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Jack Dorsey still thinks Bitcoin is the strongest contender for an internet-native currency
10.9.2020
The Square CEO remains a vocal champion of the Blockchain space
Fiat Devaluation Drives Retail Bitcoin Transfers in Africa 56% in a Year: Report
10.9.2020
Monthly cryptocurrency transfers to and from Africa under $10,000 soared more than 56% from a year ago to reach $316 million in June, according to new research by U.S. crypto analytics firm Chainalysis. Altogether, $8 billion worth of crypto was received into the continent and $8.1 billion sent...
Crypto Exchange Currency.com Offers Belarus Employees Vilnius Escape Route
10.9.2020
Crypto companies may look to exit Belarus as political unrest deepens in the EU's Eastern neighbor, usurped by "the last dictator in Europe" Alexander Lukashenko.
Per TUT.by, the Minsk-based Currency.com platform, which claims to be the world's first regulated tokenized securities...
Digital Currency Group acquires cryptocurrency exchange Luno
9.9.2020
After providing initial seed funding to Luno in 2014, Digital Currency Group has acquired the cryptocurrency exchange platform
Digital Currency Group Snaps Up British Crypto Exchange Luno
9.9.2020
Barry Silbert. The New York-based crypto investor the Digital Currency Group (DCG) has announced it has taken over UK-based crypto exchange Luno for an undisclosed sum.
DCG made an initial investment in Luno back in 2014, but the platform has continued to grow in recent years, setting up bases...
DCG Enters Retail Crypto Market With Acquisition of Luno Wallet
9.9.2020
Blockchain-focused investment firm Digital Currency Group has acquired Luno, a retail-focused cryptocurrency exchange with over five million customers
At least 3 nations to replace their currency with CBDC by 2030: report
9.9.2020
The digital yuan will not unseat the U.S. dollar — at least not right away
Venezuela Blocks Access to Coinbase and Remittance Service MercaDolar
9.9.2020
Venezuela has blocked access to Coinbase and MercaDolar, cryptocurrency and fiat remittance platforms respectively, alongside two VPN providers
Microsoft warns digital currency owners to be aware of new malware
6.9.2020
Windows users must be wary
South African Man Charged in U.S. Court for Fraud Involving $28 Million in Bitcoin and Forex
5.9.2020
A South African man has been charged with fraud in the Maryland District Court for allegedly scamming $28 million from over 1,000 investors. Dennis Jali, a former resident of Maryland, targeted church-going African immigrants, promising them guaranteed returns on his supposed bitcoin (BTC)...
Brazil’s Central Bank Says Nation Might Be Ready for a Digital Currency by 2022
3.9.2020
Brazil's fast-digitizing financial infrastructure could set the stage for CBDC in the next two years, said Campos Neto
CFTC Greenlights LedgerX Request to Move Beyond Digital Currency Products
2.9.2020
The federal regulator has approved LedgerX’s amended registration to offer fully collateralized futures and options products
Bitcoin drops to $11.1K as USD currency index frustrates BTC price
2.9.2020
An uptick in the USD currency index produces an instant plunge for BTC/USD, with the largest cryptocurrency sinking 5% on the day
Nigeria Foreign Exchange Crisis: Worsening US Dollar Shortages Point to Further Devaluation
2.9.2020
Pressure on Nigeria’s current exchange rate is likely to get worse in 2021, when the expected recovery of imports is set to force another devaluation of the local currency to N430/$ next year, according to two Bank of America analysts. Earlier rate adjustments, one in March and another...
China’s Digital Currency May Come With Hardware Wallets as Well
1.9.2020
China Construction Bank’s brief digital yuan debut suggests that hardware wallets for the central bank digital currency may be in the works
South Korea’s Central Bank Starts Technical Phase for Digital Currency Ahead of 2021 Pilot
31.8.2020
The Bank of Korea is seeking a partner to help develop the architecture for a potential central bank digital currency
Major Chinese Bank Launches Central Bank Digital Currency Wallet Briefly
29.8.2020
One of China’s biggest banks recently opened up registration for wallets using the country’s central bank-backed digital currency. There are four levels of the wallet, according to reports. However, the bank took the offer down a few hours later. China’s Digital Currency Wallet...
Chinese Bank Disables Digital Yuan Wallet After Soft Launch Draws Wide Attention
29.8.2020
China Construction Bank had quietly opened up the wallet service of China's digital yuan to public users – but has now disabled it shortly after the feature gained wide attention
Digital yuan doesn't pose a threat to the hegemony of the dollar, says expert
28.8.2020
Foreign investors still doubt the PBoC's policies when it comes to the RMB exchange rate
Bitcoin Slips in Latest Crypto Ranking by Chinese Government-Backed Center
28.8.2020
China’s Center for Information and Industry Development has revised its rankings of 37 crypto projects. Bitcoin has fallen from the previous ranking. As the Chinese government focuses on launching its central bank digital currency, the Center for Information and Industry Development (CCID)...