The Indian government is working on a national blockchain strategy in order to spur further adoption of the technology in the country. The Indian government is working on a national blockchain strategy in order to expand the technology’s adoption in the country. As the India Times reported on Nov. 27, India’s Ministry of Electronics and…
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A former executive of investment bank UBS, Claude Waelchli, has established a United States-based digital securities issuance platform dubbed Tokenyz. A former executive of investment bank UBS has established a United States-based digital securities platform. According to a press release on Nov. 27, Claude Waelchli — who served over 12 years at UBS in various…
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Source: iStock/Bicho_raro An Indonesian cryptocurrency exchange platform named Tokocrypto says it has become the first platform to officially register with the country’s financial regulator, the Commodity Futures Trading Regulatory Agency (known locally as Bappebti). Recently introduced legislation means crypto exchanges in the country must first register with Bappebti for permission to operate Read more »Pay/Trade/Buy…
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Looking into the crypto-related issues, Vitalik Buterin, co-founder of Ethereum, finds that a “significant progress” is seen in the last five years across the board, though some issues have been tackled with more success than the others. Buterin took to his website to list sixteen main technical problems plaguing crypto, which he first described in…
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The Federal Council of Switzerland has called for the improvement of regulatory conditions for blockchain and distributed ledger technology in the country. The Federal Council of Switzerland — the country’s executive governing body — has called for a better regulatory framework for blockchain and distributed ledger technology (DLT) in the country. According to an official…
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Ghana is exploring a central bank digital currency “with the possibility of issuing” an e-cedi in the near future. The Republic of Ghana is exploring the benefits of issuing a central bank digital currency (CBDC), the governor of the country’s central bank says. Ernest Addison, a Ghanaian economist currently serving as the governor of the…
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News that South Korean exchange Upbit had lost control of 342,000 ETH appeared to send shockwaves through Bitcoin markets, which lost $7,000 support. Bitcoin (BTC) fell below $7,000 once again on Nov. 27 as fresh selling pressure suddenly impacted already fragile markets. Cryptocurrency market daily overview. Source: Coin360 Likely exchange hack rocks BTC price Data…
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Stablecoins have the potential to temper the systemic threats posed by USD domination of global foreign currency reserves, analysts have argued in a new piece for the WEF. Stablecoins have the potential to temper the systemic threats posed by the United States dollar’s domination of global foreign currency reserves, according to an opinion piece published…
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Japanese financial giant SBI Holdings has entered another crypto business by investing in major U.S. based security token platform Securitize. SBI “strongly believes in the future of digital securities,” SBI Holdings CEO Yoshitaka Kitao was quoted as saying in a statement. “Japan’s economic strength, digital society, and advanced regulatory Read more »Pay/Trade/Buy Bitcoin with Credit…
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Yesterday, there was a recovery wave in bitcoin price above the USD 7,000 resistance area. BTC/USD climbed above USD 7,200, but it struggled to break an important resistance near USD 7,350. At pixel time (09:43 UTC) it already trades below USD 7,000. Similarly, there was an upside correction in major altcoins, including ethereum, XRP, bitcoin…
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