Skepticism to crypto in Islamic countries is not a pure rejection, but a result of uncertainty, according to an Islamic finance expert. The issue of Shariah acceptability of crypto is a matter of time and raising awareness, according to an Islamic finance expert based in Malaysia. Skepticism of crypto stems from uncertainty Suhaida Mahpot, CEO […]
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Former Japan Central Banker says that Facebook’s Libra is likely to undermine sovereign monetary policy in countries with low market trust. Any country seeing widespread use of Facebook’s proposed Libra digital currency could find that its central bank monetary policy is severely undermined. This is the view of Hiromi Yamaoka, former Bank of Japan executive, […]
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A new study from Comparitech into online discussion of cryptocurrencies reveals that most interactions are quite positive. Technology researchers Comparitech have used machine learning to analyze over 48k Reddit posts to determine which cryptocurrencies are viewed the most favourably. The study also included 7,500 articles from national and international news outlets. Articles were scored based […]
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Jack Dorsey — founder of social media giant Twitter and Bitcoin-supporting payments provider Square — has said: “we love you Bitcoin.” Jack Dorsey — founder of social media giant Twitter and Bitcoin (BTC)-supporting payments provider Square — has said: “we love you Bitcoin.” During an earnings call devoted to Square’s Q2 2019 results, Dorsey recognized […]
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Digital asset research firm Delphi Digital says that the macroeconomic landscape is creating the “perfect storm” to ignite Bitcoin price appreciation. Digital asset research firm Delphi Digital says that the macroeconomic landscape is creating the “perfect storm” to ignite Bitcoin price appreciation. Monetary easing, crypto peaking In a fresh report cited by Forbes on August […]
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A new patent filing suggests that American retail giant Walmart may be developing its own U.S. dollar-backed digital currency similar to Facebook’s Libra cryptocurrency. A new patent filing suggests that United States retail giant Walmart may be developing its own U.S. dollar-backed digital currency similar to Facebook’s Libra cryptocurrency. Walmart filed patent for “Digital Currency […]
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Bitcoin price has defied bearish sentiment, rising once again above the $10,000 mark to set the stage for a promising month of August. Bitcoin (BTC) price climbed back over $10,000 to nearly $10,500 on the morning of August 2 as the market has shown a surprising bounce defying earlier calls by some traders for more […]
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R3 is doubling the size of its London branch in anticipation for over forty new hires by the start of 2020, as the CEO predicts a prosperous post-Brexit environment. New York-based enterprise software firm R3, known for its enterprise blockchain platform Corda, has doubled the size of its London Wall office. Business intelligence firm Mondo […]
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The blockchain-based browser Brave has moved from testing to public launch for its Twitter token tipping service. The blockchain-based decentralized internet browser Brave now allows Twitter users to tip content creators with its native Basic Attention Tokens (BAT). Brave discussed the public launch of its token tipping service in an announcement on Aug. 1, wherein […]
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A Brazilian cryptocurrency brokerage has won a lawsuit against a bank that closed its account due to purported concerns about fraud. Brazil-based cryptocurrency brokerage M Intermediação e Prestação de Serviço Ltda. has won a lawsuit against Banco Bradesco, which was initiated after the bank closed M Intermediação’s account. Cointelegraph Brazil reported the legal victory in […]
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