Cryptocurrency

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Who Needs Cryptocurrency FedCoin When We Already Have a National Digital Currency?

UKRAINE – 2020/02/27: In this photo illustration one hundred US dollar banknotes are seen displayed. … [+] SOPA Images/LightRocket via Getty Images The cryptocurrency enthusiasts are at it again, with a new name and even more ambitious goals than before: now they want a national digital currency.

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Alibaba, Tencent, Five Others to Receive First Chinese Government Cryptocurrency

Alibaba, Tencent, Five Others to Receive First Chinese Government Cryptocurrency

China’s central bank will launch a state-backed cryptocurrency and issue it to seven institutions in the coming months, according to a former employee of one of the institutions who is now an independent researcher.

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Facebook Might Delay or Cancel Libra Cryptocurrency Launch

Facebook Might Delay or Cancel Libra Cryptocurrency Launch

Share Facebook’s drive to create its own worldwide cryptocurrency might have hit a brick wall. The company said that Libra’s planned 2020 launch might be delayed – or it might not ever happen at all.

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Facebook’s Audacious Pitch for a Global Cryptocurrency

Facebook’s Audacious Pitch for a Global Cryptocurrency

If you wanted to make a lot of money, quickly, you could not have done much better than to have bought bitcoin in September, 2017. At the time, the cryptocurrency was trading at just under four thousand dollars; three months later, it topped out at more than nineteen thousand dollars.

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China’s ‘Pays’ Could Lead a Crypto Market, but the Government Won’t Let Them

China’s ‘Pays’ Could Lead a Crypto Market, but the Government Won’t Let Them

China appears to have a lot of the advantages to pull off a move similar to Facebook Libra, but there are plenty of factors working against it.

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Bitcoin vs Libra: Here Are the Key Differences Between the Two Cryptocurrencies

Bitcoin vs Libra: Here Are the Key Differences Between the Two Cryptocurrencies

(MENAFN – FxPro) Facebook has made headlines of late with its plans to create a cryptocurrency. The social media company has been forced to defend the project on Capitol Hill, amid regulatory concerns around data privacy and potential illegal usage, while the G-7 has warned it poses ‘serious’ legal risks.

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How Cryptocurrencies Can Replace Other Pay Options

How Cryptocurrencies Can Replace Other Pay Options

Cryptocurrencies live in a volatile, roller-coaster world, which Facebook is seeking to change with its new Libra digital money. The new digital currency will be overseen by a nonprofit association and backed with real assets to serve as a reliable, stable form of globally accepted money that lives essentially on smartphones.

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Samsung Furthers on Its Positive Stance on the Cryptocurrencies

Samsung Pay accounts for nearly 80 percent of the market payments in South Korea. Cryptocurrency integration is considered to be an essential strategy for Samsung to expand on its user base. A significant percentage of the South Korean population is keen on cryptocurrencies.

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Is a New Wave of Cryptocurrencies Coming?

Is a New Wave of Cryptocurrencies Coming?

Move over bitcoin. According to the Guardian Newspaper (UK): Facebook is planning to launch its own cryptocurrency in early 2020, allowing users to make digital payments in a dozen countries. Payments is one of the areas where we have an opportunity to make it a lot easier, Zuckerberg told the company’s developer conference last month.

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Pakistan Introducing Regulations, Licensing Scheme for Crypto Firms

Pakistan Introducing Regulations, Licensing Scheme for Crypto Firms

Pakistan is putting in place regulations for the cryptocurrency industry. The Express Tribune, citing finance ministrysources, Monday that the nations federal government has decided to bring in Electronic Money Institutions (EMIs) regulationsfollowing recommendations from the Financial Action Task Force (FATF).

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Monetary Authority of Singapore Seeks to Introduce Regulation for Cryptocurrency Exchange Services

Monetary Authority of Singapore Seeks to Introduce Regulation for Cryptocurrency Exchange Services

Monetary Authority of Singapore seeks to introduce regulation for cryptocurrency exchange services The Monetary Authority of Singapore (MAS) is seeking to introduce a regulatory framework for cryptocurrency exchange services.

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SA Reserve Bank Proposes Tougher Regulations for Cryptocurrency

SA Reserve Bank Proposes Tougher Regulations for Cryptocurrency

South Africans continue to use cryptocurrencies and getting benefits of digital currency, but proposed regulations aim to introduce tougher regulations for crypto assets. The South African Reserve Bank (SARB) has published a Consultation Paper on Policy Proposals for Crypto Assets in the country.

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