Recap of this year’s World Economic Forum (WEF) Annual Meeting. This year’s World Economic Forum (WEF) Annual Meeting has finished, and it’s time to recap the highlights. The forum — held in Davos, Switzerland, as per tradition — lasted from Jan. 22 to 25. Similar to the last year, cryptocurrencies were one of the major […]
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Tehran may reveal the identity of a new state-sponsored cryptocurrency at a conference this week. Iran could unveil its state-backed cryptocurrency at the Electronic Banking and Payment Systems conference in Tehran this week, local English-language news outlet Al Jazeera reported on Jan. 27. Iran, which has faced fresh sanctions from the United States since November, […]
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Police in New Taipei, Taiwan, arrested fifteen suspects for allegedly running a cryptocurrency scam that raked in millions of dollars. Police in New Taipei, Taiwan, have arrested fifteen suspects for allegedly running a cryptocurrency scam that earned them millions of dollars, English-language local media Focus Taiwan reports on Jan. 26. According to the article, the […]
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The U.K.’s financial watchdog has released a detailed consultation paper on regulation of crypto. On Jan. 23, the United Kingdom’s Financial Conduct Authority’s (FCA), the domestic financial regulator, released a 50-page-long consultation paper dubbed “Guidance on Cryptoassets.” As the U.K. seems to be moving closer toward rolling out a definitive regulatory framework, it is time […]
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Nouriel Roubini, one of the most notorious cryptocurrency critics, has stated that blockchain is “no better than an Excel spreadsheet.” Nouriel Roubini, a notorious cryptocurrency critic, has stated that blockchain is “no better than an Excel spreadsheet” during a panel hosted by crypto exchange LaToken on Jan 25. Roubini is also known for having predicted […]
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Crypto mobile wallet BRD has raised $15 million in a Series B funding round, with the aim to facilitate international expansion. Cryptocurrency mobile wallet BRD has raised $15 million in a Series B financing round supported by SBI Crypto Investment, according to a press release shared with Cointelegraph on Jan. 25. SBI Crypto Investment, a […]
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Created by Ethereum co-founder Gavin Wood, crypto startup Polkadot aims to raise up to $60 million in a new ICO, the WSJ reports. Crypto startup Polkadot (DOT), created by Ethereum (ETH) co-founder Gavin Wood, is planning an initial coin offering (ICO) aiming to raise up to $60 million, the Wall Street Journal (WSJ) reported Jan. […]
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The New York financial regulator has approved the BitLicense applications for Robinhood and LibertyX. Stock and crypto trading app Robinhood has received a BitLicense to operate in New York, the New York State Department of Financial Services (DFS) reports on Jan. 24. Robinhood now has permission to trade in seven cryptocurrencies — including Bitcoin (BTC), […]
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Jamie Dimon claimed that he did not intend to become a spokesperson against Bitcoin, and was not glad about its collapse in 2018. JPMorgan CEO Jamie Dimon has reiterated his negative stance on Bitcoin (BTC), stressing that he does not really care about the cryptocurrency. Dimon spoke on the subject in an interview with CNBC’s […]
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The Singapore unit of Standard Chartered has completed its first blockchain-powered trade finance deal. The Singapore unit of London-headquartered multinational banking and financial services firm Standard Chartered has completed its first blockchain-powered trade finance deal. The news was reported by Singapore’s English-language financial daily The Business Times on Jan. 24. The bank reported that the […]
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