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Cardano’s Shelley Mainnet Set to Launch, ADA Price Predictions are High

Cardano’s Shelley Mainnet Set to Launch, ADA Price Predictions are High

The third-generation blockchain Cardano is making some promising strides with its development plan as it matures into its more decentralized “Shelley Era.”

Bank of Japan to Launch CBDC Proof-of-Concept in 2021

Bank of Japan to Launch CBDC Proof-of-Concept in 2021

The Bank of Japan (BOJ) has revealed its plan to kick start an early proof-of-concept on the issuance of its central bank digital currency (CBDC) next year.

South Korean Tax Specialists Advocate for Lowered Crypto Taxation

South Korean Tax Specialists Advocate for Lowered Crypto Taxation

Members of the Korean Tax Policy Association are calling on the government to consider applying a low-level tax on crypto transactions. The South Korean administration is contemplating taxing cryptocurrencies as part of its tax reform plan for 2021, but specialists feel it requires in-depth conceptualization.

$1.7 Billion Rehabilitation Plan for Mt. Gox Hack Victims Shelved Until December

$1.7 Billion Rehabilitation Plan for Mt. Gox Hack Victims Shelved Until December

Victims of the now non-defunct crypto exchange Mt. Gox will have to wait on their refund following a 2014 hack, which triggered the loss of over 150,000 Bitcoin.

4 Reasons Why Bitcoin Dropped

4 Reasons Why Bitcoin Dropped

We analyze 4 reasons why bitcoin dropped and may dip further.

Russia Plans to Build AI Software to Remove the Anonymity of Users in Crypto Transactions

Russia Plans to Build AI Software to Remove the Anonymity of Users in Crypto Transactions

The Russian agency’s plan involves using artificial intelligence (AI) for its software, as the agency sees an “urgent need to create effective opportunities for state control over the circulation of virtual assets.”

Facebook Moving Further Away From Libra, But Considering its Own Digital Token System

Facebook Moving Further Away From Libra, But Considering its Own Digital Token System

Facebook is now considering developing a system of digital tokens, pegged to different government-issued currencies including the US dollar and the euro. The new plan will still include Libra, although Libra Association, separately, will continue its work on the stablecoin pegged to a basket of global currencies.

Grayscale Announces the Launch of its Diversified Crypto Investment System for Trading

Grayscale Announces the Launch of its Diversified Crypto Investment System for Trading

Grayscale Investments, the American-based crypto management fund, announced a plan to launch its diversified crypto investment system for trading. This investment product is known as Grayscale Digital Large Cap Fund (GDLCF), and trading will begin in no distant time with access to US securities.

Chinese Yuan Poised to Become the World’s Third Largest Reserve Currency by 2030—Is DCEP Part of the Plan?

Chinese Yuan Poised to Become the World’s Third Largest Reserve Currency by 2030—Is DCEP Part of the Plan?

Morgan Stanley analysts are predicting that the Chinese yuan will become the third-largest reserve currency in the world, is the DCEP part of the plan?

Huobi Announces Plan To Launch A Fiat Gateway For Turkish Users

Huobi Announces Plan To Launch A Fiat Gateway For Turkish Users

At the Eurasia Blockchain Summit Istanbul, Huobi Global declared its ambition to launch a crypto trading platform for Turkey users which will start with Turkish Lira (TRY) / paring and which they hope will enable users to exchange more crypto assets with greater liquidity.

Japan Will Include Central Bank Digital Currency in Honebuto Economic Plan

Japan Will Include Central Bank Digital Currency in Honebuto Economic Plan

The Japanese Government has continued its acceleration towards a Central Bank Digital Currency (CBDC) and is set to include its consideration in its formal economic plan.

Mike Bloomberg: US Presidential Candidate Highlights Crypto Adoption In Agenda for Financial Reform

Mike Bloomberg: US Presidential Candidate Highlights Crypto Adoption In Agenda for Financial Reform

The United State presidential candidate for the upcoming 2020 election Mike Bloomberg is set to tender a proposal seeking to accommodate regulations for cryptocurrencies in a new financial plan that will be duly regulated.

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