Peru adopts India's UPI system to boost financial inclusion
The Indian instant payment system is gradually making its way around the world. Soc India and Peru collaborate on payments
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Chinese Schools Can’t Keep Up With Demand for Blockchain
The Chinese academic sector is “seriously lagging” in terms of keeping up with demand for blockchain specialists. As the blockchain industry keeps expanding across China, there are concerns that the academic sector is failing to keep up with demand for comprehensive, undergraduate, blockchain-related educational programs.The head of the Digital Economy Development Research Center at the…
NFT holders sue art gallery, Ubisoft to launch Web3 game: Nifty Newsletter
A group of NFT holders sued an art gallery, claiming it failed to deliver its promised metaverse club.
Fundstrat’s Tom Lee: ‘Correlation’ Between BTC and Emerging Markets Is Sign of Upcoming Trend Reversal
Fundstrat’s Bitcoin (BTC) analyst Tom Lee has claimed that the cryptocurrency “could end the year explosively higher,” citing a correlation between it and emerging markets. Lee has made his new prediction in an interview during CNBC's "Trading Nation” show August 25. The Head of Research at Fundstrat Global Advisors has said that he “still think[s]…
Japan’s Financial Regulator Expands to Handle Influx of Crypto Exchange License Demand
Japan’s Financial Services Agency (FSA) plans to bolster its workforce by 12 personnel to better handle the growing influx of applications for crypto exchange licenses, Reuters Japan reported September 12.At a crypto exchange study group meeting Wednesday, the FSA’s vice commissioner for policy coordination, Kiyotaka Sasaki, said that the agency is currently conducting its oversight…
Gibraltar Grants First Crypto Derivatives License to Local Exchange
Gibraltar-based crypto derivatives exchange Quedex has secured a license from the Gibraltar Financial Services Commission (GFSC).Quedex claims to be the world’s first regulated crypto futures and options exchangeQuedex was granted a Distributed Ledger Technology (DLT) Providers licence for providing services of trading crypto derivatives such as Bitcoin (BTC) futures, as well as crypto custodial services,…
Bitcoin 2022 bear market ‘usual’ despite key trend line loss — analyst
Bitcoin (BTC) spending an “unprecedented” period below a key moving average is a poor guide to the 2022 bear market.That was the opinion of analyst Superswell, who this week championed on-chain metrics as a way of understanding current BTC price action.“Business as usual so far” for Bitcoin bear marketIn a series of tweets on Dec.…
Back on track: US macro events unlikely to fully derail Bitcoin price gains
Tech-heavy stock market indices, including the Nasdaq Composite and the S&P 500, have begun to recover. Amazon posted high pandemic sales that led profits to climb threefold and reported a 37% spike in revenue. Facebook also surpassed Wall Street expectations, achieving $21.5 billion in revenue during the third quarter.Although the correlation between Bitcoin and U.S.…
Top Cryptos Look Stable as Bitcoin Hovers Over $4,000
Sunday, March 17 — the top 20 cryptocurrencies are reporting very slight gains and losses on the day by press time. Bitcoin (BTC) has pushed back just over the $4,000 mark, according to CoinMarketCap data.Market visualization from Coin360At press time, Bitcoin is down under a quarter of a percent on the day, trading at around $4,037,…