NEWS

Indian IT Giant Tech Mahindra and Local Gov’t Launch Blockchain Accelerator

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Tech Mahindra, the IT subsidiary of Indian conglomerate Mahindra Group, is launching a blockchain accelerator together with the government of the southern state of Telangana. The parties hope the accelerator…

Germany’s BaFin Clarifies Licensing Process for Foreign Crypto Custodians

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Germany’s Financial Supervisory Authority (BaFin) is clarifying how the country’s new cryptocurrency custody law will apply to firms that operate outside of Germany but still serve the German market. In…

Hawaiian Bill Would Let Banks Act as Crypto Custodians

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Hawaiian lawmakers have submitted a bill that allows banks to provide custody for digital assets. SB2594, introduced on Jan. 18 with bipartisan backing, would make it legal for Hawaiian banks…

Adam Back: $10 Million Bitcoin Prediction Is ‘Closer Than It Sounds’

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According to cypherpunk and bitcoin contributor, Adam Back, Hal Finney's $10 million price point for bitcoin isn't too far fetched. Bitcoin’s $10 million dollar price prediction hits Twitter. Is bitcoin…

Vitalik Buterin Proposes Faster Transition to Ethereum 2.0

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The move from 1.0 to 2.0 might go more smoothly.   Ethereum co-founder Vitalik Buterin suggested a faster way to migrate data to ETH 2.0, meaning the long-awaited upgrade may come…

EU Confirms its Firm Stance on All Stablecoins, Not Facebook’s Libra Only

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The EU has taken a firm stance on stablecoins. But a senior government official in Lithuania says the move will not stop stablecoin operators from proceeding with their plans as…

Bloom Technology Claims to Speed Up Blockchain Transactions via Locus Chain Technology

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South Korean startup Bloom Technology has tested a blockchain solution, which claims to process blockchain transactions faster than ever. The transactions will take place within 23 seconds as per the…

South Africa plans new rules to stop crypto from being used to evade currency controls

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QUICK TAKE South Africa’s central bank is planning to bring in new rules to stop cryptocurrencies from being used to evade currency controls The new rules are expected to be put…

Bitcoin Is the Only Crypto Owned by PayPal CEO Dan Schulman

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During a new Fortune interview, PayPal CEO Dan Schulman has come out as a Bitcoin owner. When asked whether he bought cryptocurrency, Shulman's answer was succinct: "Yes, Bitcoin." Big names betting…

Microsoft Partners with Ethereum to Create New Digital Assets

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The world of cryptocurrencies has developed at a breakneck pace over the past few years, and now it has emerged that tech behemoth Microsoft (NASDAQ:MSFT) is going to work with…