Payment processing giant Mastercard wants to patent a new method of simultaneous crypto and fiat storage. U.S. multinational financial services corporation Mastercard wants to apply principles of fractional reserve banking to cryptocurrency, a new patent application published Thursday, Oct. 25 reveals. According to the document, published by the U.S. Patent & Trademark Office (USPTO), the […]
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The SEC has launched its FinHub. What should we expect? On October 18, the U.S. Securities and Exchange Commission (SEC) announced the launch of the agency’s Strategic Hub for Innovation and Financial Technology (FinHub). The new arm of the regulator will be focused on fintech-related fields, including, specifically, distributed ledger technology (DLT) and digital […]
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The estate of the now-deceased rapper Ol’ Dirty Bastard is planning to launch its O.D.B. Coin in December. The estate of infamous Wu-Tang Clan rapper Ol’ Dirty Bastard (O.D.B.) confirmed its Ol’ Dirty Bastard Coin (O.D.B.) will launch Dec. 1, music industry Magazine Vents reported Tuesday, Oct. 23. Originally announced in March and named Dirty […]
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Taiwan’s financial regulator plans to outline official regulations for ICOs next year, reversing a hands-off policy adopted in 2017. Taiwan plans to release draft Initial Coin Offering (ICO) regulation by June 2019, local English-language daily news outlet Taipei Times reported Tuesday, Oct. 23. The publication quoted plans from Wellington Koo, chairman of Taiwanese finance regulator […]
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sponsored An open-source protocol is enabling users to transfer value from one blockchain to another, preventing isolation and removing barriers to trading. A new protocol is allowing users to complete cross-chain transactions – meaning value can be transferred between different blockchains such as Bitcoin and Ethereum. The open-source technology is known as the Open Federated […]
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sponsored A “made-for-gaming” cryptocurrency is leveling up by becoming a payment method in more than 500 games, 200 countries and territories, and have access to over 500 million gamers. A “made for gaming” cryptocurrency has become the first-ever altcoin to be accepted by a major gaming platform – in what is being described as good […]
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Visa is preparing its Hyperledger Fabric-based digital identity system for cross-border payments for launch in the first quarter of 2019. Visa is readying its blockchain-based digital identity system for cross-border payments for launch in the first quarter of 2019, according to a press release published October 21. The system, dubbed Visa B2B Connect, will provide […]
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Investment giant Fidelity is turning to digital assets services, and Steve Wozniak gets into blockchain. 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 — a week on Cointelegraph […]
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A New York federal court has ordered BTC hedge fund Gelfman Blueprint, Inc.and its CEO Nicholas Gelfman to pay over $2.5 million in penalties for a fraudulent Ponzi scheme. A New York federal court has ordered cryptocurrency hedge fund Gelfman Blueprint, Inc. (GBI) and its CEO Nicholas Gelfman to pay over $2.5 million for operating […]
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The head of Russia’s Central Bank, Elvira Nabiullina, remains skeptical about cryptocurrencies’ popularity, which she has previously compared to “gold fever.” The head of Russia’s central bank, Elvira Nabiullina, believes that “crypto fever” is beginning to diminish, major Russian news agency RIA Novosti reports Thursday, Oct. 18. Nabiullina, while speaking at finance innovation forum Finnopolis […]
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