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Elizabeth Warren Urges Treasury Secretary Yellen to Implement Strong AML/CFT Measures for Stablecoins

In a letter addressed to Treasury Secretary Janet Yellen, US Senator Elizabeth Warren has expressed her support for the implementation of robust Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) measures for stablecoins. Warren’s letter emphasizes the importance of adopting the full suite of AML tools requested by the Treasury Department in a November … Continue reading Elizabeth Warren Urges Treasury Secretary Yellen to Implement Strong AML/CFT Measures for Stablecoins

Belt and Road Initiative – Hong Kong the Gateway for RMB Internationalization

The Belt and Road Initiative (BRI) is a transcontinental long-term policy and investment program which aims at infrastructure development and acceleration of the economic integration of countries along the route of the historic Silk Road.  BRI was unveiled in 2013 by China’s President Xi Jinping and, according to the Belt and Road Portal, the massive project will … Continue reading Belt and Road Initiative – Hong Kong the Gateway for RMB Internationalization

Twitter Takes on Decentralization with New Social Media Development Project

Twitter CEO Jack Dorsey is working on an initiative to decentralize social media, also known as ‘BlueSky,’ alongside five other programmers. Previously, Twitter was known for its decentralized aspect in its early days, and many of its users advocating for it to be that way. With time, the company was influenced by the development of … Continue reading Twitter Takes on Decentralization with New Social Media Development Project

South Korean Advocates for Institutionalization of Cryptocurrencies via Bitcoin Derivatives

A South Korean commission dubbed the Fourth Industrial Revolution Commission has proposed that the government ought to permit financial institutions to establish cryptocurrency-based products, such as Bitcoin derivatives. As reported by Business Korea on Jan. 6, the presence of Bitcoin derivatives will be instrumental in the long-term institutionalization of cryptocurrencies.  The Growth of Digital Finance … Continue reading South Korean Advocates for Institutionalization of Cryptocurrencies via Bitcoin Derivatives

Harvard Blockchain Lab Applauds Fight to Fame Model for True Realization of Decentralized Ecosystem

Fight to Fame, a blockchain-based entertainment platform has been praised by the Harvard Blockchain Lab for consistently presenting decentralized events, online malls, movies, and action star reality shows. According to the release shared with Blockchain.news, it uses a BMS business model in the production of action movies, and fans are empowered by the FF Token … Continue reading Harvard Blockchain Lab Applauds Fight to Fame Model for True Realization of Decentralized Ecosystem

Banking on Blockchain: FinTech and Digitalization Will Play a Significant Role for the Chinese Banking Industry

China’s banking industry for small to medium-sized enterprises (SMEs) will rely on digitization and financial technology to build a “new infrastructure” for the entire industry.  Highly endorsed by the country’s president, Xi Jinping, blockchain technology has seen a surge in popularity in the past year. Xi pointed out that it is necessary to strengthen the … Continue reading Banking on Blockchain: FinTech and Digitalization Will Play a Significant Role for the Chinese Banking Industry

Algorand’s Listing on Coinbase Sparked 30% Price Surge and New All-Time High Market Capitalization

US cryptocurrency exchange Coinbase has listed Algorand on its platform. According to the Coinbase announcement, Algorand (ALGO) has been made available on Coinbase.com and its Apple and Android apps. ALGO was previously listed on Coinbase Pro in August 2019, and the push for Algorand to be listed on Coinbase was due to the majority of … Continue reading Algorand’s Listing on Coinbase Sparked 30% Price Surge and New All-Time High Market Capitalization

Altcoin Market Capitalization to Expect the Biggest Impulse Wave Since 2017, ETH Price to Surge

Following the Bitcoin price surge, the world’s largest cryptocurrency has attracted most of the attention during the recent crypto rally. Bitcoin, being able to record a new all-time high, reaching above $24,000 for the first time in history, stole a lot of the limelight in the cryptocurrency ecosystem.  During the recent cryptocurrency rally, many large … Continue reading Altcoin Market Capitalization to Expect the Biggest Impulse Wave Since 2017, ETH Price to Surge

Institutional Investors Own 16% of Bitcoin’s Realized Market Capitalization

Bitcoin (BTC) is set to end the year on a high after making a bull run that has made it skyrocket to the $28,000 mark on Christmas weekend. It is still going strong, although it has since slid back to trade at $26,665.41 at the time of writing, according to CoinMarketCap.  Thanks to substantial institutional … Continue reading Institutional Investors Own 16% of Bitcoin’s Realized Market Capitalization

Ripple’s CEO Argues XRP Decentralization: Are Bitcoin and Ethereum Really Controlled by China?

Ripple is under attack from the United States Securities and Exchange Commission (SEC) which is claiming XRP is a security, while it maintains that Bitcoin and Ethereum are commodities due to their decentralization—a distinction that is unwarranted according to Ripple CEO Brad Garlinghouse. As the SEC pursues Ripple in a lawsuit over the alleged sale … Continue reading Ripple’s CEO Argues XRP Decentralization: Are Bitcoin and Ethereum Really Controlled by China?

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