The Association of German Banks released a paper in which it says that the economy needs the digital euro. German banks have presented a position paper in which they make several arguments for the digital euro. On Oct. 30, in a paper released by the Association of German Banks (Bankenverband), which represents more than 200 […]
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Many cryptocurrencies are in a pullback which may be viewed as a buying opportunity. What are the critical levels to watch out for? The sentiment in the crypto markets had turned bullish on the news that Chinese President Xi Jinping has called for businesses and government bodies to support the development and adoption of blockchain […]
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United States Congressman Tom Emmer announced that he is introducing a new bill that can provide regulatory certainty for cryptocurrencies. United States Representative Tom Emmer (R-MN) intends to introduce new legislation to provide regulatory certainty for cryptocurrencies. On Oct. 24, Congressman Tom Emmer, who serves as the Ranking Member of the House Financial Services Committee’s […]
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A look at the history of the mysterious firm Crypto Capital and its ties to Bitfinex as court cases brew. Over the past week, news broke detailing that Oz Yosef, an executive of the mysterious firm Crypto Capital, has been indicted by the United States for conspiracy to commit bank fraud and conspiracy to operate […]
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Five European Union member countries are purportedly creating a unified front against the issuance of Facebook’s proposed Libra stablecoin. Five European Union member countries have reportedly teamed up to prevent the issuance of Facebook’s stablecoin Libra. Private meetings to turn EU against Libra Following a series of private meetings in October, France is reportedly leading […]
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The Chinese central bank has introduced a new system to certify 11 different types of fintech hardware and software pertaining to digital payments. China’s central bank, the People’s Bank of China (PBoC), will use a new system to certify 11 types of fintech hardware and software products relating to digital payments. On Oct. 29, the […]
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An Australian stock exchange is concerned that the blockchain-based system of its sole competitor could pose an unfair advantage. The Australian subsidiary of market operator Chi-X called on the Australian Competition and Consumer Commission (ACCC) to investigate the possible effects of blockchain tech on trading activities. Reuters reported on Oct. 30 that stock exchange Chi-X […]
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The CME released the specs for its 2020 Bitcoin options product today, as well as details on how options work. Still in its infancy, the cryptocurrency market currently only offers a fraction of the trading and investment products available in traditional financial markets. Over the past few years, however, the crypto space has continued to […]
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The first-ever CBDC will be issued within the next five years, according to new joint research by IBM and OMFIF. 73% of leading global banks have claimed that central bank digital currencies (CBDC) should be available “under all circumstances” in a new study. “CBDC will substitute much more easily for cash” According to a joint […]
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Carbon exchange AirCarbon launched a global tokenized carbon credits trading platform for airlines and the aviation industry in Singapore. Carbon exchange AirCarbon launched a global tokenized carbon credits trading platform in Singapore. Business news outlet Business Times reported on Oct. 30 that the platform will allow firms such as airlines to buy and sell tokens […]
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