The UAE’s Securities and Commodities Authority will be collecting public feedback on drafted regulations on crypto assets until Oct. 29. The United Arab Emirates’ (UAE) Securities and Commodities Authority (SCA) has published draft regulations for crypto assets. Seeking feedback from the industry According to an official statement from Oct. 15, the SCA will be collecting […]
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Gold held in Swiss vaults has been tokenized on Bitcoin’s blockchain with ticker DGLD by a consortium of companies. A consortium of companies launched a gold-backed token with the DGLD ticker on a Bitcoin (BTC) sidechain. Swiss financial news outlet AllNews reported on Oct. 15 that digital asset managers CoinShares and MKS, as well as […]
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With government regulations becoming more stringent, crypto businesses are coming together to form self-regulating bodies for the industry. Self-regulation is once again a trending topic in the cryptocurrency landscape as major exchange platforms have announced the creation of self-regulated organizations (SROs) to achieve some standardization in digital currency governance. Government regulators across various jurisdictions continue to […]
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The Dubai Department of Economic Development has announced a blockchain-based business registry platform. The Department of Economic Development in Dubai has announced its move to a blockchain-based unified business registry platform (UBRP). According to a Saudi Gazette report on Oct. 7, the platform aims to improve the ease of doing business in Dubai and enable license issuers […]
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Decentralized finance is gaining momentum as a sector that could transform the economy. But what is it, and what are the challenges that lie ahead? What is the Crypto Finance Conference? The CFC bills itself as “the most exclusive blockchain investors’ confidence in the industry.” Held on an invitation-only basis, just 200 attendees will be […]
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Stablecoins backed by fiat money — what is their goal and which ones do investors prefer and for what uses? Stablecoins attempt to be fiat currencies among cryptos. They can be a medium of exchange, a means of storing value and a unit of account. Unlike other digital coins, stablecoins are tied to some kind […]
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United States retail giant Walmart will use blockchain technology to track its Indian-sourced shrimp. United States retail giant Walmart, in collaboration with IBM, will use blockchain technology to track its shrimp supply chains. On Oct. 4, Indian business publication LiveMint reported that Walmart will use blockchain technology to track its Indian-sourced shrimp to select locations […]
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Intercontinental Exchange, the governing body behind the New York Stock Exchange, has executed the first block trade of Bakkt Bitcoin futures contract. Intercontinental Exchange (ICE), the governing body behind the New York Stock Exchange, has executed the first block trade of Bakkt Bitcoin (BTC) futures contracts. ICE revealed the development in an Oct. 4 press […]
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Blockchain startup Spring Labs was selected to develop a national property lien registry for four financing providers in the United States. Blockchain company Spring Labs will be developing a national property lien registry for four financing providers in the United States. Combat fraud and enhance identity validation In an Oct. 1 press release, Spring Labs […]
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Shipping startup 300cubits burns its tokens while suspending its blockchain operations due to low transaction volume. Blockchain shipping startup 300cubits suspended the operations of its booking module and the circulation of its TEU token. As industry news outlet The Maritime Executive reported Sept. 30, Hong Kong-based 300cubits is believed to be one of the first […]
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