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Korean Presidential Committee Pushes to Make Cryptocurrency Mainstream
8.1.2020
A South Korean committee directly under the president has recommended several measures to the government that will make cryptocurrency mainstream. Emphasizing that “it is no longer possible to stop crypto asset trade,” the committee recommends integrating crypto into the country’s...
Market Update: Top Cryptos Face Strong Resistance Ahead
7.1.2020
On January 6, digital currency markets saw decent gains as the entire crypto market capitalization surpassed the $200 billion mark at 3:50 p.m. EST. Since then most cryptocurrencies have tested heavy resistance and a slew of assets are being held back. Moreover, crypto trade volumes have increased...
IBM and Fair Trade Initiative Demo Blockchain-Based Coffee Tracking App
6.1.2020
IBM and Farmer Connect debuted a blockchain app that allows consumers to monitor the coffee supply chain
Stellar (XLM) Surges Notably to Trade at $0.048
6.1.2020
Stellar (XLM) price rally spikes hope among traders The future speculations about drastic result strengthen Stellar price on the intraday chart is seen rising with a soaring momentum. The currency is ragging above the expected level. The market might experience selling pressure due to...
China Takes Another Step Away From USD Hegemony
1.1.2020
The China Foreign Exchange Trade System (CFETS) announced that effective January 1, 2020, the system “will adjust weights for CFETS RMB Index,” decreasing the weighting of the USD for the second time in the currency basket’s history from 22.40% to 21.59%, and increasing the Euro...
AirSwap is Leading the Way to Smart Contracts’ Perfection
31.12.2019
In the financial world, advancements and innovations are at their peak. One of the finest innovations is Smart Contracts. It is nothing but automation of the deal-making process. Like its conventional counterpart, it also needs two or more parties and deals with realities, exchange shares, money...
Utorg Exchange Grants Access to Traders With Limited Verification
24.12.2019
Utorg.io is a digital asset exchange based in the U.K. that allows users in Europe and around the world to trade cryptocurrencies with stablecoins and fiat money. What sets the new platform apart from many incumbents is the simplified verification procedure for traders who don’t exceed...
Entrepreneurs From China, Japan, and South Korea Call for Bringing Ease of Trade
24.12.2019
As China, Japan, and South Korea trilateral summit is opening avenues for solving three nations’ trade-related issues and increased co-operation, on its sidelines, the prominent business leaders from these countries have met. The meeting has happened in Chengdu, China and was organized by...
Ripple Boss: 50% of World Top 20 Banks to Trade Digital Assets in 2020
20.12.2019
Brad Garlinghouse. Source: a video screenshot, Youtube, Ripple
Fiats will go digital in 2020, with 50% of the biggest global banks in the world set to work with digital assets, says Brad Garlinghouse, the CEO of Ripple.
Garlinghouse has predicted that half of the world’s top 20 biggest banks will...
Troy Trade Collaborates With Wanchain to Design Seamless Cross-chain Trading Ecosystem
20.12.2019
Major crypto broker and asset management firm Troy Trade revealed through a tweet that they are building a cross-chain trading ecosystem along with Wanchian in a strategic partnership. #TroyTrade officially partners with @wanchain_org, a new distributed financial infrastructure that records...
Erisx Launches Regulated Bitcoin Futures Market
18.12.2019
Crypto trading platform Erisx has launched a bitcoin futures market regulated by the U.S. Commodity Futures Trading Commission (CFTC). Its physically settled bitcoin futures contracts trade alongside its spot market which supports four cryptocurrencies. Erisx has obtained a license from the U.S....
Kraken Crypto Exchange Acquires Circle Trade OTC Desk of Circle Firm
18.12.2019
Headquartered in San Francisco, the leading cryptocurrency trading exchange Kraken has broadcasted the news about its OTC arm acquiring the “Circle Trade” OTC desk of renowned crypto startup firm, Circle, on December 17 through an official blog post. The Kraken team addressed the deal as...
Accenture Will Board Corporates Onto Marco Polo Shipping Blockchain
17.12.2019
Accenture plans to help TradeIX create new use cases beyond banking for buyers and sellers within trade finance after backing the Marco Polo tech partner
R3’s Marco Polo Runs Largest Trade Finance Trial With Over 70 Members
16.12.2019
R3’s trade finance network Marco Polo completes its largest trade finance trial involving more than 70 firms
R3 Completes Trade Finance Blockchain Trial With More Than 70 Organizations
16.12.2019
The trade finance blockchain consortium claims that it completed more than 700 funding requests with around 340 participants
Bitcoin.com Exchange Lists More Tokens for Trading
15.12.2019
Bitcoin.com Exchange was launched in early September 2019 as an easy-to-use platform with world-class security and a powerful trading engine. The venue has rapidly expanded its roster and now offers 27 different digital tokens for users to trade. Two of the latest additions to the exchange are...
German Fintechs Rush to Offer Crypto Custody Services Under New Law
13.12.2019
Fintech companies in the Federal Republic are quickly moving to develop and offer custodial solutions for digital assets under the new German legislation that will allow banks to store, transfer and trade cryptocurrencies next year. Berlin-based Solarisbank has established a subsidiary that will...
China’s Inflation Hits a Record 4.5% as Beijing Prepares to Test Digital Yuan
12.12.2019
China has been confronted with multiple economic and financial problems this year amidst an ongoing trade war with the United States. Authorities in Beijing have been trying to overcome the challenges with administrative measures in what has become a market economy over the years. Inflation of...
CBD Coffee Company Leverages Censorship-Resistant Nature of Crypto
11.12.2019
On December 8, the U.S.-based coffee firm that uses cannabidiol (CBD) in its product, Crazy Calm, launched a promotion that aims to send $5 per order to the charity EatBCH. The founder of Crazy Calm, Matt Aaron, also detailed that the startup wanted to leverage the payment processor Shopify but...
A Reality Check: Blockchain and DLT in International Trade
9.12.2019
Would blockchain help to bring global trade to a digital era? An overview of a new TFG’, WTO’ and ICC’s study