Canadian regulator excludes crypto funds from reduced margin eligibility
Canada’s equities regulator has excluded crypto funds from reduced margin eligibility, citing volatility, liquidity risks and regulatory concerns, making leveraged trading more expensive.
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ConsenSys wins contract for Thailand-Hong Kong CBDC project
Following a successful research phase between the two central banks, Consensys will develop a proof-of-concept for cross-border interbank blockchain payments. 605 Total views 12 Total shares Blockchain firm ConsenSys announced Sep. 25 that it had been awarded the contract for a cross-border payment project between Thailand and Hong Kong.The company will lead the second implementation…

Bitcoin reaches for $47K as analysts agree BTC price consolidation cannot last
There will be a breakout up or down within weeks, consensus believes, with targets between $40,000 and $60,000. 5082 Total views 26 Total shares Bitcoin (BTC) recovered from new lows of $45,550 on Jan. 5 as analysts waited patiently for a "squeeze" to trigger fresh volatility.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAnalyst weighs prospect of…

Vitalik Buterin ‘kinda happy’ with ETF delays, backs maturity over attention
Sharing his opinion around crypto regulations, Buterin spoke against the regulations that have an impact on the inner workings of a crypto ecosystem. 194 Total views 13 Total shares The co-founder of Ethereum (ETH), Vitalik Buterin, believes that the crypto ecosystem needs to mature and be in tune with the regulatory policies that allow crypto…

Australian racing groups probe firm allegedly involved in OneCoin
Phoenix Thoroughbreds may need to wait before racing again. 1733 Total views 10 Total shares Australian horse racing officials are investigating a group raising thoroughbreds after its alleged involvement with OneCoin.According to news reports, Racing NSW confirmed it is investigating Phoenix Thoroughbreds while a second group, Racing Victoria, is in contact with international officials regarding…

Texas is home to nearly 30% of all Bitcoin hash rate — Foundry
According to Foundry's data pool, Texas accounts for 28.5% of all Bitcoin hash rate in the United States. 266 Total views 3 Total shares The U.S. state of Texas accounts for over 28% of all Bitcoin (BTC) hashing power in the United States, according to the latest Hashrate Map by crypto mining service provider Foundry

Transparent stablecoins? Conclusion of Tether vs. NYAG raises new questions
A long-standing legal drama finally found resolution on Feb. 23, with the New York Attorney General’s office announcing that it had come to a settlement with cryptocurrency exchange Bitfinex after a 22-month inquiry into whether the company had been trying to cover up its losses — touted to be worth $850 million — by misrepresenting…

The Fed, the Merge and $22K BTC — 5 things to know in Bitcoin this week
Bitcoin (BTC) starts a pivotal week on a firm footing as bulls succeed in wiping out weeks of losses.After closing the latest weekly candle at $21,800, its highest since mid-August, BTC/USD is back on the radar as a long bet.The end to an extended period of downside interspersed with sideways price action now appears firmly…

9 examples of artificial intelligence in finance
Artificial Intelligence (AI) is transforming the financial sector, revolutionizing how banks, financial institutions and investors operate. Here are nine examples of AI in finance, and how they are changing the industry:Fraud detectionAI algorithms can analyze transactions in real time, detect anomalies and patterns that may indicate fraudulent activities, and alert banks to take appropriate actions. An…