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World’s First Bank-Owned Cryptocurrency Exchange Launches Publicly in Japan

Advertisement Nearly two years after its initial announcement and months of delays this year, the world’s first bank-owned cryptocurrency exchange finally sees its public launch in Japan. With an announcement on Tuesday, Japanese financial giant SBI Holdings has formally launched its cryptocurrency exchange platform, dubbed ‘VCTRADE’. As reported by CCN in early June, SBI first […]

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IBM Teams With Columbia University to Launch Blockchain Research Center

Technology giant IBM has launched a new research center through a partnership with Columbia University in a move aimed to boost blockchain application development and education initiatives. Opening Tuesday, the center is located in the Manhattan campus of Columbia University in New York City and will, among other things, incubate blockchain applications through a combination […]

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Hong Kong Monetary Authority to Launch Multi-Bank Blockchain Trade Finance Platform

Hong Kong’s de facto central bank will launch its own blockchain trade finance solution with 21 banks in August, Financial Times (FT) reported Sunday, July 15. The joint venture between the Hong Kong Monetary Authority and Chinese company Ping An Group’s fintech subsidiary OneConnect aims to substantially reduce paperwork, costs security risks for participants, FT […]

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G20 Watchdog Releases Framework for ‘Vigilant’ Monitoring of Crypto Risks

The Financial Stability Board (FSB), an organization focused on analyzing and making recommendations to the G20 on global financial systems, has presented a framework for monitoring cryptocurrency assets. It notably lists several metrics that the FSB will use to keep an eye on the developing crypto markets and “should help to identify and mitigate risks to […]

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Exclusive: RSK Labs CEO Diego Gutiérrez Zaldívar on Bitcoin Smart Contracts Sidechain and Crypto Industry Challenges

Formerly known as Rootstock, RSK Labs is an Argentinian startup building the first open-source smart contract platform with a 2-way peg to Bitcoin that also rewards the miners through merge-mining. The company says its goal is to add value and functionality to the Bitcoin ecosystem by enabling Ethereum-like smart-contracts, near instant payments and higher-scalability, and […]

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Bitcoin (BTC) Price Watch: Down But Not Out!

Bitcoin Price Key HighlightsBitcoin price appears to be keeping its head above the near-term area of interest at the channel support.If a bounce back to the resistance happens, an inverse head and shoulders pattern could also be completed.A break past the channel top could be enough to confirm that a long-term uptrend is underway.Bitcoin price […]