VanEck launches $30M ventures fund for crypto and AI
VanEck’s new $30 million fund, VanEck Ventures, will focus on investment in fintech, crypto and AI startups building next-generation payments.
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Circle CEO: No One in the World Is Any Closer to CBDCs Than China
China has the most progressive approach to central bank digital currencies (CBDCs) to date, according to Circle CEO Jeremy Allaire.The only global bank to really care Allaire said that China’s central bank has the most advanced thinking about CBDCs in an interview aired on Phoenix Chinese News on Sept. 9.According to Allaire, the People's Bank of…
Brazil’s central bank examines the benefits of a CBDC
Brazil’s central bank believes you’ve got to change money, to save money. The Central bank of Brazil — or Banco Central do Brazil — is laying the groundwork for a Central Bank Digital Currency (CBDC) with an official statement revealing it has already formed a dedicated group to study the crypto industry.According to the central…
Heating a home with a Bitcoin miner: Staying warm with sats
Bitcoin (BTC) miners emit a lot of heat. Some miners use that heat to warm swimming pools, dehydrate meat to make beef jerky or even dry out timber at a Swedish hydropower Bitcoin farm. In Ireland, the “Bitcoin Farmer” joked that he hangs out laundry to dry in front of his Bitcoin miner.S9 #bitcoin beef jerky…
Libra Will Upset World Economy if It Isn’t Regulated Tightly, G7 Warns
Cryptocurrencies such as Libra risk upsetting the world’s financial system if they are not regulated tightly, G7 finance ministers have warned.According to Reuters, French finance minister Bruno Le Maire told a news conference on July 18 that the G7 “cannot accept private companies issuing their own currencies without democratic control.”His remarks followed informal talks in…
US SEC Sets November 5 Deadline for Reviewing Nine Bitcoin ETF Applications
The U.S. Securities and Exchange Commission (SEC) has outlined a time frame for reviewing proposed rule changes related to a series of applications to list and trade various Bitcoin (BTC) exchange-traded funds (ETFs).The review period affects nine separate ETFs that have been proposed by three different applicants, according to documents filed by the SEC yesterday,…
BIS distances from Project mBridge amid BRICS sanctions concerns
Economic sanctions have a profound effect on international financial architecture, it turns out.
Bermuda Government Approves First ICO Under New Regulatory Regime
The government of Bermuda has awarded the first certification for an Initial Coin Offering (ICO) under the island nation’s new regulatory regime for crypto and blockchain business, the country’s only daily newspaper, the Royal Gazette reports Oct. 18.According to the Royal Gazette, the Minister of National Security Wayne Gaines — whose office oversees ICT policy…
Coincheck crypto exchange announces Japan’s first ever IEO
The Hashpalette token sale on Coincheck is set to become Japan’s maiden initial exchange offering event. 3941 Total views 7 Total shares Coincheck’s goal of conducting the first-ever initial exchange offering in Japan is moving closer to becoming a reality.According to a release issued on Monday, the Japanese crypto exchange announced that the Hashpalette (HPT)…