Mark Carney thinks that while regulators will have to be satisfied, Facebook users will want a cheaper way of moving money. The head of the United Kingdom’s central bank has said Facebook’s new libra cryptocurrency could have genuine use cases if it can conform to regulatory demands, the Financial Times (FT) reported on June 18. […]
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Crypto was a hot topic at a forum featuring Russia’s top people from the economic sector. Last week, an annual forum featuring Russia’s top people from the economic sector was held in St. Petersburg, and cryptocurrencies were a hot topic there. Notably, government agents and state-controlled businesses were vocal about their interest in blockchain, but […]
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Korean banks push for blockchain adoption as former high-level officials join the space. In recent weeks, major South Korean financial institutions have rolled out a number of services incorporating blockchain technology, especially in the areas of Know Your Customer (KYC) procedures and security. Fintech has become a buzzword for local banks trying to keep up […]
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The former deputy governor of South Korea’s financial regulator has been nominated to lead the Korea Blockchain Association. The former deputy governor of South Korea’s financial regulator, the Financial Supervisory Service (FSS), has been nominated to lead the Korea Blockchain Association. The news, revealed by the association on Monday, was reported by local English-language daily […]
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The governor of the Philippines’ central bank has warned against crypto-enabled terrorism financing. The governor of the Philippines’ central bank, Benjamin Diokno, has warned against the potential use of cryptocurrencies for terrorism financing and underscored that the Bangko Sentral ng Pilipinas (BSP) will continue to closely monitor their use in the country. The news was […]
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Adam Back, a cypherpunk who was one of the first people to work on BTC, attended a seminar at the G20 meeting of finance ministers. Adam Back, who invented the hashcash proof-of-work system and was one of the first people to work on bitcoin (BTC), spoke about the positive uses of blockchain at G20. Cointelegraph Japan […]
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The Central Bank of the Bahamas is moving forward with its state-backed digital currency by entering a new agreement. The Central Bank of the Bahamas (CBOB) will enter an official agreement for development of a digital fiat currency system on May 30, local news agency the Nassau Guardian reports on May 29. Tomorrow, the CBOB […]
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The Russian state of Nizhny Novgorod is testing a blockchain-based application for public administration. The Russian state of Nizhny Novgorod is testing the use of the blockchain-based application “City N” for public administration tasks, according to a report by ForkLog on May 28. State residents will reportedly be able to file their taxes on the […]
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The Reserve Bank of Malawi said that crypto is not legal and the state does not plan to recognize crypto investments in the country. The central bank of Malawi announced that crypto is not legal in the country and that the institution is against crypto-related activities, local news agency Nyasa Times reports on May 27. […]
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Can the top five performers of the past week extend their rally? The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided […]
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