Multi-asset exchange wins crypto trading license in Bermuda
Bermuda Premier David Burt said that 24 Exchange’s regulatory approval is the “first license of its kind to be issued in Bermuda.” Go to Source Powered by WPeMatico
Month: July 2021
China Offers Medics Digital Yuan Insurance Policy for Covid-19
China’s first insurance policy using the digital yuan for settlement has been issued in Shenzhen, local media reported. The new product, targeting medical personnel exposed to coronavirus risks, is offered by the country’s largest insurer, Ping An. The financial giant also has fintech and healthtech entities under its umbrella. Ping An Teams Up With Bank … Read more
It is time for the US to create a ‘Ripple test’ for crypto
The SEC’s approach to crypto must be modified to more clearly articulate how securities laws should apply to digital assets. Go to Source Powered by WPeMatico
US Senators Seek to Forbid American Athletes From Receiving and Using Digital Yuan During Beijing Olympics
Three U.S. senators have urged the United States Olympic & Paralympic Committee to forbid American athletes from receiving or using digital yuan during the Beijing Olympics. Raising many concerns, including privacy, they warned, “Olympic athletes should be aware that the digital yuan may be used to surveil Chinese citizens and those visiting China on an … Read more
GPU price inflation dips slightly as Ether downtrend continues
With Ether sinking below $2,000, the price of graphics cards has seen a further decline from June to July. Go to Source Powered by WPeMatico
HOPR Staking Lets You Earn Rewards and NFTs While Supporting Data Privacy
The HOPR protocol provides network-level and metadata privacy for every kind of data exchange. Designed to be better than TOR, the mixnet protects the identity of both sender and recipient by routing data via multiple intermediate relay hops that mix traffic. Now the project launches staking with NFT rewards and you can earn over 18.25% … Read more
Kraken CCO will join crypto exchange Bitstamp to run US operations
“We doubled our U.S. team in 2021 and expect to triple the team by 2022,” said Robert Zagotta. Go to Source Powered by WPeMatico
Bitcoin security still a concern for some institutional investors
Security of cryptocurrency custodial services is still among significant hurdles preventing institutional investors from buying crypto for the first time, new data suggests. Go to Source Powered by WPeMatico
Trading firm of richest crypto billionaire reveals buying ‘a lot more’ Bitcoin below $30K
Alameda Research, headed by Sam Bankman-Fried, whose net worth lately reached over $8 billion, has upped its Bitcoin buying around its key psychological support of $30,000. Go to Source Powered by WPeMatico
Digital yuan pilots expand to insurance industry for the first time
China’s central bank digital currency can now be used on insurance policies that offer various levels of compensation for diagnosis of or death due to COVID-19. Go to Source Powered by WPeMatico