The deployment of blockchain technology can save the United Arab Emirates more than $3 billion, new research shows. The deployment of blockchain technology can save the United Arab Emirates (UAE) more than $3 billion, according to new findings. The findings were revealed in a white paper entitled “Inclusive Deployment of Blockchain: Case Studies and Learning…
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Bitwise Asset Management retracted its long-standing Bitcoin ETF proposal after an earlier rejection by the SEC was reevaluated, following similar actions by VanEck. A Jan. 14 form with the United States Securities and Exchange Commission (SEC) confirms that Bitwise Asset Management requested the withdrawal of its application for a Bitcoin (BTC) Exchange Traded Fund (ETF).…
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Catalonia has emerged as one of the regions most interested in adopting blockchain in its administration. Cointelegraph speaks to the man behind the push, Daniel Marco. Several years ago, a blockchain strategy for Catalonia was revealed to the world, presenting a comprehensive outline of how a government — albeit a local one — can in…
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The president of Venezuela, Nicolas Maduro, has announced that the state-owned PDVSA oil firm will sell 4.5 million barrels of oil for Petros. Venezuela will soon sell oil from reserves of a state-run oil and gas company for its national oil-pegged cryptocurrency, the Petro (PTR). Venezuelan President Nicolas Maduro has signed a decree to sell…
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The Texas State Securities Board has included cryptocurrencies in its list of top threats to investors, according to the latest Texas Investor Guide. Texas regulators have included cryptocurrencies in their list of top threats to investors, according to the latest Texas Investor Guide. In its tenth anniversary edition of the State Securities Board’s “Texas Investor…
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Legal counsel for one of several active class-action lawsuits against iFinex for allegedly manipulating BTC’s price has filed to lead the entire class and proceedings. One legal team looks to lead the three ongoing suits against IFinex alleging that illegal conduct involving iFinex’s subsidiaries Tether and Bitfinex was behind Bitcoin’s (BTC) 2017 bull run. Per…
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Per today’s filings, Telegram will provide the requested bank records that the SEC believes will be evidence of rule-breaking in its $1.7 billion offering of Gram tokens. Telegram will release bank records that the United States Securities Exchange Commission believes will prove misconduct in the latter’s $1.7 billion offering of Gram tokens. International privacy laws…
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Prices moved up and back down, yet the talent kept coming to work: Let’s take a look at a list of individuals who abandoned legacy industries and ventured into blockchain in 2019. Prominent figures from a range of long-established companies found greener pastures in the blockchain realm in 2019. From BlackRock to Goldman Sachs, and…
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The U.S. Treasury Department has almost completed tests of a blockchain-based grants payment capability. The United States Treasury Department has almost completed tests of a blockchain-based grants payment capability as part of the exploration of how the tech can improve such operations. As the Business of Federal Technology reported on Jan. 10, the Treasury Department…
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The central bank of China has completed the top-layer design and joint testing of its soon-to-be-released central bank digital currency. The central bank of China has completed the top-layer design and joint testing of its soon-to-be-released central bank digital currency (CBDC). As domestic news outlet Sina reported on Jan. 10, People’s Bank of China (PBoC)…
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