Jin Keyu, Professor of Economics, London School of Economics and Political Science, United Kingdom, speaking in the Shaping the Future of Financial and Monetary Systems session at the World Economic Forum. Digital finance, cryptocurrencies and blockchain technology-powered economics are sweeping through markets in the developing world unchallenged, say Read more »Pay, Trade, Buy Bitcoin with…
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The beer conglomerate behind the Budweiser brand is using blockchain to ensure local suppliers in Africa are able to report their income and open bank accounts. AB InBev, the company behind the Budweiser brand, is helping local African farmers to prove their income using blockchain, Yahoo Finance reports on Jan. 21. A blockchain-based system developed…
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Recently, bitcoin price corrected lower below USD 9,000 and USD 8,850. However, BTC/USD found a strong buying interest near the USD 8,550 support area. The price is currently (09:00 UTC) consolidating and it could climb higher once there is a clear break above USD 8,720 and USD 8,780. Similarly, most major altcoins are consolidating above…
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As the FCA looks to shake things up under their new AML regime, how will the U.K. and the global cryptocurrency industry react? The Financial Conduct Authority (FCA) is now the United Kingdom’s sole Anti-Money Laundering (AML) authority for the crypto business. After a decade of compliance under a laissez-faire approach to AML legislation, U.K.-based…
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Six major central banks and the Bank for International Settlements jointly created a digital currency research group. The central banks of Canada, the United Kingdom, Japan, European Union, Sweden and Switzerland created a group with the Bank for International Settlements (BIS) to jointly research central bank digital currencies (CBDC). According to a press release published…
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Yesterday we shared a blockchain/technology-centered events guide of Davos, with a myriad of crypto and blockchain-related discussions, even an award ceremony. Now, we’ll look into the main program at Word Economic Forum (WEF) that started today. The program listed on WEF’s main site is grouped into seven key areas to be discussed during these four…
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Source: iStock/tanew_pix Cardano (ADA) surged more than 8% over the past 24 hours (as of 11:00 UTC) following positive announcements. First, the token got the attention of many traders after a press release was sent out by Emurgo, the venture arm of Cardano. It said that Emurgo is setting up a “strategic task force” with…
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The crypto world is worried about the rapid advancements in quantum computing. Are blockchain projects ready to face the quantum threat? Will Bitcoin have to update its infrastructure to become quantum resistant? While quantum computers are not a threat to Bitcoin at the moment, the oldest cryptocurrency might need an upgrade in the future. Bitcoin…
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A Canadian teenager has been charged with participating in a crime ring that stole over $50 million in cryptocurrencies, targeting Consensus 2018 attendees. An eighteen-year-old from Montreal is facing four criminal charges connected to a $50 million SIM-swapping scam targeting cryptocurrency holders, Infosecurity Magazine reported on Jan. 17. The hacker, Samy Bensaci, is accused by…
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The Cardano blockchain’s commercial arm, Emurgo, has partnered with the government of Uzbekistan to form a blockchain task force. The Cardano blockchain’s commercial arm, Emurgo, has partnered with the government of Uzbekistan to form a blockchain task force to develop regulations for security token offerings (STOs) and exchanges (STXs). In a Jan. 20 press release,…
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