Singapore’s DBS bank becomes first in Asia to offer crypto exchange
As bitcoin and other digital assets go mainstream, traditional banks want a piece of the action. Singapore’s crypto-friendly regulations are paving the way.
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China’s blockchain network adds CBDC payment layer, ConsenSys as partner
BSN’s new digital payment network will be a boon to Ethereum, stablecoins and CBDCs like China’s DCEP digital yuan while keeping other cryptos out.
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China’s DCEP digital yuan wraps up another mass test
Now renamed e-CNY, China’s new digital yuan has now been tested by 250,000 shoppers in two cities. Is it finally close to launch?
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Janet Yellen clarifies stance, notes ‘benefits of cryptocurrencies and other digital assets’
In written testimony, the US Treasury Secretary-nominee calls digital assets ‘fintech innovations’ and pledges to ‘encourage their use for legitimate activities.’
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Special series: blockchain, Covid-19 and the future of healthcare | Prologue
Over the next few weeks, Forkast.News will publish a special 5-part series on blockchain’s growing role in the global battle against Covid. Here is an overview.
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How blockchain technology can help revive air travel | Part 1
In Part 1 of a special series on blockchain, Covid and healthcare, Forkast.News examines how the technology fosters greater trust in traveler health records.
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Biden halts FinCEN’s proposed crypto wallet reporting rules
On his first day in office, President Biden put a freeze on all new or pending Trump-era rules, including rules for crypto, and asked for a review.
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Biden’s American Rescue Plan. Crypto’s regulatory outlook in 2021. How not to lose your bitcoin password (don’t ask Stefan Thomas).
Other top blockchain and cryptocurrency news: Twitter’s blue sky initiative. In China, Conflux Network wins another government deal.
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Treasury pick Janet Yellen: Crypto crimes are ‘particular concern’
In her Senate confirmation hearing, the US Treasury secretary nominee and bitcoin critic also decried crypto’s role in money laundering and terrorism.
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MIT professor Gary Gensler is chosen to lead US SEC
President-elect Joe Biden has named the former CTFC chief to lead the SEC. What does this mean for Ripple and other crypto firms?