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Egyptian Banks Set to Launch Multi-Million Dollar Fintech Fund
1.10.2021
Egyptian banks are reportedly on course to launch a $69.6 million fund which is earmarked to support the country’s fintech companies. According to a report, this fund is expected primarily to target the digital banking and financial services sector. Fintech Apps Targeted Fintech apps that...
Reserve Bank of New Zealand Seeks Public Opinion on Central Bank Digital Currency
1.10.2021
The central bank of New Zealand has lined up among monetary authorities exploring the question of issuing their own digital currencies. The financial regulator is now seeking feedback from the public about the need for a digital form of the national fiat while also promising to preserve cash....
Crypto Exchange Bitbay Passes Audit Under Estonia’s Tougher New Regulations
1.10.2021
Bitbay has become a fully licensed cryptocurrency exchange in Estonia which introduced stricter rules for the industry last year. The European trading platform has recently passed an independent audit that confirmed its “solvency, security and fiscal responsibility.” Audit Examines...
Bitcoin price eyes $50K as the US Dollar retreats after hitting its one-year high
1.10.2021
Rising jobless claims in the U.S. sparked selloffs in the dollar market. On the other hand, Bitcoin held onto its intraday gains
Senator Bragg tells NFT Fest new Australian crypto legislation likely in 2022
1.10.2021
Talking about a digital asset plan being cooked up by a Senate inquiry, Senator Andrew Bragg said, “We will want the major parties, including my party, to adopt these policies as part of their election manifestos.”
Coinbase to Add Direct Deposit Feature — US Paychecks Can Soon Be Converted to Crypto
30.9.2021
On September 27, the digital currency firm Coinbase announced that U.S. customers will soon be able to directly deposit their paycheck into their Coinbase accounts. With the new direct deposit feature, Coinbase customers can leverage their funds to make investments, generate yield, or add value...
Survey Shows 64% of Britons Believe Crypto Is ‘Not a Safe Investment,’ Respondents Think Ethereum Is a Drug, Cardano Is Cheese
30.9.2021
While there’s a lot of hype surrounding digital currencies like bitcoin, a great number of people are still confused by the crypto economy and the myriad crypto assets that exist. One study shows that some people think Ethereum is a drug, while others think Cardano is a cheese. Traders...
How Binance Helps Legal Authorities Take Down Cybercriminals Laundering Illicit Funds
30.9.2021
According to the latest UN statistics, global money laundering transactions reach up to $2 trillion a year. A small fraction of that huge amount passes through the digital assets ecosystem, and responsible actors in it are working to bring that down even more. As the world’s leading...
New Zealand central bank releases issue paper on digital currency
30.9.2021
The central bank of New Zealand has outlined the major benefits of CBDC designs based on blockchain technology
Russian Post to Employ Blockchain Technology in Parcel Tracking
30.9.2021
The national postal operator of Russia plans to implement a parcel tracking system that will rely on blockchain technology. The introduction of the new service is part of Russian Post’s digital transformation strategy and is expected to reduce the number of lost shipments. Blockchain-Based...
‘Faster and Cheaper Cross-Border Transfers’ — Banking Report Led by BIS Highlights the Benefits of Cryptocurrency
30.9.2021
According to a report published by the Bank of International Settlements (BIS) and a group of central banks, digital currencies can lead to faster settlement and cheaper transfers. Moreover, the banking group leveraged a prototype that shows how money transfers can be done in seconds with very...
Labor Union Suggests $18M Activision Blizzard Settlement Akin To Pennies
30.9.2021
Following news that Activision Blizzard plans to settle the U.S. Equal Employment Opportunity Commission’s (EEOC) complaint for just $18 million, workers at a labor union say it doesn’t do enough to curb “corporate bad actors.”Read more
Ukraine’s central bank seeks to hire a blockchain developer, job posting reveals
29.9.2021
The development marks another sign of the digital hryvnia project picking up steam
SwissOne Capital AG Makes It Easy for New Investors to Take Advantage of the Top 50 Cryptocurrencies With Smart Index Crypto Fund Tracker Certificate
29.9.2021
PRESS RELEASE. Zug, Switzerland: SwissOne Capital AG, a specialized digital asset manager with a focus on blockchain investment funds, has partnered with ISP Securities AG for the launch of their Smart Index Crypto Fund Tracker Certificate. This fund tracker certificate is the first of its kind...
Ethereum will replace Bitcoin as the leading crypto network, claims Polygon co-founder
29.9.2021
According to Polygon’s co-founder, Sandeep Nailwal, it is only a matter of time before Ethereum overtakes Bitcoin as the dominant layer-1 protocol
Watch Out Twitch, Porn Site Chaturbate Now Lets Models Stream Video Games
29.9.2021
Live sex cam site Chaturbate recently announced that its streaming platform will now support certain pre-approved video games, and is calling on developers to give their permission to add more to that growing list. Honestly, it was only a matter of time.Read more
Kraken Charged by CFTC Over Margined Crypto Transactions, $1.25 Million Penalty Imposed
29.9.2021
The Commodity Futures Trading Commission (CFTC) has charged Payward Ventures, the operator of cryptocurrency exchange Kraken, “for illegally offering margined retail commodity transactions in digital assets, including bitcoin, and failing to register.” CFTC Charges Kraken, Imposes...
Central Bank of Ukraine Seeks to Hire Blockchain Developer
29.9.2021
National Bank of Ukraine is hiring a blockchain expert who will likely support its digital currency project. The vacancy has been announced as the financial institution prepares to pilot e-hryvnia salary payments for government workers as early as this year. NBU Posts Blockchain Developer Ad...
Nigerian CBDC Website Goes Live, Central Bank Faces Trademark Infringement Allegations
29.9.2021
According to reports from Nigeria, the official website for the Central Bank of Nigeria (CBN)’s e-naira digital currency is now up and running. The reports come just a few days before the start of the central bank digital currency (CBDC) rollout. E-Naira Similar to Physical Currency...
Swiss Fintech Launches Country’s First Regulated Crypto Asset Fund
29.9.2021
fund tracks the performance of the Crypto Market Index 10 which is administered by the Zurich-based SIX Swiss Exchange. The index follows and measures the performance of the world’s top 10 cryptoassets by market capitalization.“The investment fund enables clients of innovative wealth and asse