China should learn from Hong Kong and Facebook as it develops its own sovereign digital currency, a former central bank governor says. A former governor of the People’s Bank of China (PBoC) has indicated that Beijing may delegate the issuance of digital currency to commercial entities, the Hong Kong-based South China Morning Post newspaper reported on July 11. Zhou Xiaochuan, […]
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Political commentators have seized the moment to probe the crypto political campaign donation trend in the United States. As one of only two crypto-accepting Democratic primary hopefuls withdraws his candidacy, political commentators have seized the moment to probe the crypto campaign donation trend. A report published by business media site Fast Company on July 10 […]
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Companies such as Google and Amazon will launch a product in the crypto industry, say Gemini co-founders. Digital currency will form part of all four FANG companies’ offerings by 2021, Tyler and Cameron Winklevoss told CNBC in a new interview on July 9. Speaking about Facebook Libra, the twins, who co-founded cryptocurrency trading platform Gemini, […]
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U.S.-based payments startup Fold has made Lightning Network payments possible at Amazon, Starbucks, Uber and other big name retailers. United States-based payments startup Fold has made Lightning Network (LN) payments possible at Amazon, Starbucks, Uber and other big name retailers. The news was revealed in an official blog post published on July 10. As previously […]
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Experts and Lawmakers call for caution over potential risks of Facebook’s Libra cryptocurrency to the global financial industry. Facebook’s unveiling of its Libra cryptocurrency has generated a lot of attention in the financial world, as well as in the crypto space. So far, the company has announced that its Libra blockchain network will be launched […]
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Opera has added support for Bitcoin and Tron blockchain-based tokens to the crypto wallet for Opera for Android (version 53 beta). Opera has added support for Bitcoin (BTC) and Tron (TRX) blockchain-based tokens to the crypto wallet for Opera for Android (version 53 beta). In an official blog post published July 10, the internet browser […]
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Bitcoin fell in step with Fed Chairman Jerome Powell’s bearish remarks on Facebook’s digital currency. Bitcoin price (BTC) shed more than 10% on July 11 as markets appeared to react to criticism of Facebook’s Libra from a senior U.S. lawmaker. Market visualization courtesy of Coin360 Data from Coin360 sees the majority of cryptocurrencies firmly in […]
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After months of anticipation, top crypto exchange Binance has launched its margin trading platform. Top crypto exchange Binance has launched its margin trading platform, an official blog post published today, July 11, reveals. Binance’s move to expand trading possibilities to meet the full scope of institutional and retail traders’ needs had already been indicated by […]
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New AML laws will require Canadian crypto exchanges to register with the country’s financial watchdog FinTRAC next June. Cryptocurrency exchanges in Canada will be legally required to register with the Financial Transactions and Reports Analysis Centre of Canada (FinTRAC) as of June 1, 2020, according to a notice published on July 10. This requirement will […]
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Cadence, a Coinbase-backed alternative investment provider, launched a blockchain-based investment platform for debt. Cadence, an American blockchain-based alternative investment provider, has launched an investment platform for debt, according to a press release on July 10. By launching its private credit investment platform, Cadence aims to bring more transparency and efficiency to the asset class in […]
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