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Tag Archives: Cryptocurrency News

Swiss President Says ‘No’ to Libra Project

Swiss outgoing President and Finance Minister Ueli Maurer said on Friday that Facebook’s Libra project “failed in its current form and needs reworking to be approved.”He said:“I don’t think Libra has a chance in its current form, because central banks will not accept the basket of currencies underpinning it. The project, in this form, has thus failed.”Regulators all over the world have been worried that Libra would possibly increment the risk of money laundering and criminal actions through...

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Peter Schiff Gets Clobbered With Facts After Spewing Hate on Bitcoin

Peter Schiff found another reason to take a shot at bitcoin. Bitcoin supporters took the gold bug’s latest criticism with a pinch of humor. There’s no denying the fact that the top cryptocurrency is the best-performing asset of the year and the decade. Peter Schiff has once again caught the attention of Crypto Twitter (CT) when he talked about bitcoin.The 56-year-old gold bug has a penchant for taking a swipe at bitcoin whenever an opportunity presents itself. On Friday, the chief executive...

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UEFA, AlphaWallet to Power Up EURO 2020 Tickets with Ethereum Blockchain

AlphaWallet is a tokenization firm providing companies with exclusive services of launching their coins. Boosted by the Ethereum network, AW allows users to take advantage of DeFi, DAOs, stable coins and ERC-20 smart contracts.Together with the UEFA, AW plans to bring the crypto fans together with football fans. This will happen through an Ethereum integration, with over 20,000 tokens put on the custom blockchain to back up the tickets.Victor Zhang, AlphaWallet CEO, noted:“If we can convert...

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Ripple’s XRP Steadied as Bearish Sentiment Holds Sway

At the hour of composing, XRP/USD is changing hands at $0.1882, generally both unaltered since the start of Friday and on the last day. XRP has recouped from December 18 low of $0.1725; in any case, the further recuperation is by all accounts restricted by a mental obstruction at $0.20.It’s critical to recall that regardless of whether XRP can turn bullish temporarily, its long term trend remains quite terrible. The cryptocurrency has plunged over 60% over the most recent half-year and has...

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Russian Central Bank Tests New Kinds of Stablecoins

The Russian Central Bank is testing stablecoins, which are backed by real assets. The testing is to occur within a regulatory sandbox that functions based on certain regulations. The Russian Central bank disclosed this recently when the Chairman Elvira Niabullina said:“We test stablecoins in our regulatory “sandbox.” Companies come that want to issue tokens secured by some real assets. We in the “sandbox” look at how they can work, but we do not assume that they will function as a means of...

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France Financial Authority Announces New Rules for Digital Asset Providers

According to the publication, the Autorité des Marchés Financiers (AMF), made these rules to expand on the PACTE law. The PACTE law, which initially went into effect back in May, went down in history as one of the foremost comprehensive legal frameworks to guide the crypto sector, in all of Europe.Compliance RequirementsThe new AMF laws have a few mandatory points that interested applicants must meet. The DASP must have a two-year business plan, with specific details on how the business will...

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OKEx Introduces Bitcoin Options Trades for a Few Clients Before January Launch

OKEx crypto exchange officially announced the launch of Bitcoin options trading for a chosen few clients. This has happened ahead of a public launch on January 9, 2020. In a December 26 press release, the third-largest crypto exchange by daily trading volume worldwide has confirmed that the new contract will be settled daily in Bitcoin.Increasing Hedging Strategies Options for OKEx TradersAn options contract is a popular derivative that lets traders hedge against asset price swings in all...

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Cryptocurrency Video Removals is a Mistake, YouTube Says

This follows YouTubes’ recent removal of Vitalik Buterin‘s “Roadmap” video as well. Sources say that a YouTube Spokesperson said that it had made “the wrong call”. Sources also say that the video-sharing giant said:“With the massive volume of videos on our site, sometimes we make the wrong call. When it’s brought to our attention that a video has been removed mistakenly, we act quickly to reinstate it. We also offer uploaders the ability to appeal removals and we will re-review the...

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Central Bank of Bahamas Launches Digital Currency Today

The Commonwealth of the Bahamas is the newest country to adopt its own digital currency. Starting today, residents of the Exuma district will have access to a pilot run of the country’s central bank digital currency (CBDC).According to an official press release published on Tuesday, December 24, the pilot run is called the “Project Sand Dollar” as the CBDC is called the “Sand Dollar”. The announcement also states that the Bahamas digital currency furthers the Bahamian Payments System...

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#779 Krieg gegen Krypto-Youtuber, Ethereum Co-Founder Exit & 7000 Bitcoin Asics beschlagnahmt

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 779. Heute sprechen wir über folgende Themen: Youtube sperrt Krypto Videos und Kanäle & Ethereum Co-Founder Exit & 7.000 Bitcoin-Asics in China beschlagnahmt. 1.) YouTube Reinstates More Crypto-Related Content, Admits To Mistake Via Twitterhttps://cointelegraph.com/news/youtube-reinstates-more-crypto-related-content-admits-to-mistake-via-twitter 2.) Ethereum Co-Founder Exit? Whale versendet 92.000 ETH an...

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