Tag: Bitcoin

  • Beyond 2020: How blockchain is reshaping our economic, environmental and social orders Pt I

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    By Laura Desmond In this series we look past 2020 to what the future holds for cryptocurrency beyond speculation to the original ethos of crypto and the cypherpunk movement — to redesign our economic, social and political structures . We also explore how we could finally decouple the dual role of store of value from medium of exchange […]

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  • Why Cryptocurrency is the Next Operating System for Capitalism

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    Money won’t last forever — that is guaranteed It didn’t exist when exchange evolved to become a feature of humanities first economic system, nor will it persist when there is no advantage to using it. That time is approaching far quicker than traditionalists care to admit. The reality is that our evolution to a largely cashless society […]

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  • Indonesia’s Commodity Futures Regulator Releases Regulation for Crypto Futures Market

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    Indonesia’s commodity futures regulator has established a legal framework for operating cryptoand digital assets futures markets, according to an official press release published on Feb. 18. The Indonesian Commodity Futures Trading Supervisory Agency (Bappebti), which operates under Indonesia’s Ministry of Trade, has officially required multiple entities involved in crypto futures trading to seek regulatory approval […]

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  • JP Morgan is rolling out the first US bank-backed cryptocurrency to transform payments business

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    Engineers at the lender have created the “JPM Coin,” a digital token that will be used to instantly settle transactions between clients of its wholesale payments business. Only a tiny fraction of payments will initially be transmitted using the cryptocurrency, but the trial represents the first real-world use of a digital coin by a major […]

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  • Crypto Bear Market Affecting Venture Capital Valuations

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    Venture capital (VC) valuations have been deeply affected by the cryptocurrency bear market, sais Jalak Jobanputra, founding partner of Future Perfect Ventures. Jobanputra commented on the current state of venture capital in the crypto space in an interview with Fortunes’ Balancing the Ledger on Feb. 11. When asked whether there is a trend of discounted […]

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  • Mauritius to License Crypto Custodians Starting in March

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    Mauritius will soon license digital asset custodians as part of its plan to create a fintech hub “in and for” Africa. In an announcement Friday, the island nation’s Financial Services Commission (FSC) said that, after publishing draft rules in a consultation paper in November 2018, the framework has now been finalized and will come into effect on […]

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  • South Korean cryptocurrency exchanges pool data to counter money launderers

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    Laundering funds with cryptocurrencies in South Korea could soon become a thing of the past if four of the country’s exchanges have their way. According to a local media report, Bithumb, Upbit, Corbit and Coinone have cobbled together to share ‘real-time’ wallet information on any suspicious activity linked to phishing attempts and pyramid schemes. It comes […]

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  • Was November the Last Big Bitcoin Sell-Off? Trader Expects Slow Grind in 2019

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    By CCN.com: According to a trader and crypto technical analyst, November 2018 may have been the last sell-off of Bitcoin and a long consolidation period is expected throughout 2019. Since experiencing a steep 13 percent drop on January 10 from $4,036 to $3,502, the Bitcoin price has been relatively stable in a tight range in mid-$3,000. What Does […]

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  • Malaysian Cryptocurrency Regulation to Classify Digital Assets, Tokens as Securities

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    Malaysian cryptocurrency regulation comes into effect on Tuesday, Reuters reports on Monday, Jan. 14. The Malaysian finance minister, Lim Guan Eng, reportedly said today that the Capital Markets and Services Order 2019 would become effective on Jan. 15. According to Reuters, the new regulation classifies digital currencies, tokens and crypto-assets as securities, placing them under the Securities Commission’s authority. Starting […]

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  • Japanese Regulators Grant Cryptocurrency Exchange License to Coincheck

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    Japan’s finance regulator, the Financial Services Agency (FSA), has granted full permission for cryptocurrency exchange Coincheck to continue operating in the country. Cointelegraph Japanreported on the development on Jan. 11, quoting an official communique. Coincheck, which was hacked in January 2018, losing altcoin tokens worth $530 million at the time, now joins the slowly increasing number of officially sanctioned exchanges serving the Japanese market. The […]

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