India amasses 5M central bank digital currency users
India has taken a cautious approach to introducing a CBDC, while local authorities have also refused to regulate crypto transactions.
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Volcanos, Bitcoin and remittances: A Tongan lord plans for financial security
A former member of the Tongan Parliament is behind a proposal to make Bitcoin (BTC) legal tender in the tiny Pacific nation of Tonga, following in the footsteps of El Salvador. It’s due for a vote in Parliament in May and the early signs are encouraging.Mataʻiʻulua ʻi Fonuamotu, Lord Fusitu’a told Cointelegraph that plans are…
Making Blockchain Safe and Secure, a Balancing Act That Never Ends
Blockchain technology has become synonymous with privacy and security, but those very characteristics have been put to the test over the past decade. With historical roots embedded in cryptography, many blockchain and cryptocurrency projects purport to offer unbridled security and privacy measures. The industry is split between public blockchain platforms like Bitcoin and private or…
Winklevoss: US Dollar Is Now a ‘Funny Money’ Endorsement of Bitcoin
The United States’ failure to agree on Coronavirus stimulus shows that the dollar is “funny money” and endorses Bitcoin (BTC), says Cameron Winklevoss.In a tweet on Aug. 6, the Gemini exchange co-founder delivered a damning appraisal of the lack of progress in Washington to deliver more financial aid.A “wake-up call and endorsement of Bitcoin”Talks between…
Spanish City of Bilbao Launches $171K Tender to Develop Public Blockchain Network
Bilbao, the largest city in northern Spain, has launched a €150,000 (around $171,000) tender to develop a blockchain for public services, Bilbao’s municipal authorities announced Monday, Nov. 12.Officials of the largest city in Basque country want to create a decentralized platform, designed to allow one to act with “power of attorney” online. The deadline to…
Everipedia VORTECS™ Score hits record high ahead of upcoming NFT drop to IQ stakers
The VORTECS™ Score for IQ surged to a record high shortly before Everipedia announced that token stakers would receive special NFTs. 327 Total views 18 Total shares In the world of technical analysis, any tool that gives the trader insight into the next possible market move is valued highly because an early signal of impending…
Rep. Davidson Sees Place for Blockchain in US Manufacturing Despite Congress’ Concerns
United States pro-crypto Congressman Warren Davidson (R-OH) has once again called for clear regulations of blockchain industry to maintain U.S. economic dominance.On Nov. 4, Davidson published a letter in the Wall Street Journal in response to an Oct. 24 report on automation in manufacturing. The congressman urged the U.S. government to encourage innovators to stay…
Bitcoin Price Back Above $11,000 as Dip ‘Consistent’ With Parabolic Bull Run
Bitcoin (BTC) corrected as low as $10,380 before rebounding above $11,000 on June 27 as commentators remain highly bullish about the market’s potential.Market visualization courtesy of Coin360Data from Coin360 showed the bitcoin price dipping down from recent highs of $13,800 in a pullback many had anticipated. BTC/USD gained rapidly throughout this week and last, adding thousands…
Multiple spot crypto ETF applications go to Federal Register in step toward SEC approval
Publishing the ETF applications in the official journal of the U.S. government gives the SEC up to 240 days — until March 2024 — for final approval or denial. 415 Total views 5 Total shares Spot Bitcoin exchange-traded fund (ETF) applications from several firms have been published in the Federal Register, moving them one step along…