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Binance Research Presented a Report on CDBC Proposed Digital Ledger
29.8.2019
The market analysis and research arm of Binance, Binance Research, has presented a report on the CDBC (Chinese Central Bank Digital Currency), the proposed digital currency by the People’s Bank of China. Further, in the report, titled “First Look: China’s Central Bank Digital...
Blockchain And Its Advantages For Online Sites
29.8.2019
Blockchain technology is the talk of the town right now. Huge numbers of companies around the world are exploring the innovation to see how it can revolutionize the industry they do business in. For those that don’t know, a blockchain is essentially a database. The thing that makes it unique...
Crypto Can Boost Indian Economy – How Banning Will Hurt it
29.8.2019
The Indian economy is experiencing severe economic slowdown not seen in many years, and cryptocurrency can potentially help. However, the government is considering a draft bill to ban cryptocurrencies, which could have undesirable consequences on the economy. Meanwhile, the Indian crypto community...
Crypto Salaries Gain Regulatory Recognition Around the World
29.8.2019
Salaries paid in decentralized digital coins have become a norm across the crypto industry, but there’s really no reason why cryptocurrencies can’t be used for remuneration by businesses in other sectors as well. In many jurisdictions that should be legal even in the absence...
Chinese Media Denies Report of Upcoming State-Backed Digital Token
28.8.2019
The building of the Chinese central bank. The report that the Chinese central bank will launch its digital token in the coming months and seven institutions will be the first to receive it are based on “not reliable” sources, major Chinese news app Tencent News, owned by tech giant Tencent, said...
Binance Chain Acquires Support From Bithumb Global
28.8.2019
Bithumb Global, an innovative digital asset trading platform, has decided to extend support to Binance Chain. Hence, the projects that are running on Binance Chain will now obtain Bithumb Global support. The official announcement was made by Bithumb Global through their micro-blogging handle...
Telegram to Beat Facebook to the Punch With Gram Token October Launch
28.8.2019
Telegram’s digital currency coming by October, sources claim
Unconfirmed: Eight Institutions to Get China’s Digital Currency First
28.8.2019
China will reportedly give eight organizations including Alibaba the first crop of its digital currency
CoinFlex Obtains 10M Dollars in Funding for BTC Futures Settlements
27.8.2019
CoinFlex, the first physically delivered digital currency futures exchange in the world based in Hong Kong, has received a whopping ten million dollars via a funding round which concluded in the past week, as reported by the South China Morning Post on 26th August 2019. As per the reports,...
ASX Developing New Blockchain-Based Platform With Digital Asset and VMWare
27.8.2019
The ASX (Australian Securities Exchange) is developing a new blockchain-based platform in partnership with companies Digital Asset and VMWare. This new platform will replace ASX’s existing registry, clearing and settlement system called CHESS (Clearing House Electronic Subregister System) by 2021....
‘Not an Audit’: IRS Notice Could Spell Trouble for Crypto Traders
26.8.2019
The IRS took to Twitter on August, 26, posting a video about recently mailed CP2000 notices, of special interest to crypto traders. The notice, which seeks to rectify discrepancies made by recipients in tax reporting, is another in a series of crypto-related letters recently sent by the agency....
Australian Securities Exchange Building New Blockchain Platform With VMWare, Digital Asset
26.8.2019
ASX and Digital Asset have signed a three-party memorandum of understanding (MOU) to build a replacement platform for the existing Clearing House Electronic Subregister System (CHESS) using distributed ledger technology
Market Update: Economists Envision Global Recession While Crypto Prices Soldier On
26.8.2019
Last week cryptocurrency prices bounced around after a majority of coins dropped in value on August 21. Today on August 26, digital currency markets have gained around 1.52%, gathering $4 billion since the initial slump. Despite the volatility, cryptocurrencies have consolidated and a...
Swiss Crypto Banks Receive Licenses From Financial Regulator
26.8.2019
Two Swiss banks have received a banking and securities dealer licence from the Financial Market Supervisory Authority
India Facing ‘Unprecedented’ Economic Slowdown, Extraordinary Steps Urged
26.8.2019
Many signs indicate that the Indian economy is under grave stress, affecting nearly all sectors. “India’s economy is in a deep mess,” due to initiatives such as demonetization and GST, some lawmakers say, as they urge the government to handle the situation “which...
Governor of Bank of England Proposes a New Digital Currency
25.8.2019
In an important announcement which could possibly have a far-reaching impact on the cryptocurrency sphere, Mark Carney, governor of Bank of England has opined that reliance of the world on the US dollar as a primary Fiat currency is not a good indicator and could possibly spell trouble for...
Send Token Payouts With Ease Using Bitcoin.com’s SLP Dividend Calculator
25.8.2019
On August 23, Bitcoin.com released a new application called the SLP Dividend Calculator. The new platform allows users to build a transaction to make dividend payments to any Simple Ledger Protocol (SLP) token holder. Also read: How to Create Non-Fungible Assets and Collectible Tokens With Bitcoin...
US Lagging behind China’s Development of National Digital Currency, Circle CEO
24.8.2019
Jeremy Allaire, the Circle CEO, mentions that the U.S. is falling behind the development of China’s national digital money, which could change the manner in which western organizations conduct payments. Recently, the Circle CEO, Jeremy Allaire spoke to the Global Coin Research podcast this...
Doing What You Want With Your Money Is a Fundamental Right
24.8.2019
Since the birth of Bitcoin, crusaders fighting for the separation of money and state discovered a new payment tool that bypasses the nation state’s control over the monetary system. For over ten years now, lots of people have been using digital currencies to hide from prying eyes...
Circle CEO: China’s Digital Currency Could “Bypass Western Banking System”
24.8.2019
Circle CEO Jeremy Allaire said China is setting the pace in the development of a digital currency equivalent of its fiat currency, the renminbi