China’s digital currency approach will favor international payments and domestic retail system, former PBoC governor Zhou Xiaochuan said. China’s digital currency approach will be favoring international payments and domestic retail system, a former senior official said. Zhou Xiaochuan, the president of the Chinese Finance Association and former governor of the People’s Bank of China (PBoC), […]
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Consumers are increasingly being turned off by the loyalty schemes offered by major retailers. Can crypto-based platforms help turn this around? Retailers have been offering loyalty schemes for decades — but ensuring they are attractive enough to generate repeat customers is easier said than done. Bond’s Loyalty Report, which surveyed 55,000 consumers in 2019, exposed […]
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U.S. financial services giant BNY Mellon has joined R3’s blockchain trade finance network, the Marco Polo Network. The Bank of New York Mellon (BNY Mellon) has joined blockchain software firm R3’s trade finance network, the Marco Polo Network. The American banking and financial services firm — which has over $1.9 trillion in assets under management […]
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Three national units of the Red Cross are backing a blockchain-based currency scheme to enhance aid delivery and boost local economies. Three national units of the Red Cross — the largest humanitarian donor after the United Nations — are backing a blockchain-based currency scheme to enhance aid delivery and boost local economies. According to a […]
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Missouri-based software maker CryptoTrader.Tax has launched a new product facilitating cryptocurrency tax reporting. Missouri-based software maker CryptoTrader.Tax has launched a new product facilitating cryptocurrency tax reporting. As the 2019 tax year comes to an end, the software is designed to help firms, certified public accountants and professionals counsel their clients about reporting their taxes from […]
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The crypto businessman sings praises for “uncensorable money.” In an exclusive interview with Cointelegraph, Blockstream CEO Adam Back stated that for him, nothing is above Bitcoin, not even stablecoins or other coins issued by central banks. Adam Back invented the hashcash proof of work system, and was one of the first people to work with […]
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RSK is a smart contract platform secured by the Bitcoin network. Cointelegraph en Español spoke with Henry Sraigman, South-East Asia Regional Director of RSK, during the Asia 2019 Blockshow in Singapore. We covered the expansion of IOV Labs and RSK, the company’s present and future in Asia, and the prospects for Taringa! after its purchase. […]
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Identity digitalization: How China is taking major steps to use blockchain in the government sector. News on crypto and blockchain technology is coming in abundance from China. This became especially true in late October 2019, when the Chinese President Xi Jinping called for accelerating the use of blockchain technology in the country. President Xi identified […]
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Binance and Bithumb deny their Shanghai offices have been raided by Chinese police, and Bitcoin completely wipes out the gains from its October rally. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and […]
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The evolution of JPMorgan Chase’s blockchain products, an expert take by former JPM and U.S. SEC tech leads. JPMorgan Chase — whose CEO, Jamie Dimon, once notably expressed skepticism over cryptocurrency — was actually one of the first financial institutions to “learn to love the blockchain.” In 2015, the bank created a division dedicated to […]
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