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PlexCorps and United States SEC Reach Settlement
13.8.2019
According to the latest reports, the case between PlexCorps and the United States SEC (Securities and Exchange Commission) has reached a settlement. Both the individual defendants have given their written consent to pay the fines and refrain from participating in the activity of digital securities...
Market Outlook: Bitcoin Cash Spikes While Economic Fears Spread Worldwide
13.8.2019
On Tuesday, August 13, most digital currency prices have dropped in value between 2-5% while crypto trade volumes globally have fallen to $46 billion in the last 48 hours. Despite the downturns across the board, bitcoin cash (BCH) is holding steady, up 2% today and now commanding the fourth largest...
IBM and Tata Communications have Joined Hedera Governing Council; Declares Hedera Hashgraph
13.8.2019
Hedera Hashgraph Declares that International Business Machines Corp (IBM), and Tata Communications have joined the Hedera governing council, a distributed open ledger platform that intends to be faster and keeps running at a bigger scale than current blockchain technologies, a top representative...
Crypto Vs. Cash: Which Countries Expect to Go Digital Soon?
12.8.2019
Bitcoin instead of cash money - is it real and where?
China’s Digital Currency will Soon See The Light of The Day
12.8.2019
China has fervently regressed the idea of Cryptocurrency; the reason is simply that it would distort the functioning of the conventional monetary market. Cryptocurrency, the concept as such is predominantly dependent on the blockchain technology which claims itself to be on a decentralized platform...
The Digital Transformation Event for Financial Leaders is Located at the Business Design Centre – London on 23rd October 2019
12.8.2019
– Co-located with Connected World Summit & Smart Home Summit– The financial sector is at the forefront of digital innovation with disruption taking place at every level. New technologies, increasing competition and ever-growing consumer expectations have resulted in a turbulent financial...
China’s Central Bank ‘Close’ to Launching Official Digital Currency
12.8.2019
An official at China's central bank has said the institution is nearing the launch of its national digital currency
Crypto Regulations Are Changing Worldwide to Comply With FATF Standards
12.8.2019
Governments worldwide are changing the way they regulate crypto assets to comply with the global cryptocurrency standards set by the Financial Action Task Force (FATF). Some are amending existing laws, while others are creating a new system to cooperate and share data. Also read: China Publishes...
Is China on the Verge of Releasing a Digital Fiat?
12.8.2019
China’s central bank has revealed details of a plan to issue a blockchain-powered digital fiat – and appears to be assembling a host of resources and personnel to speed up the process.
Per a report from Beijing Business Today (republished by Shina), the deputy director of the People’s Bank of China...
China’s Digital Currency Is Ready, Central Bank Says
11.8.2019
The People’s Bank of China says a prototype of its digital currency has been fully developed, and it is now ready to launch
Cobo, the Leading Cryptocurrency Wallet Connects with Binance Coin
11.8.2019
Cobo wallet will permit the Binance Coin holders, to access the decentralized applications, which also includes FOMO3D, CryptoKitties, and much more. Cobo’s association with the digital assets like EOS, TRX, ETH, and different projects implies that the wallet enables its clients to access...
Report Suggests 15 Countries are Planning Global Monitoring System for Cryptocurrency Under FATF
10.8.2019
As per the latest report released by Nikkei Asian Review, a news outlet based in Tokyo, as many as 15 countries are planning to form a global digital currency monitoring system. This system will be developed alongside the FATF, short for Financial Action Task Force, the intergovernmental...
Now That Bitcoin 'is Digital Gold,' Which Crypto is For Payments?
10.8.2019
Ever since the post-April cryptocurrency bull market, Bitcoin has been gradually consolidating its status as a store of value. This was confirmed most emphatically on July 11, when Federal Reserve chairman Jerome Powell told the U.S. Senate banking committee that investors use the cryptocurrency...
India Plans to Introduce Crypto Bill Next Parliament Session – A Look at Community Responses
10.8.2019
The Indian government has submitted a draft crypto bill to the supreme court and expressed its intention to introduce the bill in the next parliament session. The court subsequently set a new date to hear the case relating to crypto regulation. Meanwhile, the Indian crypto community has ramped...
Ripple Invests in Equilibrium Connect for the Growth of Inter-ledger Ecosystem
10.8.2019
Xpring, the development arm of Ripple, will be supporting Equilibrium Connect as per the reports. The start-up is focused on creating open-source tools for the inter ledger protocol to encourage more business houses and people to use it. Ripple developed the ILP solution to help the financial...
Digital Yuan: Weapon in US Trade War or Attempt to Manipulate Bitcoin?
9.8.2019
Six years after beginning to research digital technologies, China has finally decided to accelerate the development of a state cryptocurrency
German Company Secures €750 Million ‘Eco-Friendly’ Loan Via Blockchain
9.8.2019
Blockchain enables syndicated loans and digital identification
US Exchanges Race to Launch Regulated Physically-Delivered Bitcoin Futures
9.8.2019
The race to launch regulated physically-delivered bitcoin futures is back on for three US-regulated trading platforms after one of them hit a snag with the country’s derivatives regulator, the Commodity Futures Trading Commission. Two other exchanges are racing to launch similar products this...
Novogratz’s Crypto Bank Galaxy Digital Invests in Digital Asset Lender
8.8.2019
Cryptocurrency commercial bank Galaxy Digital provided funding to digital asset lender DrawBridge Lending
Indian Supreme Court Heard Crypto Case in Depth Today
8.8.2019
The Indian supreme court finally heard the crypto case today after postponing it several times. The court addressed the government’s crypto policy as well as the writ petitions challenging the banking restriction by the central bank. The latter was heard in some detail while the former...