Drex Brazilian CBDC pilot will work on privacy, DeFi in phase 2

Enterprise adoption of smart contracts and blockchain technology is coming to a head soon, according to Chainlink CEO Sergey Nazarov and Interwork Alliance President Ron Resnick.The pair were members of a Unitize 2020 panel earlier today and said they were optimistic that we are moving forward at an exciting rate with both enterprise adoption, and…

Today, the Assemblée Nationale (the French parliament’s lower house) is initiating a debate about a legal project introduced last June by the Minister of Economy and Finance, Bruno Le Maire, which contains some relevant changes for the French regulatory framework with regard to crypto assets and ICOs, together with many proposals aimed at sustaining the…

According to Whalemap, there are three major Bitcoin (BTC) whale clusters in the near term that might serve as key technical levels. The $11,857, $12,256 and $12,868 levels would likely act as important support and resistance areas.In previous cycles, whale activity coincided with significant price movements at crucial technical levels. For instance, Cointelegraph reported that…

Bitcoin’s “appreciation” will continue unless a freak occurrence interrupts it, says Bloomberg Intelligence. Bitcoin (BTC) will only stop gaining in value if “something unexpected” stops it, Bloomberg researchers believe.Tweeting a summary of the latest Bloomberg Intelligence Commodity Primer on Aug. 19, senior strategist Mike McGlone revealed a clear bullish stance on BTC.Bloomberg: BTC price will…

The Bitcoin assets under management (AUM) market fell 9.5% to $48.7 billion in November while altcoin-based crypto funds such as Ether saw their AUM rise 5.4% to $16.6 billion. 664 Total views 12 Total shares While Bitcoin’s (BTC) position as a viable hedge against fiat inflation continues to attract investors, new data reflects a change…

New regulations for crypto-related companies, which Hong Kong’s Securities and Futures Commission (SFC) earlier announced, might prevent crypto entrepreneurs from entering the market. Expert comments on the situation were reported by business media Nikkei Asian Review on Monday, Dec. 17.Timothy Loh, owner of a local law firm, told Nikkei that some entrepreneurs might decide not…

Exchange-traded fund analyst Eric Balchunas said the addition was “all part of the process” of a crypto ETF being listed and traded and a positive sign for SEC approval. 722 Total views 4 Total shares The iShares spot Bitcoin exchange-traded fund (ETF) proposed by investment firm BlackRock has been listed on the Depository Trust &

The United Kingdom’s Financial Conduct Authority estimates that roughly 2.6 million U.K. consumers have bought cryptocurrency “at some point.”On June 30, the FCA published the results of its latest research into how consumers interact with crypto markets in the U.K. It found that 1.9 million people — 3.86% of the general adult population (18+) —…

Blockchain interoperability protocol Polkadot has introduced its “canary network” dubbed Kusama, which represents an experimental version of the protocol.In the blog post published on July 16, Polkadot presented an early, experimental version of the protocol called Kusama that is designed for real economic conditions. Kusama will purportedly enable developers to build and use a parachain…