Confirmed in a press release on Aug. 19, Rakuten Wallet, which is a subsidiary of Japanese e-commerce giant Rakuten, said spot […]
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Beijing’s state-issued offering might also help keep funds flowing into bank deposits, mainstream media reports. China’s answer to Facebook’s Libra digital currency could help the central bank attract business away from Alipay and WeChat Pay. Speaking to mainstream media outlet the South China Morning Post (SCMP) on Aug. 19, Cindy Wang, an analyst at DBS […]
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Binance says it is launching its own “independent regional version of Libra” calling for governments and businesses with strong influence and interest to join the initiative. Top cryptocurrency exchange Binance is launching an open blockchain project “Venus” focused on developing localized stablecoins worldwide. In an announcement published today, Aug. 19, the exchange argues it is […]
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Non-custodial keyless digital wallet ZenGo now supports Libra’s testnet and allows its users to experiment with sending and receiving Facebook’s new cryptocurrency. On Aug. 18, the developers of ZenGo, a non-custodial keyless cryptocurrency wallet solution, announced that their app now supports Facebook’s Libra testnet. Experimenting with Libra According to the announcement, now users “can send […]
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