Global Coin Research: China leads global Libra search traffic, Thailand SEC talks about its stablecoin

This twice-weekly newsletter is republished with permission from Global Coin Research, a global research firm with a focus on Asia blockchain and related technologies. You can find more resources on Asia Cryptocurrency and Blockchain at GlobalCoinResearch.com and on Twitter at @globalcoinrsrch Global Coin Research Newsletters in Chinese Top News China Leads Read more…

Mexican cryptocurrency exchange Bitso receives DLT Licence from Gibraltar Financial Services Commission

Mexican cryptocurrency exchange snatches Distributed Ledger Technology licence. Mexican cryptocurrency exchange Bitso has announced it will become regulated by the Gibraltar Financial Services Commission (GFSC). According to the announcement, it makes the platform the first exchange regulated by the GFSC in Latin America. The platform will be compliant with a Read more…

‘Dr. Doom’ Nouriel Roubini accuses cryptocurrency exchanges of ‘systematic illegality’; points to BitMEX

Noted crypto sceptic Nouriel “Dr. Doom” Roubini believes important crypto players are “openly involved in systematic illegality,” he wrote in his commentary on Project Syndicate. As an example, Roubini pointed to Seychelles-based cryptocurrency derivatives exchange BitMEX. The exchange allows retail investors to place bets with 100-to-1 leverage, applies high fees, Read more…

Analysis: Democrats more negative than Republicans at House hearing on Facebook’s Libra

The Democratic Party was more negative on Facebook’s cryptocurrency project Libra compared to Republicans at yesterday’s Congressional hearing with Facebook’s blockchain lead David Marcus, according to analysis from The Block. Looking across partisan lines, The Block analyzed the sentiments of every single representative on the House Financial Services Committee, and Read more…

DeFi continues to grow as new protocols grab market share

Decentralized Finance (DeFi), non-custodial financial protocols run (mostly) on top of Ethereum, have seen significant growth throughout the last year. The existing DeFi protocols can be categorized into five categories: Lending (Maker, Compound, Dharma, etc.) Derivatives and prediction markets (Synthetix, Augur, etc.) Decentralized exchanges (Uniswap, DutchX, Bancor, etc.) Payment channels Read more…

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