Cryptocurrency Analysis and News Portal
Two Beijing-area regional bodies – the Beijing Local Financial Supervision and Administration and the Tongzhou District government – held a conference Monday that made note of the People’s Bank of China (PBoC) Digital Currency Research Institute’s plan to build a legal digital currency test zone and digital financial system in
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In a massive crackdown on fraud and money-laundering, Hong Kong has announced a ban on the retail trading of digital currencies, and will now for all
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PayPal’s cryptocurrency products are going to expand rapidly in 2021, executives said on the payments giant’s third-quarter earnings call Monday evening.When talking about central banks creating retail-facing digital currencies, PayPal CEO Dan Schulman said the company was looking to create “the most expansive and compelling digital wallet in the world.” Schulman
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Cryptocurrency deposit withdrawals are still suspended at the OKEx exchange following a founder’s recent arrest, but officials with the Malta-based company are moving ahead with other matters, including planning around an upcoming hard fork on the Bitcoin Cash blockchain. Source
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Ripple is planning a Japan move due to poor U.S. regulations. Other considered locations include the UK, UAE, Singapore, and Switzerland. Blockchain payment services company Ripple Labs Inc may relocate to Japan from the U.S. due to a lack of regulatory clarity. Apart from Japan, the company has also shortlisted some
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MineSpot, a company previously unknown in the crypto mining industry, said it is opening a 160-megawatt mining venue in the middle of Siberia that would be the largest mining farm in Russia.The venue is located near the Boguchany Dam in East Siberia, in the town of Kodinsk. It will occupy
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XRP is giving signs of a significant price rebound as its backer, Ripple Labs, said that it plans
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The U.S. Treasury Department is evaluating the merits of a government-sponsored digital currency, said one of its top officials Wednesday.Deputy Treasury Secretary Justin Muzinich, speaking to the Atlantic Council during a digital seminar on transatlantic economic relations, said the administration is studying a potential central bank digital currency (CBDC) tied
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Atari's self-styled entertainment payments token has been in the works since early 2018. Source
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Ahead of its $35 billion IPO in Hong Kong and China, Ant Group has launched a cross-border blockchain platform for trading.Ant Group has launched a cross-border trading blockchain as it prepares for a dual initial public offering (IPO). The new blockchain will facilitate trading across countries.On Friday, Ant launched “Trusple,”
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