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China’s CBDC development ‘progressing smoothly’

China’s Central Bank Digital Currency (CBDC) has been one of the hottest topics in the financial industry for months now. Countries around the world are waiting for new updates, while they continue to search for every bit of information that...

Turkish regulators rushing to deliver crypto regulations

The world once again seems to be entering into a race, and this time, it is all about cryptocurrencies. After reports of China and Sweden developing their own CBDCs, Facebook’s announcement of Libra, and numerous countries’ efforts to catch up...

Can EOS gain 30% in January?

EOS has managed to gain more than 10% in value since the new year started. Today the coin is attempting to break above the 1-month high of $2.72 as it attempts to lay the groundwork for a more sustainable move...

The IMF urges the Philippine central bank to collect crypto transaction

According to recent reports, the International Monetary Fund (IMF) recently instructed the Philippine central bank to start collecting details regarding crypto transactions from exchanges. The advice came in a recent Technical Assistance Report, published December 30th, in which the IMF...

IRS’ new FAQ update might discourage cryptocurrency donations

The US Internal Revenue Service (IRS) recently introduced new changes to its FAQ, in an attempt to clarify the situation regarding donations made in cryptocurrency. However, the new updates may actually have negative consequences for crypto donations, rather than positive....

Venezuela now allows the purchase of its oil via its crypto Petro

According to recent reports, Venezuela plans to start allowing people to purchase its oil through its own oil-backed national cryptocurrency, Petro. The country’s own president, Nicolas Maduro, confirmed this, adding that precious and industrial metals will also be added to...

Why I wouldn’t invest in Ripple right now

Unlike Bitcoin (BTC), which rebounded sharply in 2019, Ripple (XRP) didn’t manage to sustain any gains it made throughout the year. Moreover, the world’s third biggest digital coin by market cap has decreased more than 46% in the previous year. ...

Binance launches new crypto trading pairs against EUR

Malta-based crypto exchange Binance is still one of the largest exchanges in the world, and it continues to work on attracting new clients and improving its services. The exchange’s first move in 2020 was to announce the addition of new...

Will Binance Coin Drop by 25% In January?

Binance coin (BNB) is setting up a technical pattern that may pave the way for a drop of around 25% in the coming weeks. Fundamentals Despite a strong previous year when the digital asset gained more than 120% in value,...

IMF sees huge potential for crypto adoption in the Philippines market

According to recent reports, the International Monetary Fund (IMF) recently encouraged the Philippines to work on the way the country collects transaction information regarding digital currencies. The IMF seems to believe that the country holds huge potential for cryptocurrency use...

Will Bitcoin continue to fall in January 2020?

Bitcoin has lost nearly 50% in value since it made its 2019 high of $13880 in June this year. The price continues to move lower as we get closer to the end of the year.  Google’s war with crypto continues...

Chinese crypto crackdown still in effect, regulators warn

The last few months have seen a number of blockchain-friendly headlines from China, as the country finally decided to open up and push the adoption of blockchain technology. More than that, the Chinese central bank is even developing its own...

Huobi launches new fiat-to-crypto subsidiary, Huobi Indonesia

According to Huobi’s Friday announcement, the exchange has just launched its fiat-to-crypto subsidiary in Indonesia. The new exchange — Huobi Indonesia — will offer users to enter into the crypto space through a Rupiah (IDR) and Tether (USDT) trading pair....

Russia uses regulatory sandbox to test stablecoins, might create CBDC

According to recent reports from Russia, the country’s central bank seems to have started conducting regulatory sandbox tests on stablecoin pegged to real estate. Furthermore, the country seems to be following in China’s footsteps, with potential plans to start its...

Google bans Ethereum’s dApp MetaMask

Google has been known for its caution regarding blockchain and cryptocurrencies for a while, now. The company banned crypto advertising some time ago, and many suspected that a similar fate might await other blockchain products. Now, those fears seem to...

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