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Bitcoin Daily: Ethereum Protocol Aave Raises $25M; BOE Head Takes Stance Against Bitcoin

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The money will be used to help Aave expand into the Asian market, and help it achieve more institutional adoption. Bank of England governor Andrew Bailey said he doesn’t see the value of Bitcoin as a mode of payment, cautioning it as a legitimate use, Reuters reports.

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Bitcoin Daily: Lending Protocol Nuo Announces Digital Banking Platform Built On Ethereum, B2C2 Crypto Liquidity Firm Announces Gold Derivative

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The founders of lending protocol Nuo have announced the launch of a new digital banking platform called Juno, which will be built on top of ethereum. markets in the near future. “We’ve We’ve been very clear on bitcoin: bitcoin is a commodity. markets will happen in the near future.

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Bitcoin Daily: US Banks Eye Third-Party Custodians For Crypto Investors; UK FinTech Cashaa To Launch Crypto Bank In India

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number of big crypto custodians like Anchorage, Coinbase, and a number of others, have been contacted by banks about whether they’d be willing to be like the third-party custody providers for national banks whose customers want to invest in bitcoin,” he said, according to CoinDesk. “Well, what I have heard.a

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Bitcoin Daily: Bank of China Issues $2.8B Via Blockchain; Brazil Fines Failure To Declare Crypto

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Bank of China announced that it has issued 20 billion yuan ($2.8 The two-year bond will come to the market with 3.25 We have used our own blockchain-based bond issuance system in the process,” the bank said in the statement, according to CoinDesk. As of September, Bank of China has lent 404 billion yuan ($57.7

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Goldman Sachs Appoints New Global Digital Asset Leader

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Goldman Sachs has named Matthew McDermott its new global head of digital assets, in a move signaling the bank’s renewed commitment to that area of banking, CNBC reported. So what you’re doing today in the physical world, you just do digitally, creating huge efficiencies,” he said, according to CNBC.

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China’s Central Bank To More Tightly Control Chinese FinTechs

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The People’s Bank of China (PBoC) is looking toward new technologies to keep a closer eye on the nation’s FinTech , blockchain and digital lending markets. It has also been unfriendly toward other forms of digital finance, including the peer-to-peer lending industry.

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Bitcoin Daily: SEC Freezes Crypto Firm?s Assets, Alleging It Stole $12M From Investors; Hong Kong: 39 Pct Of New FinTechs There Are Blockchain Firms; Coinbase Eyes Selling Blockchain Analytics To IRS, DEA

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The Securities & Exchange Commission ( SEC ) has moved to freeze the assets of a $12 million cryptocurrency mining and multi-level marketing (MLM) scheme, Coindesk reports. The purchase, according to the IRS document, would be useful to help keep ahead of crimes related to cryptocurrency and digital banking.