India’s long-awaited crypto regulation coming in February, finance ministry officials say
Recent developments indicate the government is looking to regulate the sector instead of quashing it, and industry experts remain optimistic.
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Tesla’s trillion-dollar triumph — and its bond with Bitcoin
Top blockchain and crypto news: Is Tesla’s turbocharge a boost for Bitcoin? Mastercard’s Bakkt with a new crypto deal. Chinese NFTs on knife-edge.
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Ripple launches first RippleNet ODL with Pyypl in the Middle East
San Francisco-based blockchain payments company Ripple has partnered with Pyypl, a blockchain-based financial services technology company in the Middle East and Africa, to use XRP for cross-border payments in the Middle East, according to a company statement. Fast facts The partnership with Pyypl marks RippleNet’s first-ever On-Demand Liquidity (ODL) deployment in the Middle East and…
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What will Ethereum prices be as 2021 ends?
As Ethereum surges to a new all-time high, 50 fintech experts surveyed by Finder offer predictions on ETH’s year-end and longer-term price outlook.
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Binance NFT launches initial game offerings
Binance NFT, the non-fungible token (NFT) marketplace of Binance, has launched Initial Game Offerings (IGOs) for customers to invest in gaming NFTs projects at an early stage, according to a Binance blog post. Fast facts The IGOs will feature NFT collections from top-tier gaming projects that are available exclusively on the Binance NFT marketplace, Binance…
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Tether to test anti-money laundering product
Tether Operations, the company behind Tether (USDT) — the largest stablecoin by market capitalization — today announced that it will be trialing Notabene’s crypto travel rule compliance product for cross-border stablecoin transfers. Fast facts USDT has a market capitalization of over US$70 billion and over US$64 billion in 24-hour trading volume, according to CoinGecko data.…
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Vitalik Buterin: Layer 2 is the future of Ethereum scaling
Ethereum’s creator explains why rollups can help scale Ethereum while preserving decentralization.
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Kazakhstan proposes to limit power consumption for new crypto miners as power deficit bites
Local miners told Forkast.News that existing legal miners won’t be much affected, though they’re still subject to power rationing.
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DBS, JPMorgan, Temasek-funded Partior goes live for cross-border transactions
The Singapore government-incubated blockchain platform promises to dramatically speed up transactions and lower the cost of international trade.
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Alipay and Tencent now call NFTs ‘digital collectibles’ amid state media criticism
Tech giants banish non-fungible token references as Beijing looks down new virtual asset market.