IMF expert says a synthetic CBDC is gaining popularity and will drive more innovation. Tommaso Mancini-Griffoli, a representative from the International Monetary Fund, believes that a synthetic private-public partnership could be the best way forward for a central bank digital currency. Mancini-Griffoli, the IMF’s Monetary capital markets department deputy division chief, joined the Money Movement’s […]
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The head of the agency that enforces the Bank Secrecy Act and KYC requirements in the U.S. says the agency aims to help crypto innovate responsibly. In a May 27 interview sponsored by Chainalysis, Director of the United States Financial Crimes Enforcement Network (FinCEN) Kenneth Blanco was adamant that the regulator is not the enemy. […]
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Bitcoin price manipulation, money laundering and racketeering are just some of the complaints against BitMEX, but is there any merit to them? BitMEX, one of the most popular derivatives exchanges in the cryptocurrency market, has come under fire with accusations of being purposefully designed to facilitate “a myriad of illegal activities.” The accusations were made […]
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Dapper Labs — the creator of CryptoKitties — has launched its token-powered basketball game NBA TopShot in beta. Dapper Labs, the team behind the Ethereum-based non-fungible token (NFT)-powered game CryptoKitties, has launched its forthcoming NBA TopShot game in beta. Cointelegraph experienced a sneak preview of the game, which allows players to own, trade and play […]
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Leading Bitcoin fund manager Grayscale Investments explains in its recent report that viewing CBDC as a Bitcoin replacement is incorrect. Leading cryptocurrency fund manager Grayscale Investments explained some fundamental differences in the nature of central bank digital currencies (CBDC) and Bitcoin (BTC). In a recent report, Grayscale suggests that CBDCs are an upgrade to the […]
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Major American digital asset financial services firm BitGo is releasing a new full-service trading platform designed for institutional investors. BitGo, a United States-based firm that handles about 20% of all Bitcoin (BTC) transactions, is introducing BitGo Prime, a new entity specifically for institutional trading services. On May 27, BitGo said that the new prime broker […]
Continue ReadingBitpoint exchange briefed fiscal year losses, Binance donated masks to Japanese nursing homes, and more headlined news from Japan this past week. This week’s headlines from Japan included BitBank exchange adding three trading pairs, Bitpoint exchange posting decreased fiscal year totals, Bitpoint adding information on its 2019 hack, and Binance donating masks to Japanese nursing […]
Continue ReadingThe Ministry of Digital Transformation of Ukraine published crypto draft law “On Virtual Assets” in response to FATF’s June 2020 deadline. Ukraine is getting closer to providing a legal status for cryptocurrencies like Bitcoin (BTC) with a new draft bill published on Monday. On May 18, the Ministry of Digital Transformation of Ukraine published a […]
Continue ReadingEven though cross-chain systems are gaining more attention, experts believe it will take some time for this technology to evolve and mature. As per a detailed report released by accounting giant Deloitte at the World Economic Forum on the subject of blockchain interoperability, this fast-evolving technology still has some distance to tread before it can […]
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Aeternity has launched a crypto-powered social monetization tool allowing content creators to instantly accept tips via web browser or mobile. Blockchain firm Aeternity launched its social monetization tool “Superhero” on May 20, describing the platform as “the first decentralized peer-to-peer instant payment tool for digital goods or social content.” The extension is supported by the […]
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