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IN BRIEF Tether claims it will make efforts to cooperate with global lawmakers. Stablecoins are a major concern because governments fear they could challenge national currencies. There seems to be a global movement towards stablecoin regulation. PromoJoin our Telegram Group and get trading signals, a free trading course and daily communication with crypto fans! The Trust Project is an international consortium of news organizations building standards of transparency. Tether said over Twitter that it would cooperate…
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Quick Take Bitcoin and other cryptocurrencies are trading at a discount in India. Crypto bill listing in Parliament has caused panic selling, CoinSwitch Kuber’s Sharan Nair told The Block. ADVERTISEMENT Bitcoin and other cryptocurrencies are trading at a discount in India after the country's government listed a crypto bill in Parliament for discussion yesterday. At the time of writing, bitcoin at WazirX is trading at around 40,90,000 Indian rupees (around $54,900) compared to $56,750 on Binance — a difference…
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Grant proposal for Harmony<>Cosmos Bridge Project Overview This project is developing a bridge between Harmony and Tendermint based ledgers using the IBC. This bridge will be deployed on the private testnet for each of them. As a sample application of the IBC, we will develop token transfer using ICS-20. The token on Harmony is assumed to be HRC-20 which will be handled as ICS-20 on Tendermint based ledgers. Requests from the Datachain team ・The relayer will be implemented based on the YUI-...
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The Optimism team is building the OVM, a fully-featured, EVM-compliant execution environment designed for Layer 2 systems. Starting on March 15th, 2021, we have audited Optimism's code base during 7 weeks with 3 auditors.
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India is preparing a bill to regulate cryptocurrency-the "Regulation Act of Cryptocurrency and Official Digital Currency in 2021". The bill will be submitted at the winter meeting of the Indian Parliament starting on November 29. It aims to ban all private individuals in India. Cryptocurrency to promote the official digital currency issued by the Central Bank of India (RBI). Although the concept of private cryptocurrency is proposed in the bill, Indian regulation has not yet clearly defined it, which confuses…
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