UAE’s RAKBANK teams up with Bitpanda on digital asset platform for residents
The new digital asset management platform still requires the approval of the Central Bank of the United Arab Emirates.
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ICC to Support Blockchain Adoption Among Its 45 Million Member Businesses
Singapore blockchain startup Perlin is helping the world’s largest business organization, the International Chamber of Commerce (ICC), roll out the technology, the company confirmed in a press release on April 12.Perlin, which is already involved in blockchain pilots for various major businesses, including Asia Pacific Rayon, will now gain access to ICC’s members as the…
Blockchain is as revolutionary as electricity: Big Ideas with Jason Potts
Economics Professor Jason Potts is co-director of the Blockchain Innovation Hub at RMIT University. He sees blockchain technology as a fundamental institutional technology revolution comparable to the emergence of companies and the internet — perhaps even as world-changing as the invention of electricity.What’s the last big technological change that had the same sort of impact…
Majority of Korean crypto exchanges to shut down this month, insiders say
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Huobi, KuCoin, over 140 crypto exchanges ‘non-authorized’ — UK regulator
The FCA’s list of registered crypto asset providers includes 42 entities and hasn’t changed since August. 777 Total views 6 Total shares The United Kingdom’s financial markets regulator, The Financial Conduct Authority (FCA), had a busy Sunday on Oct. 8, as it added several crypto exchanges to its warning list of non-authorized firms that customers
Ethereum NFT royalties hit two-year low as Bored Ape floor price falls below 30 ETH
NFT royalties act as an important gauge of incoming revenues to fund ongoing development of various projects in the ecosystem. Royalties earned by nonfungible token (NFT) projects have reached their lowest point in two years, according to a report from blockchain analytics firm Nansen.Data shared with Cointelegraph highlights the low point for NFT royalties before…
OECD Calls for ‘Delicate Balance’ in Global ICO Regulation
The Organisation for Economic Cooperation and Development (OECD) has stated that global regulators should work together to facilitate the development of initial coin offerings (ICOs), according to a report released Jan. 15.The document calls for regulatory clarity and a supervisory framework for ICOs, defining such moves as “a stepping stone to their safer use for…
Top-5 Cryptos This Week (Jan 12): BSV, DASH, LINK, BCH, LTC
The CME Group will launch its Bitcoin options contract on Jan. 13. The analysts at JPMorgan Chase & Co. have spotted a 69% increase in open interest from year-end in CME’s existing Bitcoin futures contracts. They also noted that the number of large open-interest holders has picked up. This shows an increase in institutional interest before…
‘DeFi will replace institutions entirely,’ says BitGo CEO Mike Belshe
The global decentralized finance (DeFi) market size was valued at $11.78 billion in 2021. This number is expected to increase as DeFi advances, yet it is still in its infancy. Therefore, a number of banks and traditional financial institutions still tend to be unaware of DeFi’s potential. While this may be, industry experts within the crypto…