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UK Central Bank Governor Sees Digital Currency Displacing US Dollar as Global Reserve
23.8.2019
BOE governor Mark Carney called on Friday for the creation of a wholly digital alternative to the U.S. dollar
Cryptocurrency Domains Have Become Hot Property
23.8.2019
Bitcoin, cryptocurrencies, and blockchain technology have become mainstream terms and are now featured in most dictionaries. Crypto-related terms have a lot of value when they are tethered to a web domain, and these days digital currency domains are prime real estate, with some selling for up...
Coinberry Says that Accepting Bitcoin as Payment for Taxes is six times Cheaper than Bank Card Payments
23.8.2019
Toronto-based Crytpo currency exchange, Coinberry’s co-founder, Evan Kuhn, expressed that accepting BTC (Bitcoin) for taxes is more effective than utilizing bank card payments. A recent report from real estate news outlet Mansion Global, Kuhn said his organization takes much lower charges than...
The Push to Kill Cash – Australia’s Proposed Ban Shows It’s Not Conspiracy Theory
23.8.2019
The supposed coordination of governments and tech companies to create a one-world, cashless society is often viewed as little more than fodder for silly Youtube conspiracy videos. After all, cash is still king in daily life, even in extremely high-tech, innovative societies like Japan. Upon closer...
The New Bitcoin Banks Are Here
23.8.2019
A new age of banking is imminent. Legacy models will be forced to follow suit or become obsolete in the eyes of value holders worldwide, as new bitcoin and crypto services take over, seeking to implement blockchain systems with an eye on convenience and financial inclusion. Announcements...
Report: Rwandan Central Bank Looks to Issue Official Digital Currency
23.8.2019
The National Bank of Rwanda is looking into prospects for launching an official digital currency
Rwanda’s Central Bank Is Researching a Possible Digital Currency Launch
22.8.2019
The National Bank of Rwanda (NBR) is looking at other countries, specifically Canada, the Netherlands, and Singapore’s central bank digital currency research
Indian Supreme Court Orders RBI to Answer Crypto Exchanges, New Date Set
21.8.2019
After hearing the arguments against the banking restriction by the Reserve Bank of India (RBI) in detail, the Indian supreme court directed the central bank to reply to the representations filed by crypto exchanges. Since the RBI has not adequately answered them, the court set a new date to resume...
Cryptoland Pioneer Teases a New Digital Currency, Praxxis
21.8.2019
David Chaum. Source: a video screenshot, Youtube, Praxxis
David Chaum, American computer scientist and pioneer in cryptography, has announced a new digital currency – Praxxis.
Chaum, who founded the first digital currency Ecash (which went bankrupt in the late 1990s), announced the new “high...
Telegram’s Crypto Offered Its Early Investors 400% Returns
21.8.2019
According to the latest reports, Telegram’s still-to-be-launched cryptocurrency, termed as GRAM, is trading in the unauthorized secondary market already and it is the early investors who are gaining record returns on these tokens. As the crypto community already knows, Telegram is scheduled...
RBI Defends Its Power Over Crypto in Indian Supreme Court
20.8.2019
The Indian supreme court heard the case against the crypto banking restriction by the Reserve Bank of India (RBI) in detail Tuesday. After many arguments challenging the RBI’s power over crypto were presented, the counsel for the central bank began making the case against cryptocurrency. Also...
China Is Racing to Launch a Digital Currency Ahead of FB’s Libra
20.8.2019
China’s central bank will soon launch its state-backed digital currency, influenced by Facebook’s Libra
Cryptocurrency Exchange Binance is Planning to Launch Venus, similar to Facebook Cryptocurrency Libra
20.8.2019
Binance, the world’s biggest cryptocurrency exchange, is initiating to launch “Venus,” by calling it as an “independent regional version of Libra,” as per the recent announcement. Binance further revealed that it is initiating a project that will develop digital assets...
Bank of America Files Patent for Multi-Tiered Digital Currency Wallet
19.8.2019
Bank of America has filed a patent for a digital asset wallet with multiple passwords and corresponding layers of access
Japan’s E-commerce Leader Rakuten Publicly Unveils Its Cryptocurrency Exchange
19.8.2019
Rakuten, Japan’s e-commerce giant, has publicly unveiled its digital currency exchange called Rakuten Wallet. The company made an official announcement on Monday in which it disclosed that the users could begin spot trading activity through a dedicated mobile application in three digital currencies...
China Outlined Plans for Development of Shenzhen Special Economic Zone, Which Includes Promotion of Digital Currency
19.8.2019
The Central Committee of the Communist Party of China on 18th August laid out the strategies for the future improvement of the Shenzhen Special Economic Zone, which includes the research and development of digital assets and the national cryptocurrency dependent on the renminbi. Especially,...
Philippines Increasingly Crypto Friendly – A Look at Driving Forces
18.8.2019
There are many reasons why the Philippines is becoming increasingly crypto-friendly. Not only has its central bank registered more crypto exchanges recently, but the Securities and Exchange Commission has also been actively finalizing crypto guidelines. The country has an active crypto community...
How Coinbase Quietly Became the World’s Biggest Bitcoin Bank
17.8.2019
On August 15, the San Francisco-based digital currency exchange Coinbase announced that it had acquired the cryptocurrency custody service Xapo’s institutional branch. The business move puts Coinbase in the limelight, making it the largest custodial service for digital assets worldwide, with...
Privacy Token Beam Completes First Hard Fork Against the ASICs
16.8.2019
Beam, the privacy coin based on Mimblewimble protocol, completed its 1st hard fork on 15th August 2019 at 19:00 hrs. (UTC) away from the ASICs. The scheduled fork was carried out at 321,321 blocks, according to the reports. Beam’s hard fork adapted the mining algorithm owing to the ASIC mining...
Samsung Adds Bitcoin Support to Its Blockchain Keystore
15.8.2019
On August 13, Samsung, the South Korean multinational conglomerate, published the company’s new Blockchain Keystore SDK for developers and the latest release supports Bitcoin Core (BTC). The version follows Samsung’s previous Keystore release which only supported ETH and the ERC20...