According to former CFTC Commissioner Sharon Bowen, the U.S. is behind other nations working on a CBDC. Sharon Bowen, a former Commissioner at the United States Commodities Futures Trading Commission, today said that the U.S. was falling behind other nations that are working on a central bank digital currency, or CBDC. During a webinar hosted […]
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Tether has reached $10 billion in market capitalization as growth in 2020 picked up. Tether (USDT) has reached a market capitalization of more than $10 billion as of July 22. The milestone was announced by Tether and also seen through the market price aggregator CoinGecko. Tether’s issuance has seen a significant growth in 2020, doubling […]
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China’s Supreme Court has called to strengthen property laws pertaining to digital currency, network virtual property and data. The Chinese Supreme Court believes that cryptocurrency property rights should be strengthened. In a document published on July 22, China’s Supreme Court calls for strengthening the protection of property rights pertaining to — among other things — […]
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Numerous emerging crypto markets are showing dramatic growth in P2P trade, with India and Ghana producing enormous growth during 2020. Half a dozen emerging markets have established new records for weekly peer-to-peer (P2P) Bitcoin (BTC) trading, including India, Ghana, the Philippines, Argentina, Mexico and Egypt, according to data published by Useful Tulips. India comprised the […]
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South Korea has finalized a new 20% tax rate for income generated from crypto trading. The South Korean government has announced a 20% tax rate for income generated from cryptocurrency trading. Following a Tax Development Review Committee meeting on July 22, the Ministry of Economy and Finance published its revised tax code detailing the new […]
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Bitcoin has settled $712 billion already in 2020, while stablecoins have already seen their biggest year ever. Cryptocurrency public blockchains will settle more in 2020 than ever before and have already topped $1.3 trillion, data shows. Compiled by analytics firm Messari on July 21, the figures reveal that Bitcoin (BTC) has settled $712 billion so […]
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BRD’s chief executive shares his experience of operating a ‘Bitcoin help hotline’ during 2015. In an interview with Cointelegraph, Adam Traidman, the CEO of wallet provider BRD, recounted operating a phone support line for cryptocurrency users during the company’s infancy. After starting BRD, formerly Breadwallet, in 2015, Traidman recalls the firm’s CMO deciding to launch […]
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Lawyers for the video-sharing platform argue that because Ripple impersonators were third-parties it has no liability. YouTube’s legal team has argued the platform is immune from liability for cryptocurrency scams perpetrated as part of its video content or descriptions. Attorneys for Ripple and CEO Brad Garlinghouse filed a lawsuit against YouTube in April in response […]
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Leading NFT collectibles issuer Dapper Labs has announced a deal with Dr. Seuss Enterprises to launch tokenized collectibles depicting the firm’s iconic characters. Dapper Labs, the team behind the pioneering non-fungible token (NFT) game CryptoKitties, has partnered with Dr. Seuss Enterprises to launch tokenized digital collectibles depicting the company’s most iconic characters. Announced on July […]
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OpenAI’s third-generation language prediction model wrote a 750-word review of itself, fooling many readers. Developer Manuel Araoz has played a practical joke online to demonstrate the potential of artificial intelligence bots — by having a bot write an article about itself. According to a July 18 post on Araoz’s blog, AI development company OpenAI released […]
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