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Tag: currencies

Why Should Entrepreneurs Use Cryptocurrencies?

Entrepreneurs need to stay updated with new technologies and advancements made in the financial world. The trend of cryptocurrencies is going on, and...

Market Analysis Report (19 Jan 2021)

Bitcoin’s Volatility Helps Ether Close in on New All-Time High | CoinShares to Launch Bitcoin Exchange-Traded Product on SIX Swiss Exchange | Iran Seizes 45,000 Bitcoin Mining Machines After Closing Illegal Operations

IMF: Hanya 40 Bank Sentral di Dunia yang Berhak Menerbitkan Mata Uang Digital

Kanalcoin.com –  International Monetary Fund (IMF) menyampaikan kalau hanya ada sekitar 40 bank sentral di dunia yang mendapatkan hak secara hukum untuk menerbitkan mata uang digital. Hal tersebut dikarenakan ada beberapa undang-undang yang perlu diperhatikan tiap negara. International Monetary Fund (IMF) melalui para penelitinya telah melakukan pemeriksaan terhadap undang-undang bank sentral dari 174 anggota yang […]

The post IMF: Hanya 40 Bank Sentral di Dunia yang Berhak Menerbitkan Mata Uang Digital appeared first on Kanalcoin.

CBDCs Are Not Real Money, Says IMF Survey Respondents 

IMF Explores the Synergies Between Privately Backed Stablecoins and CBDCs
IMF Explores the Synergies Between Privately Backed Stablecoins and CBDCsAn online survey conducted by the International Monetary Fund (IMF), has revealed that a good number of people across the globe do not see central bank digital currencies (CBDCs) as a real alternative to national fiat currencies.  CBDCs Not Real Money  At a time when bitcoin (BTC) and other cryptocurrencies are increasingly gaining popularity with
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GateHub Launches ‘Wallet Protect’ for XRPL Users

The launch will provide improved security solutions for XRP Ledger (XRPL) wallets. According to a recent blog post, the service will accommodate over 1.5 million GateHub customers and become the largest XRPL portal.  GateHub Reveals the Launch of Wallet Protect The development will allow for settlements across various mediums, including cash payments, commodity assets, and … Continued

The post GateHub Launches ‘Wallet Protect’ for XRPL Users appeared first on BeInCrypto.

PayPal May Earn $2 Billion in Revenue from Bitcoin Alone By 2023

Paypal’s Move to Crypto Might Is not What it Seems, Here’s the ‘Catch’
Paypal’s Move to Crypto Might Is not What it Seems, Here’s the ‘Catch’Dan Dolev, an analyst with Mizuho, predicts PayPal to earn $2 billion in revenue by 2023 from Bitcoin alone, MarketWatch reported on Jan 15. Support for Cryptocurrencies is a Boost In late October, PayPal–a US-based payment processing company–announced their support for cryptocurrencies. They first allowed clients in the United States to trade and hold several
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Ten Key Takeaways from the NDAA’s AML Reforms

On January 1, 2021, the United States enacted the National Defense Authorization Act for Fiscal Year 2021 (NDAA) after the US House of Representatives and US Senate voted to override a presidential veto of the law. Included within the NDAA are a significant number of provisions related to anti-money laundering (AML) and countering the financing... Continue Reading

Are CBDCs considered to be ‘real money’?

As cryptocurrencies cement their position in investor's portfolios, nations around the world are also showing great interest in digital currencies that are backed by fiat currencies. The idea of a Cen

The post Are CBDCs considered to be 'real money'? appeared first on AMBCrypto.

The Three Factors That Could Topple The Recent Bitcoin Rally

Bitcoin has held above $30,000 for nearly two full weeks, and the former all-time high of $20,000 seems like a distant memory. But there are three factors that are only growing in threat that could topple the epic bull run the cryptocurrency has been on. Bitcoin Holds Above $30,000 For Almost Two Weeks, But Strength Could Be Waning The leading cryptocurrency by market cap has yet to experience any sizable pullbacks beyond 25%. For an […]

Maps.me Raises $50 Million Funding Led by Alameda Research

Maps.me Raises $50 Million Funding Led by Alameda Research
Maps.me Raises $50 Million Funding Led by Alameda ResearchOffline mapping app Maps.me has raised $50 million in a funding round led by quantitative trading firm Alameda Research. The funding was launched with the goal of creating a DeFi ecosystem within the map app. Maps.me had also corrected previous reports that stated this was a seed round, when in fact, it is “an investment
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Bitcoin, Ether, Major Altcoins – Weekly Market Update January 18, 2021

The total crypto market cap added $82 billion to its value for the last seven-days and now stands at $1.008 trillion. The top 10 currencies showed mixed results for the same time period with Polkadot (DOT) and Chainlink (LINK) adding 83.7 and 34.3 percent to their values respectively while Bitcoin Cash (BCH) erased 21.3 percent.
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China’s Blockchain Service Network outlines plans for a global network to support CBDCs.

China’s Blockchain Service Network outlined an audacious plan for a global network that will support future central bank digital currencies from multiple countries. The national blockchain network aims to build the universal digital payment network (UDPN) in five years, starting with a beta version in the second half of 2021. The outline does not mention […]

Read full post China’s Blockchain Service Network outlines plans for a global network to support CBDCs. on Chaintimes.com.

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