Russian Blockchain Alternative to SWIFT to Prevent Disconnection of Nations, Banks – Finance Bitcoin News

A Russian university is ready to test its blockchain-based analogue to the global payment messaging network SWIFT, from which Russian banks were cut off as part of Western sanctions. The developers say their system would not allow the disconnecting of countries and banks. Russian Developers Create SWIFT Substitute Using Blockchain Experts from the Competence Center of the National Technology Initiative […]

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EOS Price Analysis: Bulls Face Key Resistance Near $1.0

EOS price is struggling below $1.00 against the US Dollar, similar to bitcoin. The price must stay above the $0.88 support zone to start a decent increase. EOS Price Analysis This past week, EOS price started a fresh decline from the $1.07 resistance zone against the US Dollar. The price declined below the $1.00 support zone. Besides, there was a […]

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Polygon selected to participate in Disney’s 2022 Accelerator Program

Layer-2 scaling platform Polygon has been selected to partake in Disney’s 2022 Accelerator Program to build on Polygon’s web3 technology, which will commence this week. The Ethereum scaling platform is one of six projects to be accepted into the Accerator Program, which is focused this year on augmented reality (AR), non-fungible tokens (NFTs) and artificial intelligence (AI), according to a […]

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Hyosung America makes Bitcoin purchasing app available to 175,000 ATMs

Hyosung America has signed a partnership deal with cash-to-crypto provider DigitalMint that enables Bitcoin (BTC) purchasing across the firm’s 175,000 ATMs located in the U.S. Apart from offering its own BTC and Litecoin (LTC) payment rails such as ATMs, bank wires and tellers, DigitalMint also provides software API integrations that allow retailers or ATM operators to sell BTC through their […]

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BIS committee and IOSCO issue guidance for regulation of stablecoin arrangements

The principle of “same risk, same regulation” for crypto received further confirmation with the release Wednesday of new guidance on stablecoin arrangements (SAs). The guidance, issued by the Bank for International Settlements (BIS) Committee on Payments and Market Infrastructures (CPMI) and International Organization of Securities Commissions (IOSCO), applies the Principles for Financial Market Infrastructures (PFMI) for payment, clearing and settlement […]

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China's central bank to expand deployment of e-CNY

According to China’s state institution Xinhua News Agency, Lan Zou, head of monetary policy at the People’s Bank of China (PBoC), announced that the country would be expanding the number of digital yuan (e-CNY) test sites in the country from 11 to 23. They are spread out across 15 out of 31 of China’s provinces and autonomous regions. The PBoC […]

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Huobi Global Lists Popular GameFi Asset DEAPCoin

DEAPcoin, the native currency of the Digital Entertainment Asset Pte. Ltd. (DEA) ecosystem, has made its way to Huobi Global. DEAPCoin plays a key role in the PlayMining ecosystem, which focuses on bringing GameFi solutions to a broader audience. Having the token listed on one of the world’s biggest exchanges marks a significant milestone for the project. DEAPCoin Becomes More […]

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UK Treasury Committee opens inquiry into crypto industry

The Treasury Committee of the United Kingdom’s House of Commons has called on the public to submit evidence related to the role of crypto’s risks and opportunities. In a Tuesday notice, the committee said it had opened an inquiry allowing people to write in about the role of crypto assets in the United Kingdom. The Treasury Committee said it would […]

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