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China Testing Digital Currency in Major Cities, Including Beijing and Hong Kong

17.8.2020
China’s Ministry of Commerce has announced the pilot run of the country’s central bank-backed digital currency in major cities, including Beijing, Hong Kong, and Macau. It will also be tested during the 2022 Winter Olympics games in Beijing, the ministry said. China Announces Testing...

Blockchain Venture Capital Firm SPiCE VC Taps Coinbase as Digital Asset Custody Partner

17.8.2020
SpiceVC announced it has signed an agreement with Coinbase Custody, under which Coinbase will serve as the digital asset custodian for the Spice token

Buffett Bought Gold, Will Buy Bitcoin: Morgan Creek Digital Co-Founder

17.8.2020
Morgan Creek Digital’s co-founder believes that while Buffett himself is unlikely to buy Bitcoin, younger people working at his investment firm will

$217 Million Pour Into Grayscale’s Crypto Funds Following Bitcoin TV Ad Campaign

16.8.2020
Grayscale Investments announced that it has raked in record investments of $217 million the week its TV commercial campaign launched. The company’s crypto TV commercial kicked off on CNBC, MSNBC, FOX, and FOX Business. Following Grayscale, Michael Novogratz’s Galaxy Digital places...

US Regulator Charges Tech Firm, CEO in $5 Million ICO Fraud Case

16.8.2020
The United States Securities and Exchange Commission (SEC) jointly charged Virginia-based Boontech and CEO, Rajesh Pavithran for fraud and registration violations. The charges stem from an initial coin offering (ICO) that raised $5 million from 1,500 investors around the world in exchange for Boon...

Mike Novogratz’s Galaxy Digital Holdings Reports $38.5 Million Income for Q2: “We’ve Crossed the Rubicon’

16.8.2020
Galaxy Digital Holdings reported on Friday, August 14 that its comprehensive income for Q2 grew to $38.5 million. The figure reflects both net realized and unrealized gains from digital assets, as well as investing activities of $28.3 million. In an earnings call, Galaxy Digital President, Chris...

California Moves Forward With Digital Asset Bill

15.8.2020
Originally seeking to define digital assets, the bill now orders for a study to look at the impact of digital assets if these were securities

Good Stablecoin Rules in the EU Pave the Way for CBDCs and a Digital Euro

15.8.2020
In the EU, getting laws right on Libra could be the best way to speed up a digital euro from the European Central Bank

US Federal Reserve Reveals Building a Digital Dollar Codebase With MIT

15.8.2020
The U.S. central bank has been working on creating a digital dollar, according to a recently published transcript from Federal Reserve Board Governor Lael Brainard. On Thursday, she told participants attending “San Francisco’s Innovation Office Hours” webcast, that the Fed...

PayPal Co-Founder, DCG-Backed BTC Mining Firm Layer1 Accused of Patent Infringement

15.8.2020
Data center power management firm Lancium filed a lawsuit against Layer1 today, alleging that the BTC mining firm’s operations had infringed upon its patent

Market Update: BTC Inches Toward $12K, ETH Jumps 12%, Report Says LINK May See ‘Rough Waters’

14.8.2020
Digital currency markets have increased significantly in value during the last 24 hours as the market capitalization of all 5,700+ coins is up over 2.4% on Friday. Bitcoin has been inching toward the $12k region again and ethereum touched a high over $442 a coin during the afternoon trading...

Thailand’s Central Bank Eyes DeFi Use Cases for Its Digital Baht

14.8.2020
Thailand’s central bank assesses the chances of bringing centralized and decentralized together

Fed Is In No Rush With Decision on Digital Dollar - Governor

14.8.2020
Lael Brainard. Source: a video screenshot, Youtube, CNBC Television Following speculations about a potential upcoming digital version of the US dollar, an official with the US Federal Reserve revealed yesterday that the central bank is indeed experimenting with distributed ledger technology (DLT)...

China Set for Huge Expansion of Digital Currency Pilot

14.8.2020
The Chinese central bank is reportedly set to massively expand the scope of its digital yuan pilots – as the nation edges closer to a central bank digital currency (CBDC) issuance. Per a report from the Wall Street Journal, the nation’s Ministry of Commerce said that the pilot – so far active...