Blockchain can contribute to trade cost savings by replacing the paper-heavy custom processes that slow down trade. In August of 2019, both the United States and Thailand announced their plans to test blockchain applications for tracking and managing shipments. The U.S. Customs and Border Protection (CBP) is planning to test a blockchain application against their […]
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An employee at a nuclear research center was fined $7000 for illegally mining Bitcoin on a supercomputer. An employee at a nuclear research center in the closed town of Sarov in Russia was fined for illegally mining Bitcoin (BTC). Convicted to pay $7,000 fine According to a Sept. 27 article by Russian news outlet Meduza, […]
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China Securities Index’s Fintech Theme Index has soared over 50% in 2019, outperforming the broader market in anticipation of central bank coin. China Securities Index Co. (CSI) Fintech Theme Index has risen over 50% in 2019, outperforming the broader market. Some stocks skyrocketing 200% According to a Reuters report on Sept. 26, stocks of China’s […]
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Bitcoin continues to trade near $8,000, with other top 20 cryptocurrencies reporting mixed signals. Friday, Sept. 27 — The top-20 digital currencies are reporting mixed signals today, experiencing moderate gains and losses throughout the past 24 hours following the nosedive they took on Tuesday, Sept. 24. Cryptocurrency market daily overview. Source: Coin360 The leading cryptocurrency, […]
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Comparing Bitcoin to central bank digital currencies, Pompliano believes people will choose a currency that the government can’t control. The future will not bring competition between digital and non-digital currencies, but between monetary policies, according to Anthony Pompliano. Pompliano made his comments on CNBC’s Squawk Box, Sept. 27. Ultimately, he believes, people will choose Bitcoin, […]
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The chief economist at ING says that Facebook’s plan to launch a digital currency has put pressure on central banks to launch their own. The chief economist of Dutch multinational banking and financial services giant ING says that Facebook’s plan to launch a digital currency has put pressure on central banks to launch their own. […]
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German big pharma and Monsanto’s owner Bayer partners with Alipay operator Ant Financial to develop a blockchain solution for the food and crop industry. Alipay operator Ant Financial has partnered with pharmaceutical giant Bayer Crop Science, Monsanto’s owner, to develop a blockchain solution for the food and crop industry. Letter of intent Enterprise blockchain news […]
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Is the Fed’s use of QE a growth catalyst for Bitcoin? Max Keiser tells Cointelegraph: “Bitcoin was introduced to battle zombie banks and QE.” In 2018, the executive on the board for the European Central Bank (ECB) declared Bitcoin, “the evil spawn of the financial crisis” — referring, of course, to the economic disaster 10 […]
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An ex-Fed official says it makes no sense to end U.S. dollar dominance by replacing it with a digital currency, such as Facebook’s Libra coin. Ex-United States Federal Reserve official Simon Potter stated that the plan to end the U.S. dollar’s dominance by replacing it with a digital currency makes no sense. Central banks unlikely […]
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Binance’s decision to re-enter the Chinese crypto market seems to make a lot of sense to many experts operating within this space. In what is being considered a major step forward for Binance, CEO Changpeng Zhao (aka CZ) recently announced that his firm was all set to make its first strategic investment in China since […]
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