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BitGo Partners Genesis to Allow Institutions Trade Digital Assets Avoiding Crypto Exchanges

Photo: BitGo / MediumTime is money and in business, money solves everything especially when you are doing business in such a volatile market as the crypto is. Experienced industry investors are very well aware of a price behind every minute lost in grappling with transaction delays. At the times

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Canada Digital ID System Could Use Blockchain to Secure Data, Says Banking Executive

A Canadian banking group supports the idea of using blockchain technology as part of a digital ID system for residents, national news agency The Canadian Press reported via various local media outlets on Jan. 15.Speaking during a presentation at the Economic Club of Canada in Toronto, chief executive of the

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Intercontinental Exchange’s Digital Asset Platform Bakkt Announces First Acquisition

Bakkt, the digital assets platform backed by the New York Stock Exchange (NYSE), has acquired certain assets in futures commission merchant Rosenthal Collins Group (RCG). The acquisition was announced in a Medium post on Monday, Jan. 14.In the post, Bakkt CEO Kelly Loeffler hinted that the company’s latest move is

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Malaysian Cryptocurrency Regulation to Classify Digital Assets, Tokens as Securities

Malaysian cryptocurrency regulation comes into effect on Tuesday, Reuters reports on Monday, Jan. 14.The Malaysian finance minister, Lim Guan Eng, reportedly said today that the Capital Markets and Services Order 2019 would become effective on Jan. 15. According to Reuters, the new regulation classifies digital currencies, tokens and crypto-assets as

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Russian Parliament to Focus on Digital Economy Bills in Next Session, Says Chairman

Vyacheslav Volodin, the chairman of the lower chamber of the Russian parliament, has said that bills on the digital economy will be a priority during the upcoming session. The parliament’s official website revealed this in a press release published Wednesday, Jan. 9.Speaking at the opening of the parliament’s spring session,

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Thai Ministry of Finance Gives Digital Asset Business Licenses to Four Firms

The Thai Ministry of Finance has issued digital asset business licenses to four crypto-related firms, according to a notice published by the country’s Securities and Exchange Commission (SEC) Jan. 8.According to the announcement, the licenses were issued by the finance ministry “under the recommendation of the SEC Board.” The four

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Japanese Banks Launching Digital Currencies Could Inspire the Traditional Cash Society

Japan is known as a land of contrasts. A country where serenity and tranquillity can be found in the middle of the hustle and bustle of large global cities, where proud traditionalism stands side-by-side with the developers and innovators of breakthrough technologies, where kimonos are often found next to the

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Digital Retail Giant Overstock Set to Use Bitcoin for Tax Payments in 2019 Already

The new year has begun just a couple of years ago but has already brought some surprising news for crypto enthusiasts. On Thursday, the US online retailer Overstock announced it would pay part of its business taxes in the state of Ohio with Bitcoin (BTC). The move is a way to promote cryptocurrency use.Overstock CEO

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