Search
Bank of China: Digital yuan payment option must be offered in retail scenarios
4.9.2023
In the short term, the e-commerce platforms can integrate the CBDC through the QR codes
China’s Central Bank Official Stresses on Use of Digital Yuan in Retail Sectors
4.9.2023
The head of the Digital Currency Research Institute at the People's Bank of China (PBOC), Changchun Mu, has emphasized the necessity of making the digital yuan available for all retail payment scenarios.
Mu made this statement during a trade forum held in Beijing, where he also underscored...
FTX wallet shifts $10M in crypto, sparking fear of token dumps to come
4.9.2023
The transfer of millions in altcoins has ignited concerns of FTX creating a potential dump across the crypto markets
Chinese Bank Uses Digital Yuan Giveaway to Promote Waste Recycling Drive
4.9.2023
A Chinese commercial bank has launched new digital yuan-powered recycling rewards programs, with citizens receiving CBDC tokens in exchange for recycling their waste.
Per Danzong, via Xinhua, the Qingdao Branch of the Bank of Communications has launched a CBDC-powered rewards solution.
The bank...
Fact or Fiction? Theories Littered Across Social Media About Blackrock’s Alleged Bitcoin Buying Spree
3.9.2023
This past week, the U.S. Securities and Exchange Commission (SEC) delayed seven spot bitcoin exchange-traded funds (ETFs), including Blackrock’s proposed Ishares Bitcoin Trust. Alongside this news, Into The Block metrics indicate that from August 13 to the 31st, large BTC holders dubbed...
Crypto Regulation: Binance Australia's General Manager Ben Rose Provides Perspective on Digital Asset Laws
2.9.2023
During an interview at the Intersekt Fintech conference in Melbourne, Australia, on August 31, Ben Rose, General Manager of Binance Australia, expressed strong confidence in the ability of Australian regulators to make informed decisions regarding digital asset regulations in the country.
Rose's...
Colorado DMV Accepts Crypto Payments Through Paypal
2.9.2023
The Colorado Department of Motor Vehicles (DMV) has announced it accepts cryptocurrency for its online services via the payment processor Paypal. Besides paying local taxes with coins, residents of the crypto-friendly state will be able to use their digital cash to renew driver’s licenses...
Worldcoin Claims Signups Soar in Argentina: 9.5K Users Verified in a Single Day
2.9.2023
The number of verifications for Worldcoin, the biometric digital ID and wallet project, has soared recently in Argentina, reaching a daily signup record in August. According to data provided by the project, Worldcoin verified 9,500 Argentine users in a single day, with only four verification...
Digital rupee gets big usability boost through Yes Bank integration with UPI
1.9.2023
Yes Bank’s app UPI integration is the first for the Indian retail CBDC, which has seen a variety of projects since its pilot launch since December
Crypto Thefts in 2023: Nearly $1 Billion Lost to Scams and Exploits, Reports Certik
1.9.2023
According to cybersecurity firm Certik, nearly $1 billion in cryptocurrency has been pilfered due to scams, rug pulls, and exploits throughout 2023. The company highlighted that the combined incidents in August alone led to a loss of $45.8 million. Certik Analysis: Cryptocurrency Losses Near...
Cambridge Revises Bitcoin Mining Index, Lowers BTC’s Estimated Power Use
1.9.2023
Cambridge Centre for Alternative Finance has significantly revised its Bitcoin Electricity Consumption Index, lowering its estimates of the cryptocurrency’s energy use after finding its previous model greatly overstated power consumption. Cambridge Centre Revises Bitcoin Energy Estimates...
Today in Crypto: 5-Country Joint Advisory Report Warns About Russian Malware Targeting Crypto Users, IBM Shares 5 Points for Success of Digital Euro
1.9.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: 5-Country Joint Advisory Report Warns About Russian Malware Targeting Crypto Users, IBM Shares 5 Points...
China Court Classifies Digital Assets As Property Despite Blanket Ban By Government
1.9.2023
A People’s Court in China has stated that under the existing legal framework, digital assets have economic value and are still legal property backed by law.
In a recently published report cited by local media analyzing the legality of cryptocurrencies, the court highlighting the criminal...
All about Benzinga’s Future of Digital Assets Conference
1.9.2023
Benzinga, the leading financial media company for next-generation investors, is excited to announce a robust lineup of speakers that includes the world’s top investors, founders, and entrepreneurs for its annual Future of Digital Assets Conference on November 14 in New York City. This...
Stablecoins Can Provide an Escape From High-Inflation Currencies: Brevan Howard Digital
1.9.2023
Usage has shown a low correlation with crypto exchange volumes, which suggests that significant stablecoin transaction volumes are likely being used for non-speculative purposes, the report said
Just Over Half of Turkey’s Adults Invested in Crypto Assets Between Nov. 2021 and May 2023 — Study
1.9.2023
In the 18 months between Nov. 2021 and May 2023, the proportion of Turkish adults who invested in cryptocurrencies grew from 40% to 52%, data from the latest Kucoin report has shown. The report also revealed that 54% of Turkish adults who invested in crypto for the first time in the past year were...
HashKey Capital's $100M Digital Asset Fund to Invest Significantly in Altcoins: Reuters
1.9.2023
Less than half of the fund's investments will be in bitcoin (BTC) and ether (ETH), the two largest cryptocurrencies, with the aim of diversifying allocations to smaller cap assets
Circle Partners With Mercado Pago to Offer USDC to Chilean Customers
1.9.2023
Circle, a financial services company, has announced a new partnership with Mercado Pago, Mercado Libre’s digital payments wallet, to bring the USDC stablecoin to its Chilean customers. The partnership will allow millions of users in Chile to access USDC via Mercado Pago’s services...
Likou, China, to Become Digital Yuan ‘Demonstration Town’ – CBDC Adoption Gathers Pace?
1.9.2023
A Chinese town has agreed to become a digital yuan “demonstration town” after striking a CBDC deal with a major, state-run bank.
Per JSChina, the deal was struck in Likou, a town in Siyang County, near the city of Suqian in China’s Jiangsu Province.
The People’s Government of Likou Town...
US Lawmaker: Americans Don’t Need CBDC That Can Track Purchases Like China’s Digital Yuan
1.9.2023
Several lawmakers have expressed concerns about the privacy risks of the Federal Reserve issuing a central bank digital currency (CBDC). “Americans have a right to financial privacy,” one congressman said, emphasizing: “We do not need a CBDC that can track your purchases like China does...