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Coinbase Closes Earn.com One Year After $100M Acquisition
23.12.2019
Coinbase is shutting down the startup Earn.com which it acquired for an estimated $100 million last year. The email service allowed senders to pay users in digital currency for replying to commercial messages or completing tasks. Also Read: Coinbase Acquires Earn.com for an Estimated $100 Million...
Unlike Libra, Digital Yuan Will Not Need Currency Reserves To Support Value: PBOC Official
23.12.2019
PBOC wants to distinguish its own digital currency from rival private initiatives
Fidelity Digital Assets possibly adding ETH support
23.12.2019
CoinMarketCap Daily Newsletter Your daily newsletter for 16 December, 2019 “Peace begins with a smile.” - Mother Theresa In today's newsletter, we will be covering: Chinese courts using blockchain technology to settle cases Tether sponsoring new version of Bitcoin tokenization layer […]
The...
Regulatory Roundup: New US Crypto Bill, France’s 1st Approved ICO, Muslim Crypto
23.12.2019
In this roundup, we cover a wide range of regulatory developments in the crypto space. Much has transpired in the U.S., including a new crypto bill, SEC’s proposal, lawmakers seeking answers from the IRS, and the state of Michigan signing several crypto bills into law. We also cover...
Chinese Central Bank: Digital Yuan Is Not for Speculation
23.12.2019
Source: iStock/ma-no
The head of the People’s Bank of China (PBoC)’s digital currency research institute Mu Changchun has confirmed that a “digital form of the yuan” is on its way – but claimed that the digitized fiat would be “different from Bitcoin or stablecoins.”
The PBoC chief also stated that...
Lawmakers Want Answers From IRS, Citing Major Issues With Crypto Tax Guidance
23.12.2019
Eight lawmakers have sent a letter to the IRS seeking answers to new questions stemming from the latest crypto tax guidance. They pointed out a number of major issues including unwarranted tax liabilities for crypto users who unwillingly receive forked or airdropped coins. Also read: Regulatory...
PBOC Official: China’s Digital Yuan Won’t Be a Speculative Currency Like Bitcoin
23.12.2019
According to recent statements by People’s Bank of China (PBOC) official Mu Changchun, the country’s digital yuan is ready for trials. The central bank digital currency (CBDC) will decidedly not be a speculative asset like bitcoin or stablecoins, and will not need a currency basket...
Boerse Stuttgart and SBI Partner to Expand Crypto Services in Europe and Asia
22.12.2019
Germany’s second-largest stock exchange and a major financial services group in Japan have partnered to expand their crypto operations in Europe and Asia. Boerse Stuttgart recently launched its crypto trading platform while SBI has been expanding its crypto business operations for several...
The Digital Decade Signs Off with a Glimpse of the Future
22.12.2019
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Keld van Schreven is the Managing Director and Co-Founder of KR1 plc, the London listed cryptocurrency and blockchain investment company.
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Wow that was quick, here we are at the end of 2019! The year for crypto markets and blockchain technology has been slow and steady. Large capitalized...
Judge Rules Snowden Must Give Book Proceeds to US Government
21.12.2019
A U.S. district judge has ruled that former intelligence contractor Edward Snowden must turn over the proceeds of his new book to the U.S. government. According to the ruling, Snowden failed to obtain clearance for the materials and information used in his book. The same judge previously ruled...
Iran, Turkey, Malaysia Discuss Creating Unified Muslim Cryptocurrency
21.12.2019
At a summit attended by leaders of Muslim countries, including Malaysia, Turkey, Iran, Qatar, and Indonesia, the Iranian president proposed creating a Muslim cryptocurrency to cut reliance on the U.S. dollar. The Malaysian prime minister supports the idea of a unified cryptocurrency for Muslim...
A Decade of Quantitative Easing Has Paved the Way for the Age of Digital Currency
20.12.2019
Ten years of central bank quantitative easing have fostered big distortions in the global financial system, setting it up for a major architectural shift
Ripple Boss: 50% of World Top 20 Banks to Trade Digital Assets in 2020
20.12.2019
Brad Garlinghouse. Source: a video screenshot, Youtube, Ripple
Fiats will go digital in 2020, with 50% of the biggest global banks in the world set to work with digital assets, says Brad Garlinghouse, the CEO of Ripple.
Garlinghouse has predicted that half of the world’s top 20 biggest banks will...
SBI Partners With Stock Exchange Boerse Stuttgart to Drive Crypto Adoption
20.12.2019
Japanese financial services giant SBI plans to invest in two subsidiaries of Germany’s second-largest stock exchange Boerse Stuttgart Group
German Stock Exchange Plans International Digital Asset ‘Ecosystem’ Through New Partnership With SBI
20.12.2019
Boerse Stuttgart Group and Japanese financial giant SBI Group are teaming up on a joint initiative to build a digital assets '"ecosystem" in Asia and Europe
European Central Bank’s CBDC Borrows Bitcoin’s Pseudo-Anonymity
20.12.2019
On December 17, the European Central Bank (ECB) published a report that showcased its blockchain technology proof-of-concept. One particular feature the central bank digital chain holds is the ability to issue “anonymity vouchers.” Also read: Lagarde Sees Demand for Stablecoins, Plans...
Fidelity-Backed Startup Fireblocks Is Now Certified Secure by Ernst & Young
20.12.2019
Digital asset security firm Fireblocks has successfully completed a major examination carried out by Big Four auditing firm Ernst & Young
Travelbybit to Drop Bitcoin Payments After Viral Double Spend Video
20.12.2019
On December 18, Bitcoinbch.com published a video explaining how easy it is to double spend BTC transactions in the wild. Not long after the film was released, the payment processor Travelbybit announced it would be removing both BTC and BCH payments for over 400 Australian merchants. Unfortunately...
Crypto Experts Give Their Top Predictions for 2020
19.12.2019
In an industry built around digital scarcity, opinions are in plentiful supply. Everyone’s got one, and they’d love to share it with the rest of the cryptosphere. As the decade draws to a close and another prepares to launch, it’s the perfect time to consider what 2020 has...
Russian Opposition Leader Navalny Raises $700,000 in Crypto Donations
19.12.2019
Alexei Navalny, Russia’s leading critic of the current Kremlin administration, has attracted a serious amount of cryptocurrency in the form of anonymous donations for his corruption-combatting NGO. The digital coins collected since the beginning of this year have amounted to well over...