government Archives - Page 64 of 166

Philippines Launches Blockchain App to Distribute Government Bonds

July 21, 2020cashtechnews

The Philippines has launched a blockchain-enabled mobile application for the distribution of government-issued bonds. On July 19, the Philippine Bureau of the Treasury along with the UnionBank and Philippine Digital Asset Exchange launched a blockchain-enabled mobile application for distributing government-issued treasury bonds. According to local news outlet Inquirer.Net, the president and CEO of UnionBank, Edwin […]

Tether CTO: ‘USDT Will Continue to Exist Alongside CBDCs’

July 20, 2020cashtechnews

With a market cap over $10B, Tether isn’t likely to be displaced by any central bank digital currency according to Paolo Ardoino. Paolo Ardoino, Chief Technology Officer (CTO) of Bitfinex and Tether, says recent pushes for governments to adopt regulatory paths towards central bank digital currencies won’t adversely affect stablecoins like Tether. “In the long […]

DeFi Token Rally Pushes Aave (LEND), (SNX) Market Cap Above Maker (MKR)

July 20, 2020cashtechnews

Aave and Synthetix Network both overtook MakerDAO’s Maker by market capitalization as the DeFi sector continues to surge. Decentralized Finance (DeFi) tokens continue to make drastic moves on the price charts, compensating for Bitcoin’s low volatility which has recently hit a three year high. Earlier today, Aave (LEND) and Synthetix Network (SNX) token briefly surpassed […]

Global Banks Reportedly Limit Service in Hong Kong for Political Reasons

July 20, 2020cashtechnews

Global banks are scanning clients in Hong Kong on potential political ties amid protests over China-initiated national security law. Major international banks like Credit Suisse and HSBC are reportedly scrutinizing their Hong Kong clients amid the ongoing protests over China-backed national security law. According to a July 19 report by Reuters, global banks including Credit […]

Romania Is on the Way to Blockchain and Crypto Regulation

July 20, 2020cashtechnews

The European Union’s 5AMLD has been adopted as the first regulation in Romania of virtual currencies, crypto-wallets and fiat-crypto exchange platforms. The European Union and the European Central Bank wanted to create a unitary legal framework that would limit the anonymity of cryptocurrency transactions, especially in the spectrum of money laundering, terrorist financing and tax […]

Korean Exchanges Struggle With Expansion Amid Uncertain Regulations

July 20, 2020cashtechnews

Cryptocurrency exchanges in Korea shrink within national boundaries due to lack of regulatory clarity. The lack of regulatory uncertainty in South Korea is causing major Korean cryptocurrency exchanges to lose international traders and turn their focus on the domestic audience. Speaking to Cointelegraph, a spokesperson of the South Korean exchange Upbit expressed his concern about […]

Digital Yuan CBDC Momentum Grows as More Chinese Firms Get to Testing

July 19, 2020cashtechnews

As the development of the digital yuan project progresses, the number of China’s largest companies testing the national cryptocurrency is rapidly growing. Despite the global economic crisis and the consequences of the coronavirus pandemic, the development of the Chinese national cryptocurrency, the Digital Currency Electronic Payment, is steadily progressing. The increase in the number of […]

Getting Out of Cash Is Key to Wealth and Inflation Protection, Pompliano Says

July 18, 2020cashtechnews

Describing the current economic state, including pending inflation, Anthony Pompliano noted exiting cash into other assets as the key to wealth. During a recent YouTube livestream, Morgan Creek Digital co-founder and crypto expert Anthony Pompliano detailed the current post-COIVD-19 economy, noting the U.S. government’s money printing and spending efforts. “There is a devaluation of […]

Pomp Says Unemployment Has Risen Faster Than in the Great Depression

July 18, 2020cashtechnews

Anthony Pompliano said recent unemployment has surged faster than the U.S. saw during the Great Depression, but what does that mean for crypto? Morgan Creek Digital co-founder Anthony Pompliano, also known as Pomp, jumped on a YouTube livestream on July 18, talking about the current economic state and its future. “In 1929, which was the […]

Twitter Wouldn’t Be Hacked If It Were Backed by Blockchain Technology

July 18, 2020cashtechnews

The recent Twitter hack shows us that centralized infrastructure is still vulnerable, but DIDs, SSI and blockchains can change the paradigm. Murphy’s law states: “Anything that can go wrong will go wrong.” It always happens with centralized services. A year ago, we saw how half a million Facebook accounts were leaked online, exposing personal data. […]

Tag: government

Philippines Launches Blockchain App to Distribute Government Bonds

Tether CTO: ‘USDT Will Continue to Exist Alongside CBDCs’

DeFi Token Rally Pushes Aave (LEND), (SNX) Market Cap Above Maker (MKR)

Romania Is on the Way to Blockchain and Crypto Regulation

Korean Exchanges Struggle With Expansion Amid Uncertain Regulations

Digital Yuan CBDC Momentum Grows as More Chinese Firms Get to Testing

Getting Out of Cash Is Key to Wealth and Inflation Protection, Pompliano Says

Pomp Says Unemployment Has Risen Faster Than in the Great Depression

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