2019-12-4 13:02 |
Major Japanese bank MUFG has denied local media reports that it will launch a digital currency in 2020
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Japan's MUFG Bank and Recruit Holdings were said to be launching a digital currency as part of a new payments venture. MUFG has now put that claim in doubt.
2019-12-4 13:32 | |
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The South African Reserve Bank (SARB) is planning on new rules for the usage of digital assets, in a bid to stop illegal fund transfers. New Rules for Crypto Usage May Attempt to Limit Transfers According to local news reports, cited by BusinessReport, the new rules will be applied by the end of the first quarter in 2020.
2019-12-2 15:06 | |
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The International Monetary Fund (IMF) recommends that Georgia include the income from crypto trade and mining in its foreign trade balance reports. IMF Welcomes More Transparency on Crypto Mining The IMF’s suggestion is quite relevant, given that Georgia is currently the 4th largest producer of digital currencies from mining operations.
2019-11-30 21:34 | |
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Coinbase cryptocurrency exchange has denied reports that it acquired digital currency brokerage firm Tagomi for $150 million
2019-11-30 18:56 | |
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The International Digital Asset Exchange (IDAX) admitted the news that its CEO went missing, locking the exchange out of the cold storage wallets. Reports of Missing CEO Turned Out Real The IDAX exchange stated it went through maintenance, while Weibo.
2019-11-29 12:13 | |
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OKEx, the largest digital assets exchange platform has achieved yet another milestone with the CryptoCompare Exchange Benchmark report placing it among the top 10 cryptocurrency exchanges in the world, at number 6.
2019-11-25 12:41 | |
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Asian nations such as Thailand are wasting no time in preparing their economies for a future that involves crypto assets. China is full steam ahead on blockchain technology, and Thailand is making plans to open up further to the digital asset industry with amendments to existing regulations.
2019-11-25 09:09 | |
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Mu Changchun, the Deputy Director of the People’s Bank of China (PBoC) has taken to De Dao, a popular Chinese education app to enlighten the masses on cryptocurrencies, including Facebook’s Libra altcoin and China’s Digital Currency Electronic Payment (DCEP) system, reports Forkast on November 18, 2019.
2019-11-18 20:00 | |
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The PBoC (People’s Bank of China) was recently forced to release a statement indicating that its much anticipated digital asset was still in its testing stages. This news comes during a time when there are online reports insinuating that dates had already been set for the official launch of the stablecoin. DCEP or the Digital […]
2019-11-15 22:47 | |
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Despite having a longtime ban against cryptocurrency, the People’s Bank of China recently decided to research the use of digital currency for themselves. While there have been multiple news reports stating that the central bank has already issued digital currency, the PBoC has stated that the claims are “fraudulent.” Instead, the official statement from the […]
2019-11-14 23:14 | |
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The People’s Bank of China addresses rumors about its digital currency launching in Q1 2020. Speculations mount about the government-backed cryptocurrency. A few details are known about the upcoming digital renminbi.
2019-11-14 12:53 | |
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China has been making headlines ever since it was revealed that the country is working on its digital currency, with China also accelerating its work on blockchain technology. However, there have alsoThe post China's central bank dismisses reports of legal digital currency issuance appeared first on AMBCrypto.
2019-11-13 12:37 | |
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The Central Bank of Tunisia denies reports that it was developing an “e-dinar” digital currency
2019-11-13 18:33 | |
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Just days ago, reports emerged that Tunisia had become the first country to issue a central bank-backed digital currency, dubbed the ‘E-Dinar. ’ The cryptocurrency would reportedly be launched on an obscure blockchain known as Universa — which the CEO of Universa, Alexander Borodich, called ‘the world’s fastest blockchain.
2019-11-12 16:01 | |
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Asia-focused Payment Gateway, Omise announced that it will be offering PayNow to customers in Singapore reports Finance Magnates. Customers, namely small and medium-sized e-commerce businesses can expect this addition to take place sometime next month.
2019-11-12 01:38 | |
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Digital currency has been a topic of interest since the industry began, but the concept of implementing national versions of these currencies is becoming more and more appealing. Hong Kong and Thailand have expressed interest in establishing their own digital currency as well, controlled by their central banks. According to reports from The Block, we […]
2019-11-8 02:24 | |
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David Marcus, head of Facebook’s Libra project, doesn’t see Bitcoin as a form of currency, stating that it’s digital gold. Bitcoin Not a Medium of Exchange Marcus was speaking at the New York Times Deal Book Conference in the Big Apple yesterday when he made his remarks.
2019-11-7 13:30 | |
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Contrary to earlier reports, a source tells CoinDesk the EU isn't looking to issue its own digital currency in response to Libra.
2019-11-7 22:00 | |
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Turkey’s state-backed digital asset, the crypto lira or digital lira is scheduled for launch next year. The move has the potential to bring about a heightened interest in government-backed or other large-scale digital coin launches, by various other countries/corporations.
2019-11-6 14:36 | |
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Amidst reports suggesting that China is coming up with a government-backed digital yuan, many well-known crypto-proponents in the space have urged lawmakers to tokenize the U. S dollar. In the latest dThe post Coinbase officer's call for tokenized U.
2019-11-5 18:00 | |
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Global Digital Finance (GDF) and its efforts to try and create regulations for the digital currencies industry have started attracting additional supporters and members. Recent reports claim that apart from the likes of Circle, Coinbase, and ConsenSys, the GDF has received a new member, ShapeShift.
2019-11-1 17:51 | |
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Financial Conduct Authority (FCA) has awarded and Electronic Money Institution (EMI) certificate to crypto assets custodian, Koine, Financial Magnates reports. Koine announced on Thursday that it has secured a licence to issue electronic money from FCA.
2019-11-1 02:23 | |
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On Wednesday, October 30, 2019, the Association of German Banks (i.e. Bankenverband) released a paper making several arguments as to why a digital euro is necessary, reports Coin Telegraph. The paper, in the closest translation possible, dubbed, “Beyond Libra: Why Business Needs a Digital Euro,” gives up to 10 reasons why the idea might come […]
2019-10-31 20:42 | |
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Genesis Capital, the institutional lender for Bitcoin and other cryptocurrencies released Q3 reports, which highlighted a “strong, sustained growth in the lending business.” An official tweet from Genesis Global Trading made the information public after stating, “In Q3, they (Genesis Capital) added $870M in new originations, breaking the previous record of $746M set in the […] The post Genesis Capital reports $870 million in new originations for digital lending appeared first on AMBCrypto.
2019-10-31 21:30 | |
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According to some, the need for Bitcoin (BTC) and decentralized digital money was just validated as a financial institution in the U. S. has suddenly gone offline. Over the past hour, reports have flooded in from thousands of Twitter users, including an NBC reporter, regarding Bank of America’s services.
2019-10-30 07:06 | |
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There have been reports of some financial clients in Chile who are not able to pull back assets. The case for Bitcoin becomes transparent as the turmoil in the nation goes to another level. One of the contentions that act in favor of Bitcoin, and digital forms of money, is that they enable clients to […]
2019-10-23 20:04 | |
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OKEx, the leading digital asset exchange platform has taken a step forward to make things better for the entire cryptocurrency industry. According to reports, OKEx is in the process of putting together players in the crypto industry to create a Global Self-Regulated Organization (SRO) so that a standard set of practices and policies are put.
2019-10-23 09:00 | |
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According to multiple reports, Bitcoin. com, a cryptocurrency firm backed by Bitcoin Cash proponent, Roger Ver, acquired O3 Labs, a blockchain development startup. O3 Labs, which is based out of Tokyo, Japan, offers a virtual asset wallet along with the developer’s assistance via a digital application programming interface.
2019-10-21 12:54 | |
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Nadiem Makarim, co-founder and CEO of Indonesia’s first decacorn Gojek, is stepping down from his chief executive role to take up a cabinet post in the newly formed government led by Joko Widodo.
2019-10-21 11:41 | |
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Cryptocurrency exchange Poloniex published a blog post stating that they would be separating from parent company Circle, rebranding as Polo Digital Assets and ending support for US customers on the exchange.
2019-10-19 10:59 | |
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The Central Bank of Cambodia has recently announced that it plans to diminish the costs of cross-border transfers and payments by using a digital wallet based on a blockchain called Bakong, powered by the Hyperledger technology.
2019-10-19 00:05 | |
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The US Federal Reserve Governor Lael Brainard said yesterday that Facebook must overcome a “core of legal and regulatory challenges” before facilitating payments with its ‘cryptocurrency’ Libra.
2019-10-17 13:44 | |
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2019 marked the rise of another crypto-based experiment, as centralized financial institutions around the world started to contemplate the idea of a Central Bank Digital Currency [CBDC]. Bank of China was already ahead in this game, after announcing that their native CBDC was almost already, and in recent reports, Bank of Canada also entered the […] The post Ex-CFTC proposes blockchain-based dollar to save declining fiat appeared first on AMBCrypto.
2019-10-17 12:00 | |
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Bank of England Governor Mark Carney has thrown his weight behind Facebook’s global cryptocurrency project dubbed Libra. The has opined that blockchain-based virtual currencies have the power tix the challenges associated with traditional payments systems, reports The Star on October 15, 2019.
2019-10-17 01:00 | |
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CoinShares, a major European digital asset investment firm is leading a group of companies in introducing a gold-backed token known as DGLD in the Bitcoin blockchain network, Cointelegraph reports. CoinShares has teamed up with Blockchain, a key crypto wallet services provider and MKS (Switzerland) SA which is part of MKS Pamp Group to launch the […]
2019-10-15 20:12 | |
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Grayscale Investments recently made headlines for becoming the first firm to get FINRA’s approval on its Digital Large Cap Fund (DLC) offering. Providing deeper insights into the company’s workflow, Grayscale released its latest Q3 2019 report through a tweet, which read, “Our Q3 2019 Grayscale Digital Asset Investment Report highlights investment activity and performance across […] The post Grayscale reports tripled inflows; offshore institutional investors in majority appeared first on AMBCrypto.
2019-10-15 18:39 | |
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Swiss National Bank (SNB), Switzerland’s central bank, together with Bank for International Settlements (BIS) are jointly exploring on how a central bank digital currency (CBDC) can be used to trade tokenized assets, the Block reports.
2019-10-10 22:20 | |
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Verisart, a firm that claims to be focused on building robust blockchain-based evidentiary infrastructures for artworks and collectibles has raised $2. 5 million in a funding round led by Galaxy Digital EOS VC Fund, reports TechCrunch.
2019-10-5 17:00 | |
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Last spring and the beginning of summer 2019 saw digital asset markets spike considerably in value, and many speculators assumed the rise was due to institutional investors. However, BTC and a variety of other popular digital asset prices started plummeting in August.
2019-10-5 05:32 | |
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Coinbase, a leading crypto-based company offering exchange and digital wallet services in the US has come out to answer concerns regarding its newly established Crypto Ratings Council. The company’s Chief Legal Officer, Brian Brook, responded to questions that the new service could be marred with conflicts of interest, The Block reports. In an interview with […]
2019-10-3 19:43 | |
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Voyager Digital Canada Ltd. , a cryptoasset broker that claims to offer users commission-free investments, has completed the acquisition of some assets of Ethos, a people-powered distributed ledger technology (DLT) platform, and cryptocurrency wallet.
2019-10-2 12:30 | |
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Despite reports last month that China was readying itself to deploy its own government digital currency, it now seems the country is not so surefooted regarding the asset’s roll out. In a press conference in Beijing yesterday, The People’s Bank of China’s (PBoC) governor Yi Gang said that there is “no timetable” for the launch of its new digital currency, South China Morning Post reports.
2019-9-25 16:30 | |
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Chinese officials have confirmed that they have no timetable in place for the launch of their central bank digital currency (CBDC). This comes just weeks after a formal announcement by the PBoC that a launch is being scheduled by year-end.
2019-9-25 17:00 | |
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Review Revise Renew (RRR) Pte Ltd, a Singapore-based firm has announced plans to develop a distributed ledger technology (DLT) based solution that will permanently solve the problem of fake degrees and enable firms to hire the most qualified candidate, reports Digital Journal on September 23, 2019.
2019-9-24 15:00 | |
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Infosys, an Indian corporation that provides banks with universal digital banking solutions, has partnered with financial institutions across 19 countries to trial R3’s distributed ledger technology (DLT) based solution for trade finance, reports livemint, September 23, 2019.
2019-9-24 23:00 | |
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China's central bank has played down reports that it will issue its digital yuan in November through major banks and companies.
2019-9-23 15:20 | |
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Wells Fargo, a Fortune 500 company providing financial services, has been the latest institution to express potential interest in blockchain and cryptocurrencies. As announced earlier, the organization revealed its plans to test an internal settlement service, Well Fargo Digital Cash, which would operate on its own Distributer Ledger.
2019-9-21 00:30 | |
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According to Chile’s Central Bank Governor, Mario Marcel, digital currencies issued by the central banks are beneficial and can run outside of the blockchain technology, the Block reports. The governor was speaking during the OECD's Global Blockchain Policy Forum that was held last week.
2019-9-20 22:59 | |
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North Korea is hatching plans to develop its own cryptocurrency. Though the project is in its early stages, the digital currency is being designed to function like bitcoin and other cryptocurrencies and would enable the nation to circumvent crippling international sanctions, reports VICE on September 18, 2019.
2019-9-20 19:00 | |
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The high-speed blockchain-based payment network recently launched its first service to connect payment service providers. GO-NET Payment Network is Now Live According to a report by Ledger Insights published on April 7, GO-NET – a blockchain-enabled payment network set up as a joint venture between Japan-based MUFG and tech partner Akamai – is now live.Read More
Blockchain adoption in Japan is set to take a major step as one of the major banks in the nation, Mitsubishi UFJ Financial Group (MUFG) is set to launch its high-speed payment network by 2021. Payment Network To Process 100,000tps MUFG is set to partner with US-based tech firm Akamai to develop this payment networkRead MoreRead More.
A new trade management platform in Japan prevents data tampering using blockchain technology.
The metals and minerals subsidiary of Mitsubishi has launched a blockchain platform to digitize metal trades.
Coinspeaker BNP Paribas Joins IBM Cloud for Financial ServicesBNP Paribas has committed to joining the IBM Cloud for Financial Services as its anchor client in Europe. It is the first step in creating an ecosystem for the platform on the European continent.
MUFG has given up on launching a standalone cryptocurrency and will instead use the digital currency developed in a mobile payments service. The post Japan’s Biggest Bank Pivots ‘MUFG Coin’ After Digital Currency Flop appeared first on CCN.com