What the coming Bitcoin-futures ETF bonanza means for investors
The first US Bitcoin futures EFT is set to begin trading today. Will this exchange-traded fund bring Bitcoin closer to the masses?
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China fuels blockchain development despite stricter crypto ban
Authorities encourage new ways to apply blockchain across various industries, although there’s no room for crypto
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BTC price nears all-time-high as futures ETFs near approval
The U.S. could see a long-awaited Bitcoin futures ETF trading on the New York Stock Exchange and the Nasdaq in the next few days. Forkast.News spoke with market watchers to find out what it means for the industry.
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Chinese President Xi Jinping underscores blockchain importance in transport
Chinese President Xi Jinping said on Thursday at the United Nations Global Sustainable Transport Conference the country needs to uphold an innovation-driven approach and create more drivers for development. He specifically mentioned in his remarks the integration of blockchain. Fast facts Xi said more should be done to develop smart transport and smart logistics and…
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China’s Zhejiang province busts covert crypto mining operations — some within public entities
Hidden mining tracked by IP addresses to state agencies, enterprises, institutions, schools
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China Mobile launches a network-less E-CNY wallet
The state-run Industrial and Commercial Bank of China (ICBC) and telecommunications service giant China Mobile on Wednesday jointly announced the launch of a fiat digital-yuan hard wallet that allows equipped phones to transact in e-CNY without a mobile network. Fast facts The wallet, SIM Pay, is a super-SIM card with near-field communication (NFC) technology. NFC…
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Why global regulations for stablecoins can help catalyze crypto adoption
In this special Q&A, industry leaders tell Forkast.News why global stablecoin regulations can help catalyze crypto adoption.
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Hong Kong exhibition to showcase NFTs for good causes
An NFT art exhibition demonstrates how digital tokens can be used to promote United Nations sustainability goals.
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China’s state-backed blockchain network, U.S. firm team up to enhance CBDC efficiency
China’s Blockchain-based Service Network (BSN) — a public-private nationwide infrastructure project to spur mass adoption of blockchain technology — is partnering with a New York-based blockchain company to advance interoperability as BSN actively expands its global presence to lure more developers to use the blockchain network. Fast facts Cypherium, a smart contract technology provider focusing on central…
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Crypto lender Celsius bags US$400M despite regulatory heat
In spite of ongoing regulatory issues, cryptocurrency lender Celsius Network has raised US$400 million in an investment round pegging the valuation of the company at US$3 billion. Fast facts The funding was led by U.S. growth equity firm WestCap and Caisse de dépôt et placement du Québec (CDPQ), a global investment group. Celsius will use the funds to…