The Indian government will not be considering a crypto-related draft bill during the winter session of Parliament as was previously planned. The Indian government will not be considering a cryptocurrency-related draft bill during the winter session of Parliament as was previously planned. The draft bill entitled “Banning of Cryptocurrency & Regulation of Official Digital Currencies”…
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Source: iStock/Gil-Design The BRICS Business Council has discussed the possibility of creating a single ‘cryptocurrency’ to facilitate settlements between member countries, after Russia’s sovereign wealth fund put forward a proposal. The BRICS nations – Brazil, Russia, India, China and South Africa – met in Brazilia this week. The Russian Direct Investment Fund (RDIF) says it…
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Retail giants Carrefour and Nestlé are now using IBM’s Food Trust blockchain platform to track the supply chain of infant formula. Retail giants Carrefour and Nestlé are now using IBM’s Food Trust blockchain platform to track the supply chain of milk-based formula for infants, according to a Nov. 14 announcement. By using the platform, the…
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Japanese cryptocurrency enthusiasts are watching business developments with interest after Softbank, the financial group that owns over 48% of Yahoo Japan, admitted that it was in talks with the operator of the Line chat app over a potential merger. Line has recently launched its Bitmax cryptocurrency exchange in Japan, and operates exchanges and blockchain business…
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Ahead of its hard fork, Bitcoin Cash sees suspicious hashing power sources cause a ruckus. An upcoming planned hard fork in Bitcoin Cash (BCH) will impose relatively simple technical changes to its consensus mechanism that will not split the chain, despite some turbulent undercurrents in the coin’s community regarding issues which have recently become difficult…
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Source: iStock/bernie_photo Virtual asset service providers (VASPs) just launched the OpenVASP initiative that aims to solve one of the biggest regulatory challenges, known as the “travel rule.” As a reminder, the rule necessitates that VASPs share customer info with each other, so that one exchange can confirm, for example, that a customer on another platform…
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Fundstrat’s Tom Lee believes Bitcoin and other cryptocurrencies will hit major price valuations in the same manner that the tech behemoths did. Fundstrat’s Tom Lee believes Bitcoin (BTC) will accrue price value following a similar logic to the Silicon Valley tech titans. During an interview for CNBC’s Street Signs Asia on show on Nov. 15,…
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Changpeng Zhao, founder and CEO of crypto exchange Binance, says the Chinese President’s endorsement of blockchain will inevitably drive mass adoption of crypto. Changpeng Zhao, founder and CEO of crypto exchange Binance, says the Chinese President’s endorsement of blockchain will inevitably drive mass adoption of crypto. In an interview with Bloomberg Markets: Asia on Nov.…
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In a Cointelegraph BlockShow panel, the Blockstream CSO delivered a frank appraisal of the stablecoin space’s present and future. Stablecoin Tether (USDT) is clearly the preference among investors but will not see a retail use case, Samson Mow says. The Blockstream CSO, who was speaking at Cointelegraph’s ongoing BlockShow conference on Nov. 15, noted that…
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With 15,000 users, Pepo is a social media product that wants to engage the crypto community. During day two of BlockShow Asia 2019, Pepo founder and CEO Jason Goldberg hosted a keynote to present his new product. With 15,000 users and more than 45,000 peer-to-peer transactions to its credit, Pepo aims to change the way…
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