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Indian Government Reconsiders Banning Cryptocurrency: Report
12.6.2020
The Indian government is reportedly reconsidering a plan to ban cryptocurrency and the finance ministry has initiated related inter-ministerial consultations. The move is supposedly spurred by the supreme court quashing the banking ban imposed by the central bank, the Reserve Bank of India (RBI)....
Custody Provider Copper Joins Think Tank to Bridge Gap Between Traditional Finance and Crypto
11.6.2020
Crypto custodian Copper is joining the Official Monetary and Financial Institution Forum's new think tank to discuss how central banks are evaluating digital currencies
Central Bank of Saudi Arabia Transfers Funds to Local Banks Over Blockchain
8.6.2020
The Saudi Arabian Monetary Authority has transferred funds to local banks using blockchain technology
Chinese Bank Issues Commercial Paper Worth $16.9 Billion on Blockchain
8.6.2020
A Chinese commercial bank issued China’s first asset-backed commercial paper worth $16.93 billion on a blockchain
First Turkish-German Trade Finance Transaction on Distributed Ledger Technology
7.6.2020
Turkish İşbank and German Commerzbank completed the first blockchain-based trade finance transaction between the two countries
The Code Is Key: Solutions for Overcoming DeFi Security Breaches
6.6.2020
The DeFi sector can embrace a positive future by following comprehensive security audits and by ensuring best practice in due diligence and quality assurance
Fed Chair Jerome Powell Discusses Leveraging an Ethereum-Based Libor Replacement
5.6.2020
The Federal Reserve’s Chair, Jerome Powell has hinted at using an Ethereum-based interest reference rate in a transition from the London Interbank Offered Rate (Libor). Powell also detailed in a letter to Senator Tom Cotton (R-AR), that the Ethereum version of Libor, a software called...
New York, French Finance Watchdogs Open Doors for Each Other’s Fintech Startups
5.6.2020
The New York State Department of Financial Services and its French regulatory counterpart will work to "ease the entry" for fintech innovators into their respective markets
DeFi Platform Celsius Hits $1 Billion in Cryptocurrency Deposits
5.6.2020
Decentralized finance platform Celsius Network has crossed $1 billion in total cryptocurrency deposits
MakerDAO Weighs Accepting Real-World Assets as Crypto Loan Collateral
4.6.2020
Decentralized finance (DeFi) may soon boast a real-world use case as MakerDao considers accepting freight invoices as collateral for DAI loans
Japanese Finance Minister Shoots Down Plan to Cut Bitcoin Tax to 20%, Cites Crypto-Divide
4.6.2020
Japan’s finance minister Taro Aso says he is opposed to reducing tax on bitcoin income to 20%, on par with stock dividends, arguing that most Japanese households find it difficult to invest in digital assets. The development suggests that Japan will uphold its current definition...
Pomp Explains Why Mainstream Markets Are Up Amid Chaos
3.6.2020
Amid protests, rioting and general uncertainty, mainstream markets have posted positive numbers, seemingly contrasting the state of the U.S
Japanese Finance Minister May be Opposed to Lowering Tax on Crypto
2.6.2020
Taro Aso might not be willing to support legislation in Japan treating cryptocurrency-related income the same as that for stocks
US Turmoil and Negative Interest Rates – Billionaire Michael Novogratz Says ‘Watch Gold and Bitcoin’
2.6.2020
For the first time since October 2019, Federal Reserve Chair Jerome Powell admitted to leveraging quantitative easing (QE) tactics. Powell explained on Friday, the central bank is now comfortable with leveraging QE on a regular basis. Furthermore, the Fed is planning on utilizing negative interest...
For the Blockchain Industry, the COVID-19 Clock Is Ticking
31.5.2020
The crypto industry has the best historical moment to change the discourse about crypto and its reputation into a successful innovative tech sector
Conquering Decentralized Finance: Enter the Custodians
31.5.2020
As decentralized finance becomes a principal focus for both investors and companies alike, custodians will ease their entry, making DeFi the future of finance
South Korea to Start Taxing Bitcoin Profits in 2021
29.5.2020
South Korea will start taxing profits from bitcoin (BTC) and other cryptocurrencies next year, according to local media reports. The taxation will also apply to bitcoin mining operations and income from initial coin offerings, should it be approved by Parliament. South Korea’s Ministry...
Force Protocol Joins Hands With Chainlink to Power the Decentralized Finance
28.5.2020
The field of decentralized finance (DeFi) has been on the rise for quite some time. Now one of the main players in the field of decentralized finance, the Force Protocol has announced integration with the Chainlink – the partnership intended to tap into reliable data sources of token prices....
Bitcoin Suisse: Users Can Now Trade Gold Against Bitcoin and Ethereum
28.5.2020
Swiss crypto financial firm Bitcoin Suisse has added gold, silver, and platinum to its platform, allowing users to trade the precious metals against both bitcoin (BTC) and ether (ETH), as well as five other major fiat currencies. The precious metal trades are available for 24/7 trading with...
Bitcoin May Be the Solution to Africa’s Broken Financial System
27.5.2020
According to a recent report, Africa’s lack of traditional financial infrastructure makes the region fertile ground for cryptocurrency adoption