Inside China’s vision to globalize its currency
The central bank’s digital currency efforts, ironically, would give it more control over the economy.
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Privacy doesn’t equal anonymity on blockchain, says Concordium CEO
Identification on a protocol level could help blockchain become mainstream for blue-chip companies like MasterCard, Volvo and Geely if international regulations are met. Anonymity is “exactly what is hindering wider use of blockchain,” said Concordium CEO Lone Fonss Schroder.
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Chainlink among top crypto performers in October—Fintech Advisory Services report
The Fintech Advisory Services monthly report details the main crypto-metrics and indicators for the past month: News, Market Performance, Networks, Mining Activity, Public Sentiment, and Academic Publications. The report also covers the latest “Hot Topics” in the crypto space. This month: Facebook’s Libra, Telegram’s TON, China’s CBDC, and quantum computing.
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AI giants are exploiting your data. A new system can help you take back control
Building artificial intelligence is a game of “surveillance machine learning” that exploits common users’ data. But blockchain technology systems promise to help compensate users for it.
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How blockchain can save A.I.
There has been a resurgence of AI during the last five to six years. I use the word resurgence because we have had previous eras when AI was seen as being imminent. Alan Turing devised the eponymous Turing Test in 1950 and brought mainstream attention to the possibility of machines that could think. The Dartmouth…
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Gibraltar is pioneering creation of blockchain ecosystems, says FM
“We want to keep at the forefront of the regulatory framework to make sure that what we’ve got is fit for purpose and works well for our stakeholders.”
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Forkast.Focus | HKFinTechWeek: SFC Aims to Regulate Digital Asset Trading Platforms
Speaking from the main stage of Hong Kong FinTech Week, Securities Futures Commission (“SFC”) CEO Ashley Alder said the SFC will publish a new regulatory framework that would allow it to regulate virtual asset trading platforms. In a highly anticipated keynote speech at Asia’s largest global financial technology conference, Alder noted the new regulations will…
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Opinion | China Moving Full Speed Ahead with Digital Currency and Regulating Blockchain
While many other countries have been taking a back seat and waiting to decide how exactly they should approach blockchain technology, China has been proactively exploring its application in decentralized finance. This week China announced a certification system to regulate a broad range of fintech products. China is clearly priming itself to become a leader…
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Opinion | Brexit Uncertainty Triggers Forex Shifts
Facing mounting uncertainty surrounding Britain’s looming departure from the European Union, the British pound has experienced a period of considerable turbulence. As is commonplace with fiat currencies, political events often have a substantial impact on the value of the pound sterling (GBP). Recent developments in British politics are no exception. Recently on Sept. 24, the…
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Ethereum (ETHUSD) Daily MACD Trying to Positively Cross
Ethereum (ETHUSD) continued an ongoing bottoming effort this past week just below the psychologically key 200 whole figure level, trying to position for a more sustainable bounce as hinted by the bottomish weekly and daily RSI, Stochastics and MACD. Nevertheless, before bulls get excited, most will want to first see ETHUSD reclaim the September high. …