Barclays halts business with Coinbase as exchange needs an innovative bank to tailor to its AML and KYC needs, but will U.K. customers be better off now? It is being reported that Barclays, the London-based global bank, recently stopped banking for Coinbase, the United States-based crypto exchange. Coinbase reportedly found a quick replacement in the […]
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China’s Shenzhen Special Economic Zone will now support the research and promotion of digital funds and the national cryptocurrency based on the renminbi. On Aug. 18, the Central Committee of the Communist Party of China outlined the plans for the future development of the Shenzhen Special Economic Zone, including the research and promotion of digital […]
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The upcoming implementation of the California Consumer Privacy Act of 2018 has grave implications for businesses utilizing blockchain technology… The California Consumer Privacy Act of 2018 (CCPA), which goes into effect on Jan. 1, 2020, has signaled a new push in the United States to strengthen and broaden privacy regulations, similar to the trends seen […]
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The over 5 million merchants registered with the Thai QR code system can now accept payment in privacy-focused cryptocurrency Zcoin. Privacy-focused cryptocurrency Zcoin is now available for spending in Thailand at any merchant registered with the Thai QR code system through Satang App. According to an announcement published by Zcoin on Aug. 15, over 50 […]
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Monolith Visa debit card can now be loaded with tokens from Digix and MakerDAO. London-based banking alternative Monolith announced its partnership with decentralized finance companies Digix and MakerDAO, Aug. 15. As part of its drive for digital payment adoption in e-commerce, DGX, DGD and DAI tokens will now be loadable onto the Monolith Visa debit […]
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As the People’s Bank of China reveals new details of its future cryptocurrency, more users are getting concerned about its partial decentralization. The People’s Bank of China (PBoC) has completed the development of a prototype for issuing a national cryptocurrency, as Cointelegraph reported on Aug. 11. As it turned out, it will be powered by a […]
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South Korean music streaming platform Bugs has joined the blockchain-oriented Terra Alliance e-commerce ecosystem. Blockchain payment system and stablecoin issuer Terra has added South Korean music streaming platform Bugs to its e-commerce alliance. As CoinDesk reported Aug. 14, there are now 25 partners in the Singapore-based company’s South Korea-focused payment ecosystem. The Terra Alliance uses […]
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Luxembourg’s financial regulator has warned the public that a cryptocurrency-related firm has no license to operate in the country, despite its claims. Luxembourg’s financial regulator, the Commission de Surveillance du Secteur Financier (CSSF), says that a seemingly crypto-related entity called Cryptominingoptionsignal claims to be licensed in Luxembourg, but is not. In a warning notice dated […]
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A Singaporean startup, Limestone Network, is using blockchain to sustain a smart neighbourhood at the heart of the Cambodian capital. A Singaporean startup, Limestone Network, is using blockchain to sustain a smart neighbourhood at the heart of the Cambodian capital. As Tech in Asia reports on August 14, the 100-hectare mixed-use development in Phnom Penh […]
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Colu has shut down its blockchain platform and is offering to repurchase its tokens from investors for Ether. Colu Group subsidiary Colu DLT has announced that it is shutting down its blockchain-based Colu Local Network, and is offering to repurchase and burn the accompanying CLN tokens sold to investors during its initial coin offering (ICO). […]
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