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“# China’s UnionPay and Korea’s Danal to launch crypto-supporting digital card ” Major financial services corporation China UnionPay, an analog to card providers like Visa and Mastercard, has partnered with the South Korean payment provider Danal to launch a cryptocurrency-supporting digital card. Danal’s crypto wallet Paycoin, and its crypto token of the same name, will…
“# Gibraltar is now an observing member of the Global Blockchain Business Council ” The Government of Gibraltar has announced its official appointment as an observing member of the Global Blockchain Business Council, or GBBC. It will be working alongside blockchain industry leaders from more than 50 countries. According to the announcement, Gibraltar expects to…
“# Hashgraph CTO expects blockchain interest to grow even bigger in 2021 ” In an interview with Cointelegraph, Hedera Hashgraph CTO Leemon Baird said that while interest in blockchain greatly increased in 2020, he expects much bigger things to come in 2021. Baird, who holds a doctorate in computer science from Carnegie Mellon University, explained that…
“# Corporate giants may not follow MicroStrategy’s Bitcoin adoption play, Raoul Pal explains ” Earlier this year, business intelligence giant MicroStrategy put $425 million of its treasury funds into Bitcoin (BTC). The move was largely seen as a big step in the right direction for mainstream Bitcoin adoption. MicroStrategy, with its CEO and founder Michael…
“# PayPal crypto services to go global early 2021, support for CBDCs coming ” Senior executives at global payments giant PayPal have revealed further details about its plans to aggressively push into the crypto sector next year during the firm’s Q3 2020 earnings call, including plans to support central bank digital currencies (CBDCs). “Clearly the…
“# Tim Draper seeks to ‘DeFi‘ the venture capital business with Bitcoin ” Two years ago, venture capitalist and noted Bitcoin investor Tim Draper publicly stated that Bitcoin will hit $250,000 by 2022. Yet, as Bitcoin continues to gain interest from investors, Draper revealed to Cointelegraph during an interview that a $250,000 price prediction may…
“# Mongolia’s largest bank to offer crypto-related services ” Mongolia’s largest bank will soon begin offering crypto services including custody, remittance, deposits, loans, and crypto-asset management. According to DDaily, blockchain company Hexland — founded by former Samsung developers — and white label tech company Delio havagreed to start working with the Ulaanbaatar-based Trade & Development…
“#The Conners Star Michael Fishman Opens Up About Son Larry’s Tragic Fatal Overdose ” We can’t even imagine a father having to go through this… Actor Michael Fishman is opening up for the first time about his son Larry‘s tragic death from a drug overdose this year, and he’s hopeful that if the conversation can help even just…
“# Bitcoin adoption could reach 90% by 2030, investment firm founder claims ” With the recent influx of mainstream financial players into the blockchain space, how long will it take for corporate allocation of Bitcoin (BTC) to become the norm? Brian Estes, founder of investment firm Off The Chain Capital, thinks 10 years. “I think in…
“# Fidelity Investments’ crypto arm expands custody to Asia ” Fidelity Investments — one of the largest asset managers in the world — continues to expand its global reach in the cryptocurrency industry through its dedicated crypto subsidiary. According to an Oct. 29 Bloomberg report, Fidelity Investments’s crypto branch Fidelity Digital Asset Services has partnered…