A South Korean financial expert says that China’s forthcoming digital yuan will be used in cross-border trading – possibly replacing the United States dollar in many international deals – and has been sped up as a response to Facebook’s Libra project. Per Maeil Kyungjae, Kim Jong-han, a senior researcher at the Korea Institute of Finance,…
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Source: iStock/~UserGI15632523 Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by cryptocurrency exchanges that we found last week and today. Have we missed something? Do you have information about new listings and/or delistings? Let us know here. _________________________________________ Bibox Listings: NEST Protocol (NEST) Binance Added Read more »Pay, Trade,…
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Despite an ongoing campaign from Tron (TRX) founder Justin Sun to hype an upcoming upgrade of his blockchain platform, TRX failed at gaining traction on Saturday, and continued trading largely in line with the broader crypto market over the weekend. At pixel time (11:51 UTC), TRX, ranked 18th by market capitalization on coinpaprika.com, trades at…
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“No country has more to lose” than the United States as central bank digital currencies (CBDCs) begin to roll out, claims US-based investment banking giant JPMorgan – which suggests that a “modest” digital fiat investment could potentially help safeguard dollar dominance for years to come. Per Bloomberg, JPMorgan claims that the United States is currently…
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While pump and dump groups can’t manipulate prices of bitcoin (BTC) or other major cryptoassets, investors in small altcoins have a way to avoid such traps, according to a new research. “The fundamental idea is to leverage the abnormal growth of so-called market buy orders, buy orders that are used when the investor wants to…
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A ruling made by a Tokyo District Court – and unearthed by the CEO of Japanese crypto exchange bitFlyer – appears to suggest that exchanges are not legally obliged to transfer any cryptoassets generated by hard forks to their customers. Per a series of tweets from bitFlyer CEO Yuzo Kano, a Tokyo court recently made…
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Experts in China and South Korea believe that China’s digital yuan will likely be interoperable with e-pay solutions like WeChat Pay and the Alibaba-operated AliPay, as well as a number of digital platforms used by major banks. The People’s Bank of China (PBoC), the Middle Kingdom’s central bank, has remained relatively tight-lipped on the matter…
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Despite Bitoin’s (BTC) recent halving on May 11 diverting some of the attention, other major cryptoassets have also seen strong performance in the days following the event, with early signs now indicating that the bullishness in BTC may be spreading to the broader crypto market. Following the halving, most of the top 10 cryptoassets in…
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Celo, a blockchain project that has been deemed as a competitor to Facebook’s Libra project, says its mainnet is now live, following almost three years’ worth of development. The project’s operators stated that the mainnet’s Celo Gold (cGLD) stablecoin was now available for transfer after work was completed by a group of what they called…
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Alfred Kelly. Source: a video screenshot, Youtube, Business Live ME Payments giant Visa has suggested that its foray into digital currencies is not over, and – although it is still distancing itself from cryptocurrencies – has admitted that it is open to the idea of returning to Facebook’s Libra project. In a virtual conference with…
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