The Switzerland-based branch of a major Russian bank has also joined OpenVASP. Gazprombank Switzerland, a subsidiary of one of the largest banks in Russia, has piloted its Bitcoin (BTC) transaction service following regulatory approval by Swiss regulators. According to a Nov. 19 announcement, Gazprombank will provide its new cryptocurrency solution in collaboration with its long-running…
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MPC is a regulated, fee-centric model that is almost an exact replica of today’s banking system. Every once in a while, the crypto community crowns a new king for secure transactions, and the latest king seems to be multiparty computation, or MPC. This year, MPC adoption by custodial and noncustodial players has progressed and gained…
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Experts in blockchain technology and crypto take on the question: What impact has the COVID-19 outbreak had on the industry? Who could have imagined a year ago how different our lives would be in just 12 months? Without any doubt, last November will remain a significant point in humanity’s history — the time when it…
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A second Bretton Woods era will be even more centralized and even further from a true democracy. Barely 100 years ago at the start of the 20th century, people were able to exchange dollars for gold at their local bank. While gold was too hard to trade between people, banking institutions held gold and gave…
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The concept of decentralization isn’t being given the respect it deserves — and change is needed. Decentralization: It’s a word that holds so much power and promise. But over the years, it’s become painfully clear that this concept isn’t being given the respect it deserves — and the consequences can be downright dangerous. We live…
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While there is an unclear future for digital currency development under Joe Biden’s presidency, China is leading the race. The world is engaging in financial warfare, and China is winning. China’s digital yuan — also referred to as Digital Currency Electronic Payment, or DCEP — will soon be used around the world. The People’s Bank…
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Bitcoin price is chasing after $19,000 but crypto exchanges’ long-to-short ratio shows top traders exercising caution at these levels. This week Bitcoin (BTC) price rallied to a new 3 year high at $18,965, leading investors to believe a new all-time high above $20,000 is on the cards. While these are exciting times, data does show…
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It is Bitcoin’s technical characteristics that make it an ideal, diversified corporate treasury holding. Holding Bitcoin (BTC) in treasury will soon become a corporate standard. Wall Street firm MicroStrategy recently made headlines when it decided to allocate a large portion of its treasury to Bitcoin, buying over 21,000 BTC in August and almost 17,000 more…
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Bitcoin price is back on the path to a new all-time high, and it seems altcoins intend to follow suit. Bitcoin’s (BTC) current rally has largely been led by investments from institutional investors and publicly listed companies. Data from Bitcointreasuries shows that companies hold about 4.54% of the current Bitcoin supply. A survey of 700…
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What are the main advantages that crypto can offer when making cross-border payments, and what are the main challenges for consumers? How can you easily, securely store and exchange cryptocurrencies? By using a platform that has a carefully cultivated reputation for keeping digital assets safe. Crypto platforms are emerging that aim to make cross-border payments…
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