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Millions of Dollars Flow Into Funding Crypto Companies; Digital Asset Bank Avanti, Raises $37 Million.
“The offering was upsized twice due to market demand,” in its Avanti Bank’s Series A capital funding. The post Millions of Dollars Flow Into Funding Crypto Companies; Digital Asset Bank Avanti, Raises Million first appeared on BitcoinExchangeGuide. origin »
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6 Chinese banks are testing the upcoming digital yuan (DCEP).
Six government-backed banks in China are testing e-wallet services for the upcoming digital yuan, local outlet Sina News reported ealier this week. The post 6 Chinese banks are testing the upcoming digital yuan (DCEP) appeared first on CryptoSlate. origin »
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Bison Trails supports Crypto.com’s payments blockchain with key infrastructure.
Crypto.com’s Crypto.org Chain aims to bring cryptocurrency payments mainstream.
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Bank of International Settlements Chief Says Cryptocurrencies Being Used to Evade Laws- Advocates for More Regulation.
Agustin Carstens, the general manager at the Bank of International Settlements (BIS), has claimed that cryptocurrencies are “used to evade laws and should therefore face more regulation.” Carstens, who has attacked bitcoin in the past, suggests that many crypto assets are “used to do some arbitrage, or to circumvent some regulations.” Carstens Repeats the Same […] origin »
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Bitcoin no longer a fringe asset due to US dollar debasement, says Soros Fund exec.
Soros Fund Management's CIO said that Bitcoin is no longer out on the fringes, thanks to the debasement of the U.S. dollar over the past year. origin »
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China’s digital yuan is backup to AliPay and WeChat Pay, says official.
Alibaba’s Alipay and Tencent’s WeChat Pay reportedly account for 98% of the mobile payment market in China.
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Bitcoin buyers mean business as Coinbase reserves drop $8B in 3 months.
Demand for Bitcoin remains solid and is fuelling a "supply shock" that shows no sign of abating, even at $50,000 and higher.
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Can Cardano Really Be Rival to Ethereum?.
Continue reading at Coinspeaker origin »
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Chinese Central Bank Proposes Global Rules for CBDCs.
Continue reading at Coinspeaker origin »
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RBI Governor Says Government and Central Bank Agree on Cryptocurrency Approach.
RBI Governor Shaktikanta Das says that there is no difference of opinion between the Reserve Bank of India (RBI) and the finance ministry on cryptocurrencies. While the finance minister said that the government will not shut off all options and will take a calibrated position regarding crypto legislation, the central bank has voiced some “major […] origin »
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Jamaica's central bank taps Irish tech outfit for CBDC project.
The Bank of Jamaica has partnered with an Ireland-based tech firm for its central bank digital currency project scheduled to begin in May. origin »
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Study Finds Cryptocurrency Scams Surged 40% in 2020, Forecasts an Increase of 75% in 2021.
A new study revealed that cryptocurrency-related scams almost doubled over the last year. However, forecasts are not optimistic going forward, as the report forecasts another significant increase in the number of cases in 2021. origin »
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Australian government offers $6M in grants to innovative blockchain teams.
The Australian government has made two grants of up to $3 million available to blockchain teams targeting minerals certification and excise taxation solutions. origin »
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Options traders target $80K by May, Skew suggests just 6% chance they're right.
Options traders are betting big that BTC will be above $80,000 on April 30, but analytics provider Skew thinks there is a 94% chance their positions will be worthless. origin »
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China and Japan go full steam ahead with CBDC pilots.
Asia’s largest economies are pushing forward with their respective CBDC trials, with six Chinese banks offering digital wallets and Japan establishing a new committee. origin »
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99.98% less power: Lighthouse’s first Ethereum and Eth2 merge transaction.
It is one of the first steps towards Phase 1.5 that will ‘dock’ Eth1 with Eth2.
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Bitcoiners love dogs, gold bugs prefer cats — Important new research.
Research has revealed crypto investors are more likely to be ‘dog people' while gold investors are more likely to be ‘cat people’. origin »
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Avanti Financial raises $37 million to launch institutional crypto bank.
The digital asset bank will be aimed at institutional investors only, and there is no exchange planned.
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SEC’s ‘Crypto Mom’ warns selling fractionalized NFTs could break the law.
Fractionalized NFTs and baskets of non-fungible tokens could easily be considered investment contracts under U.S. securities law, warns SEC Commissioner, Hester Peirce. origin »
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UBRI Panel: Increasing the Number of Women in Blockchain.
Although having a diverse workforce makes a company more profitable, the number of women in the tech industry is still increasing at a slow pace. Girls tend to opt out of the STEM career track at an early age, and women often leave the field early for any number of reasons including a lack of … Continued The post UBRI Panel: Increasing the Number of Women in Blockchain appeared first on Ripple. origin »
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