The statement prepared for today’s U.S. Senate’s crypto hearing by international lawyer Mehrsa Baradaran suggests that cryptos are not the solution. In a prepared statement for today’s United States Senate’s crypto hearing by international lawyer Mehrsa Baradaran, suggests that cryptos are not the solution for financial inclusion and equity in banking. Policy, not technology is […]
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Facebook warns its investors that its Libra stablecoin may never be released. Facebook has warned its investors that its Libra stablecoin may never be released, CNBC reports on July 29. Engaging with regulator “critical to Libra’s success” Facebook told its investors in its latest quarterly report that — while the firm expects to launch Libra […]
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sponsored A tracker that delivers the latest crypto prices in visual form has unveiled new features to help its users keep on top of market movements. A website that delivers live cryptocurrency prices and market capitalizations in visual form has unveiled a suite of updates and new features. Coin360 displays the latest market movements for […]
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In a bid to drive greater financial inclusion, Philippines-based UnionBank has launched a payments-focused stablecoin pegged to the Philippine peso. In a bid to drive greater financial inclusion, Philippines-based UnionBank has launched a payments-focused stablecoin pegged to the Philippine peso. A report from PhilStar Global on July 26 revealed that the new, bank-backed cryptocurrency — […]
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Smart Valor debuts with two cryptocurrencies and four fiat currencies, with further expansion planned. Swiss integrated cryptocurrency exchange Smart Valor has launched trading of four fiat currencies with Bitcoin (BTC) and Ether (ETH). Switzerland sees another crypto first As a blog post issued July 30 confirmed, Smart Valor, which combines exchange with custody and brokerage […]
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Incoming payout could induce change in stagnant markets, three days after Bitcoin shed almost $1,000 in minutes. Bitcoin (BTC) price continued trading around $9,500 July 30 as analysts suggested the end of the month could still provide a fresh move upwards. Market visualization. Source: Coin360 All eyes on futures and 50-day moving average Data from […]
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Steve Lee highlighted Square Crypto’s emphasis on Bitcoin in a recent community AMA on Twitter. Steve Lee, a project manager at Square Crypto — the crypto arm of the payments company Square — made a number of recent remarks that solidify the company’s emphasis on Bitcoin (BTC). Lee commented to this effect in the course […]
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The U.S. Department of Defense has put blockchain on its four-year roadmap for cybersecurity improvements. The United States Department of Defense (DoD) is pursuing blockchain solutions for cybersecurity as part of its digital modernization strategy. The DoD released plans for blockchain tech in its four-year roadmap on July 12, entitled “DoD Digital Modernization Strategy: DoD […]
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The chief of the SEC Division of Enforcement’s Cyber Unit has resigned, after around two years of leading investigations involving crypto and cyber security. The chief of the United States Securities and Exchange Commission (SEC) Division of Enforcement’s Cyber Unit, Robert A. Cohen, has stepped down from his role at the commission. According to an […]
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Singapore’s proposal to exempt crypto from a goods and services tax would benefit crypto-related businesses, says PwC corporate tax expert. Singapore’s plans to exempt certain digital currencies from the Goods and Services Tax (GST) would benefit cryptocurrency-related businesses, according to a partner in PwC Hong Kong’s corporate tax practice. As reported by Hong Kong’s English […]
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