USD Coin, which is a joint venture of Circle and Coinbase, will soon launch on the Algorand blockchain. The Algorand Foundation has announced that the USD Coin (USDC) stablecoin will be launched on the Algorand (ALGO) blockchain. The integration will allow customers using Circle APIs or Circle Business Accounts to convert funds from their bank […]
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The South Korean exchange is reportedly looking into a stock market launch despite local regulatory uncertainty. Major South Korean cryptocurrency exchange Bithumb is planning to hold an initial public offering (IPO), according to reports from local media. As reported by MoneyToday on June 24, Bithumb Korea, the trading platform’s operator, has begun preparing for a […]
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The leading global central bank institution has published new research on central bank digital currencies, noting a major shift in their direction thanks to Libra as well as COVID-19. In advance of its coming annual report, on June 24 the Bank for International Settlements released a special chapter from that report on digital payments — […]
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The US Supreme Court made a ruling on June 23 which will limit the amount of fines the SEC can impose on crypto and blockchain firms. The United States Securities Exchange Commission (SEC) has new regulatory limitations when it comes to punishing defendants with fines. The ruling would have altered the fines sought in some […]
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Top crypto exchange Binance has lost a domain name dispute with an Australian florist over the website binance.com.au. Leading cryptocurrency exchange Binance has lost a dispute over the domain name ‘binance.com.au’ to an Australian florist trading under the name Binancé. On June 17, the World Intellectual Property Organization (WIPO) denied a complaint filed by the […]
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WhatsApp’s payment features have been suspended in Brazil less than one month after the Facebook-owned app rolled them out. Brazil’s central bank has ordered Mastercard and Visa to suspend processing money transfers on behalf of Facebook’s WhatsApp. According to official information shared with Cointelegraph Brazil, the Central Bank of Brazil (BC) took action against WhatsApp […]
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Fees for Ethereum transactions are at an all-time high but what does this mean for the network and ETH price? The median transaction fees on the Ethereum network are the highest they have been in two years and have risen above Bitcoin fee for the second time in the last three months. Recently, Coinbase researcher […]
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Today’s Chainlink rally leaves the price just 3% away from setting a new all-time high, but can bulls maintain the current momentum? Chainlink (LINK), a smart contract blockchain network, is nearing an all-time high after the altcoin broke out today, notching a 11% gain at the time of writing. The altcoin first hit a record […]
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The WEF’s blockchain project lead said the technology has its place, but likely will not takeover as the underpinning of all systems. Ashley Lannquist, blockchain project lead for the World Economic Forum, or WEF, explained blockchain has its use cases, but the technology is not without limitations. “I think it is unlikely that blockchain technology […]
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KPMG’s new tools should help crypto services firms in complying with regulations. Big four auditing firm KPMG launched a cryptocurrency management suite with analytic features. According to a June 22 announcement, the new KPMG Chain Fusion suite is meant to allow financial technology companies to more easily offer crypto asset services on an institutional scale. […]
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