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Reserve Bank of India Quietly Opens Cryptocurrency Research Unit

Reserve Bank of India Quietly Opens Cryptocurrency Research Unit, The unit has been operational for a month and already sees an as-of-yet unnamed general manager leading it, according to the report citing two sources aware of developments at the central bank. The Reserve Bank of India (RBI) has reportedly established a new internal unit dedicated to researching and regulating new emerging technologies, specifically cryptocurrency, blockchain and artificial intelligence (AI). Holding back on a formal announcement, the RBI has discreetly formed a new unit to research and possibly supervise disruptive technologies through…

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Cryptocurrency News: What Is Security Tokens in 2018?

Cryptocurrency News: One of the major topics of discussion in cryptocurrency at the moment is around the emergence of security tokens. Security tokens are backed by real assets such as an equity, shares of a limited partnership company, or commodities.   This was around Winter 2017 – 2018. The same time when the Securities and Exchange Commission (SEC) in the USA began focusing their attention on this new and previously unregulated form of cash. Before many other national, government authorities worldwide decided to follow suit. The opening of crypto-futures arguably…

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Bank of America Interested In Patent for Cryptocurrency Exchange System

The patent, which specifically details how a computing device would manage blockchain encryption tags, is the continuation of a proposal for a cryptocurrency online vault storage system that Bank of America first began developing in 2014. The patent envisions a future in which cryptocurrency is widely adopted by the general public but that consumers still entrust their funds to custodians such as banks rather than maintaining their own private keys.   Bank of America, the second-largest banking institution in the United States, has filed another patent application for a system…

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Rejected! SEC Says No to Bitcoin Futures ETF Applications

The Securities and Exchange Commission, the regulating authority of the US, has once again decided not to allow the trading of Bitcoin ETFs. Specifically, it has rejected five proposals made by a subsidiary of the New York Stock Exchange. However, in a potential reversal of fortune, the SEC on Thursday announced that the Commission, led by Chairman Jay Clayton, will review those orders, which had originally been drafted by staff members on behalf of agency leadership. As SEC Commissioner Hester Peirce explained on Twitter, the Commission commonly delegates such rulings to…

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Canada’s Research Center Builds Ethereum Blockchain Explorer

Earlier this year, the NRC launched the Canadian government’s first live trial of public blockchain technology with the aim of building a transparent administration of government grants and contributions. At the time of the launch, the government was able to use the blockchain to publish information on “new and amended Contribution Agreements with firms in real time.” Adham says his company’s goal is to help institutions “become fully transparent” and help constituents participate in the “verification and validation of public information.” “These are early days, but NRC IRAP’s experiments with blockchain…

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Apple Co-Founder Steve Wozniak Joins Crypto Startup

Apple co-founder Steve Wozniak announced Tuesday that he’s now working with investment-focused crypto startup Equi Capital and his interest in blockchain in general in a NullTx interview earlier this week. According to the report of cryptoworld news: Two months ago Wozniak drew parallels between the early days of the internet and the current blockchain landscape, stating that the hyped up and experimental nature of the internet space was a bubble, and I feel that way about blockchain. However, despite his previously stated views, Wozniak is now taking the plunge and becoming…

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Crypto Startup Inoovi Partnerships with Brazilian Football Teams!!

Crypto Startup, According to native news outlet Portal do Bitcoin, the president of Atlético-PR’s thoughtful Council, Mario Celso Petraglia, disclosed the partnership on, saying it as an innovation in Brazil’s sports market. Two Brazilian football teams, Atlético-PR and Corinthians, have reportedly recently signed partnerships with Hong Kong-based crypto startup Inoovi, that recently launched its “IVI” token specifically for the game. Per the news outlet, the partnership offers Atlético-PR a 12-month grace amount to start out exploitation the IVI token and promote Inoovit by adding its name to the team’s uniforms…

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