The OCC will allow banks to use public blockchain and stablecoin networks

2021-1-6 14:01

The Office of the Comptroller of the Currency has announced that U.S. national banks can participate in node verification networks and use stablecoins to conduct payment activities

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OCC allows national banks to operate nodes and stablecoin networks

The Treasury’s Office of the Comptroller of the Currency (OCC) has greenlighted federally chartered banks to run nodes and use stablecoins for payments and other acceptable functions. The agency published a letter on January 4, noting that national banks or federal savings associates may validate, store, and record payment transactions by working as a node on independent node verification networks (INVNs).

2021-1-5 14:42


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Qtum (QTUM) Pumps 10% After Firm Announces a Pivot to DeFi

Blockchain platform Qtum has announced a bumper $1M fund to spur third-party developers to create DeFi applications on Quantum Chain, as per a release on August 17. “Similar to Ethereum” The release stated Qtum’s architecture overlaps with Ethereum significantly; both networks use the EVM and Solidity programming language, making it easy for devs to jumpRead MoreRead More.

2020-8-19 20:00


“Larger Consumer Tipping Point is Coming,” Ripple’s VP of EU on XRP’s Use as a Bridge in Cross-Border Payments

Huge opportunity to capture the unbanked and underbanked, Jeremy Light XRP as a bridge currency will be a game changer RippleNet is now active in more than 40 countries across 6 continents — from Asia, Africa, North America, South America to Europe — reports international Association of Money Transfers Networks (IAMTN). A non profit organization, […]

2019-8-29 20:03


Cardano Foundation partners with Berlin-based blockchain venture to accelerate ‘real-world business use-cases’

The use of blockchain technology has spread over several industries across the world today, use accelerated by several organizations that operate on networks built on blockchain. In a recent development, the Cardano Foundation has collaborated with the Berlin-based blockchain venture, Konfidio, intending to stimulate the use of blockchain models in corporations, small and medium enterprises, […] The post Cardano Foundation partners with Berlin-based blockchain venture to accelerate ‘real-world business use-cases’ appeared first on AMBCrypto.

2019-8-15 20:30


Decentralized social media - the good, the bad - and the potentially ugly

With growing concerns about a perceived censorship bias on social media platforms such as Facebook, YouTube, and Twitter, the demand for censorship-resistant social media networks is on the rise. A number of blockchain startups aim to use a decentralized model to preserve free speech in the digital age. But can a fully decentralized social media platform work?

2019-6-24 23:00


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Binance CEO Changpeng Zhao Urges Cryptocurrency Traders to Use VPN

Changpeng Zhao (CZ), the CEO of Binance, is advising cryptocurrency traders to use virtual private networks (VPNs) to circumvent country-specific blockades while trading. CZ’s comments come amid a recent pop-up on the Binance website that some commentators incorrectly ascribed to the platform geoblocking traders from specific countries including the U.

2019-6-4 11:00


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Inside North Korea’s evil masterplan to siphon Southeast Asia’s cryptocurrency

North Korea might be posturing to attack Southeast Area’s growing cryptocurrency sector, and experts say it demands international response to reduce the threat. British defense think-tank Royal United Services Institute (RUSI) has warned countries like Singapore, Thailand, Malaysia, and Vietnam could soon become targets of state-sponsored hackers intent on skirting international economic sanctions, CNBC reports.

2019-4-15 12:56


(+) Bitcoin VPN: Opera Browser Is Quietly Assaulting A Key Crypto-Accepting Industry

People use virtual private networks for a variety of reasons, privacy chief among them. A virtual private network is a good way to mask your location to websites you visit. For people in countries where governments censor content and content providers – including companies like Google and Facebook – must comply with their demands, a VPN is essential to experience the actual internet.

2019-3-20 01:45