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October 2020

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Twelve years have passed since a whitepaper introduced Blockchain and Bitcoin to the world. A lot has changed, not only to its applications but also in how the world perceives them. Cryptocurrencies have worldwide applications, so it's no surprise that nations took notice and started working on their national frameworks. The first cryptocurrency policy took place in June of 2014. That's when Canada’s

Download As PDF Week in Review Paypal will allow investors to invest and trade cryptocurrencies in their system, providing shopping with cryptocurrencies early next year, further facilitating broader adoption.Nearly $900 million in Venture Capital went to crypto companies in Q3,  2020.The Federal Reserve will take a cautious approach on issuing a digital currency, Chairman Jerome Powell said in the IMF annual meeting.  A London Stock Exchange-listed

Institutional investment in bitcoin has seen a steady increase over the past decade. While for some, this raises concern for the potential of crowding out retail investors, the opposite is likely to be true. A rise of involvement from institutions has increased market liquidity, price stability and aided in a heightened reputation among governments and regulators.1 Despite this, wide adoption has been stifled

Twitter's Square Purchases Bitcoin - Welcome to our Zerocap Crypto News update of 9/10/2020 Twitter's Square Purchases Bitcoin - Jack Dorsey believes in the future of crypto Financial service company Square Inc, owned by Twitter’s founder and CEO Jack Dorsey (image below), announced the purchase of 4,709 bitcoins. The investment, approximately US$50 million at the time of purchase, was executed due to Square’s belief in

Download As PDF Week in Review Grayscale Investments’ Ethereum Trust became a reporting company in the Securities and Exchange Commission (SEC). (12 Oct. 2020) Blockchain technology is estimated to boost the global economy by $1.7 trillion in the next decade with Asia seeing the most economic benefit, report by PwC. (12 Oct. 2020) A G7 draft insists that no global stablecoin project, such as Facebook’s Libra, should

Download As PDF Week in Review Bank of Thailand issued $1.6 billion in government bonds through IBM blockchain (5 Oct. 2020) China's Central Bank revealed results of its first DCEP pilot, with 1.1 billion digital RMB ($162 million) across 3.1 million transactions in a 5-month test. (5 Oct. 2020) UK’s financial regulator banned sales of

Since the inception of blockchain in 2008, many have questioned its long-standing place in the finance world. With initial offerings being limited to cryptocurrencies such as bitcoin, experts remained divided on its effectiveness to alter the financial system. Despite this divide, an array of blockchain uses have emerged, further strengthening the place of cryptocurrencies and digital assets in the global financial system. As

Welcome back, Friday! This week one of Zerocap’s principals Jon was featured on Forkast News discussing how Bitcoin offers a hedge as markets reach peak dislocation. Go check it out! We published an article on the emergent Asian wealth this century, covering the rise of the continent and how digital assets fit into the portfolio of contemporary Asian investors. Some news that caught our eye

The world economy faced numerous obstacles throughout this century. Whether through depressions, financial bubbles or as of more recently, Covid-19, the globalised structures of capital are constantly challenged. Nations still have a long way to go before recovering from the current pandemic recession. The value chain shock caused by the crisis has shed light on the fragility of traditional systems and has shown