China is aiming to carry out the initial real-world trial of its central bank digital currency (CBDC), according to local news outlet Caijing. The initial test for the CBDC is scheduled for Shenzhen before the end of the year, possibly including the city of Suzhou as well. With the support of the People’s Bank of…
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LMAX Digital, the institutional spot crypto currency exchange and part of the LMAX Exchange Group, announced that it has started providing real time trading volumes to TradeBlock, a provider of institutional trading tools for digital currencies. This move makes LMAX Digital the first institutional exchange to go live with real-time volumes on TradeBlock. Jenna Wright, Head of…
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For the past few years, critics of the new digital age, driven by blockchain technology and cryptocurrencies, have continually asked where are the “use cases” that prove efforts in this new sector have been worthwild? 2019 has become a year where results from years of investment in research and development in crypto related activities have…
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It has been said that hindsight is often clearer than foresight, and a bit cleverer, too. A case in point is the recent crackdown by Chinese authorities on crypto exchanges throughout the Middle Kingdom. Press reports were quick to shout, “Blockchain, not Bitcoin”, as if the entire wrath of the government was directed at the…
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The British Virgin Islands and blockchain company LIFElabs.io are partnering to launch the BVI~LIFE digital coin. According to the press release from December 3, the launch of the currency is part of a broader effort to grow the financial technology sector. The initiative is to be presented at the BVI Digital Economy symposium on December 3rd.…
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It is no surprise that Tezos (XTZ) skyrocketed, as Binance is set to launch the "zero-fee" staking of XTZ today. Tezos is an open-source blockchain project that basically evolves by upgrading itself. What this means is that the digital coin can have its updates without going through a hard fork. The staking service that Binance…
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Alibaba Cloud and the Credits blockchain platform have teamed up to revolutionize the Chinese logistics market with blockchain. The companies will develop software and hardware solutions for solving the payment and trust issues currently present in the Chinese market. The partnership will see the use of modern, innovative business models such as 3PL. What this…
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The NASDAQ-listed asset management company WisdomTree and online Swiss bank Swissquote Group Holding SA (SWX:SQN) have just announced that they have launched an Exchange Traded Product (ETP) investing in Bitcoin on the Swiss stock exchange SIX. The product is physically backed by Bitcoin. The product is immediately tradable at SIX for professional investors in USD (ticker: BTWC) and…
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SoftBank has been recently in the news primarily because of the WeWork "ordeal". However, the Tokyo-based conglomerate has now entered the blockchain space by releasing a debit card with built-in blockchain wallet. The card is developed in collaboration with the US-based wallet developer company called Dynamics. The product is names SBC Wallet Cards and it…
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While many wonder what would happen to the price of Bitcoin, very few investors think about where the next boom of the crypto would come from. It is not only the price that would determine the next step for Bitcoin, but also the developments that would come in due course. According to Jack Dorsey, the…
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