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University College London Joins Governing Council for Hedera Hashgraph

University College London’s Centre for Blockchain Technologies (UCL CBT) has joined the governing council for enterprise-grade distributed ledger platform Hedera Hashgraph.Paolo Tasca — former cryptocurrency lead economist at Germany’s central bank, Deutsche Bundesbank, and founder of UCL CBT — confirmed that the university is the first academic institution to join

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Coinbase-Backed Crypto Rating Council Lists IOTA, BAT, and USDC

The question of whether certain cryptocurrencies constitute securities is becoming increasingly relevant within the blockchain industry. As such, some core players in the space are upping their efforts to bring more understanding to the issue.The Crypto Rating Council, or CRC, is a group of major United States’ crypto firms

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Hedera’s Token Price Spikes Prematurely After Google Cloud Joins the Network’s Governing Council

After Hedera Hashgraph announced that Google Cloud would be joining its governing council on Tuesday, the price of the network’s native token HBAR rose above 5 cents for the first time since the network’s launch and above 2 cents for the first time in a month.As part of the body

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US Financial Stability Oversight Council: Stablecoins Are a Risk to the Economy

On December 4th, the financial regulator the Financial Stability Oversight Council (FSOC) published an annual report for the year 2019. The report mainly focuses on the popularity of stablecoins and problems rising as these crypto assets expand over a wider range of potential consumers.In the report, a panel of top

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EU Council and Commission Say No to Stablecoins Until Regulation Is Clear

A truckload of risks and concerns still lurk around stablecoins, this supposed stable form of cryptocurrencies, leading to concerns in the EU and other countries.The EU council and Commission took their press section to release a joint statement, clearly proclaiming their take on stablecoins and what must be done before

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Binance Joins Council of Internet Giant Kakao’s Blockchain Project

Klaytn, a blockchain project led by internet giant Kakao, announced that cryptocurrency exchange Binance is joining its governance council.In a joint press release shared with CryptoX on Oct. 22, Binance announced that it is joining the governance council of the service-centric blockchain project, Klaytn, to further push for the

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Swiss Federal Council Continues to Monitor Stablecoins and Blockchain

The Swiss Federal Council is continuing to keep close tabs on global stablecoin projects and their possible opportunities and challenges.Switzerland is seen as very crypto-friendlyIn a press release on Oct. 16, the Swiss Federal Council stated that it was recently informed about “current opportunities and challenges associated with stablecoins”

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Facebook Libra’s Five-Member Council Elected as More Members Withdraw

Facebook’s cryptocurrency project, Libra, has announced the selection of a five-member board on Monday. The company has dismissed the recent turmoil over several prominent members leaving, the latest one being an online travel company called Booking Holdings.The head of policy and communications representing the Libra Association, Dante Disparte, says that

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