Turkish Bank’s Blockchain Platform for Digital Gold Transfers Goes Live

Turkey’s Istanbul Clearing, Settlement and Custody Bank (Takasbank) announced that its blockchain-based, physical gold-backed transfer system is now live. Turkish Takasbank launched BiGA Digital Gold to provide banks with a blockchain-based system for the issuance, repayment and transfer of digitized gold, according to an announcement on Dec. 30.  The BiGA system — first announced in […]

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Katherine Wu on DeFi and the Inevitability of the Digital Yuan

Katherine Wu was a founding team member at Messari before moving into a VC role at Notation Capital, but is perhaps best known in crypto for her epic annotations of key regulatory enforcement actions. In this end-of-year interview with The Breakdown, Katherine argues that decentralized finance is the narrative of 2019, but also that when […]

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Justin Sun Explains the Rationale Behind His $1 Million Greta Thunberg Donation

On Dec. 18 Cointelegraph reported that Tron (TRX) founder Justin Sun publicly pledged to donate $1 million to Swedish activist Great Thunberg to raise global awareness of the climate crisis.  Following the COP25 UN Climate Conference in Madrid, Sun tweeted: Although Sun has pledged a donation of $1 million to Greta Thunberg’s campaign, it was left […]

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Bitcoin in the Middle East: A Highly Probable Enigma

A source addressing the Middle East News Agency showed a proposed bill to boycott the creation, exchanging, or advancement of digital forms of money without a permit. Already Egypt restricted all digital money under Islamic law.  Shawki Allam, the present Grand Mufti of Egypt, gave that boycott in mid 2018, expressing the innovation could undermine […]

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