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LeXpunK Army contended that the CFTC has to directly serve legal proceedings against the people that are speculated to be behind the Ooki DAO breeches, instead of the community itself. Decentralized Autonomous Organizations (DAOs), concerned with digital currency token voting for managerial bill authorization, are not individuals and need not
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Australian Treasurer James Edward Chalmers mentioned that his administration is focused on enhancing the nation's crypto property regulatory pattern while guaranteeing maximum customer security. Barely three months after the vote, the newly elected Australian Labor Party has unveiled its outlook on regulating cryptocurrency assets. Current Treasurer James Edward
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You might have seen bitcoin being described as a digital gold in some instances and as a digital currency in others. You might have also wondered which one is it now? In this guide, you will find out whether bitcoin is digital gold, a digital currency, or both. Is Bitcoin
Bitcoin
With the race for central bank digital currencies (CBDC) heating up globally, Germany's Minister of Finance has urged the European Central Bank (ECB) to fast track its development of a digital euro. According to reports by Reuters, finance minister Olaf Scholz wants the ECB to move faster with
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The proposed Libra stablecoin by social media giant Facebook could go live by January 2021, according to a report by The Financial Times. The FT report cites confirmation from three people involved with the project. According to one of its sources, the Libra digital currency will be released in phases
Bitcoin
Senator-elect and first female representing Wyoming Cynthia Lummis has again voiced her support for Bitcoin (BTC) saying she hopes to "bring bitcoin into the national conversation." Speaking at a recent interview on ABC News, the incoming senator narrated her experience as a former state treasurer and her reasons
Bitcoin
Lebanon central bank governor has revealed plans to launch a digital currency for the country by 2021. The proposed digital currency is a response to the freefall of the country's fiat currency - the Lebanese Lira which has seen the nation struggle with economic and financial crisis. Speaking
Bitcoin
Jack Ma - Chinese billionaire and co-founder of Alibaba Group at a recent event described digital currencies as an important player in the new global financial system. Speaking at the Bund Financial Summit, Jack Ma who owns China's biggest e-commerce company said "digital currency could create value
Bitcoin
Brief: The Sindh High Court (SHC) - the highest Judicial body in the Pakistani province of Sindh has taken up a petition challenging a ban on the use of digital currency in the country and directed the federal government, the State Bank of Pakistan (SBP), and the Federal Investigation Agency
Bitcoin
The European Union (EU) will introduce a new set of rules within the next four years to promote quicker and cheaper cross-border payments through the use of blockchain technology and cryptocurrency. This development was revealed in two (2) documents by the European Commission where it sets out its strategy to
Education & News
As China continues to make progress with its proposed Central Bank Digital Currency (CBDC), recent reports suggest the Asian giant plans to use the currency at the 2022 Winter Olympic Games. According to a report by Reuters, the People's Bank of China (PBOC) - the Chinese Central Bank
Bitcoin
The Central Bank of Philippines - Bagko Sentral ng Pilipinas (BSP) is weighing the feasibility of issuing its own national digital currency. According to reports by Bloomberg, the country's apex bank has set up a committee to study digital currencies and policies surrounding CBDC issuance. The committee is