Monthly Archives: November 2019

Morocco Plans to Expand Access to Financial Services With Fintech

Morocco is looking to expand access to financial services through the integration of blockchain technology into its financial sector. Morocco is looking to expand access to financial services through the integration of blockchain technology in the country’s financial sector. Speaking at the Africa Blockchain Summit in Morocco’s capital of Rabat, the country’s central bank governor Abdellatif Jouahri said that Morocco will deploy financial technology to enhance access to financial services, Morocco World News reported on Nov. 21. This fintech implementation will come as part of the country’s […]

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Bavarian Government to Issue Blockchain-Based Training Certificates

Next spring the Chamber of Industry and Commerce of Munich and Upper Bavaria, in cooperation with the Digital Ministry, will issue blockchain-based training certificates. The Chamber of Industry and Commerce of Munich and Upper Bavaria, Germany, will issue its first blockchain-enabled training certificates next spring in cooperation with the Digital Ministry. In the future, employers will be able to determine whether the certificates are genuine with the help of an electronic key.  Authentication Stamp “Made in Bavaria” According to a press release from Nov. 20 from the […]

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Harvard University Stages ‘Digital Currency Wars’ Crisis Simulation

Harvard University stages a “Digital Currency Wars” live simulation of a White House National Security Council meeting. Harvard University’s Kennedy School carried out a live simulation of a White House National Security Council meeting on Nov. 19, featuring former senior administration officials and thought leaders. The “Digital Currency Wars” event examined a potential future scenario, following a North Korean missile test, potentially enabled by China’s proposed digital yuan. If economic sanctions fail, how will the U.S. wield power? The simulation was set two years in the future, […]

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Tunisia Denies CBDC Reports: Here Is How the False News Spread

Earlier this month, media reported that Tunisia had become the first country to issue a CBDC. Now that the central bank has denied the news, it’s time to take a closer look… Earlier this month, many blockchain media outlets, including Cointelegraph itself as well as Decrypt, Beincrypto and LedgerInsight, reported that Tunisia had become the first country to digitize its national currency on a blockchain platform. But that news was incorrect. The story was originally was broken on Nov. 7 by two Russian state-owned news agencies, Tass […]

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Tezos Partners With Singapore Gov’t Blockchain Platform for Training Program

Tezos has partnered with Singapore government-backed blockchain platform Tribe to jointly launch a training program for developers on the Tezos blockchain. Tezos has partnered with Singapore government-backed blockchain platform Tribe to jointly launch a training program for developers on the Tezos blockchain. According to a Nov. 21 blog post, Tezos’s non-profit arm Tezos Southeast Asia (TSA), which is dedicated to promoting Tezos in the region, collaborated with Tribe in order to attract more developers to create Tezos blockchain-based solutions for real-world applications. The training program is set […]

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HSBC Closes Account Used to Support Hong Kong Protesters

For months on end, Hong Kong has been the scene of intensive confrontation between pro-democracy activists and its Beijing-supported government. It now seems the financial establishment has taken a side in this conflict. Banking giant HSBC has decided to close an account used to support the protest movement in the special administrative region of China. Also read: Economic Turmoil in Hong Kong Escalates as Colonial-Era Law Is Imposed Account Collecting Donations for Demonstrators Suspended The corporate account was closed earlier this week after HSBC found that the […]

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CFTC Chair on Crypto Regulation: We Don’t Want to Snuff out Innovation

CFTC chairman Heath Tarbert has called for “principles-based regulation” for crypto, advocating for a period of observation. The chairman of the United States Commodity Futures Trading Commission (CFTC) has called for “principles-based regulation” for cryptocurrencies.  Heath Tarbert, who assumed his post following former Chairman J. Christopher Giancarlo in July 2019, stated that taking such an approach in regulating digital assets would allow a period of development and observation before it may be appropriate to adopt more targeted rules. Tarbert delivered his remarks on crypto regulation in an […]

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Blockchain Security Firm CertiK to Launch Beta for Smart Contracts-Focused Chain

The CertiK Foundation, an organization that develops security infrastructure for blockchain, will introduce the open beta of its CertiK Chain next week. The CertiK Foundation, an organization that develops security infrastructure for blockchains, will introduce the open beta of its CertiK Chain next week. Per a press release shared with Cointelegraph on Nov. 22, CertiK Foundation is about to launch the Testnet 3.0 open beta for CertiK Chain designed to enable smart contracts to check for evidence of security audits of other smart contracts before engaging in […]

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Market Update: Cryptos Shed Billions in Rapid Sell-Off

Digital currency prices have been dropping in value this week and on November 21 the entire cryptoconomy fell below $200 billion. At the moment, most cryptocurrencies are down between 4-12% in the last 24 hours and 10-25% over the last seven days. Traders are currently pondering what will happen next as prices haven’t been this low since May. Also Read: The Bank of Google Wants Your Spending Data Crypto Markets Swim in a Sea of Red Crypto market prices have dropped substantially this week with much of […]

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New Report on Crypto’s Legal Status in UK Lays Out Regulation Options

With a legal publication on the status of cryptos and blockchain in the U.K., crypto businesses speak out about regulation in the country. London has long been one of the world’s most prominent financial hubs. But as the United Kingdom delves further into an uncertain period of political instability that could radically alter the very identity of the country, its attractiveness for business is starting to be questioned. Despite the need to appear as business-friendly and open to innovation as possible due to the ramifications of the […]

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