The latest high-profile member of the EEA, Standard Chartered is eyeing blockchain technology for a number of use cases, some of which are already live. International banking group Standard Chartered has become the latest member of a blockchain standard-building organization, the Ethereum Enterprise Alliance (EEA). In a press release issued on Nov. 6, Standard Chartered […]
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The former head of People’s Bank of China, Zhou Xiaochuan has argued that Libra would be more readily trusted if it were in the hands of an entity like the IMF. The former head of People’s Bank of China (PBoC), Zhou Xiaochuan has argued that the Libra stablecoin would be more readily trusted if it […]
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New York-based fintech Tassat has succeeded in obtaining regulatory approval for the launch of a crypto derivatives exchange. New York-based financial technology firm Tassat — formerly known as trueDigital — has succeeded in overcoming the first hurdle in its bid to launch a fully-regulated crypto derivatives exchange. According to an announcement from the United States […]
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Within the decentralized nature of blockchain technology lies a chance to avoid the financial collapse rooted in the concepts of center and power. A central bank’s role is to manage a nation’s currency, money supply and interest rates. The United States did not have a central bank until 1913, when Woodrow Wilson signed the Federal […]
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After more than a week of ranging in a $500 zone, BTC/USD saw an attempt at a break, now falls below $9K. Bitcoin (BTC) price lost support at $9,000 on Nov. 8 after several days of downward action finally saw markets make a decisive move. Data from Coin360 showed BTC/USD breaking out of its narrow […]
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A senior U.S. federal official argued that Facebook’s Libra highlights the need for the FED to urgently launch its own real-time payments system — FedNow. A senior United States federal official has argued that Facebook’s Libra highlights the need for the Federal Reserve (Fed) to act urgently and launch its own real-time payments system. In […]
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Ethereum Foundation Developer Péter Szilágyi has confirmed Dec. 4 as the launch date for the network’s Istanbul hard fork. Team lead at the Ethereum (ETH) Foundation Péter Szilágyi has confirmed Dec. 4 as the expected date for the network’s forthcoming Istanbul hard fork. In two tweets posted on Nov. 7, Szilágyi indicated that Istanbul will […]
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Bears are licking their chops as Bitcoin price tightens, setting lower highs below $9.3K so far in November, the biggest performing month for BTC historically. So far November has started off as a relatively uneventful month for Bitcoin’s (BTC) price action but all of this could change before the weekend is over. Let’s take a […]
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International banking regulator the Basel Committee is working to establish how much capital lenders should hold to cover the risks generated by crypto exposure. Global banking regulator the Basel Committee on Banking Supervision (BCBS) is working to establish how much capital lenders should hold to cover the risks generated by dealing with cryptocurrencies. Business Reporter […]
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Tether fires back at forthcoming paper that alleges that a single whale using USDT was responsible for Bitcoin’s 2017 bull run. Tether has issued a response to a recently surfaced paper that alleges that a single whale manipulated the market to cause 2017’s bull run in Bitcoin (BTC) price. The response Tether, which is behind […]
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