Cryptocurrency Analysis and News Portal
China’s nationwide blockchain network is due to be launched in the upcoming months. The blockchain-based service network (BSN) will contribute to improving the infrastructure of the blockchain sector in the country to develop the layout for newer blockchain projects and accelerate the growth of smart cities and the virtual economy.The
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The Hong Kong Institute of Bankers (HKIB) has onboarded six virtual banks as corporate members, according to a Jan. 2 press release.The HKIB is a non-profit institution that provides training and certification to the banking organizations in Hong Kong. The last banks joining the HKIB are Airstar Bank Limited,
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According to the new release of ‘Outrageous Predictions’ by the banking fintech company Saxo Group, The United States dollar’s long-lived reign as the main reserve currency might soon meet its end, especially as China has started working on the creation of a new digital currency that is driven by blockchain
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Bitcoin artist “Bnoiit.c” has created an Ethereum-based virtual museum “Cryptovoxels” that ensures censored artworks are immutably preserved for an online audience.In its collection as of Aug. 25 has been a Bitcoin mural by French street artist Pascal “PBOY” Boyart, which was painted over by French authorities earlier this year. Revolutionary
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The Finnish Financial Services Authority (FIN-FSA) has officially registered LocalBitcoins as a virtual currency provider, starting at the beginning of November 2019. Finland only allows officially registered providers who fulfill the legal requirements to operate in the country.A safe pair of handsIn order to receive the registration, LocalBitcoins had
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As reported earlier in the week by local news outlet BusinessCloud, Wales’ government is set to follow in the footsteps of Italy and replicate the Sardinian model (dubbed Sardex) of local digital currency and system for businesses. While we are yet awaiting the next step in the UK government’s Brexit
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Leading communications and technology company Verizon has been awarded a patent for using virtual subscriber identity modules (vSIMs) for customers’ devices.A filing with the United States Patent and Trademark Office on Sept. 10 details a blockchain encryption technology, wherein a traditional physical SIM card can be replaced with a
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