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DBS and Standard Chartered to launch blockchain platform to curb trade finance fraud
6.10.2020
DBS and Standard Chartered will soon launch a trade finance platform for central banks worldwide
Stablecoin Supply Doubles in 3 Months as Combined Market Cap Surpasses $20B
4.10.2020
2020 has been the year of stablecoins, as the token supply has doubled in the last three months. The aggregate market capitalization of 28 stablecoins captures over $20 billion on October 4, 2020. While tether still dominates the stablecoin ranks, USDC has been moving closer toward the top...
Venezuela’s State-Run ‘Defi’ Crypto Exchange Goes Live After Maduro’s Anti-Blockade Speech
3.10.2020
Decentralized finance (defi) is allegedly coming to Venezuela after a recent decree from Venezuelan President, Nicolás Maduro and the United Socialist Party of Venezuela. The government recently introduced a defi platform called BDVE that purportedly provides Venezuelan citizens with the means...
Cryptocurrency Exchange Operator Diginex Begins Trading on Nasdaq
2.10.2020
Cryptocurrency exchange operator Diginex has announced the start of its listing and trading on Nasdaq. Digital assets financial services company Diginex Limited announced on Thursday that it has completed a business transaction with 8i Enterprises Acquisition Corp., a Nasdaq-listed special purpose...
Venezuela To Start Using Cryptocurrency in Global Trade in Efforts To Fend off U.S. Sanctions
1.10.2020
Venezuela president Nicolas Maduro says the country is to start using cryptocurrency in both domestic and global trade, as part of efforts to neutralize crippling U.S. economic sanctions. Speaking in the country’s parliament on Sept. 29, Maduro revealed that the move will “give...
Maduro to Allow Use of ‘All Global Cryptos’ in International Trade Deals
1.10.2020
Nicolás Maduro. Venezuelan President Nicolás Maduro has spoken about a new bill that proposes to legalize the use of crypto in international trade deals – as a means of circumnavigating crippling economic sanctions placed upon the country by the USA and its international allies.
The Venezuelan...
Uniswap Captures $2 Billion Locked, Dex Volume Outpaces Second-Largest Centralized Exchange
30.9.2020
The decentralized exchange (dex) built on Ethereum, Uniswap has accumulated a whopping $2 billion in total value locked (TVL) this week. Tuesday’s data shows out of all the decentralized finance (defi) application’s Uniswap dominates the $11 billion landscape by over 18%. Just recently...
Bitcoin Pulls Backs from $10.9 to Trade Around $10.7k in 24 Hours
29.9.2020
Markets have been undoubtedly volatile over the past few weeks and the largest cryptocurrency by market capitalization—Bitcoin continues to consolidate below $11,000. Moreover, it was over the past 2 hours that the coin has crossed above $10.9k but has corrected downsides and currently trades...
Digital Commodity Exchange Act of 2020: US Lawmakers Propose Single National Crypto Framework
25.9.2020
Lawmakers in the U.S. have introduced the Digital Commodity Exchange Act of 2020 to create a single, national regulatory framework for cryptocurrency trading platforms, including those that trade bitcoin, ether, their forks, and other cryptocurrencies. On the same day, the Securities Clarity...
China's Ant Group launches cross-border trade platform to support SMEs
25.9.2020
Trusple platform promises to apply blockchain, AI and IoT technology to streamline cross-border trading processes for SMEs
Ant Launches Business Trade Blockchain in Run-Up to $35B IPO
25.9.2020
The launch of the cross-border trade blockchain comes as Ant stokes up enthusiasm for its public offering – set to be the largest on record
You can now trade on Uniswap without leaving Twitter
25.9.2020
Mask Network has launched a widget allowing Twitter users to trade on Uniswap without leaving the social platform
Fintech Firm Fasset to Launch Zero-Trade Fee Crypto Trading Platform for Countries in the Gulf Region
24.9.2020
Announced on Thursday, the Fasset Exchange (FEX) is open for private beta enrollment and is planning a public launch later this year
Cryptocurrency ETF by Nasdaq and Hashdex Approved to List on Bermuda Stock Exchange
24.9.2020
A cryptocurrency exchange-traded fund (ETF) by Nasdaq and Brazilian fund manager Hashdex has reportedly been approved to trade on the Bermuda Stock Exchange. Hashdex says the new cryptocurrency investment product tracks the Nasdaq Crypto Index. Hashdex Says ETF Will Track Nasdaq Crypto Index...
VIDYA’s Public Sale Marks the Dawn of a New Blockchain Gaming Era
23.9.2020
In 2017, the gaming world was revolutionized by the massive success of a simple blockchain game called CryptoKitties. It enabled players to breed and trade unique digital cats via a series of smart contracts on the Ethereum blockchain. That simple concept led to a game that now boasts millions...
Visa, Goldman Sachs and Mick Mulvaney join leading blockchain trade association
23.9.2020
Several leaders in banking, payments and politics are joining the Chamber of Digital Commerce, a major voice for the blockchain industry in Washington, D.C
CoinEx Lists ONES Token First and Launches Initial Trade Offering with OneSwap’s Official Launch
19.9.2020
OneSwap is a groundbreaking new DeFi project offering a decentralized exchange protocol on a smart contract, with permission-free token listing and automated market making. It offers multiple advantages over other swaps including the ability to preform limit orders and a user friendly interface...
Inflation Hit Ethiopia Demonetizes Currency To Curb Cash Hoarding
17.9.2020
The Ethiopian government has unveiled a new set of banknotes that are expected to help authorities in curbing cash hoarding, illegal trade and illicit financial flows. The move is also aimed at boosting the liquidity of banks that are struggling to cope with Ethiopia’s cash-based economy....
Major Asian bank issues credit on SCB-backed blockchain
16.9.2020
Blockchain is helping companies from Vietnam and Thailand settle trades more smoothly
Russia’s largest bank joins blockchain trade finance platform
15.9.2020
The Swiss arm of Russia’s largest bank is exploring blockchain-based trade finance