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Japanese Banking Giant MUFG to Issue Its Own Stablecoin in H2 2020
14.7.2020
Japan’s largest financial institution, Mitsubishi UFJ Financial Group, is planning to issue the MUFG token in the second half of 2020
VMware Joins Samsung, Salesforce as Investor in Digital Asset’s Series C Funding Round
14.7.2020
Enterprise blockchain maker Digital Asset announced that VMware has joined its Series C funding round, though it didn't say how much it raised
Fidelity Digital Assets to Custody Bitcoin in Kingdom Trust Retirement Accounts
14.7.2020
Kingdom Trust CEO Ryan Radloff hopes the partnership with Fidelity will nudge the investment giant closer to serving retail crypto investors
MPC’s 10th Annual Mobile & Digital Commerce Event is Now Virtual on August 24-26, 2020
14.7.2020
World’s Leading FinTech Brands Covering MPC20 Virtual Attendee Costs as Digital Commerce Takes Center Stage in Today’s Economy. PHOENIX, July 13, 2020: MPC20, the premier MPC Mobile & Digital Commerce Event, announced today that it will host its 10th annual conference for FinTech innovators...
Bank of England Considering a Central Bank Digital Currency, Governor Says
14.7.2020
The U.K.'s central bank is discussing the possibility of launching a digital currency, perhaps in several years
Abra Crypto App Charged by SEC for Transactions Affecting Thousands of US Stock and ETF Purchases
13.7.2020
Abra cryptocurrency app has been charged by two U.S. regulators: the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). The company has agreed to cease-and-desist orders as well as fines. The SEC says Abra’s employees “effected thousands...
Covid-19 Forces Indians to Embrace Digital Payments but Country Still Lacks Crypto Regulation
13.7.2020
The global pandemic Covid-19 is forcing Indians to resort to digital payment platforms when settling bills as well as paying for groceries. Before the Covid-19 outbreak, Indian citizens largely ignored a 2016 government decree that attempted to achieve the same, reports The Economic Times of India....
G20 Lays Regulatory Groundwork for Accepting Digital Payments
13.7.2020
G20 officials announced on July 11 that they would begin laying the regulatory groundwork for the group to accept digital payments
$424 Million and Numismatic Value: There’s Only 20,000 Casascius Physical Bitcoins Left Unspent
12.7.2020
For many years now physical bitcoins have been a very popular trend, but one specific type called the Casascius physical bitcoin collection has intrigued people for years. Last December, someone redeemed a 100 BTC Casascius bar and since then 560 Casascius coins worth $5.1 million have been...
Much Anticipated Central Bank Digital Currencies Raise Privacy Concerns
12.7.2020
CBDCs are one of the hottest topics in the fintech space, but as their inception comes closer, serious privacy concerns come with it
Cryptocurrency News From Japan: July 5 - July 11 in Review
11.7.2020
Tosei real estate and Tokyo Financial Holdings issued an asset-backed digital financial product, Coinage registered with Japanese authorities as an exchange and more headlined news from Japan this past week
How are Central Banks Exploring Central Bank Digital Currencies?
11.7.2020
At a time when enterprises are moving fast toward the adoption of blockchain technologies, central banks are exploring digital currencies as an alternative to replace their cash in circulation. A Central Bank Digital Currency (CBDC) is the digital form of fiat currency. Not to be confused with...
Blockchain Changes Gaming Economics, Forte Exec Explains
11.7.2020
Forte Labs' vice president of token economics explained blockchain underpinning can affect in-game asset supply and demand economics
Japanese Broker Monex Launches Crypto-Based CFDs With 2x Leverage
10.7.2020
The Japanese online securities company Monex has revealed the launch of cryptocurrency-based contract-for-difference (CFD) services that went live on Wednesday. The new derivatives products offered by Monex will include bitcoin, XRP, ether, and bitcoin cash pairs with 2x leverage. Japanese digital...
Bitfinex Must Face New York’s Accusations Over the Loss of $850M in Co-Mingled Funds
10.7.2020
The popular digital currency trading platform, Bitfinex must deal with the New York Office of the Attorney General (NYAG) over the alleged hiding of over $800 million in client and corporate funds. The NY state Supreme Court’s Appellate Division overruled an appeal on Thursday, after...
Book Review: Digital Is the Cash
10.7.2020
"Digital is the Cash" is a short, accessible read, looking at cryptocurrency from a vaguely African perspective, with a strong preference for Dash
CFTC Hints at Future Digital Asset Regulatory Framework
9.7.2020
The commodities regulator has a four-year plan for fostering responsible innovations in the crypto asset space
Nonfungible Tokens and the Future of Commerce
9.7.2020
The unlimited potential of blockchain technology is unleashed when used in conjunction with nonfungible tokens
China’s Giant Ride-Hailing Service Didi to Pilot the Central Bank’s Digital Yuan
9.7.2020
The Chinese government and the country’s central bank, the People’s Bank of China (PBoC), are currently in the midst of testing a digital yuan or central bank digital currency (CBDC). Now the Chinese ride-hailing corporation Didi Chuxing will be trialing the newly developed digital yuan...
ING Joins Crypto Industry Body Working to Set Codes of Conduct
9.7.2020
The banking group has joined crypto industry body Global Digital Finance to help develop best practices for custodial firms and wallets