Hodler’s Digest, Nov. 26—Dec. 2: Satoshi Makes a New Friend, Buterin Gets Negative Over Centralized Blockchains

Ohio businesses can soon pay taxes in Bitcoin, while Nasdaq looks ahead to a Bitcoin futures launch. Coming every Sunday, the Hodler’s Digest will help you to 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 week […]

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Russian Economic Minister Says BTC Is ‘Soap Bubble’ But Lauds Crypto’s Influence on Tech

Russia’s economic minister has compared BTC with a “soap bubble,” while seeing its influence on increasing tech investments as positive. The Minister of Economic Development of Russia referred to Bitcoin (BTC) as a “soap bubble” that has has led to investors’ losses, Russian informational agency RBK reported Nov. 28. Minister Maksim Oreshkin, speaking in an […]

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Tether Re-Opens Direct Redemption of Fiat, While Bitfinex Adds Tether-Fiat Trading Pairs

Popular stablecoin Tether resumed deposit and redemption of USDT to fiat, while affiliate firm Bitfinex added Tether-fiat trading pairs. Popular stablecoin Tether has announced 1:1 redemptions of USDT to fiat, while affiliated crypto exchange Bitfinex added two new Tether-fiat trading pairs, according to announcements from both firms Tuesday, Nov. 27. Tether announced the direct redemption […]

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Abu Dhabi Bank Reports ‘First’ Blockchain-based Transaction of ‘Sharia-Compliant Bonds’

Al Hilal Bank has completed “the world’s first sukuk transaction” using blockchain technology. Al Hilal Bank, based in Abu Dhabi, the United Arab Emirates (UAE), has announced it has completed “the world’s first sukuk transaction” with the use of blockchain technology, Reuters reports Nov. 26. Sukuk, a legal instrument also known as “sharia compliant” bonds, […]

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South Korea: Messaging Giant Kakao to Attract Crypto Investments in Singapore

The blockchain technology platform Klaytn, the brainchild of Kakao subsidiary Ground X, has been established in Singapore to attract crypto investments. Kakao Corp, a major South Korean Internet conglomerate, has established a subsidiary of the company in Singapore to attract foreign investments with cryptocurrencies, Seoul-based media outlet News1 reported Nov. 21. According to the article, […]

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