A prominent Nigerian politician has called for a formal legal framework for cryptocurrencies and blockchain technology so the country is not left behind. Femi Gbajabiamila, the speaker of the Nigerian House of Representatives, has called for a substantive legal framework for cryptocurrencies in the country. According to a report by Nigerian news daily Daily Post […]
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The Philippines-based UnionBank has successfully completed a pilot of a blockchain-based cross-border remittance from the Philippines to Singapore. The Philippines-based UnionBank has successfully completed a pilot of a blockchain-based cross-border remittance from the Philippines to Singapore, according to a press release published on July 23. The pilot is the result of a partnership between UnionBank […]
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Bitcoin has been legally recognized as virtual property by a Chinese court not the country, though… Last week, Bitcoin (BTC) was legally recognized by a Chinese court, whereby it was concluded that the cryptocurrency should now be considered as digital property. The decision that the Hangzhou Internet Court made in a ruling was met with […]
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Fundament Group announced that the German Federal Financial Supervisory Authority approved its Ethereum-based real estate bond. The German Federal Financial Supervisory Authority (BaFin) approved an Ethereum-based real estate bond of security issuance firm Fundament Group. The company announced the news in a press release shared with Cointelegraph on July 23. Regulated real estate bonds on […]
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Bitcoin is ready for a big move in either direction. Let’s watch the critical levels on the charts. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a […]
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Germany’s central bank said that potential benefits of Facebook’s Libra should be made possible despite associated risks. Potential benefits of Facebook’s Libra should be made possible despite the existing regulatory uncertainty and associated risks, Germany’s central bank said. In a monthly bulletin called “Crypto tokens in payment transactions and in securities settlement” released on July […]
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The Iranian government’s Economic Commission has approved a mechanism of cryptocurrency mining in the country. The Iranian government’s Economic Commission has approved a mechanism of cryptocurrency mining in the country, according to an announcement by the Iran Chamber of Commerce, Industries, Mines and Agriculture on July 22. Iran’s Economic Commission approves crypto mining ‘mechanism’ Governor […]
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The Palestinian government plans to use cryptocurrency as an alternative to the Israeli shekel fiat currency, according to the country’s prime minister. Palestinian Prime Minister Mohammad Shtayyeh reiterated that his government is considering using cryptocurrency as an alternative to the Israeli shekel fiat currency, English-language local media Al-Monitor reports on July 22. Shtayyeh said at […]
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A blanket ban on cryptocurrencies has been reportedly recommended by an Indian government panel. An Indian government panel recommended a ban on cryptocurrencies, Reuters reports on July 22. Is India finally about to ban cryptocurrencies? The panel recommended to the government today to ban cryptocurrencies and impose sanctions for any dealings involving crypto assets. Reuters […]
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Damian Collins, a senior official at the British Parliament and known Facebook critic, said that Libra will be open to massive fraud. Damian Collins, a senior official at the British Parliament and known critic of Facebook, wants to probe the firm’s crypto project Libra. Damian Collins says Libra is going to be open to massive […]
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