VanEck, SolidX to Sell ‘Limited’ Bitcoin ETF to Institutions

While the United States Securities and Exchange Commission (SEC) once again delayed the decision regarding the Bitcoin exchange-traded funds (ETFs), the investment management firms are planning to sell a “limited version” to institutional investors on Sep 5th.      VanEck and Solid X revealed that they have a workaround to bypass regulatory issues and are using an SEC exemption … Continue reading VanEck, SolidX to Sell ‘Limited’ Bitcoin ETF to Institutions

China's DCEP Testing Limited to Small Retail Transactions for Now

The People’s Bank of China (PBoC) has affirmed that the testing of its flagship Digital Currency Electronic Payment (DCEP) project is concentrated only on small scale transactions for now. As reported by the Global Times, the clarification came in order to quell rumors making the rounds with respect to the scale of the DCEP phase … Continue reading China's DCEP Testing Limited to Small Retail Transactions for Now

Facebook to Launch Libra Cryptocurrency in January 2021, But in Limited Format

According to The Financial Times, the Libra cryptocurrency being developed by Facebook’s Libra Association could be launched as early as January next year but in a limited format. In April this year, Libra Association, which now has 27 members including Facebook, intended to unveil an electronic version of several traditional currencies, plus an electronic digital … Continue reading Facebook to Launch Libra Cryptocurrency in January 2021, But in Limited Format

Central Banks Doubt Cryptocurrency Limited Role in Reserve Operations

According to a Swiss-based UBS investment bank survey, central banks are sceptical to cryptocurrencies and supplant gold as a safe store of value. UBS’s research surveyed 30 major central banks. The study shows that almost 85% of central bank reserve managers do not expect crypto-assets to replace gold in their currency reserves.   Furthermore, over … Continue reading Central Banks Doubt Cryptocurrency Limited Role in Reserve Operations

Russian Blanket Crypto Ban May now be Limited to PoW Mining Activities

New reports emerging out of Russia now suggest that the Central Bank of Russia (CBR) is looking to amend its proposed plans to enact a blanket bank on digital currencies. Per local news channel, Vc.ru, the apex bank is adamant on its ban, but may notably limit the move to Proof-of-Work (PoW) mining activities which … Continue reading Russian Blanket Crypto Ban May now be Limited to PoW Mining Activities

Bit Origin Limited Signs LOI to Acquire 30.62% Equity Interests in Horizon Mining Ltd

Bit Origin Limited, an emerging cryptocurrency mining firm based in the US, has announced recently that it has signed a Letter of Intent (“LOI”) to acquire 30.62% equity interest in Horizon Mining Ltd- an operator of a crypto mining site located in Macon, Georgia. Bit Origin seeks to make the acquisition to further facilitate its … Continue reading Bit Origin Limited Signs LOI to Acquire 30.62% Equity Interests in Horizon Mining Ltd

Automobili Lamborghini drops its limited edition "World Tour" themed NFTs this October

New York City, United States of America, 20th October, 2022, Chainwire Fasten your metaversal seatbelts, as Automobili Lamborghini is releasing a series of limited edition ‘World Tour’ themed NFTs this October. In collaboration with Web3 Pro™ and INVNT.ATOM™ (the Web3-focused digital innovation division of [INVNT GROUP]™), the iconic Italian company will release four unique “World tour” themed NFTs available for … Continue reading Automobili Lamborghini drops its limited edition "World Tour" themed NFTs this October

Lamborghini To Drop World Tour Limited Edition Themed NFT

Following its collaboration with Web3 Pro™ and INVNT.ATOM™, Lamborghini is set to release four limited editions “World tour” themed NFTs that comes with unique utilities and reflects the true fortune of the Italian luxury car company’s history. The four limited NFTs have three based NFTs and one rare NFT. There are only 1,963 of the … Continue reading Lamborghini To Drop World Tour Limited Edition Themed NFT

MintMe.com Coin Secures 25 Million Dollars Investment Commitment From GEM Digital Limited

Belize City, Belize, 27th October, 2022, Chainwire GEM Digital Limited commits 25 Million Dollars to MintMe.com Coin. MINTME rose by over 50,000% in the last two years, and such news will only speed up its march to the top. MintMe, with over 70 000 users growing against the bear market, was built to serve as an … Continue reading MintMe.com Coin Secures 25 Million Dollars Investment Commitment From GEM Digital Limited

Just four men controlled 86% of stablecoin issuer Tether Holdings Limited

According to data obtained by The Wall Street Journal in connection with investigations being carried out by authorities in the United States, as of the year 2018, only four people owned 86% of the stablecoin issuer Tether Holdings Limited. These investigations are being carried out by authorities in the United States. The previously unknown ownership … Continue reading Just four men controlled 86% of stablecoin issuer Tether Holdings Limited

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