Crypto News Cast For October 25th 2022 ?

Crypto News Cast 📮 25-10-2022

Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today, It includes all the latest news, prices, and events in the cryptocurrency world.

24hours Cryptocurrency Market Cap:

📈MarketCap: $974 B
📊24h Mcap %: 34.30%
⚠️Bitcoin Dom: 39.60%
📌Active Coins: 12853

📍24h Vol %: 3.60%
💲24h Vol: $65 B

Crypto News Updates :

Hong Kong Officials Announce Crypto Bill To Address Market Growth
Project To Tokenize And Trade Properties With The Brazilian CBDC Is Proposed By Santander
UK Conservatives Selects Crypto Bull Rishi Sunak As Next Prime Minister
Israel’s Main Stock Exchange to Start Trading Cryptocurrencies
Aave And Tezos Trading Is Now Available To Robinhood’s Cryptocurrency Customers
Mining Rig Manufacturer Launches 2 New ASIC Bitcoin Miners
Japan’s International Payments System Will Test Plastic Cards For CBDC
Super-rich In Hong Kong And Singapore Are Interested In Bitcoin And NFTs
A Crypto Wallet Product Is Reportedly Being Built By Twitter

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– Hong Kong Officials Announce Crypto Bill To Address Market Growth

The Hong Kong government is allegedly working on a crypto bill that would establish clear guidelines to assist the market’s growth, which comes shortly after regulators there suggested it would be possible for regular investors to engage directly in crypto investing. According to Liang Hanjing, the bill pertaining to the regulation of crypto would be approved by the Legislative Council in the Q1 of 2023.Read Full on Finbold.

– Project To Tokenize And Trade Properties With The Brazilian CBDC Is Proposed By Santander

A suggestion to improve the use case of the planned central bank digital currency (CDBC), the digital real, in Brazil has been made by Santander, one of the biggest banking organizations with operations around the globe. The project’s goal is to make using the platform for various types of property transactions as simple as possible. To tokenize the ownership rights of the assets in a transaction, Santander is utilizing technology from a different company, Parfin. Read Full on Bitcoin News.

– UK Conservatives Selects Crypto Bull Rishi Sunak As Next Prime Minister

Liz Truss will soon be succeeded as Prime Minister by Rishi Sunak, a former UK Finance Minister and well-known crypto-bull. Sunak wants to make stablecoins a “recognized form of payment” in the UK and establish a “financial infrastructure sandbox” to encourage companies to innovate in the market. Sunak expressed interest in the possibility of the Bank of England launching a central bank digital currency (CBDC) in October of last year. Read Full on Decrypt.

– Israel’s Main Stock Exchange to Start Trading Cryptocurrencies

The creation of a blockchain platform for cryptocurrency trading is part of Tel Aviv Stock Exchange’s (TASE) development goal, which is the main and only stock exchange in Israel. TASE will increase its usage of innovative technology, such as blockchain, the tokenization of different asset classes, and the application of smart contracts like developing various services and goods related to digital assets. Read Full on U.Today.

– Aave And Tezos Trading Is Now Available To Robinhood’s Cryptocurrency Customers

Trading app Robinhood Markets (HOOD) has introduced support for the cryptocurrencies Aave (AAVE) and Tezos (XTZ) to its platform. AAVE, the native crypto of the decentralized lending marketplace Aave, has increased 7% over the past 24hrs and is up 18% in October. There are currently 19 crypto tokens available for trading on the Robinhood app, including BTC, ETH, Solana’s SOL, and Polkadot’s DOT. Read Full on coindesk.

– Mining Rig Manufacturer Launches 2 New ASIC Bitcoin Miners

The latest high-performance bitcoin miners from Canaan Inc., called the A13 series, was launched on Monday. The Avalon A1366 and the Avalon A1346 are two new models in Canaan’s A13 series that have “improved power efficiency over its predecessors”. The Avalon A1366 produces an estimated 110 to 130 terahashes per second (TH/s) and uses 3259 watts (W) off the wall. The A1366’s joules per terahash (J/TH) power efficiency rating is about 25. Read Full on Bitcoin News.

– Japan’s International Payments System Will Test Plastic Cards For CBDC

The launch of the infrastructure testing for central bank digital currency (CBDC) was announced by Japan Credit Bureau (JCB). The project, which is now being evaluated by the Bank of Japan, will prepare the payments platform for a nationwide CBDC. The company plans to change the JCB’s present credit card infrastructure to accommodate CBDC payments. Read Full on cointelegraph.

– Super-rich In Hong Kong And Singapore Are Interested In Bitcoin And NFTs

Despite its volatility over the last two years, the crypto market has continued to grow, in part due to the desire of investors, such as family offices and the super-rich of Hong Kong and Singapore, to diversify their portfolios with the innovative asset class. A study found that the majority of family offices (FOs) and high-net-worth individuals (HNWIs) from Hong Kong and Singapore are investing in crypto assets. Read Full on Finbold.

– A Crypto Wallet Product Is Reportedly Being Built By Twitter

Twitter continues to make an effort to lead the web3 pack. A new web3 based crypto wallet is being developed for the social media company. Twitter aims to engage with the crypto community using strategies like hexagonal profile pictures for NFT holders and has a deliberate effort to be present in the crypto space, following the example set by former co-founder and CEO Jack Dorsey, which is being carried on by current CEO Parag Agrawal. Read Full on Bitcoinist.com.