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Top Chinese banks promote CBDC over local payment firms for shopping festival

26.4.2021
Leading Chinese banks are promoting the digital yuan over Alipay and WeChat Pay for an upcoming shopping festival in China

African Digital Media Company Set to Hold NFT Auction Featuring Artwork by Kenyan Filmmaker Rich Allela

25.4.2021
A Kenya-based digital media company, Picha Images, is reportedly set to hold one of the first non-fungible token (NFT) auctions in Africa. The auction event, which is set to be held between April 26 through May 3, 2021, will initially feature the works of Rich Allela, the award-winning photographer...

OCC Grants Crypto Firm Paxos ‘Conditional Approval’ for US Bank Charter

24.4.2021
The digital currency and stablecoin issuer Paxos has been granted conditional approval for a bank charter under the Paxos National Trust in New York. The U.S. Office of the Comptroller of the Currency issued a preliminary conditional approval which means the regulating entity still has to authorize...

Two Major Hotels in Touristic Spanish City to Accept Crypto Payments in the Wake of Covid-19 Crisis

24.4.2021
Sevilla is becoming a crypto-friendly city in Spain at a fast pace, with two prominent local hotels announcing they will start accepting crypto payments. Hotel Bécquer and Hotel Kivir have joined the crypto adoption bandwagon by allowing customers to book rooms with digital assets. Hotels Will...

Crowny Listing on AscendEX

24.4.2021
PRESS RELEASE. AscendEX, formerly BitMax, an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the listing of the Crowny Token (CRWNY) under the pair USDT/CRWNY on Apr 21 at 1:00 p.m. UTC. Crowny has created a new platform by aligning...

Bitfarms Partners With Foundry, Joins US Mining Pool, Fleet Expands by 2,465 Bitcoin Miners

24.4.2021
On April 23, the publicly listed mining operation Bitfarms revealed a partnership with the Digital Currency Group (DCG) subsidiary Foundry Digital LLC. Bitfarms will be joining Foundry’s American mining pool and the two bitcoin mining firms have revealed the joint purchase of 2,465 Whatsminer...

Hot Tub Streams Are Waning, But Some People Still Think They’re Destroying Twitch

23.4.2021
It’s hot tub stream summer, and everybody’s got an opinion. This week, for example, the biggest streamer on Twitch, Félix “xQc” Lengyel, called hot tub streams “trash,” saying that they’re “the most pathetic thing we’ve seen on Twitch in forever” and petitioning for them to be removed from...

Norway to start digital currency tests after four years of research

23.4.2021
The Norwegian central bank aims to find a preferred CBDC solution through new technical tests

Report: Banking Giant Natwest to Refuse Service to Businesses That Accept Cryptocurrencies

23.4.2021
The major retail and commercial financial institution National Westminster Bank (Natwest) has categorized cryptocurrencies as “high risk” and refuses to serve business customers who accept digital assets for payments. A Natwest board member, Morten Friis, explains the bank has...

Our Man in Shanghai: DogeMania, ‘Dog-Coin’ trademark dogfight, hashrate outage, government warms up to crypto

23.4.2021
Global BTC hashrates still down over 15% following accident, Dogecoin the subject of trademark applications, and government official mentions BTC as an investment alternative

US House Passes Bill Mandating SEC and CFTC to Establish Working Group Focused on Digital Assets

22.4.2021
The U.S. House of Representatives has passed a crypto-related bill introduced by pro-bitcoin Congressman Patrick McHenry. It requires the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) to establish a working group focused on digital assets. Bill...

Wallex Bank: Launching The Next Level Asset and Digital Asset Ecosystem

22.4.2021
Wallex Trust & Custody, a fintech company based in the USA and Europe that offers trust and custody services among its clients across borders notably in Europe, Asia, and Africa, has announced it has received a banking Crypto and Insurance license issued by the Comoros International Banking...

Online Music Store Beatport to Start Accepting Bitcoin Payments, Launches Curated NFT

22.4.2021
A major American DJ-related online music store has joined the crypto adoption frenzy by accepting bitcoin payments. Beatport is the latest firm that adopts a crypto payment gateway after signed a partnership with crypto exchange Crypto.com. Bitcoin Payment Gateway Will Be Launched in June Per Music...

New digital dispute rules aim to keep crypto disagreements out of court

22.4.2021
New digital dispute rules could keep smart contract disagreements out of the courts with the help of an independent arbitration tribunal

China's digital yuan could be a fatal blow for Macau casino junkets

22.4.2021
Macau's casino junket operators have already been on the rocks during the coronavirus pandemic, and some fear that they could be “faded out” following the introduction of a fully traceable digital yuan

First Digital Trust announces $2.15M funding for Asian digital payments service

22.4.2021
The funding will be used to develop debit and credit card payment rails in Asia

Beyond Finance Listing On Ascendex

21.4.2021
PRESS RELEASE. AscendEX, formerly BitMax, an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the listing of the Beyond Finance Token (BYN) under the pair USDT/BYN on April 20 at 1:00 p.m. UTC. Beyond Finance is a synthetic asset trading...