Institutional digital asset lending firm Genesis Capital added a staggering $870 million in new originations during Q3 2019. The institutional digital asset lending firm Genesis Capital released its Q3 report, which shows a growing demand for cash and stablecoin lending. On Oct. 30, Genesis Capital, a spin-off of over-the-counter cryptocurrency broker Genesis Global Trading, reported…
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The South Indian state of Tamil Nadu is reportedly working on a state-level policy for blockchain technology and artificial intelligence. The Indian state of Tamil Nadu is reportedly working on a state-level policy for blockchain technology and artificial intelligence (AI). On Oct. 31, local news outlet The Times of India reported that Tamil Nadu, the…
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Many cryptocurrencies are in a pullback which may be viewed as a buying opportunity. What are the critical levels to watch out for? The sentiment in the crypto markets had turned bullish on the news that Chinese President Xi Jinping has called for businesses and government bodies to support the development and adoption of blockchain…
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Canadian investment fund manager 3iQ got a green light from the Ontario Securities Commission to offer a publicly-traded Bitcoin fund. Canadian investment fund manager 3iQ will now be able to offer Canadian retail investors a regulated, publicly-traded Bitcoin (BTC) fund. Bitcoin fund available to retail investors by end of year In an Oct. 30 press…
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A look at the history of the mysterious firm Crypto Capital and its ties to Bitfinex as court cases brew. Over the past week, news broke detailing that Oz Yosef, an executive of the mysterious firm Crypto Capital, has been indicted by the United States for conspiracy to commit bank fraud and conspiracy to operate…
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Five European Union member countries are purportedly creating a unified front against the issuance of Facebook’s proposed Libra stablecoin. Five European Union member countries have reportedly teamed up to prevent the issuance of Facebook’s stablecoin Libra. Private meetings to turn EU against Libra Following a series of private meetings in October, France is reportedly leading…
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The Association of German Banks released a paper in which it says that the economy needs the digital euro. German banks have presented a position paper in which they make several arguments for the digital euro. On Oct. 30, in a paper released by the Association of German Banks (Bankenverband), which represents more than 200…
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United States Congressman Tom Emmer announced that he is introducing a new bill that can provide regulatory certainty for cryptocurrencies. United States Representative Tom Emmer (R-MN) intends to introduce new legislation to provide regulatory certainty for cryptocurrencies. On Oct. 24, Congressman Tom Emmer, who serves as the Ranking Member of the House Financial Services Committee’s…
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tZERO, Overstock’s blockchain subsidiary, said it will help tokenize at least USD 25 million of the value of Alliance Investments’ River Plaza, a 180-unit luxury residential development that is located in Manchester, UK. In a partnership announcement, tZERO said that River Plaza is “the UK’s first real estate-backed security token offering (STO)” Read more »Pay/Trade/Buy…
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The Chinese central bank has introduced a new system to certify 11 different types of fintech hardware and software pertaining to digital payments. China’s central bank, the People’s Bank of China (PBoC), will use a new system to certify 11 types of fintech hardware and software products relating to digital payments. On Oct. 29, the…
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