Six major central banks and the Bank for International Settlements jointly created a digital currency research group. The central banks of Canada, the United Kingdom, Japan, European Union, Sweden and Switzerland created a group with the Bank for International Settlements (BIS) to jointly research central bank digital currencies (CBDC). According to a press release published […]
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Over the course of 2019, China spent $3.6 billion on blockchain investment deals, which is nearly 41% less than in 2018. Chinese blockchain spending in areas of investment and financing deals has dropped over 40% in 2019, according to a new study by state-run sources. Over the course of 2019, China totally had 245 investment […]
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Vietnam-based Binance users can now directly purchase and sell four cryptos using the latest versions of Binance P2P mobile app on iOS and Android. Major cryptocurrency exchange Binance has launched peer-to-peer (P2P) trading for the Vietnamese dong (VND). Vietnam-based Binance users can now directly purchase and sell major cryptocurrencies using VND through the latest versions […]
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A militant group with ties to the Iranian regime and Hamas — the de facto ruling authority of the Gaza Strip in Palestine — is allegedly upping its Bitcoin fundraising activities. A militant group with ties to the Iranian regime and Hamas — the de facto ruling authority of the Gaza Strip in Palestine — […]
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China leads the blockchain-based mobile digital payment revolution. Society is now witnessing the implementation of digital currencies, AI and blockchain technology worldwide. These new digital technologies require a high consumption of electric energy, which is currently produced with coal and fossil fuels that adversely impact the environment. A global shift toward green energy will require […]
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Let’s take a look at some of the key factors that helped spur the growth of the crypto market in 2019. During the first couple of months of 2019, the price of Bitcoin (BTC) stayed put under the $4,000 mark, thereby solidifying fears that the market was indeed in the midst of a long crypto […]
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After the recent run-up, most top crypto performers of the past week are showing signs of entering a minor correction or consolidation. Most major cryptocurrencies have started the new year on a positive note. However, in the past 24 hours, the crypto markets are witnessing a sea of red. This shows that the rally has […]
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Binance looks to expand in the country, a new working group assesses security token offerings, and more headlined news in Japan this past week. This week’s news from Japan included additional comments against crypto trading from China, Binance’s potential involvement in Japan, positivity from the International Monetary Fund (IMF), more crypto exits from European Union […]
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Are cryptocurrency mining operations moving from Iran to Central Asia in pursuit of stable cheap energy grids? Recently, the cryptocurrency mining community has been shaken with rumors of Chinese miners leaving Iran — where crypto mining is authorized as an industrial activity — for Central Asia. The move has ostensibly been taken in an attempt […]
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The U.S. should learn from other countries, especially China, on digital currency, says SEC commissioner Hester Peirce. The United States could learn from China’s innovations in digital currency, says Securities and Exchange commissioner Hester Peirce. Fielding questions via webcam at this week’s Crypto Finance Conference in Switzerland, the public sector leader known as CryptoMom, called […]
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