US FDA to Hold Meeting on Blockchain and AI in Food Traceability

The United States Food and Drug Administration will hold a public meeting at which it will discuss its “New Era of Smarter Food Safety” initiative. The United States Food and Drug Administration (FDA) will hold a public meeting at which it will discuss its “New Era of Smarter Food Safety” initiative.Per a Sept. 17 announcement, […]

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Reuters: Facebook Met British Authorities Prior to Libra’s Official Announcement

Facebook reportedly met British authorities and regulatory officials three times prior to publicly announcing the Libra stablecoin project. Facebook reportedly met British authorities and regulatory officials three times prior to publicly announcing plans for the Libra stablecoin project.As Reuters reported on Sept. 18, this spring Facebook had several appointments with officials at Britain’s finance ministry, […]

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Retail Giant Overstock Seeks to Restructure Cryptocurrency Dividend

American e-commerce giant Overstock is working on the liberalization of its planned digital dividend shares trading. American e-commerce giant Overstock hopes to liberalize its planned digital dividend shares trading.According to a Sept. 18 press release, Overstock is working with regulatory authorities on making its digital asset-based dividend freely tradable by non-affiliates following distribution.As such, the […]

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Crypto Not Competitive With Gold: Barrick Gold Exec

Cryptocurrencies are not a competitor to gold, according to North America COO of Barrick Gold, Catherine Raw. Catherine Raw, the North America COO of the largest gold mining firm in the world, Barrick Gold, said that she does not think cryptocurrencies are competitive with gold, Fortune reported on Sept. 18.Raw made her remarks yesterday at […]

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IBM and Citibank Join Singapore Late-Stage Blockchain Accelerator

IBM, Citibank and video game giant Ubisoft have joined Singapore-based blockchain accelerator Tribe Accelerator. IBM, Citibank and video game giant Ubisoft have signed up to Singapore-based blockchain accelerator Tribe Accelerator.Corporations mingle with blockchain startupsLocal news outlet TheStraitsTimes reported on Sept. 18 that the companies above joined as corporate partners Tribe accelerator for the second edition […]

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BUSD — Binance and Paxos Stablecoin Latest to Get US Regulator Consent

New York financial watchdog approves three stablecoin offerings including BUSD, backed by Paxos and Binance. A sign of things to come? Over the course of the past few weeks, the global cryptocurrency community bore witness to two major announcements related to stablecoins — with the first being the launch of Paxos’s gold-backed Ethereum token, PAX […]

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Nigerian Crypto Educator Returns $80K in Bitcoin Received by Mistake

Keith Mali Chung — co-founder and president of African blockchain firm Loopblock Network — has returned almost $80,000 worth of Bitcoin mistakenly sent to his wallet. Keith Mali Chung — the co-founder and president of African blockchain firm Loopblock Network — has returned almost $80,000 worth of Bitcoin (BTC) mistakenly sent to his wallet.Chung — […]

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German Gov’t Approves New Plan to Block Private ‘Parallel Currencies’

Germany’s government has approved a blockchain strategy that aims to prevent stablecoins from becoming alternative currencies and threatening state sovereignty. Germany’s government has approved a blockchain strategy that aims to prevent stablecoins from becoming alternative currencies and threatening state sovereignty.Reuters reported on Sept. 18 that Chancellor Angela Merkel’s cabinet passed the strategy earlier today, in […]

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Bobby Lee: Chinese Always Saw Bitcoin as Investment, Not for Payments

BTCC veteran Bobby Lee claims the Chinese have always thought of Bitcoin as an investment rather than a payment system. Bobby Lee — co-founder and former CEO of China’s first crypto exchange BTCC — says the Chinese have always thought of Bitcoin as an investment rather than a payment system. Lee made his remarks during an […]

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'Get Ready for Bitcoin $20K,’ Says BitMEX CEO as Fed Panic-Prints $53B

Emergency cash injection is the first since the 2008 financial crisis, which spawned Bitcoin’s success. Bitcoin (BTC) could soon shoot to $20,000 as a result of emergency measures from the United States Federal Reserve, also known as The Fed, one of the industry’s biggest firms has said.Fed echoes 2008 crisis movesIn a tweet on Sept. […]

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