Zimbabwe’s central bank to issue gold-backed digital currency: Report
The Reserve Bank of Zimbabwe plans to introduce a gold-backed digital currency as legal tender in a bid to stabilize its local currency.
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Huobi and Gate.io under fire for allegedly sharing snapshots using loaned funds
A wallet address linked to the Huobi exchange was found transferring 10,000 ETH to Binance and OKX deposit wallets soon after releasing its asset snapshot. To counter the rising mistrust among crypto investors following the FTX collapse, crypto exchanges unanimously decided to share proof of reserve with the public as a way to showcase legitimacy.…

MiCA can attract more crypto investment despite overregulation concerns
European retail investors will likely feel the biggest effect of the MiCA regulations through more stringent data collection and the potential introduction of crypto taxation laws.

Waves, Celo, and Injective Protocol (INJ) breakout as DeFi reawakens
Bitcoin (BTC) extended its relief rally on Tuesday and reclaimed a market capitalization above $1 trillion. While many traders panicked during Bitcoin’s recent fall below $47,000, fund manager Dan Tapiero said that he spotted a rare TD sequential buy signal during the low. The last time this signal was seen was in March 2020 when…

Crypto company CEO says the recent crypto boom brought increased adoption
Crypto usage in 2021 differs from the 2017 rally, according to the CEO of StormX. 206 Total views 3 Total shares Cryptocurrency has gone through a number of bull and bear cycles since the industry’s inception in 2009. While 2017 saw the crypto industry boom around initial coin offerings and a rising Bitcoin (BTC) price,…

Australia introduces classification for crypto assets
The national regulators propose to distinguish four major types of products related to the crypto industry. 247 Total views 17 Total shares Own this piece of history Collect this article as an NFTFollowing the global regulatory race, Australia opened the public consultation on its own taxonomy of crypto assets. The national regulators propose to distinguish…

South Korea Will Keep ICO Ban, Says Financial Services Commission
South Korea will continue to ban initial coin offerings (ICOs) in the country, state financial regulator the Financial Services Commission (FSC) confirmed in a press release Jan. 30.Unveiling the results of a survey undertaken from September 2018, the body said it had discovered that firms conducting ICOs were making use of foreign jurisdictions, but still…

Bitcoin Hits $10K, Coinbase Controversy, Buffet with Buffett: Hodler’s Digest, Feb. 3–9
Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekBitcoin price hits $10,000 for the first time in 2020We’re back in…

Opportunities for Blockchain-Based Technologies in African Healthcare
One of the linchpins of the internet is the ability to access and share data seamlessly. Whether it’s financial metrics for an institution or something as innocuous as a meme, the internet’s distinct pathways of protocols and standardization are the ideal medium for exchanging information.That transmissibility of information has not translated well to specific industries,…