Securities firms in Thailand are now authorized to count crypto as capital funds. Thailand’s Securities and Exchange Commission has revised its net capital rules regarding digital assets. According to a Nov. 18 report by The Bangkok Post, the Thai SEC now allows firms dealing with digital assets to include the value of those assets when […]
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The 166th wealthiest person in the world has revealed that he has invested in Bitcoin. Ricardo Salinas Pliego, the second-wealthiest man in Mexico, has revealed that 10% of his “liquid portfolio” is invested in Bitcoin (BTC). The billionaire shared a video captured in “a Latin country” depicting banks throwing out garbage bags filled with paper […]
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Digital identification is the future. What role will blockchain play? Chinese conglomerate Tencent Holdings is joining forces with blockchain company ShareRing to launch a new digital identification system to streamline international travel amid the pandemic. As the South China Morning Post reported Tuesday, ShareRing will combine its distributed ledger technology with Tencent’s cloud services to […]
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As Bitcoin Cash goes through another fork, Bitcoin Cash Node seems to be the emergent winner for now. The Bitcoin Cash network just went through yet another fork after originally being created as a hard fork from the Bitcoin (BTC) blockchain in August 2017. The hard fork on Nov. 15 split the Bitcoin Cash network […]
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Fidelity Digital Assets has published its response to commonplace criticisms of Bitcoin. “Bitcoin has failed as means of payment” is one of the prevalent criticisms of Bitcoin (BTC) that Fidelity Digital Assets is seeking to rebut. In a blog post published on Nov. 13, the firm took on six “persistent” criticisms, including Bitcoin’s volatility, environmental […]
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Solid crypto regulations would be a long time coming for Kyrgyzstan. The central bank for the Central Asian country of Kyrgyzstan is working on a draft law to regulate the cryptocurrency industry in the country. According to an announcement on Nov. 13, the National Bank of the Kyrgyz Republic is developing a draft law that […]
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“Offering travelers the ability to pay via Bitcoin feels like the right move at the right time.” A California-based visa and passport processing company announced it would be accepting Bitcoin as a form of payment as the U.S. State Department’s operations are beginning to return to normal. According to a Nov. 6 announcement from passport […]
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CBDCs won’t fundamentally be changing anything — central banks still want to control your wealth and your money. Mark my words: Governments and central banks will never care about your wealth and your privacy as much as you do. That reality is exactly why central bank digital currencies are dead in the water already. They […]
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The Ukrainian government is making serious steps toward crypto to make the country a leader in Eastern Europe. Ukraine is ranked as the world’s leader in the Global Crypto Adoption Index 2020, according to a research published by Chainalysis earlier this fall. Despite this, cryptocurrencies still remain a gray area in the economy. Since 2014, […]
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Does Bitcoin finally have an advocate at the highest levels of government? In an interview with the ABC News program GMA3: What You Need To Know on Friday, senator-elect Cynthia Lummis again voiced her support for the popularization of Bitcoin, going so far as to say that she does “hope to bring Bitcoin into the […]
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