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A Panel of Experts See Bitcoin Averaging $12,948 by Year End
14.7.2020
A panel of experts is predicting the price of bitcoin will rise to $10,337 by September before adding a further $2,611 to end the year at $12,948. The findings are drawn from a Finder Cryptocurrency Predictions Report for July 2020 and the latest figure is roughly $2,500 less than the price...
World Bank Investigates Smart Contracts as Financial Tools, With Mixed Results
13.7.2020
The World Bank has looked at the benefits of smart contracts and found the blockchain instruments to be a "limited" financial tool
We May Expect a Bitcoin Rally If Coronavirus Breaks Into a Second Wave
12.7.2020
Understanding the impact of the COVID-19 pandemic on cryptocurrency and blockchain-based asset markets: negligible or significant?
Crypto Winter Could Really Be Over as New Bitcoin Starts to Bloom
12.7.2020
Although the cryptocurrency industry still has many needed improvements, it nevertheless seems to be on an upward trajectory
OCC Seeking to Remove Structural Barriers to Financial Inclusion
11.7.2020
The OCC launched a project to identify ways to improve financial inclusion and remove barriers to credit access
On the Importance of Not Losing — A Guide to Compound Interest
11.7.2020
Finding a high-performance asset without insight is challenging, but systematically controlling losses is what is really needed to succeed
The United States Has to Upgrade the Legacy Financial System
10.7.2020
Slow-roll regulations in the United States may leave Americans behind in the financial innovations’ running
Dogecoin Margin Trading and Saving Accounts Now on OKEx
9.7.2020
The announcement follows a Dogecoin marketing campaign that caused the coin’s price to surge 124% in two days
China’s Giant Ride-Hailing Service Didi to Pilot the Central Bank’s Digital Yuan
9.7.2020
The Chinese government and the country’s central bank, the People’s Bank of China (PBoC), are currently in the midst of testing a digital yuan or central bank digital currency (CBDC). Now the Chinese ride-hailing corporation Didi Chuxing will be trialing the newly developed digital yuan...
London Stock Exchange Parent Assigns Financial ‘Bar Codes’ to 169 Cryptos
9.7.2020
The addition of bitcoin and its ilk to LSEG's database, in response to customer demand, is a sign that institutions are slowly embracing the asset class
Tata Consultancy Launches Crypto Trading Solution for India’s Financial Firms
8.7.2020
India's crypto renaissance continues, with Tata Consultancy unveiling a solution allowing banks and financial institutions to offer digital asset trading
Global Shipping Giant Cosco to Trial Alibaba’s Ant Blockchain
8.7.2020
Ant Financial claims its enterprise blockchain can handle a billion transaction a day and save costs in global shipping
New Head of Japan’s Financial Services Agency is Crypto-Friendly
8.7.2020
The Japanese government will appoint Ryozo Himino as the next commissioner of Japan's Financial Services Agency
Crypto Facilities Gets FCA Nod to Set up Crypto Futures Venue
8.7.2020
Crypto Facilities, a subsidiary of Kraken cryptocurrency exchange, has obtained a Multilateral Trading Facility (MTF) license from the UK’s Financial Conduct Authority (FCA). An MTF is a European regulatory term for a self-regulated financial trading venue. MTFs are an alternative to...
Escalating Bank Runs Spur Chinese Government to Require Approval for Large Cash Transactions
7.7.2020
A series of bank runs has prompted the Chinese government to begin requiring approval for large cash deposits and withdrawals at commercial banks, starting with banks in a northern province. Recently, two bank runs happened within a week as people lost faith in financial institutions amid...
European Blockchain Ecosystem Needs €350 Million for the Next 18 Months
7.7.2020
A study report by Leadblock Partners, an appointed representative of Sapia Partners LLP, finds an accelerating growth of the European blockchain ecosystem. The findings of the Leadblock Partners study suggest European respondents have a funding need for €350 million for the next 18 months....
Kraken-Owned Crypto Facilities Wins UK License to Offer Derivatives Trading
6.7.2020
The subsidiary of cryptocurrency exchange Kraken has obtained a U.K. license allowing it to operate its derivatives platform in the EU
IOHK Invests Six-Figure Sum into Crypto Asset Manager Wave Financial
6.7.2020
Charles Hoskinson, IOHK's CEO, will become an advisor to Wave Financial as part of the deal
Bitcoin Lacks Traction Yet Powers “Financial Freedom”
6.7.2020
Bitcoin has always been renowned as “freedom,” when it comes to deriving a one-word reply to the question— “What is Bitcoin?” Bitcoin gives freedom from the financial vows of which otherwise is bound with the rules and limitations of currency or Fiat, overall. #Bitcoin is the ark that will save...
Germany Takes Over FATF Presidency With New Guidance to Help Countries Apply Crypto Standards
4.7.2020
The Financial Action Task Force (FATF) has a new president as Germany took over the presidency from China. The intergovernmental organization also highlighted the need for more guidance on cryptocurrencies as many countries have not yet fully implemented its revised crypto standards. Another review...