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Bitstamp’s departure from Canada is ‘timing issue,’ says CEO
11.10.2023
Bitstamp’s decision to discontinue operations in Canada is “primarily a timing issue” related to the firm’s expansion priorities, Bitstamp U.S. CEO said
Latam Insights: Argentina Announces National Digital Currency While Peso Sinks, Volcano Energy Launches Lava Pool
9.10.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: The Argentine government announces a national digital currency project, Volcano Energy launches Lava Pool, the first Salvadoran Bitcoin mining pool, and...
Bank of Korea and BIS Prepare Wholesale CBDC Pilot
7.10.2023
The Bank of Korea and the Bank for International Settlements (BIS) have announced a new pilot that will test the functionality of a Korean wholesale central bank digital currency (CBDC), which will serve as a tool for banks to settle interbank transactions and issue CBDC-backed digital currencies...
SEC and 5 Other US Regulators Issue Crypto Investment Warnings
3.10.2023
The U.S. Securities and Exchange Commission (SEC) and several other top financial regulators have issued several warnings regarding investing in crypto assets as part of this year’s World Investor Week. “The risk of loss for individual investors who participate in transactions involving crypto...
Latam Insights: Brazil Launches Nationwide Blockchain ID Program, Venezuelan Crypto Watchdog Extends Restructuring Period
2.10.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Brazil launches a blockchain-based ID card, the Venezuelan cryptocurrency watchdog Sunacrip extends its restructuring period, and Buenos Aires launches...
Brazil to Issue Digital IDs for Its 214 Million Citizens Using Blockchain Technology
2.10.2023
Brazil is set to issue digital identification documents for its more than 214 million citizens using blockchain technology.
The states of Rio de Janeiro, Goiás, and Paraná will be the first to adopt this new system, utilizing a private blockchain developed by Serpro, Brazil's national data...
The Most Pressing Issue on Ethereum is Validator Size Growth
29.9.2023
If appetite for staking on Ethereum does not slow meaningfully over the next several months, the size of Ethereum’s validator set could become problematic for the blockchain, says Christine Kim, Vice President of Research at Galaxy Digital
Tackling the Ticket Scalping Scourge With Blockchain-Based Solutions a ‘No-Brainer’ Says Mohammed El Kandri
29.9.2023
According to Mohammed El Kandri, event organizers battling the ticket scalping problem have a greater chance of overcoming this challenge if they deploy a blockchain-based ticketing solution. A blockchain-based solution allows event organizers to issue digital tickets that are “tamper-proof...
Buenos Aires to issue blockchain-based digital ID
28.9.2023
The first documents to be available on-chain in Buenos Aires include birth and marriage certificates, along with proof of income and academic verification
Why Binance and Banking Giant MUFG Want to Issue Stablecoins in Japan
26.9.2023
Binance Japan and Mitsubishi UFJ bank want to help with the country's Web3 ambitions by issuing stablecoins
Latam Insights: Bitcoin Farm Found at Venezuelan Jail, Bill Protecting Crypto From Seizure Advances in Brazil
25.9.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: a Bitcoin mining farm is discovered during a raid on a Venezuelan jail, a bill that protects crypto from seizure advances in Brazil, and the Chilean police...
Crypto Exchange Upbit Resumes Aptos Withdrawals After Resolving Scam Token Issue
25.9.2023
South Korean cryptocurrency exchange Upbit has resumed Aptos (APT) deposits and withdrawals after a temporary halt prompted by a scam token infiltration.
On September 24, the Korean exchange abruptly paused Aptos withdrawals and deposits due to an "abnormal deposit attempt," sparking an immediate...
Crypto exchange Upbit stems fake APT token flood, resumes services
25.9.2023
The newly created fake APT token called “ClaimAPTGift.com” made its way to 400,000 Aptos wallets, and users found they were able to deposit and sell it on the exchange
‘Lack of Finality’ — Single Mining Pool Commands 53% of Zcash’s Hashrate
20.9.2023
Recent data shows a single mining pool controls more than 53% of the hashrate for the cryptocurrency network Zcash. On September 19, 2023, the crypto mining pool Viabtc had 4.2 giga solutions per second (GSol/s) of Zcash’s total 7.84 GSol/s hashrate. Electric Coin Co., which oversees...
Crypto Has Become a Non-Partisan Issue in the US: Grayscale CEO
19.9.2023
Grayscale CEO Michael Sonnenshein believes cryptocurrency has become a non-partisan issue, claiming that policymakers now acknowledge it's here to stay.
In a recent interview, Sonnenshein said the company is willing to collaborate with the US Securities and Exchange Commission (SEC) to bring about...
Rep. Tom Emmer: Digital assets will be a ‘sleeper issue’ for 2024 elections
18.9.2023
Three candidates from both the Democratic and Republican parties have taken anti-CBDC positions as part of their 2024 presidential run
Latam Insights: Crypto Adoption Booms in Latam Nations, Milei Bashes Socialism
18.9.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Brazil, Argentina, and Mexico are present in Chainalysis’ 2023 Global Crypto Adoption Index; Argentine presidential candidate Javier Milei blames...
Franklin Templeton Seeks to Offer Spot Bitcoin ETF in US
14.9.2023
Asset manager Franklin Templeton has joined the race to issue America’s first exchange-traded fund (ETF) that invests directly in bitcoin. The company applied with the U.S. Securities and Exchange Commission (SEC), following in the footsteps of other major investment firms like Fidelity...
Examining the Concept of Flatcoins: Crypto Tools to Battle Inflation
12.9.2023
With the issue of inflation rising as a real problem for global economies last year, there has been a renewed need for people to seek a way of preserving their purchasing power. Flatcoins, stable currencies that change their value according to the inflation in a determined jurisdiction, have surged...
Latam Insights: El Salvador Launches Pilot to Introduce Bitcoin Content in Schools, Bitso Teams up With Despegar in Argentina
11.9.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: El Salvador launches a pilot to add Bitcoin content to school curriculums, Bitso announces a partnership with Despegar in a cashout program, and Uruguay...