Libra considering the use of fiat-pegged stablecoins for its basket while navigating through a wave of negative criticisms from regulators. Amid the regulatory storm facing Libra, the project’s hierarchy is looking to change one important detail of the payment system: using fiat-pegged stablecoins rather than a token supported by a basket of national currencies. The Libra Association […]
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China’s state-backed tech workgroup has released its fourteenth crypto rankings report, with Bitcoin ranked 11th and EOS retaining the top spot. China’s state-backed tech workgroup has released its fourteenth crypto rankings report, with Bitcoin (BTC) ranked 11th and EOS (EOS) retaining the top spot as of the end of September 2019. The listings rank 35 […]
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Blockchain startup Zamna raised $5 million to automate airport security checks with blockchain and biometrics. Blockchain startup Zamna raised $5 million to automate airport security checks using blockchain and biometrics technology, tech news outlet Silicon Republic reports on Oct. 28. The startup plans to use the funding to deploy its Advance Passenger Information platform. Zamna […]
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As markets began reacting to sentiment from China on Friday, Bakkt was already capitalizing on fresh institutional interest, transforming its trading activity. Institutional Bitcoin (BTC) trading platform Bakkt is on course to treble its all-time high for trade volume after hitting new records last week. Bakkt Frontruns China Hype According to data from Twitter-based monitoring […]
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China’s foreign exchange regulator has warned that emerging markets need to muscle in on cryptocurrency-enabled illegal cross-border capital flows. China’s foreign exchange regulator has warned that emerging markets need to muscle in on cryptocurrency-enabled illegal cross-border capital flows. Sun Tianqi, the chief accountant of China’s State Administration of Foreign Exchange (SAFE), made the remarks at […]
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Stocks in Chinese blockchain A-share firms maxed out to their 10% daily limit after an endorsement of the technology from the highest echelons of power. Stocks in Chinese blockchain A-share firms maxed out to their 10% daily limit after an endorsement of the technology from the highest echelons of power. The stock market rally was […]
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After a weekend of upward momentum during which markets hit as high as $10,500, Bitcoin retraced some of its progress but managed to retain most of its gains. Bitcoin (BTC) held above $9,000 on Oct. 28 as a weekend of bullish madness continued to captivate markets. Cryptocurrency market daily overview. Source: Coin360 Bitcoin price mulls […]
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Even Bitcoin is getting an endorsement in an official app in China as local media claims platforms are removing anti-blockchain content. China is rapidly adopting a pro-blockchain stance following news it would bring in a so-called “crypto law” in January next year. China: Blockchain must be legitimate In a sign of China’s abrupt official about-turn […]
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Topco Associates will use a blockchain platform for food supply chains that is based on Mastercard’s Provenance Solution. Topco Associates, the largest American retail food group purchasing organization, will pilot Mastercard’s blockchain tech in its operations. According to a press release on Oct. 27, Topco will test a traceability platform developed by logistics firm Envisible. […]
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The balance of power under current financial systems does not benefit ordinary people, but blockchain tech looks set to change this forever. Blockchain’s potential to disrupt the financial landscape is evident. Even at this early point in the technology’s development, established institutions — including banks and governments — have been quick to note this potential […]
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