BitForex has listed MILE on their exchange. It’s a deflationary cryptocurrency tied to a new stablecoin, XDR. MILE carries a 0.01 MILE transaction fee, while XDR transactions are free. While the market for stablecoins is already crowded, George Goognin, a board member and global ambassador for the Mile Unity Foundation believes that this coin pairing […]
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A document produced under the auspices of China’s IT Ministry has called on the country to “accelerate” the development of standards for the blockchain industry. A document published Nov. 12 on the official website of the Cyberspace Administration of China (CAC) calls on the country to “accelerate” the development of standards for the blockchain industry. […]
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The head of the IMF suggests looking into central bank issued digital currencies, while a Swiss stablecoin gets Sharia certified. Coming every Sunday, the Hodler’s Digest will help you to track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and much more […]
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The Canadian House Finance Committee has put forward three suggestions for regulating cryptocurrencies, citing money laundering concerns. The Canadian House Finance Committee has recommended that the government start regulating cryptocurrencies to prevent money laundering, Canadian digital newspaper iPolitics reports Nov. 14. According to iPolitics, the Canadian House Finance Committee suggested that cryptocurrencies should be regulated […]
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The fourth largest European stock exchange, SIX Swiss Exchange, will list the world’s first crypto exchange-traded product next week. Switzerland‘s principal stock exchange SIX Swiss Exchange will list the world’s first crypto-based exchange-traded product (ETP) next week, the Financial Times (FT) reported Saturday, Nov. 16. Backed by the Swiss startup Amun AG, the first global […]
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Details of Russia’s national stablecoin have surfaced. On November 7, the chairman of Russia’s State Duma Committee on Financial Markets announced details of the “CryptoRuble,” a long-discussed government cryptocurrency project. Specifically, the official said that a state-backed stablecoin would be a complete equivalent to the Russian fiat ruble, but in a digital space. Russian […]
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The project claims to be able to process the entire daily volume of the U.S. equities market, however, critics remain doubtful. On Nov. 6, the post-trade market infrastructure behemoth, the Depository Trust & Clearing Corporation (DTCC), announced that it is entering the test phase of its attempt to replatform its Trade Information Warehouse (TIW) via […]
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Crypto market experienced a $27 billion drop in valuation overnight, experts explain factors and trends. On November 15, within a 24-hour span, the valuation of the crypto market fell from $210 billion to $183 billion, by more than $27 billion on a single day. Source: CoinMarketCap.com Fueled by the 18 percent drop in the price […]
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Japan’s financial watchdog reports a lower number of crypto enquiries in comparison to quarter two. The number of enquiries about cryptocurrencies from Japanese investors has declined in the third quarter of 2018, according to a report published by Japan’s Financial Services Agency (FSA) Friday, Nov. 16. The FSA, which oversees the country’s crypto market, published […]
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Warren Davidson, Republican congressman for the 8th district of the U.S. state of Ohio, plans to introduce a bill that would allow ICOs to “sidestep” securities laws. Ohio Congressman Warren Davidson plans to introduce a bill that would allow Initial Coin Offerings (ICOs) to “sidestep” U.S. securities laws, according to a report from Washington Examiner […]
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