The Trump administration proposes boost to the Treasury’s capacity to police cryptocurrency space. Earlier this week, the word “cryptocurrency” made it to the text of one of the United States government’s most consequential strategic documents: the Trump administration’s budget proposal for the 2021 fiscal year. However, the budget does little to enhance blockchain-powered innovation, as it […]
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The European Space Agency, a major organization dedicated to space exploration, is funding a new blockchain project to boost the world’s mining industry. While Bitcoin (BTC) might not be ready for the moon yet, its underlying technology of blockchain is being increasingly adopted in space. The European Space Agency (ESA), a major intergovernmental organization dedicated […]
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Mike Bloomberg, a presidential hopeful and one of the richest men in the world, recognizes cryptocurrency as an “asset class”. Former New York mayor and present-day Presidential candidate Mike Bloomberg seems to be snuggling up to the crypto community. In a proposal for financial reform released Feb. 18, the Democratic candidate not only wrote about […]
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Malta-based crypto exchange Tokenomica jumps on board the OTC trading ship, offering large traders another crypto harbor. Tokenomica, a crypto asset exchange based in Malta, has announced over-the-counter, or OTC, cryptocurrency trading for large participants. The Meditarranean-based exchange now offers participants the ability to trade large amounts of BTC for Euros, separate from the exchange’s […]
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Chainlink and Tezos target new-all time highs as Bitcoin price recovers to rally above $10,000. Lately, the best-performing assets have been Chainlink (LINK) and Tezos (XTZ), which is noteworthy considering this is lengthy bullish price action from large-cap cryptos other than Bitcoin (BTC) and Ether (ETH). Chainlink is up 165% since the start of this […]
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The new Coronavirus outbreak has pushed Chinese officials to track individual citizens by their medicine purchases, which presents major ramifications for crypto. The government of Hubei, the Chinese province at the epicenter of the COVID-19 (Coronavirus) outbreak, issued a report on Feb. 18 detailing measures taken against the disease. The officials revealed that they tracked […]
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Payment system ePayments has been halted by the FCA for about a week now, and all accounts remain suspended. Does crypto have anything to do with it? On Feb. 11, ePayments Systems Ltd, a United Kingdom-regulated electronic money institution, suspended all online payment activity at the request of the Financial Conduct Authority, the local regulator. […]
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Blocknox will expand its cryptocurrency custody service to institutional clients, including banks and fintech firms. Blocknox, a subsidiary of Boerse Stuttgart Digital Ventures GmbH that has provided cryptocurrency custody service on an escrow basis, is looking to expand the service to its institutional clients. Boerse Stuttgart revealed the plans in a Feb. 18 tweet, detailing […]
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A London-based blockchain startup Mattereum’s Asset Passport goes live on Ethereum mainnet. Its goal is to provide authentication services for collectible items in order to combat counterfeits and provide investors with fractional investment opportunities. Matterum’s platform for authenticating collectible items is now live, and it’s already processed several $10,000 William Shatner figurines. According to its […]
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The Bank of Korea has started a project on building a blockchain-based bond system to enable distribution of bond records. Global central banks are increasingly looking at blockchain technology as a tool to make interbanking processes more efficient and transparent. Following the World Bank’s exemplary experience of blockchain bond transactions, South Korea’s central bank is […]
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