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Switchere: Buy Crypto with CC, Pay with Local Banks, Swap and Sell Coins Online
18.9.2020
Presently, the crypto market is witnessing an incredible growth and massive adoption worldwide. Digital transformation and tokenization give freedom to deployment of cryptocurrencies in everyday life. However, one thing worth careful considering is how to choose a trustworthy online crypto exchange...
US Homeland Security Challenges Freelancers to Design It a Digital Wallet
17.9.2020
DHS officials are putting up $25,000 in cash prizes to designers who win the month-long competition
Binance Supporting Flow Blockchain with BUSD Stablecoin
17.9.2020
New York, September 17, 2020 — Binance, the global blockchain company behind the world’s largest digital asset exchange by trading volume and users, announced today the agreement to support BUSD stablecoin on Flow, the blockchain developed by Dapper Labs, the company behind...
Societe Generale to Use as Many as Five Blockchains in Capital Markets Trials
17.9.2020
A tech-focused subsidiary of Societe Generale said it will trial up to five different blockchains to understand their usefulness in capital markets
Geopolitical fallout of central bank digital currencies
17.9.2020
China might lead the charge into the digital economy, but will being the first major economy to launch a CBDC be enough to win global reserve currency status?
No need for central bank digital currency in Australia says Reserve Bank
17.9.2020
Unlike China, Sweden, and Canada, Australia is reluctant to issue a CBDC
Global Digital Industry Group Launches Mining Business Bitworld
17.9.2020
The UAE cryptocurrency giant, Global Digital Industry Group (GDIG), has established its mining subsidiary Bitworld and will invest $50 million in the company by 2021 as it works to build the company’s presence in the Middle East bitcoin and Ethereum mining industry. GDIG has appointed...
Proposed Bermuda Bank Taps Anchorage as Digital Asset Custody Partner
16.9.2020
Under the partnership, Anchorage will provide digital asset custody services to Jewel, which is applying for its full bank license in Bermuda
BIS Seeking Blockchain Expert to Lead Digital Currency Research
16.9.2020
BIS is looking for a blockchain engineer to take a lead on its digital currency initiatives, which includes CBDC and digital security research
Bahamas to Roll Out ‘Sand Dollar’ Digital Currency Next Month
16.9.2020
The Bahamas' "Sand Dollar" will likely be the world's first live central bank digital currency when it launches in October
China’s Digital Yuan to Defend State Monopoly on Money – Central Bank
16.9.2020
Central bank digital currencies (CBDCs) like the Chinese digital yuan project may well bring centralization of money to a whole new level, an article by a top Chinese central bank official reveals.
In the article, written by People’s Bank of China (PBoC) deputy governor Fan Yifei for the bank’s...
The Bahamas will launch a digital Central Bank ‘Sand Dollar’ in October
16.9.2020
The Central Bank of The Bahamas is planning to launch a national cryptocurrency across its entire archipelago next month
Report: Market Valuation of 14 Banking Giants Shed $635 Billion This Year
16.9.2020
The world’s largest banks lost a considerable amount of market valuation amid the Covid-19 pandemic, according to a new report that estimates financial incumbents lost $635 billion. Between December 2019 and August 2020, the market caps of 14 major banking institutions lost upwards of 30-50%...
Forex Strapped Nigeria Designates Crypto Assets as Securities
15.9.2020
The Securities and Exchange Commission (SEC) of Nigeria has designated crypto assets as securities as the authorities step up efforts to regulate Africa’s largest cryptocurrency market. The SEC says the classification of crypto assets for regulation is consistent with the country’s...
Galaxy Digital Leads $1.2M Raise for Startup Creating Automated Ethereum Services
15.9.2020
Gelato said the seed round will fund further development of its bot network that will provide automated smart contract execution
US Consumers Flock To the First Mastercard Branded BitPay Card
15.9.2020
New data from BitPay shows that American consumers are flocking to load the first Mastercard branded BitPay card with top digital assets. The popular cryptocurrency payment services provider debuted the new card in June 2020 and the company’s transactions reached a new high in July. The data...
Will a Digital Yuan Sound the Death Knell for China’s ATMs?
15.9.2020
The rollout of China’s digital yuan could spend the end for the nation’s ATMs, per a new report – with digital finance marginalizing hole-in-the wall-based technology.
Per media outlet Huo Long Guo Cai Jing, the ATM industry was at its peak in 2015, when some 252,000 machines were installed...
Nigeria regulators recognize digital assets in stunning new statement
15.9.2020
‘Virtual crypto assets are securities, unless proven otherwise,’ the Nigerian SEC said
No one can refuse China’s digital currency, says central bank exec
14.9.2020
The digital renminbi is legally compensatory to China’s fiat currency
The Moss Piglet Dilemma: Paypal Bans Payments to Merchants Using the Word ‘Tardigrade’
14.9.2020
The popular payment provider Paypal has been known for cutting off a number of merchants and organizations over the years. This week, the public found out that Paypal has been censoring merchants that sell items related to the name “tardigrade” just because a Balkan arms dealer uses...