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3 Chinese E-Commerce Giants Join China’s Latest Digital Yuan Lottery Trial: Report
11.12.2020
Didi, Meituan and Bilibili are reportedly taking part in the latest test of the digital yuan, allowing lottery winners to spend the digital currency online
Cash Still a Top Hedge Pick, but Digital Winning Payments War – Bank Srategist
10.12.2020
Cash has not lost its luster yet, as the global public still sees it as a vital hedge in times of crisis, stated a Deutsche Bank strategist – but the coronavirus pandemic has accelerated the rate at which people around the world are trashing cash in favor of digital forms of payment.
In a session...
Southeast Asia’s Largest Bank DBS Launches Full-Service Bitcoin Exchange
10.12.2020
DBS, the largest bank in Southeast Asia, has officially announced the launch of several crypto services, including a crypto exchange. DBS’ crypto trading platform supports four fiat currencies and four cryptocurrencies, including bitcoin. DBS Launches Bitcoin Services DBS officially announced...
Spain’s Second Largest Bank BBVA Launches Bitcoin Trading and Custody in Switzerland
10.12.2020
BBVA, the second-largest bank in Spain, has announced the launch of its bitcoin trading and custody service through its Swiss subsidiary. Beginning with bitcoin, BBVA plans to expand its services for other cryptocurrencies. BBVA Rolls Out Bitcoin Trading and Custody Services BBVA announced...
DBS Bank’s Digital Exchange to Begin Trading Crypto ‘Next Week’
10.12.2020
The DBS Digital Exchange is 10% owned by Singapore's SGX stock exchange
Fidelity Digital to Accept Bitcoin as Collateral for Cash Loans
10.12.2020
Fidelity Digital says it will allow institutional customers to pledge bitcoin as collateral against cash loans in partnership with Blockfi. The firm’s decision helps bitcoin investors turn their digital holdings into cash without selling. Fidelity’s targeted clients include hedge funds...
Canadian Crypto Company Increases Its Bitcoin Treasury Holdings to $3.6 Million
10.12.2020
BIGG Digital Assets, a Canadian crypto company, revealed this week that it bought 40 additional bitcoins for long-term treasury holding. The purchase increased BIGG’s reserves to 189.5 bitcoins valued at US$3.63 million in total. The Canadian Securities Exchange-listed firm spent about CAD$1...
‘Absolutely Inevitable’: Standard Chartered Bank CEO Sees Widespread Cryptocurrency Adoption
9.12.2020
Standard Chartered Bank CEO Bill Winters sees the adoption of digital currencies as “absolutely inevitable.” He says there is a role for both private digital currencies and state-backed ones. His bank subsequently announces that it is launching a crypto custody service, supporting...
Mass Adoption of a Digital Euro Could Be a ‘Clear Negative’ for Europe’s Banks: BofA
9.12.2020
A Bank of America report on a possible mass-adopted digital euro noted that such movement could spell difficulty for commercial banks that could see some of their deposits migrate to the European Central Bank
Fidelity Digital to Accept Bitcoin Collateral on Cash Loans for Institutions
9.12.2020
Fidelity Digital Assets is reportedly partnering with crypto lender BlockFi for the new business angle
Crypto Mining Crisis in Abkhazia Worsens After Power Substation Caught Fire
9.12.2020
The crypto mining crisis in Abkhazia is closely reaching its boiling point following the burnout of a power substation amid the refusal of both illegal and legal crypto miners to slow down their operations in the state. Crypto Mining Crisis Abkhazia Keeps Worsening Sputnik Abkhazia has reported...
Ensuring trust in crypto is tough, but audits and transparency go a long way
9.12.2020
Cryptocurrency platforms perform audits to ensure transparency, but it’s not a golden solution to solve all potential trust and security issues
Report: Cryptos Set for Massive Adoption in the US as More Americans Embrace Digital Alternatives to the Dollar
9.12.2020
A survey commissioned by Satoshilabs finds that from the 45.8% of American respondents that say they own cryptos, nearly all of them (95%) believe cryptos to be a genuine currency solution. In addition, about 31.7% of those surveyed see crypto as a legitimate alternative to the U.S. dollar, while...
The Global Games Industry Conference Pocket Gamer Connects Digital #5 Returns in 2021
9.12.2020
The Global Games Industry Conference ONLINE Following four fantastic digital events in 2020, Pocket Gamer Connects will return in 2021 with another world-welcoming online conference. A Pocket Gamer Connects online conference is the perfect way to meet, learn from, and do business with over 1,300...
EURST Stablecoin – The Cost of Answering the Call of the Economic Times
9.12.2020
The technological developments brought about by the invention of blockchain, bitcoin, and cryptocurrencies are rapidly transforming the financial landscape with the nascent industry failing to fit any conventional classification to become an asset class of its own. Stablecoins Are the Solution...
Hundreds of millions of consumers will use digital currencies soon: Circle CEO
9.12.2020
Executives from Facebook’s ‘Diem’ Association, Circle, Soramitsu, and Coinbase discussed how and when digital currencies will go mainstream, at the Singapore Fintech Festival
India’s State-Regulated Digital Payments Network Is Dominated by Google and Walmart
9.12.2020
A shared payments infrastructure initiated by the state and joined by major Indian banks, the United Payments Interface (UPI) accounted for over 2.2 billion transactions in November
Give Commercial Banks More Power over Digital Ruble – Industry Leader
9.12.2020
Commercial banks should be the gatekeepers of the digital ruble: This was the message from a Russian crypto and blockchain industry group chief – as the nation’s Central Bank gears up to launch a pilot for its forthcoming digital currency.
Russia is just one of the many nations now engaged in...
Blockchain tech 13X 'too expensive' to justify use: DocuSign CEO
9.12.2020
The DocuSign CEO estimates the cost of providing the firm’s e-signature and digital identity services are 13X higher using blockchain technology
Mike Novogratz has 50% of net worth in crypto, advocates up to 5% for investors
8.12.2020
“I think a new investor could put 5% into Bitcoin. Bitcoin’s not going back to zero.”