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Global securities body IOSCO unveils crypto regulatory framework proposals

According to the report, these expectations can be addressed by applying existing rules or creating new ones, depending on the jurisdiction. IOSCO, the international regulatory body overseeing securities markets, has released its conclusive report containing policy suggestions for crypto and digital asset (CDA) markets.The suggestions within this report play a crucial role in formulating a

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Core Scientific increased Bitcoin production by 10% in July amid Texas power cuts

The mining firm reported it “completely powered-down its Texas data center operations on several occasions” in July to support the state's power grid operator. 45 Total views 1 Total shares Crypto mining firm Core Scientific reported its operations produced 1,221 Bitcoin (BTC) in July even as the company powered down several times in response to demand…

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Crypto Markets Finally See Wave of Modest Growth After Period of Relative Stability

Monday, Oct. 8: markets have taken a near-unanimous upturn, even as onlookers have been pointing to a period of uncharacteristically stable price action in the crypto sphere. Virtually all the top 100 cryptocurrencies are seeing solid growth on the day, as data from Coin360 shows.Market visualization by Coin360Bitcoin (BTC) has seen a relatively strong boost,…

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Here’s why Bitcoin price could tap $21K before Friday’s $510M BTC options expiry

Bitcoin (BTC) has been trying to break above the $20,500 resistance for the past 35 days, with the latest failed attempt on Oct. 6. Meanwhile, bears have displayed strength on four different occasions after BTC tested levels below $18,500 during that period.Bitcoin/USD price index, 12-hour chart. Source: TradingViewInvestors are still unsure whether $18,200 was really…

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Blockchain at a crossroads: From Davos hype to global impact

The evolution of blockchain continues at pace. It’s time to examine progress, challenges and future potential in humanitarian and development sectors.

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Australia, Singapore, Malaysia and South Africa launch joint CBDC pilot

The joint initiative will prototype shared DLT platforms enabling institutions to settle cross-border transactions using central bank-issued digital currencies. 784 Total views 2 Total shares The central banks of Australia, Singapore, Malaysia and South Africa have announced a joint initiative to trial international settlements using central bank digital currencies (CBDCs).The initiative, dubbed Project Dunbar, will…

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Hong Kong Vending Machines Choose BCH over BTC

Bitcoin Cash (BCH) proponent Roger Ver says that he did not pay for a Hong Kong vending machine to avoid offering Bitcoin (BTC) as a payment option. 1838 Total views 59 Total shares After Roger Ver posted a video of a Hong Kong vending machine accepting Bitcoin Cash (BCH) and not Bitcoin (BTC), trader and…

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UnionBank Head Foresees the End of Physical Cash

Edwin Bautista, president and chief executive of UnionBank of the Philippines, has forecast that the coronavirus outbreak will drive banks to shift towards digital currencies, leaving physical cash behind.As Euromoney reported on April 3, Bautista noted that the pandemic provoked a heightened demand in online banking services, pushing banks to revise their digitization strategy. “Certainly,…

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Russia’s Central Bank report examines crypto’s place in the financial system

Russia's Central Bank has released a report on digital assets which looks at how the technology could be integrated into its traditional financial system. 218 Total views 2 Total shares The Central Bank of Russia (CBR) is looking at ways to integrate crypto assets and blockchain technology into its local financial system amid a pile-on…

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