South Korea plans to regulate cross-border stablecoin transactions
South Korea’s Financial Services Commission plans to consult with other jurisdictions, such as Japan and the European Union, on stablecoin rules.
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US Defense Dept. to Experiment With Blockchain-Based Security
The United States Department of Defense (DoD) is pursuing blockchain solutions for cybersecurity as part of its digital modernization strategy.The DoD released plans for blockchain tech in its four-year roadmap on July 12, entitled “DoD Digital Modernization Strategy: DoD Information Resource Management Strategic Plan FY19–23.”According to the report, the DoD’s research branch, the Defense Advanced…
Tether dominates with $113B post-SVB collapse — IntoTheBlock
Tether’s market cap surges post-SVB collapse, driven by liquidity and accessibility, says ITB’s Vincent Maliepaard.
Bitcoin price D-Day starts ‘any moment’ says trader as BTC reclaims key level
This week is when volatility returns and a make or break moment for BTC/USD hits, traders believe. 747 Total views 1 Total shares Bitcoin (BTC) is nearing the end of a consolidation period which traders are betting will spark a fresh bullish breakout.In a tweet on June 1, popular trader Crypto Ed became the latest…
Ohio: Seven Funds Plan $300 Million Investment for Blockchain Startups Through 2021
Ohio funds will pour over $300 million into blockchain startups through 2021, Northeast Ohio daily news outlet Cleveland.com reported Dec. 3, quoting executives.Speaking at the ongoing Blockland Solutions conference, nonprofit JumpStart CEO Ray Leach announced that a total of seven funds were primed to invest $100 million in “early-stage startups that focus on using blockchain…
Gold-as-a-currency: Kinesis launches blockchain-backed monetary system in Indonesia
In partnership with the Indonesian government, Kinesis is using blockchain technology to deliver gold-based financial services to the population. 2390 Total views 20 Total shares Kinesis, a gold-backed monetary system based in the Cayman Islands, has launched a Sharia-compliant version of its product in Indonesia, setting the stage for wider acceptance of its blockchain solution…
Dangers of hosting your own Eth2 node, explained
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Uphold to delist USDT and 5 stablecoins by July 1, citing MiCA
Apart from Uphold, other major crypto exchanges, including Binance, Kraken and OKX, also tweaked their stablecoin listing policies to comply with MiCA regulations.
Bitcoin looks ripe for a rebound, and so do ETH, DOGE, LTC, and XMR
Bitcoin’s volatility is expected to pick up after the US elections, and charts suggest that ETH, DOGE, LTC and XMR could be the first to follow.