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Chinese Ride Sharing Giant Didi Chuxing Rolls out Digital Yuan Services
27.10.2023
China’s ride-sharing giant Didi Chuxing has unveiled a new digital yuan service that will let citizens in 250 parts of the nation use their CBDC coins to rent motorcycles. Per the Xi’an Business News Network, the move involves the Didi Chuxing affiliate Didi Qingjue, which operates...
8 Best Real-World Asset Tokens to Buy in 2023
26.10.2023
Real-world asset tokens are a growing trend in the cryptocurrency market. They represent tokenized projects with a tangible presence in the physical world – ensuring solid utility and use cases. This guide explores the best real-world asset tokens to buy right now. Read on to discover...
Creditors of Struggling Crypto Exchange CoinFLEX Sue CEO and Seek Funds from ‘Bitcoin Jesus’ Roger Ver
26.10.2023
Creditors of CoinFLEX, a bankrupt exchange, sue CEO Mark Lamb and early investor Roger Ver, aka Bitcoin Jesus, alleging breach of fiduciary duty over the new exchange OPNX launch and unauthorized use of company assets. On October 25, creditors of the now-defunct cryptocurrency exchange CoinFLEX...
Blockchain Forensics Firm Elliptic Challenges Reports on Crypto’s Role in Terrorism Funding
26.10.2023
Recent reports suggesting that crypto has played a significant role in terrorism funding have been debunked by blockchain forensics firm Elliptic. According to a report by Elliptic published this week, the transparency and traceability of the blockchain make it challenging for terrorist groups like...
Europe May Utilize Blockchain to Fix Bureaucracy as Authorities Suggests Use of “Digital Technologies”
25.10.2023
The European Union (EU) plans to improve the administration processes in all member nations by deploying digital strategies, a new Commission paper reads. A new EU report has placed the digitization of processes at the top of overhauling age-long bureaucracies as it aims to achieve modern...
Coinbase: ‘Overwhelming Majority’ of Terror-Related Funding Still Funneled via Traditional Financial Systems
20.10.2023
According to Coinbase, an overwhelming majority of terror-related funding is still done via traditional financial systems. The crypto exchange suggested that terrorist organizations that do receive crypto funding normally use “offshore entities” when attempting liquidate such digital...
Crypto’s Role in Terrorism Financing Overestimated, Chainalysis Shows
20.10.2023
Inaccurate methodologies have resulted in overstated metrics about the use of cryptocurrency by terror groups fighting Israel, according to Chainalysis. The analytics company has tried to “correct the record” on crypto’s role in terrorism financing amid ongoing hostilities in the Middle East....
Metaverse tech gets US greenlight to use speedier 6GHz frequency
20.10.2023
The United States Federal Communications Commission made the decision amid a flurry of mixed reality devices that are hitting the market
Russia Gov’t Wants to Use Its CBDC for Tax Collection, Paying Benefits
20.10.2023
Russia’s government intends to use the digital ruble to make welfare payments, and wants citizens to use the CBDC to pay their taxes.
Per Finam, the Central Bank and the Ministry of Finance say they are “exploring the possibility of using the digital ruble for government payments,” and want...
Largest Clearing House in the US Acquires Digital Asset Firm Securrency
19.10.2023
The Depository Trust & Clearing Corp., known as DTCC, has acquired digital asset infrastructure company Securrency, according to a Thursday announcement. Securrency will soon rebrand as “DTCC Digital Assets.” Looking ahead, DTCC said it plans to use blockchain technology to integrate digital...
How Bitcoin price report by Glassnode can affect mining profitability?
19.10.2023
Glassnode’s latest report analyzes Bitcoin’s price dynamics and discloses insights that could enhance your investment strategies. Glassnode’s in-depth analysis focuses on capital rotation in digital assets, an essential factor nobody pays attention to. This report introduces...
Can You Use Crypto YouTube Channels to Time the Market? Yes, Says Delphi
19.10.2023
Tracking changes in the viewership and subscriber base of popular crypto-related YouTube channels can offer insights into retail investor sentiment and impending market trends
Binance US Suspends Withdrawals in US Dollars
19.10.2023
Crypto exchange Binance US has suspended withdrawals in U.S. dollars. Users who want to withdraw their USD funds must first convert them into stablecoins or other cryptocurrencies, which can then be withdrawn. Binance US Updates Dollar Withdrawal Policy Binance US, the U.S.-based cryptocurrency...
Elizabeth Warren and 100 Lawmakers Push Biden on Crypto-Terrorism Action, Despite Less Than 1% Illicit Use
18.10.2023
Elizabeth Warren, the Democratic senator from Massachusetts, is alarmed by the potential of crypto-fueled terrorism. She has rallied over 100 policymakers and approached the Biden administration, urging the executive branch to tackle this pressing issue. The news follows Warren’s recently...
Coinbase Lobbying Strategy Faces Hurdles Following Hamas Crypto Use: Berenberg
18.10.2023
Financial analysts at Berenberg view recent reports of Hamas crypto donations as a major stumbling block to the pace of positive crypto regulations globally.
In an Oct 18 research document, the wealth manager stated that Coinbase's intense digital asset lobbying efforts in the United States might...
Report: Valr Partnership With Visa to Expand the Reach of the South African Crypto Exchange
18.10.2023
The South African crypto exchange Valr said its partnership with the global card firm Visa is set to expand the former’s reach. The two companies said they would work on a solution that enables Valr customers to use the card firm’s network to make or receive payments. Harnessing Visa’s...
Coinbase lobbying efforts face setback from Hamas’ crypto use: Berenberg analysts
18.10.2023
Reports of Hamas using crypto to fund recent attacks in Israel could make Coinbase’s lobbying efforts more difficult, says Berenberg lead analyst Mark Palmer
Pension funds could use AI to cut costs, increase returns, says report
17.10.2023
Artificial intelligence is touted to provide a number of benefits to the management of pension funds, according to research from Mercer
Latam Insights: Venezuela and Argentina Leverage ‘Unique’ Crypto Use Cases, Brazilian Congress Advises Indicting CZ
16.10.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Venezuela and Argentina use crypto uniquely, according to Chainalysis; the Brazilian Congress recommends indicting Binance CEO Changpeng Zhao, and...
India’s Central Bank RBI Launches CBDC Pilot in Call Money Market
14.10.2023
India’s central bank, the Reserve Bank of India (RBI), has initiated a pilot for a second use case of its wholesale central bank digital currency (CBDC), focusing on the call money market. The Indian central bank reportedly plans to expand its e-rupee testing to cover the entire wholesale...