The head of Calibra — the wallet for Facebook’s Libra stablecoin — said that the network will have better money laundering standards than most other payment networks. Calibra CEO David Marcus recently claimed that the Anti-Money Laundering (AML) standards of Libra — Facebook’s proposed stablecoin project — will be better than other payments networks. Citing…
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Bakkt’s futures volumes skyrocketed last week, with the firm launching two ambitious new projects only days after. Each time Bitcoin (BTC) rallies past the all-important $10,000 mark, analysts seek to attribute the rise to major events occurring across the industry. The crypto sector is young, volatile and one major announcement can send ripples across the…
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Cryptocurrencies like Bitcoin are not real money, according to a statement published by the German federal parliament. Cryptocurrencies such as Bitcoin (BTC) are not real money, according to a statement published by the German federal parliament on Oct. 28. Not a payment vehicle, not a store of value Per the announcement, the assets offered by…
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Big four auditing firm Deloitte has integrated privacy tech developed by cryptography startup QEDIT into its qualification information blockchain platform Eduscrypt. Big four auditing firm Deloitte integrated the privacy developed by cryptography startup QEDIT into its qualification information blockchain platform Eduscrypt, a press release shared with Cointelegraph on Oct. 29 reveals. Per the release, the…
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Source: iStock/-lvinst- Russian major bank Sberbank has introduced a new low-cost, cross-border remittance solution that it believes will be able to compete with cryptocurrency for cross-border transactions. The bank, once the Russian financial sector’s fiercest advocate of cryptocurrencies, announced earlier this year that it was turning its back on cryptocurrencies, citing the lack of Read…
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Dr. Bruce Ng is an educator in the field of Distributed Ledger Technology (DLT) and has been a lead crypto-tech analyst for Weiss Cryptocurrency Ratings since shortly after their launch. _________________ While crypto markets are quiet, the crypto industry evolution and revolution continues. Most investors don’t see this. Pretty much all they watch are the…
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Justin Sun. Source: a video screenshot, Youtube/Tron Foundation Crypto Briefs is your daily bite-sized digest of cryptocurrency and blockchain-related news – keeping you up-to-date with under the radar crypto news from around the world. Adoption news The world’s largest smartphone maker, Samsung, has integrated Tron (TRX) support to its mobile wallet marketplace, the Samsung Blockchain…
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Peer-to-peer cryptocurrency trading platform Paxful has seen 2,800% more trades in South Africa this month compared to October 2018. Peer-to-Peer (P2P) cryptocurrency trading platform Paxful has seen 2,800% more trades in South Africa this month compared to October 2018. Demand for crypto sharply increases in S.A. Paxful announced the growth of its South African user…
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Recently, there was a downside correction in bitcoin price below the USD 9,500 support area. However, BTC/USD remained well supported above the USD 9,000 and USD 9,050 support levels. The price is currently (09:00 UTC) moving higher, but facing a few key hurdles near the USD 9,580 and USD 9,650 levels. On the other hand,…
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A top executive at private Swiss private banking Julius Baer says cryptocurrencies are still at the stage of a “Darwinian” process of selection. A top executive at private Swiss private banking Julius Baer says cryptocurrencies are still at the stage of a “Darwinian” process of selection. In an interview with Arabian Business on Oct. 29,…
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