The Supreme Court of India has this listened to further hearings in the landmark case against the central bank’s ban on banks’ dealings with crypto-related businesses. The Supreme Court of India has this week listened to further hearings in the landmark case against the Reserve Bank of India’s ban on banks’ dealings with crypto-related businesses. […]
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Tether is now offering a gold-backed stablecoin, XAUT, which represents ownership of one troy ounce of gold held in a Swiss vault controlled by the company. Tether is now supporting a gold-backed stablecoin, Tether Gold (XAU₮), according to a Jan. 23 press release. One token represents ownership of one troy fine ounce of physical gold, […]
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Ripple CEO Brad Garlinghouse predicts that initial public offerings will become a more common feature of the cryptocurrency and blockchain space in 2020. Ripple CEO Brad Garlinghouse predicts that initial public offerings (IPOs) will become more prevalent in the cryptocurrency and blockchain space in 2020. Speaking at the World Economic Forum in Davos yesterday, Jan. […]
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Italian winery adopts NFC-enabled closures to its wines, adding tasting notes, reviews, and blockchain-based authentication. Piedmont winery, Vigneti Massa, is launching the 2018 vintage of its wines with near-field communication (NFC) and blockchain-enabled caps. As reported by The Drinks Business on Jan. 22, Vigneti Massa is the first winery in Europe, and the second globally, […]
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Modern crypto exchanges often have audited financials, chief compliance officers, and seek out regulators without hesitation. Will insurance be the next step? If the crypto sector is to attract more institutional investors, it will need to provide more insurance solutions. This point was driven home anew with the recent news that the Gemini crypto exchange […]
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Former CFTC chairman J. Christopher Giancarlo has some new remarks regarding his Digital Dollar initiative, speaking in Davos. The former chairman of the United States Commodity Futures Trading Commission (CFTC) has some new remarks regarding his Digital Dollar initiative, speaking in Davos. On Jan. 22, Ex-CFTC chairman J. Christopher Giancarlo confirmed that the Digital Dollar […]
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The Blockchain Association has filed an amicus curiae brief in response to the litigation against Telegram initiated by the SEC. The Blockchain Association has filed an amicus curiae brief in response to litigation against Telegram initiated by the United States Securities and Exchange Commission (SEC). The Blockchain Association, a collective of advocates involved with the […]
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In Q4 2019, Hyperledger’s Fabric open source blockchain software overtook R3’s Corda in terms of developer activity. In the last quarter of 2019, Hyperledger’s Fabric open source blockchain software saw more developer activity than R3’s Corda platform. Blockchain service firm Chainstack recently published a report about developer activity on six major enterprise blockchains, showing that […]
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Hong Kong and Thailand’s central banks have stepped closer to implementing a joint central bank digital currency project for cross-border payments. Hong Kong and Thailand’s central banks have stepped closer to implementing a joint central bank digital currency (CBDC) for cross-border payments. On Jan. 22, the Hong Kong Monetary Authority (HKMA) and the Bank of […]
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Compared to traditional cloud servers, decentralized solutions for data storage claim to be secure, private and efficient, but can they address the scalability issue? Cloud servers are able to keep a full record of our lives, storing literally everything from personal photos and videos from our smartphones to work documents. At first glance, this solution […]
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