sponsored A company says it has seen growth in Africa, as consumers seek alternatives to unstable currencies. A site enabling consumers to buy Bitcoin using hundreds of different payment methods says demand is thriving despite declining cryptocurrency prices — with Africa being its biggest market. Paxful says the volume of transactions it has processed from […]
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New draft regulations from Iran’s central bank suggest a ban on cryptocurrency payments could appear. Iran’s central bank said it would consider opinions from the cryptocurrency sphere prior to finalizing new draft regulations, according to a statement today, Jan. 29. The same day, the Central Bank of Iran reportedly uploaded plans for its approach to […]
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U.S. firm Aliant Payments will provide free crypto processing services to qualified U.S. and EU merchants. United States merchant services provider and payment processing firm Aliant Payments has announced it will offer free crypto transaction processing to some merchants, according to a press release Jan. 29. Aliant’s crypto processing product for merchants, dubbed CryptoBucks, was […]
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Deutsche Börse, HQLAx have been actively working on their blockchain-based securities platform, announcing that six banks having launched integration. Major global securities marketplace Deutsche Börse has reported it is “making significant progress” on its blockchain-based securities lending platform, according to an official press release on Jan. 29. The platform is being co-developed by the German […]
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U.S. Government shutdown paralyzed the SEC and CFTC. On Jan. 25, United States (U.S.) President Donald Trump ended the partial government shutdown, albeit temporarily. As a result of the funding package he signed on Friday, the government will be open for three weeks. While the future still seems unclear for U.S. government facilities, which are […]
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The United Arab Emirates’ central bank and the Saudi Arabian Monetary Authority have announced details on the interbank digital currency they are co-developing. The United Arab Emirates’ (UAE) central bank (UAECB) and the Saudi Arabian Monetary Authority (SAMA) have announced that the interbank digital currency they are co-developing will be called “Aber.” The news was […]
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South Korea’s central bank says it won’t be issuing a central bank digital currency in the near term, but will continue to conduct detailed research into the matter. South Korea’s central bank, the Bank of Korea (BOK), says it won’t be issuing a central bank digital currency (CBDC) in the near term, local English-language newspaper […]
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Sparkdex.HKD is reportedly the first HKD-backed stablecoin on the market, where “US Dollar stablecoins have dominated.” Hong Kong-based money transfer platform Bitspark has launched what is reportedly the first stablecoin pegged to the Hong Kong dollar (HKD), local tech and finance news outlet Fintech Hong Kong reports Jan. 29. Bitspark, which has positioned itself as […]
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11 Indian banks are involved in consultations to bolster blockchain-based supply chain financing for micro, small and medium sized businesses. Banks in India are collaborating on a new blockchain platform to remove financing hurdles for micro, small and medium size businesses (MSMEs), local daily news outlet Economic Times reported Jan. 28. A total of eleven […]
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Ledger Live new mobile app favors the company’s newer Nano X device, with more support for Nano S coming later on. French cryptocurrency hardware wallet manufacturer Ledger has released a dedicated mobile app for some of its products, the company confirmed in a blog post Jan. 28. Dubbed Ledger Live, the app previously available for […]
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