The Central Bank of the Bahamas is moving forward with its state-backed digital currency by entering a new agreement. The Central Bank of the Bahamas (CBOB) will enter an official agreement for development of a digital fiat currency system on May 30, local news agency the Nassau Guardian reports on May 29. Tomorrow, the CBOB […]
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The blockchain project will present the results of a successful trial in the U.K., Estonia and Norway. A blockchain project developed to safeguard the integrity and accessibility of digital government records of national archives worldwide will soon present the results of a successful trial deployment in the United Kingdom, Estonia and Norway. The news was […]
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Public smart contract-enabled blockchain tezos is about to undergo its first hard fork today. After three months, a governance vote of public smart contract-enabled blockchain tezos (XTZ) started on Feb. 28 has been concluded — as scheduled — three months later, on May 28. Cryptocurrency news outlet Coindesk reported yesterday that the voting process has […]
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Securities services provider ABN AMRO Clearing will provide European mobile investment platform BUX with blockchain solutions. Global securities services provider ABN AMRO Clearing has signed a contract to provide European mobile investment platform BUX with blockchain technology for a forthcoming commission-free stock trading mobile app. The news was revealed in a BUX news release on […]
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Grayscale announced that out of the firm’s $2.1 billion worth of assets under management, $1.97 billion resides in its bitcoin investment trust. American digital asset manager Grayscale announced that out of the firm’s $2.1 billion of assets under management, $1.97 billion resides in its bitcoin investment trust. The firm tweeted the figures on May 28. […]
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The Bundesbank president said that easy access to digital currencies could destabilize the financial system during periods of crisis. The president of Germany’s central bank, the Deutsche Bundesbank (BBk), has warned central banks about the potential risks of introducing digital currencies, Reuters reports on May 29. Jens Weidmann, BBk president and chairman of the board […]
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Findings from the Congressional Research Service coincided with a senator’s call to ban cryptocurrency outright. Bitcoin (BTC) and cryptocurrencies are used as a speculative investment tool and not money, a report by United States think tank the Congressional Research Service (CRS) claimed on May 10. As part of an investigation into cash usage in the […]
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Compliant tokenization startup Standard Tokenization Protocol announced that it secured $7 million in funding. Compliant tokenization startup Standard Tokenization Protocol (STP) announced that it secured $7 million in funding in a press release shared with Cointelegraph on May 29. Per the release, STP raised the funds in two separate private funding rounds from multiple venture […]
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Russia’s Ministry of Internal Affairs reported on the arrest of the alleged creator of a crypto pyramid scheme from Kazakhstan. Police in Russia have arrested an alleged creator of a crypto pyramid scheme from Kazakhstan who was facing an international arrest warrant, Russia’s Ministry of Internal Affairs (MOI) officially reported on May 28. The unnamed […]
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The network’s “Coordicide” solution replaces the temporary Coordinator function in place since launch. Internet of Things (IoT) blockchain network Iota (IOTA) has completed preparations to further decentralize its transaction validation, Cointelegraph Auf Deutsch reported on May 28. According to a press release and blog post from the company, its Coordinator mechanism will now give away […]
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