Monthly Archives: November 2021

Will India Create Regulatory Clarity For Bitcoin?

Perhaps plans around the digital rupee will enlighten India’s government, helping the legal stance of builders for bitcoin. Indian founders working on bitcoin exchanges and traders face a whole gamut of questions every day, ranging from “Will I be arrested?” to “Will my company be shut down?” to “Will my bank accounts be frozen?” Understanding the country’s regulations and navigating the legal roller coaster can be tricky. To illustrate, the following timeline of events pertaining to the country’s stance on regulating bitcoin from the past couple of […]

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Democratic challenger to crypto-friendly senator’s seat is interested in space

38-year-old Senate candidate Morgan Harper said she would be “in learning mode” on the crypto space and solicited comments from her followers. Morgan Harper, a former senior advisor at the Consumer Financial Protection Bureau, is coming out as ‘crypto curious’ in her race to be the Democratic nominee for one of Ohio’s United States Senate seats. In a Tuesday thread on Twitter, Harper said she was interested in the possibilities Bitcoin (BTC) and other cryptocurrencies could mean for policy in Ohio. According to the Democratic candidate, Bitcoin can […]

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Polygon Deploys Fiat on-Ramps via Alchemy Pay, Enabling Direct Fiat Payments for DeFi

Polygon, an Ethereum scaling platform onboarding millions to Web3, has announced the addition of convenient and flexible fiat payment onramps for the Polygon Network, thanks to a new partnership with Alchemy Pay. Alchemy Pay will create a bridge between fiat and crypto payments by embedding into the Polygon Network, enabling any Polygon-based protocol to set up a fiat on-ramp. The new capability is expected to propel the next phase of growth for Polygon’s DeFi ecosystem. More than 4,000 hosted applications within Polygon’s DeFi ecosystem will now be […]

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Polkadot price moves higher as parachain auctions reduce DOT’s circulating supply

DOT price targets new highs and investors expect the ongoing Polkadot parachain auctions to send the price on a trajectory that mirrors Kusama’s 2020 breakout. This week a number of contenders are set to participate in Polkadot’s first parachain auctions and this process tends to place buy pressure on DOT, while also giving aspiring blockchain projects a chance to show why they offer the most competitive solutions to the different demands that exist in the crypto sector. The ongoing Polkadot parachain auctions follow the success of similar […]

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PBoC governor says digital yuan to be more privacy-enhanced than payment apps

Making the e-CNY more privacy-orientated aside, the PBoC already has ambitions to bring the CBDC onto the world stage. During a virtual video session at the Bank of Finland Institute for Emerging Economies’ 30th Anniversary Conference, People’s Bank of China governor Gang Yi discussed recent developments regarding the country’s central bank digital currency, or CBDC, known as the digital yuan (e-CNY). Gang specifically addressed the issue of privacy surrounding the Digital Yuan in the following statement, as translated by Cointelegraph: We are taking a high degree of […]

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Climate Chain Coalition advocates for the creation of a green economy at COP26

A number of representative and delegates supporting the Climate Chain Coalition group spoke at a dedicated panel on Tuesday at COP26. Delegate representatives from the Climate Chain Coalition spoke at the United Nations Climate Change Conference, also known as COP26, in Glasgow, Scotland on Tuesday. The Climate Chain Coalition, or CCC, is a global environmental initiative consisting of 250 member organizations and individuals aligned to utilize blockchain, distributed ledger, or DLT, and other promising digital technology solutions to foster the growth of a climate-focused economy. Hosted by […]

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Apple’s CEO Owns Crypto – Tim Cook Thinks ‘It’s Reasonable to Own as Part of a Diversified Portfolio’

The CEO of the tech giant Apple, Tim Cook disclosed that he owns cryptocurrency and said that he thinks it’s reasonable to own it as part of a diversified portfolio.” Cook’s statements stemmed from an appearance with the New York Times Dealbook’s host Andrew Ross Sorkin. Apple CEO Tim Cook Tells the Press He Owns Crypto and It’s Something Apple Is ‘Looking At’ The cryptocurrency economy has been on a tear and recently captured $3 trillion in value this week as bitcoin (BTC) and a number of […]

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Robinhood’s Bitcoin Withdrawal Feature Has 1.6 Million People On Waitlist

The retail trading platform will get a cryptocurrency wallet feature soon, but users still don’t know when. Robinhood COO said 1.6 million people are on the company’s waitlist for withdrawing bitcoin. The long-awaited feature would come as a cryptocurrency wallet to the firm’s trading app. It is still unclear when customers will be able to take ownership of their bitcoin. Robinhood now has 1.6 million people on the waitlist for its bitcoin and cryptocurrency wallet, its COO Christine Brown said on Tuesday, per a Reuters report. Among […]

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UK Treasury and central bank will consult on CBDC, potentially launching by 2030

“The earliest date for launch of a U.K. CBDC would be in the second half of the decade,” said the Bank of England, adding no final decision has yet been made. The Bank of England and the United Kingdom finance ministry are planning to launch a consultation on the possible rollout of a central bank digital currency starting in 2022. In a Tuesday statement, the Bank of England said the digital pound consultation with HM Treasury would consider design features, benefits and implications for users and business, […]

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‘In the next three to five years, the DeFi industry will grow massively,’ says 1inch Network co-founder Anton Bukov

The co-founder of the world’s eighth-largest DEX by trading volume joined Cointelegraph Markets Pro users for an exclusive AMA on Monday. It’s only been two years since its founding, but decentralized exchange (DEX) protocol 1inch Network has already surpassed $85.8 billion in cumulative trading volume. At a May 2019 hackathon in New York City, 1inch co-founders Anton Bukov and Sergej Kunz developed a prototype DEX aggregator that became the basis of the network. DEX aggregators are platforms that source liquidity from multiple DEXs, thereby providing better token swap […]

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