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US Treasury Secretary Yellen Outlines Plans to Regulate Stablecoins in Collaboration With the Fed, SEC, CFTC
17.7.2021
U.S. Treasury Secretary Janet Yellen will convene a meeting with the Biden administration’s working group on financial markets to discuss stablecoin regulation. “In light of the rapid growth in digital assets, it is important for the agencies to collaborate on the regulation of this...
Report: Tweaks to South African Tax Filing System to Result in Decreased Crypto Arbitrage
17.7.2021
Reports from South Africa suggest that tax authorities have plugged a loophole on the online tax filing system that enabled crypto arbitrage traders to make several purchases on overseas cryptocurrency platforms using just one approval. As a consequence of these tweaks, crypto arbitrage traders...
Steam Deck Might Not Play Some Of Steam's Most Popular Games
16.7.2021
The way Valve describes it, the new Steam Deck sounds like a tiny—but still alarmingly heavy—marvel, capable of running Steam’s vast library of games despite the beefy specs required to play many of them. However, it is at its core a Linux machine, and that may lead to some complications.Read more
Shapeshift to Dissolve Corporate Model, Platform Airdrops FOX Tokens to Community of Users
16.7.2021
Founded on July 1, 2014, Shapeshift has been offering global trading of a variety of digital assets for seven years. Following the company’s recent anniversary, it announced Shapeshift is evolving into a community-owned decentralized platform. Shapeshift founder Erik Voorhees explained in...
Nintendo's Switch Testing Program Just Got Uglier
14.7.2021
When a Nintendo Switch rolls off the proverbial factory conveyor belt, the systems don’t just get stuffed into boxes for sale. Nintendo tests all hardware to make sure that it runs correctly, of course. And as of the latest (and handy) Switch firmware update, the tool it uses to put the system...
Indian Bank Blocks Use of RBI’s Remittance System for Crypto While Government Delays Bill
13.7.2021
Major Indian bank ICICI has asked customers not to use the Reserve Bank of India (RBI)’s liberalised remittance scheme (LRS) for any crypto-related investments. ICICI, a leading private sector bank in India, has updated its retail outward remittance application to include cryptocurrency. With...
Africa Will ‘One Day Have a Common Currency’ Says Secretary General of African Continental Free Trade Area
13.7.2021
The secretary-general of the African Continental Free Trade Area (AFCFTA) secretariat, Wamkele Mene, says Africa will “one day have a common currency” via a proposed “Pan-African Payment and Settlement System (PAPSS).” He adds that such a currency will help “ease...
[aktualita] Budník a J&T kupují další českou IT firmu, Thein za stovky milionů získal C System CZ
12.7.2021
Skupina Thein, za kterou stojí bývalý šéf O2 a telco akvit PPF Tomáš Budník společně s J&T, uskutečnila další akvizici. Za řádově stovky milionů korun koupila českou IT společnost C System CZ. Ta se stane součástí rostoucího technologického portfolia Theinu. Fond má dosáhnout na agregované tržby...
DeFiDrop Offers a Safety Net against Dangers in Alternative Financial System
9.7.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists.
The point in Bitcoin has always been to disrupt the international financial system. Satoshi Nakamoto (Bitcoin's father) was very clear about his ambitions. His new digital currency is supposed to do away...
Crypto Derivatives Exchange Bybit to Introduce Stringent KYC Policy
7.7.2021
The British Virgin Islands-based Bybit Fintech Limited has announced the cryptocurrency derivatives exchange is introducing an updated know-your-customer (KYC) policy on July 12. Bybit notes that it already had certain KYC requirements implemented, but the new system reform is meant...
Ultra-Rare Zelda Cart Fetching 6 Digits Before Auction Even Begins
6.7.2021
A super-rare version of The Legend of Zelda for the Nintendo Entertainment System is getting a lot of attention at Heritage Auctions, where pre-bidding has seen the 1987 NES cartridge surpass $100,000 before the auction’s official July 9 start date.Read more
The New OLED Switch Wasn't What Anyone Was Hoping For
6.7.2021
For the past couple of years, Nintendo fans have been eagerly awaiting news of a new, more powerful version of the Nintendo Switch. We’ve been expecting a more robust Switch, capable of running games at faster frame rates and higher resolutions than ever before. The Switch (OLED Model) Nintendo...
Japanese Ruling Party Official Says Digital Yen Clarity Will Be Revealed in 2022
6.7.2021
While the U.S. ramps up discussions of a digital dollar and China’s central bank digital currency (CBDC) draws near, Japan’s CBDC, otherwise known as the digital yen, is getting closer to its realization as well. Japan’s ruling Liberal Democratic Party member, Hideki Murai...
Rumor: PS Vita Store Will Release No New Games After July 20
5.7.2021
We know the PS Vita will no longer have its store taken offline this month, but what no one thought to ask was: Will new games continue to be added? If the claims of Vita developer Spooky Squid Games prove to be true, theirs—Russian Subway Dogs—is to be one the last come July 20.Read more
Indian IT giant Tech Mahindra partners on blockchain system for vaccine tracing
5.7.2021
Aiming to tackle the supply chain issues that impact the stock and expiry of COVID-19 vaccines, Tech Mahindra and blockchain firm StaTwig will roll out a “VaccineLedger” solution worldwide
Binance Deploys Crypto Monitoring ‘Traveler’ System to Comply With FATF Travel Rule
3.7.2021
Binance announced yesterday it deployed Ciphertrace’s Traveler system as part of its compliance efforts. Traveler is the first system designed for exchanges to comply with the Travel Rule proposed by the Financial Action Task Force. The exchange would be among the first wave of exchanges...
Sony Will Keep Selling PSP Games After All
2.7.2021
This past April, Sony backed down from closing the PS3 and Vita digital storefronts amid a public outcry from fans and retro enthusiasts. Instead, Sony announced it would only move forward with its plan to end the sale of digital PSP games. Or so everyone thought. According to a notice recently...
Guilty Gear Strive Update Removes References To Taiwan, Tibet
1.7.2021
Alongside some gameplay adjustments, the latest Guilty Gear Strive update included stealth changes to the in-game glossary that have raised some concerns over the concessions they seem to make to the oppressive Chinese government.Read more
Beijing and Suzhou Railways Now Accept Digital Yuan Payments for Ride Fares
1.7.2021
Beijing subway has officially launched a new program that allows passengers to pay for rides with the central bank digital currency (CBDC) also known as the digital yuan. The news follows the subway system in East China’s Jiangsu province in the city of Suzhou which also allows digital yuan...
Fed Vice Chair Quarles Says Digital Dollar Could Pose Significant Risks to US Banking System
1.7.2021
The Federal Reserve’s vice chairman of supervision and the chair of the Financial Stability Board (FSB), Randal K. Quarles, doubts the benefits of the digital dollar but says it “could pose significant and concrete risks” to the U.S. banking system. Fed Vice Chair Speptical About...