The U.S. SEC has set an extremely high bar for BTC ETF applicants, but new proposals keep coming. What will it take for one to be accepted? October has been a busy month in the race to register the first crypto exchange-traded fund compliant with the requirements of United States regulators. Following the Chicago Board […]
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In his latest tarnishing of Bitcoin, the gold bug likened it to fiat currency by again suggesting it had nothing backing its value. China launching a digital counterpart of the yuan backed by gold puts Bitcoin (BTC) at a disadvantage, veteran gold bug Peter Schiff claims. In a tweet on Nov. 2, Schiff, notorious for […]
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International securities regulator IOSCO suggested that some stablecoin implementations are securities based on how they are structured. International securities regulator International Organization of Securities Commission (IOSCO) suggested that some stablecoin implementations are securities. In a statement released on Nov. 4, IOSCO informed the public that on Oct. 30 its board met to — among other […]
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The largest cryptocurrency Bitcoin forms a clear lead over other options for a ten-year investment, with gold in second place and fiat firmly losing. Almost 60% of 70,000 people would take Bitcoin (BTC) over fiat currency as a long-term investment. That was according to a new survey on Nov. 4 by Ron Paul, the ex-Texas […]
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Cointelegraph travelled to London to learn how the biggest names in finance — including IBM, Accenture, and McKinsey & Company — are adopting blockchain technology. Blockchain technology is reshaping the face of our global financial system, and it goes far beyond cryptocurrencies alone. Since Bitcoin’s arrival, the conventional finance world has been intrigued by blockchain, […]
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According to Turkey’s 2020 Annual Presidential Program, digital lira pilots should be finalized by the end of 2020. Turkey’s President Recep Tayyip Erdogan directed that the government should finish testing the national central bank digital currency (CBDC) in 2020. The country’s national blockchain-based digital lira is planned to be issued by the Central Bank in […]
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Bitcoin futures are the latest market to see sudden volatility, with traders voicing concerns about manipulation across the BTC and crypto markets. Bitcoin (BTC) trading is coming under the spotlight this week after another flash crash sparked concerns that traders are manipulating markets. As various social media users noted, including statistician Willy Woo on Nov. […]
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Business-to-business cross-border payments carried out on a blockchain will exceed $4.4 trillion by 2024, after reaching $171 billion this year, says Juniper Research. The value of Business-to-Business (B2B) cross-border payments carried out on a blockchain will exceed $4.4 trillion by 2024, after reaching $171 billion this year. According to a press release published by Juniper […]
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One year after launching a trailblazing licensing scheme for cryptocurrency fund managers, Hong Kong’s securities regulator has issued few and far between. One year after launching a trailblazing licensing scheme for cryptocurrency fund managers, Hong Kong’s securities regulator has issued few and far between. According to a Reuters report on Nov. 5, the licenses introduced […]
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China’s forthcoming digital renminbi is unlikely to use blockchain, considers Ethereum co-founder and ConsenSys CEO Joe Lubin. China’s forthcoming digital renminbi is unlikely to use blockchain, considers Ethereum (ETH) co-founder and ConsenSys CEO Joe Lubin. In an interview for CNBC’s Squawk Box Asia on Nov. 6, Lubin argued that the People’s Bank of China (PBoC) […]
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