Bitcoin is the third most-used online payment method in Italy, ahead of traditional credit cards like Visa, Mastercard and American Express. According to new data from marketing analysis firm SEMRush, Bitcoin (BTC) is the third-most preferred online payment method in Italy. Bitcoin comes in third place On Oct. 31, the Italian news outlet La Stampa […]
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Libra considering the use of fiat-pegged stablecoins for its basket while navigating through a wave of negative criticisms from regulators. Amid the regulatory storm facing Libra, the project’s hierarchy is looking to change one important detail of the payment system: using fiat-pegged stablecoins rather than a token supported by a basket of national currencies. The Libra Association […]
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Topco Associates will use a blockchain platform for food supply chains that is based on Mastercard’s Provenance Solution. Topco Associates, the largest American retail food group purchasing organization, will pilot Mastercard’s blockchain tech in its operations. According to a press release on Oct. 27, Topco will test a traceability platform developed by logistics firm Envisible. […]
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Bitcoin hits a five-month low and clocks 36% daily gains in a single week, and Congress unconvinced after Zuckerberg showdown. Coming every Sunday, Hodler’s Digest will help you 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 […]
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As crypto regulation is accepted in UAE blockchain projects could stand to benefit. The Securities and Commodities Authority (SCA) in the United Arab Emirates has drafted a resolution on regulating crypto assets, providing greater clarity for crypto-related projects in the Middle East nation. With the focus usually on China, Japan or the United States, the […]
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What’s the right approach to privacy that will allow crypto to best navigate regulation? Bitcoin (BTC) and cryptocurrencies are causing some confusion for regulators globally. Designed usually as peer-to-peer payment platforms, cryptocurrencies seek to improve trust, security and privacy by significantly reducing or eliminating third parties. However, by connecting users directly, cryptocurrencies make regulatory oversight […]
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Bitcoin’s transaction activity on the blockchain dwarfs competitors around for longer, notably PayPal, whose annual volume Bitcoin beats in just 60 days. Bitcoin (BTC) has transferred $11 trillion in wealth since its blockchain first went live in 2009, according to the fresh calculations. Bitcoin “going strong” at $9.6 billion per day Uploaded to social media […]
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Platform for instant crypto loans lowers borrowing rates on its credit line service after having secured long-term cost-efficient financing. Nexo, a crypto lending institution, announced that it has lowered the interest rates on its instant crypto credit lines. Lowest rates in the blockchain ecosystem In a press release published Oct. 22, Nexo announced that it […]
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Visa CEO Alfred F. Kelly has said that the company has not entirely abandoned Facebook’s Libra project as it continues discussing development with the social media giant. Alfred F. Kelly, CEO of major payment processor Visa, has said that the company is still in discussions with Facebook on the Libra project. In an interview with […]
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Zeeshan Feroz, United Kingdom CEO of Coinbase, has argued that we need centralized entities like central banks and Facebook to support the crypto ecosystem. Zeeshan Feroz, United Kingdom CEO of Coinbase, has argued that we need centralized entities like central banks and Facebook to support the crypto ecosystem. In an interview with CNBC published on […]
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