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DOJ's Crypto Regulation Report Overview: Bitcoin, Tether, Ether, Litecoin, and Ripple

DOJ's Crypto Regulation Report Overview: Bitcoin, Tether, Ether, Litecoin, and Ripple

US authorities are tightening regulations on cryptocurrencies. Here is an overview of what their recently released report suggests.

Bitcoin Can Be Used by Corporate Investors to Manage the “Impact of Monetary Inflation"- MicroStrategy

Bitcoin Can Be Used by Corporate Investors to Manage the “Impact of Monetary Inflation"- MicroStrategy

MicroStrategy CEO Michael Saylor explains that firms are acquiring Bitcoin as a strategy to hedge against the impacts of monetary inflation.

Fidelity Report: Reflexivity and Investor Sentiment are Main Factors Influencing Bitcoin Price

Fidelity Report: Reflexivity and Investor Sentiment are Main Factors Influencing Bitcoin Price

Fidelity Digital Assets just released a report on Bitcoin's role as an alternative investment indicating almost no correlation with traditional markets. So what drives BTC's price?

MAS Announces Project Ubin’s Successful International Settlement Network in its Final Phase Report

MAS Announces Project Ubin’s Successful International Settlement Network in its Final Phase Report

The Monetary Authority of Singapore (MAS) and government-owned conglomerate Temasek released the final report of the Singaporean CBDC project, Project Ubin. The report is the fifth and final phase of Project Ubin, Singapore’s blockchain-based multi-currency payments network prototype that was built for the financial industry and blockchain ecosystem.

Ripple CEO Says DOJ Report Offers No Regulatory Clarity, XRP Price Not Influenced

Ripple CEO Says DOJ Report Offers No Regulatory Clarity, XRP Price Not Influenced

The tightening regulations on cryptocurrency raise many concerns in the community, the DoJ’s new guidance around cryptocurrency enforcement has Ripple’s CEO concerned.

KYC on Exchanges Powerless Against PlusToken Ponzi Scammers According to New Report

KYC on Exchanges Powerless Against PlusToken Ponzi Scammers According to New Report

The PlusToken Ponzi scheme operators are using regulated KYC compliant exchanges to dump their cryptocurrency according to an updated report by investigative firm OXT Research.

World First Crypto Bank Sygnum Receives Approval To Offer Banking Services In Singapore

World First Crypto Bank Sygnum Receives Approval To Offer Banking Services In Singapore

Sygnum has been granted approval by the Monetary Authority of Singapore (MAS) to operate digital markets/banking services in the country

Blockchain Brings Monetary and Financial Freedom

Blockchain Brings Monetary and Financial Freedom

We look at three key aspects (money form, money issuance, and the flow of money) of our monetary and financial system where the blockchain technology may have a major impact

MAS Completes CBDC Project Ubin Phase 5, Blockchain Sector Sees Major Growth Despite COVID-19

MAS Completes CBDC Project Ubin Phase 5, Blockchain Sector Sees Major Growth Despite COVID-19

Sopnendu Mohanty, the Chief FinTech Officer at the Monetary Authority of Singapore (MAS) announced that Phase 5 of Project Ubin has been completed, and partners of the project are already working on a production in the payments space. A new report is to be expected in the next few days, which will “articulate the last phase of experimentation of Project Ubin.” He hinted that the production is related to exchange, settlement, and will be working on releasing production inspired by Project Ubin Phase 5.

Facebook’s Libra Creating Shadow Monetary Ecosystem Warns FAC

Facebook’s Libra Creating Shadow Monetary Ecosystem Warns FAC

Facebook’s creation of cryptocurrency Libra will spawn a ‘shadow banking’ system outside of sanctioned financial markets according to US banks.

Brazil Central Bank Moves to Follow IMF Crypto Classification Guidelines

Brazil Central Bank Moves to Follow IMF Crypto Classification Guidelines

The Central Bank of Brazil has adopted the classification of cryptocurrencies being sold or purchased under the International Monetary Fund (IMF) guidelines.

From Zero Mentions to a Dedicated Section in CINIC Report: How Fast is Blockchain Growing in the Chinese Internet Industry

From Zero Mentions to a Dedicated Section in CINIC Report: How Fast is Blockchain Growing in the Chinese Internet Industry

The China Internet Network Information Centre (CINIC) recently published “The 45th China Statistical Report on Internet Development”. Compared to the previous issue, it is worth noting that the CINIC covered blockchain development as a dedicated section in the latest report. The report highlighted the rapid blockchain development of China in three aspects: regulation, technical development and applications.

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