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Bitcoin Daily: People’s Bank Of China To Certify Digital Payment Products; Korean Security Agency Supports Blockchain Projects With $9M Fund

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The People’s Bank of China announced that it will certify 11 types of financial technology hardware and software used for digital payment and blockchain services. His comments even caused a price boost of bitcoin and blockchain stocks to the point that the Chinese state media advised people to stay levelheaded. “The

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Bitcoin Daily: Chinese Blockchain Co. Invests In Cannabis; Canada, Singapore See Positive Results In Cross-Border DLT Tests

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Only through continued collaboration and fundamental research will it be possible for this technology to mature and for policy-makers to fully understand its potential,” Scott Hendry, Bank of Canada senior special director of financial technology, said in a press release about Jasper-Ubin project3.

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Bitcoin Daily: Bank Of Canada Tests DLT; Crypto Startup Uphold Gets Into Loans

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SBI President and CEO Yoshitaka Kitao said in the announcement that signatures based on MPC “offered our desired level of security, performance and scalability needed to manage transactions for our growing SBI Virtual Currencies customer base.”.

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Bitcoin Daily: Speedy Crypto Exchange Launched By Former Morgan Stanley Developers; Starling Bank Co-founder Joins Winklevoss’ Gemini Trust

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He added that Phemex “can manage 300,000 transactions per second, as well as deliver an order entry and response time of less than one millisecond.”. This is the latest hire for Gemini, which has brought on executives from the New York Stock Exchange (NYSE) and International Securities Exchange (ISE) over the past 18 months.

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How Treasurers Can Prepare For A Real-Time Payments Ecosystem

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One financial technology firm currently navigating the process of securing a bank charter is Avanti Financial Group , and as it approaches market launch, Founder and CEO Caitlin Long said the firm is focusing on another area of financial services that has struggled to manage complex regulatory challenges: digital assets.

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Governments Sending Mixed Signals On Blockchain

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Bitcoin doesn’t necessarily have the blessing of government agencies, but what about blockchain? It seems governments are a bit more open to distributed ledger technology (DLT), though that doesn’t mean blockchain companies get a free pass with regulators. securities bar.”.

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Taiwan’s Central Bank Might Implement Blockchain

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According to news from Finance Magnates , Yang Chin-long, the new governor of the bank, spoke about utilizing new technology — including artificial intelligence, Big Data and blockchain — in the country’s banking system during his inauguration ceremony.