Central banks’ growing interest in DLT reveals concerns in the traditional financial sector as the gap between the two narrows Despite the interest shown in decentralized ledger technology by central banks, cryptocurrencies continue to be mistrusted by the traditional financial system. This has been made apparent from comments by Andrew Bailey, the upcoming governor of […]
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Multinational telecommunications company Vodafone is exploring blockchain capabilities to improve its supply chain. Multinational telecommunications company Vodafone is exploring blockchain’s capabilities to improve its supply chain. By integrating blockchain into its internal processes, Vodafone aims to advance its supply chain by promoting and verifying a number of suppliers through a digital identity platform dubbed Trust […]
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Brian Armstrong, the CEO of cryptocurrency exchange Coinbase, explained what developments he believes will drive the growth of cryptocurrency’s user base. Brian Armstrong, the CEO of major cryptocurrency exchange Coinbase, explained what developments he believes will drive the growth of cryptocurrency’s’ user base. In a series of tweets on March 4, Armstrong illustrated how the […]
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In what seems as one of the biggest crypto dramas of 2020, community seems to have the upper hand. The scandal surrounding the Steem blockchain continues to unfold. After juggernaut exchanges Binance, Huobi and Poloniex were heavily criticized by community members for allegedly mobilizing customer deposits to take over the network, two of those firms […]
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The National Police Agency of Japan is reporting a record high of 537 cases involving money laundering. Anti-money laundering regulations on cryptocurrency and blockchain transactions may be having a positive outcome in East Asia. According to an article released by the Japanese newspaper Nikkei on Mar. 3, the National Police Agency of Japan brought criminal […]
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Rosen Law Firm has filed a class action lawsuit on behalf of investors in ASIC producer Canaan’s IPO. Blockchain services and cryptocurrency mining hardware producer Canaan is facing a class-action lawsuit filed by investors following claims of dubious practices for attracting investments. Investor rights-focused law firm Rosen Law Firm has initiated the suit on behalf […]
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Africa has enormous potential for developing a sustainable fintech industry. Here is the analysis of the three flagship economics in Africa: Kenya, Ethiopia and Ghana. For many, Africa represents the final frontier of untapped economic growth. Across its diverse countries, growth rates continue to outpace those achieved in long-developed economies. Collectively, growth on the continent […]
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A blockchain trade finance platform developed by eight major banks, among them HSBC, BNP Paribas, and Citi, is now ready for commercial launch in Singapore in Q2 2020. A blockchain trade finance platform developed by eight major banks, among them HSBC, BNP Paribas, and Citi, is now ready for commercial launch in Singapore in Q2 2020. Named Contour, […]
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BitGo, a crypto firm that claims to handle over 20% of all Bitcoin transactions, is launching an institutional-level crypto lending. As the cryptocurrency lending industry continues to grow, another major crypto company is getting into the business. BitGo, a crypto firm that claims to handle over 20% of all Bitcoin (BTC) transactions, is launching an […]
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Top Indian exchanges Unocoin and WazirX have resumed fiat deposits less than a day after the Supreme Court quashed restrictions on banks’ services to crypto firms in the country. Major Indian crypto exchanges Unocoin and WazirX have resumed fiat deposits less than a day after the Supreme Court quashed restrictions on banks’ services to crypto firms […]
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