Cointelegraph travelled to London to learn how the biggest names in finance — including IBM, Accenture, and McKinsey & Company — are adopting blockchain technology. Blockchain technology is reshaping the face of our global financial system, and it goes far beyond cryptocurrencies alone. Since Bitcoin’s arrival, the conventional finance world has been intrigued by blockchain, […]
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According to Turkey’s 2020 Annual Presidential Program, digital lira pilots should be finalized by the end of 2020. Turkey’s President Recep Tayyip Erdogan directed that the government should finish testing the national central bank digital currency (CBDC) in 2020. The country’s national blockchain-based digital lira is planned to be issued by the Central Bank in […]
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Business-to-business cross-border payments carried out on a blockchain will exceed $4.4 trillion by 2024, after reaching $171 billion this year, says Juniper Research. The value of Business-to-Business (B2B) cross-border payments carried out on a blockchain will exceed $4.4 trillion by 2024, after reaching $171 billion this year. According to a press release published by Juniper […]
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One year after launching a trailblazing licensing scheme for cryptocurrency fund managers, Hong Kong’s securities regulator has issued few and far between. One year after launching a trailblazing licensing scheme for cryptocurrency fund managers, Hong Kong’s securities regulator has issued few and far between. According to a Reuters report on Nov. 5, the licenses introduced […]
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China’s forthcoming digital renminbi is unlikely to use blockchain, considers Ethereum co-founder and ConsenSys CEO Joe Lubin. China’s forthcoming digital renminbi is unlikely to use blockchain, considers Ethereum (ETH) co-founder and ConsenSys CEO Joe Lubin. In an interview for CNBC’s Squawk Box Asia on Nov. 6, Lubin argued that the People’s Bank of China (PBoC) […]
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In comments to the media, the venture capitalist appealed to India’s government to rethink its desire to outlaw Bitcoin and cryptocurrencies. India is leaving itself vulnerable to corruption by attempting to ban cryptocurrencies such as Bitcoin (BTC), says Tim Draper. Speaking to California-based media outlet Indica on Oct. 31, the pro-Bitcoin VC investor called on […]
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Cryptocurrency exchange Huobi Global has announced that it will freeze all United States-based customers’ accounts on Nov. 13. Cryptocurrency exchange Huobi Global has announced that it will freeze all United States customers’ accounts on Nov. 13. In a blog post on Nov. 3, Huobi stated that its user agreement expressly prohibits customers in the U.S. […]
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China has introduced an independently developed blockchain-based identification system for its smart city infrastructure. China continues to up its blockchain game with an independently developed blockchain-based identification system for cities as part of its smart city infrastructure. On Nov. 4, Chinese daily tabloid newspaper Global Times reported that the newly developed identification system was jointly […]
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Huawei has signed a strategic cooperation agreement with the digital currency research unit of the People’s Bank of China. Multinational telecommunications and consumer electronics giant Huawei has signed a strategic cooperation agreement with China’s central bank, the People’s Bank of China (PBoC). According to a statement from Huawei’s WeChat channel on Nov. 4, PBoC deputy […]
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The Republic of San Marino adopted the Register of Blockchain Entities, inviting companies in the industry to apply for certification. The Republic of San Marino has officially adopted the Register of Blockchain Entities, inviting companies in the industry to apply for certification. Companies can apply for blockchain certification online The project was initiated by San […]
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