The UAE Ministry of Finance will hold two closed sessions devoted to global financial trends, including the development of blockchain and digital currencies. The Ministry of Finance (MoF) of the United Arab Emirates (UAE) will discuss the development of blockchain and digital assets in the country’s economy at the 7th World Government Summit. The news […]
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AdvisorShares and Sabretooth Advisors are launching a new ETF focused on tech companies, including those involved with cloud computing and blockchain. United States-based Investment management firm AdvisorShares and investments advisory company Sabretooth Advisors will jointly launch an exchange-traded fund (ETF) that tracks tech companies, including those involved with blockchain and cloud computing, MarketWatch reported on […]
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United States-based wallet Abra announced initial access to BTC investment in traditional assets such as stocks and ETFs. Digital wallet Abra has introduced new features enabling global investors to invest in shares and exchange-traded funds (ETFs) using Bitcoin (BTC), according to a press release shared with Cointelegraph on Feb. 6. The United States-based firm has […]
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American Bitcoin trading platform LedgerX has launched a new LedgerX Halving Contract, representing a binary option unique to Bitcoin United States-regulated trading and clearing platform LedgerX has released a new type of derivative contract unique to Bitcoin (BTC), according to a blog post published on Feb. 5. The new product called LedgerX Halving Contract (LXHC) […]
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A member of the Dubai royal family has backed a Liechtenstein-based cryptocurrency management firm, Invao Dubai royal and Emirates Group chairman Sheikh Ahmed bin Al Maktoum is backing Lichtenstein-based cryptocurrency fund manager Invao, according to a report from Bloomberg on Feb 5. The fund management firm purportedly aims to secure more investors in the United […]
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Crypto markets are largely trading sideway, with top coins reporting some small gains. Feb. 1 — Markets are relatively quiet, as major coins are trading sideways, with most seeing small gains over the 24-hour period. Market visualization from Coin360 The top cryptocurrency Bitcoin (BTC) is hovering below the $3,500 mark, trading at $3,492 at press […]
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Fidelity’s cryptocurrency trading and custody platform has purportedly entered the “final testing” stages. American financial services giant Fidelity said that its cryptocurrency trading and custody platform is in the “final testing and process refinement periods” in a Medium blog post on Jan. 31. Per the announcement, the firm is currently providing services to a small, […]
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Abra CEO Bill Barhydt has outlined why he thinks consumer cross-border payments and remittance services are a struggle for crypto firms. Bill Barhydt, CEO of crypto wallet provider and payment startup Abra, believes that consumer cross-border payments and remittance services at scale continue to be a struggle for many crypto firms. Barhydt made his remarks […]
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How blockchain is helping to decentralize the energy industry. The association between blockchains and energy is usually a negative one. “The Bitcoin blockchain is so wasteful of electricity,” or so the argument goes, “that it would push global warming to dangerous levels if it were ever used on a massive scale.” Research published in […]
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The U.K.’s financial watchdog has released a detailed consultation paper on regulation of crypto. On Jan. 23, the United Kingdom’s Financial Conduct Authority’s (FCA), the domestic financial regulator, released a 50-page-long consultation paper dubbed “Guidance on Cryptoassets.” As the U.K. seems to be moving closer toward rolling out a definitive regulatory framework, it is time […]
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