Ripple’s Japanese partner wants to lead financial innovation in the country. SBI Holdings, Japanese financial giant and a major blockchain-focused institution, is reportedly planning to set up a blockchain-based digital stock exchange. Yoshitaka Kitao, president and CEO at SBI Holdings, announced the company’s plans to collaborate with Osaka Prefecture to establish a new global financial […]
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Australian government report on the future of fintech and regtech suggests blockchain technology is critical to Australia’s future The Australian government’s Senate Select Committee on Financial Technology and Regulatory Technology has released a draft report citing blockchain technology more than 50 times. The report is in response to Australia’s first recession in 30 years as […]
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Companies like Visa and Mastercard are taking an interest in crypto startups to drive growth, but does this challenge the fundamentals of crypto? Financial services giants Visa and Mastercard have shown an increased interest in the trillion-dollar digital payment sector through their recent acquisitions of innovative fintechs. In January this year, Visa acquired fintech firm […]
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Discussing a use case that the Brazilian government started developing last year: a digital identity solution called FinID. Imagine if it were possible for your identity to be available at any time, where third parties could only access it with your consent. The discourse that everyone has the right to own their digital identity has […]
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Current regulation will only push crypto forward according to Omniex CEO. Hu Liang, co-founder and CEO of Omniex, is well-versed in the digital payments space and institutional investing. During an interview, he told Cointelegraph that he doesn’t consider the current regulatory landscape to be a barrier for blockchain or crypto investment. Omniex is an independent […]
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Research into Sushi’s wallets reveal the admin holds the keys to $27 million worth of tokens. Analysis of hot DeFi protocol SushiSwap’s smart contracts has revealed that as much as $27 million worth of the native token is in an admin wallet that could be dumped without warning. Data analyst and partner at Cinneamhain Ventures, […]
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The island continues to work toward full crypto adoption. The Government of Bermuda has announced their partnership with stablecoin platform, Stablehouse. Together they hope to roll out a pilot program for a digital “stimulus” token, targeting both residents and merchants within the islands. According to The Royal Gazette, the idea of launching such a program […]
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Fed Chairman Jerome Powell threw the U.S. dollar under a bus last week at the central bank’s annual Jackson Hole, Wyoming, meeting. The Economic Policy Symposium hosted annually by the Federal Reserve Bank of Kansas City — an event attended by finance ministers, central bank managers and academics, among others — was held virtually due […]
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Policyholders can pay in either Bitcoin or Ether through Bitcoin Suisse. A major health insurance provider in Switzerland has made Bitcoin and Ether payments available to its policyholders. According to an Aug. 31 announcement, Atupri Health Insurance is partnering with crypto financial services company Bitcoin Suisse for its 200,000 customers to make payments using Bitcoin […]
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Another action-packed week for crypto in Japan has passed. This week’s headlines from Japan included one of country’s leaders describing Bitcoin creator Satoshi Nakamoto’s dream as meaningful, LayerX Labs collaborating with a Japanese university for blockchain research, the FINSUM blockchain conference hosts notable discussion on security tokens offerings, and the head of Monex Group saying […]
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