Major crypto exchange OKEx is at the 50th WEF Annual Meeting in Davos this week, promoting blockchain and cryptocurrencies as a new motor for the global financial system. Major cryptocurrency exchange OKEx is at the 50th World Economic Forum Annual Meeting in Davos this week, promoting blockchain technology as a new motor for the global […]
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The Singapore government and 16 major trading and manufacturing companies have partnered to promote digitization of international trade. The Singapore government, along with an array of the world’s major financial and manufacturing companies, has formed an alliance to promote the adoption of digital technologies in trade and commerce. According to a press release shared with […]
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EGifter becomes the first merchant to accept XRP through BitPay, creating new and practical uses for the digital asset. BitPay, a leading provider of Bitcoin and cryptocurrency payment services, announced on Jan. 21 the launch of XRP payments and cross-border transfers. BitPay has also added support for XRP — the cryptocurrency used by Ripple’s payment […]
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The world of mainstream finance may fall behind without technological innovation, according to multiple experts’ comments at the Davos WEF. If mainstream finance does not adopt new technologies, such as those seen in blockchain and crypto, they will fall behind, according to a few experts’ comments at the World Economic Forum (WEF) in Davos Switzerland. […]
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As the FCA looks to shake things up under their new AML regime, how will the U.K. and the global cryptocurrency industry react? The Financial Conduct Authority (FCA) is now the United Kingdom’s sole Anti-Money Laundering (AML) authority for the crypto business. After a decade of compliance under a laissez-faire approach to AML legislation, U.K.-based […]
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The beer conglomerate behind the Budweiser brand is using blockchain to ensure local suppliers in Africa are able to report their income and open bank accounts. AB InBev, the company behind the Budweiser brand, is helping local African farmers to prove their income using blockchain, Yahoo Finance reports on Jan. 21. A blockchain-based system developed […]
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CME launched its first Bitcoin options product, but is its initial success a matter of good timing? In the two years since it launched cash-settled Bitcoin futures, CME has firmly established itself as a leader in the regulated crypto derivatives space despite not always being the first to market. In December 2017, it launched regulated Bitcoin futures a […]
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Over the course of 2019, China spent $3.6 billion on blockchain investment deals, which is nearly 41% less than in 2018. Chinese blockchain spending in areas of investment and financing deals has dropped over 40% in 2019, according to a new study by state-run sources. Over the course of 2019, China totally had 245 investment […]
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Thailand’s securities regulator has granted a coveted digital assets exchange license to Asia-Pacific crypto-fiat trading platform Zipmex. Thailand’s securities regulator has granted a coveted digital assets exchange license to Asia-Pacific crypto-fiat trading platform Zipmex. According to a press release shared with Cointelegraph on Jan. 20, Thailand’s Ministry of Finance and the Thai Securities and Exchange […]
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China leads the blockchain-based mobile digital payment revolution. Society is now witnessing the implementation of digital currencies, AI and blockchain technology worldwide. These new digital technologies require a high consumption of electric energy, which is currently produced with coal and fossil fuels that adversely impact the environment. A global shift toward green energy will require […]
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