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PwC Reports Huge Shift in M&A and Fundraising from US to Asia and EMEA in 2019

In 2019, crypto fundraising and M&As began migrating over to Asia, Europe and the Middle East and saw a lack of new VC investments as the majority of funding came from crypto firms within the industry, according to PwC’s latest report released on April 6. PwC Global Crypto Lead, Henri Arslanian discussed the 2nd Global Crypto M&A and … Continue reading PwC Reports Huge Shift in M&A and Fundraising from US to Asia and EMEA in 2019

Bitcoin's Correlation with S&P 500 at a Nine Year Peak, says Quantum Economics Founder Mati Greenspan

Mati Greenspan, founder of Quantum Economics believes the coronavirus pandemic has brought Bitcoin closer to the S&P 500 than ever before. During his presentation at Virtual Blockchain Week, crypto analyst Mati Greenspan explained that Bitcoin and legacy assets are increasing in correlation due to COVID-19. Greenspan incidentally also received high praise for his ability to … Continue reading Bitcoin's Correlation with S&P 500 at a Nine Year Peak, says Quantum Economics Founder Mati Greenspan

International Chamber of Commerce to Deploy Blockchain-Powered App for Tamper-Proof COVID-19 Compliance Status

International Chamber of Commerce (ICC) has partnered with International SOS, the globe’s biggest medical and travel security services firm, to establish a new blockchain-enabled mobile app dubbed ICC AOKpass. It will be instrumental in providing trusted and immutable recognition of persons’ COVID-19 compliance status.  People to get back on their feet By availing a tamper-proof … Continue reading International Chamber of Commerce to Deploy Blockchain-Powered App for Tamper-Proof COVID-19 Compliance Status

Crypto & the FATF Travel Rule: FinCEN Suggests Challenges in Governance, Not Technology

The Financial Action Task Force (FATF) Travel Rule has been in the center of attention lately, which concerns crypto transactions above a certain amount must be accompanied by identifying information.  The rule is an update to the existing FATF Recommendation 16, regarding cross-border and domestic wire transfers, and is intended to address the anti-money laundering … Continue reading Crypto & the FATF Travel Rule: FinCEN Suggests Challenges in Governance, Not Technology

India Darknet Policing Ramps Up Following Drug Racket Arrests

Law enforcement agencies in India are teaming up with national research and academic institutions to enhance their ability to police the darknet.  Indian law enforcement agencies are collaborating, as part of a think-tank, with academic institutions, technology startups, and research organizations to bolster darknet policing capabilities in the nation. According to the Hindustan Times, sources … Continue reading India Darknet Policing Ramps Up Following Drug Racket Arrests

President Trump Instructed Clamp Down on Bitcoin, Alleges Former National Security Advisor

John Bolton, a former national security advisor in the Trump administration, has purported that the US president ordered Treasury Secretary Steven Mnuchin to crack down on Bitcoin in mid-2018. As reported by the Washington Examiner on June 18, these claims are documented in Bolton’s book titled “The Room Where It Happened” that highlights his time … Continue reading President Trump Instructed Clamp Down on Bitcoin, Alleges Former National Security Advisor

JPMorgan and CNBC Jim Cramer Predict S&P 500 to Rally to New Highs, Bullish Bitcoin Trend to be Expected

JPMorgan predicts that equities could rally 47% from here, after its 40% rebound from its lows in March, hinting at a possible Bitcoin bull run. Strategists at JPMorgan recently suggested that Bitcoin successfully passed its “first stress test” during March’s global economic turmoil.  Bitcoin bull and CEO of an investment firm Dan Tapiero presented a … Continue reading JPMorgan and CNBC Jim Cramer Predict S&P 500 to Rally to New Highs, Bullish Bitcoin Trend to be Expected

Microsoft & EU Based Universities Believe Blockchain Can Achieve Paris Agreement Carbon Goals

The deployment of blockchain solutions across all spheres of industry, enterprise, and education represents a major turning point in human history in terms of technological disruption. With blockchain, industries such as financial services are finding alternative modes of cash transfers, with a gradual switching to cryptocurrencies. The use cases of blockchain technology are steadily transcending … Continue reading Microsoft & EU Based Universities Believe Blockchain Can Achieve Paris Agreement Carbon Goals

Crypto & the FATF: ING Develops Travel Rule Protocol for Tracking Crypto Transfers Ahead of FATF Plenary Meeting

The FATF has a wide range of recommendations, a total of 40 to ensure regulatory alignment between the compliance imposed on financial institutions and the regulations in its member states. The FATF Travel Rule is Recommendation 16, which has received a lot of attention from the crypto industry, especially virtual asset service providers (VASPs).  The … Continue reading Crypto & the FATF: ING Develops Travel Rule Protocol for Tracking Crypto Transfers Ahead of FATF Plenary Meeting

Bitcoin Could Follow S&P 500’s Potential Fall After Slight Bullish Trend from US Employment Report

Bitcoin showed signs of a slight bullish uptick in its first session in July and maintained a short-term positive correlation with the S&5 500.  Bitcoin price managed to climb a little bit higher on July 1, after mirroring the upside moves the S&P 500 made on the same day. The cryptocurrency rose 1.14 percent and … Continue reading Bitcoin Could Follow S&P 500’s Potential Fall After Slight Bullish Trend from US Employment Report

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