Source: iStock/orinoco-art Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Adoption news A central bank group will assess potential cases for central bank digital currencies (CBDC). The Bank of Canada, the Bank of England, the Bank of Japan, the…
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Looking into the new decade, it seems that token sales might decline in importance for crypto projects and that in their place traditional investment and venture capital will become more significant. “We have already seen a shift in the space from initial coin offerings (ICOs) and token sales to equity,” Carlos Domingo, the co-founder and…
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The world of mainstream finance may fall behind without technological innovation, according to multiple experts’ comments at the Davos WEF. If mainstream finance does not adopt new technologies, such as those seen in blockchain and crypto, they will fall behind, according to a few experts’ comments at the World Economic Forum (WEF) in Davos Switzerland. …
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The Australian Prudential Regulation Authority has proposed a regulatory framework that would have it oversee digital wallets, including Calibra. The Australian Prudential Regulation Authority (APRA) is seeking to oversee stablecoin projects like Facebook’s controversial stablecoin Libra. In an official proposal to the Senate published on Jan. 20, APRA submitted a possible regulatory framework dedicated to…
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A report from South Korea claims that bankers in the country are concerned about the rise of an unexpected crypto threat – American coffee shop chain Starbucks. Per the Korea Times, banking professionals have theories about the company’s digitization plans, and worry that they will fall behind when the coffee company flexes its crypto muscles.…
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A crypto advocacy group, the Chamber of Digital Commerce, provided its arguments on how a U.S. court should consider digital assets. The Chamber of Digital Commerce has filed an amicus brief in the ongoing court case between encrypted messenger service Telegram and the United States Securities Exchange Commission (SEC). Filed on Jan. 21, the document…
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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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