Russia’s Ministry of Finance believes launching a single digital currency backed by the EAEU is inevitable due to U.S. sanctions. Russia’s Ministry of Finance (MinFin) believes that the creation of a Eurasian Economic Union (EAEU)-backed digital currency is inevitable due to the United States’ sanctions. Major Russian media agency Rambler reported MinFin’s comments on Friday, […]
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The Chinese fintech incubation zone located in China’s Guangdong province has officially started operations. The Chinese fintech incubation zone located in the Guangdong province has officially started its operations, Chinese news outlet Chinese Software Developer Network (CSDN) reports Dec. 21. According to the article, the zone — which officially opened Dec. 20 — has a […]
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A blockchain integration platform has conducted a proof-of-concept for German railway operator Deutsche Bahn AG. German railway operator Deutsche Bahn AG (DB) has partnered with blockchain integration platform Unibright to examine the possibility of tokenizing its ecosystem. A press release revealed the partnership on Tuesday, Dec. 18. DB appointed Unibright to make preparations for an […]
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Bermuda’s financial watchdog BMA has released a draft code of practice for crypto custodial services. Bermuda’s financial regulator has released draft regulation for crypto custodial services, according to an official press release issued on Tuesday, Dec. 18. The Bermuda Monetary Authority’s (BMA) draft regulatory document, entitled “Digital Asset Custody Code of Practice,” seeks to clarify […]
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The Securities and Commodities Authority of United Arab Emirates will introduce ICO regulation in the first half of next year. A financial regulator of United Arab Emirates (UAE) will introduce initial coin offering (ICO) regulations in the country by the end of the first half of next year. This development was reported by English-language local […]
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Crypto artist “cryptograffiti” has sold a tiny artwork in a “micro auction” in a bid to promote Lightning Network (LN) micropayments. Crypto artist “cryptograffiti” has sold a tiny artwork in a “micro auction” in a bid to promote Bitcoin (BTC) Lightning Network (LN) micropayments, according to a post from the artist’s Reddit handle published Dec. […]
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CEO Brian Armstrong is the first crypto entrepreneur to join billionaire-backed charity program The Giving Pledge. Coinbase CEO Brian Armstrong has become the first crypto entrepreneur to join billionaire-backed charity program The Giving Pledge, CNBC reports Friday, Dec. 21. Founded by moguls Bill Gates and Warren Buffett, the Giving Pledge campaign is now for the […]
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U.K.-based blockchain infrastructure firm Parity launched a beta version of its tool Substrate, with which users can create customized blockchains. United Kingdom-based blockchain infrastructure provider Parity has launched a beta version of Substrate, its tool for creating customized blockchains, according to a press release published Tuesday, Dec. 18. The release states that Substrate is designed […]
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Blockchain tech company ConsenSys could reportedly cut 50 to 60 percent of its staff amidst the market slump. Blockchain software technology company ConsenSys may reportedly be making significant cuts to its staff, technology news outlet the Verge reported Dec. 20. Citing a source familiar with the matter, the Verge reports that ConsenSys is spinning out […]
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Blockstream’s satellite service hopes to increase the footprint and accessibility of the Bitcoin network around the world. Bitcoin’s wireless broadcast footprint has been expanded substantially thanks to Blockstream’s most recently leased satellite. The blockchain development firm confirmed it has leased a fifth satellite on Dec. 17, which is being used to broadcast the Bitcoin blockchain […]
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