Malta’s Regulatory Framework Has Attracted Crypto Players, but International Watchdogs and Local Opposition Are Skeptical

The International Monetary Fund claimed that the growth of blockchain in Malta has created major risks of money laundering. Last week, the International Monetary Fund (IMF) claimed that the growth of blockchain in Malta has created major risks of money laundering and terrorism financing in the island’s economy, as per the local media. Malta is […]

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Crypto Trailblazer Nick Szabo: Central Banks Could Turn to Crypto to Support Reserves

Cryptocurrency pioneer Nick Szabo has argued that amidst rising geopolitical uncertainty, central banks could soon turn to cryptocurrency reserves. Cryptocurrency pioneer Nick Szabo has argued that central banks could soon turn to cryptocurrencies to shore up their reserves, Finance Magnates reports Jan. 9. Szabo is a veteran cryptographer, having developed the concept of “BitGold” — […]

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Israel National Economic Council Chair: BTC ‘Intrinsically Inefficient, Will Disappear’

The head of Israel’s National Economic Council has denounced Bitcoin as “intrinsically inefficient,” predicting it will disappear. Israel’s economics “tsar” Avi Simhon has denounced Bitcoin (BTC) as intrinsically inefficient, predicting that the cryptocurrency will therefore disappear. A Cointelegraph correspondent reported that Simhon — the head of the National Economic Council and senior economic policy advisor […]

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New Indian Governmental Committee Favors Legalizing Cryptocurrencies, Media Reports

A new Indian governmental committee reportedly favors cryptocurrency regulation and legalization over prohibition. A governmental committee in India has reportedly suggested that cryptocurrencies be legalized in the country, English-language local media TheNewIndianExpress (TNIE) reported on Dec. 26. According to the article, an unnamed senior official who reportedly attended the panel’s meetings on cryptocurrencies stated: “There […]

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Parity Launches Beta Version of Tool Stack for Building Blockchains

U.K.-based blockchain infrastructure firm Parity launched a beta version of its tool Substrate, with which users can create customized blockchains. United Kingdom-based blockchain infrastructure provider Parity has launched a beta version of Substrate, its tool for creating customized blockchains, according to a press release published Tuesday, Dec. 18. The release states that Substrate is designed […]

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Bitcoin Payment Processor Closes Seed Investment Round Backed by Tim Draper

Bitcoin payment processor OpenNode has ended its seed investment round with Tim Draper and Draper Associates. Bitcoin (BTC) payment processor OpenNode has completed a seed investment round with investment from American venture capitalist Tim Draper, according to an announcement on Dec. 18. Founded in April 2018, OpenNode is a multi-layered Bitcoin payment processor for merchants […]

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