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Report: No Bank Account Needed to Transfer China’s Upcoming CBDC
30.8.2019
The upcoming China CBDC will be available to users without bank accounts, says Binance Research
China’s Digital Currency Will Be Two-Tiered, Replace Cash: Binance
29.8.2019
Binance claims the PBOC’s system will allow fund transfers without the need for a bank account using what it terms ‘decoupled’ banking
US SEC Reaches $10 Million Settlement With Digital Assets Issuers
29.8.2019
The US SEC has settled with a Dallas-based digital assets company and its founders for $10 million
Cryptocurrencies Such as Bitcoin Cash Shine During Hong Kong Protests
29.8.2019
The Hong Kong protests started in June 2019 over a controversial bill and now after weeks of demonstrations, marching citizens are fighting for the future of Hong Kong. In the midst of all the activists protesting, digital currencies like bitcoin cash are being promoted as a way for people...
IDAX Gears up to Launch TRX Market in Collaboration with Tron Foundation
29.8.2019
The world of digital currency or cryptocurrency is one of the most dynamic arenas which visualize advancements within the passage of a second. Every day marks the onset of something new and surprising, which makes the financial heads crave for more from this profit giving space of cryptocurrencies....
Binance Research Presented a Report on CDBC Proposed Digital Ledger
29.8.2019
The market analysis and research arm of Binance, Binance Research, has presented a report on the CDBC (Chinese Central Bank Digital Currency), the proposed digital currency by the People’s Bank of China. Further, in the report, titled “First Look: China’s Central Bank Digital...
Blockchain And Its Advantages For Online Sites
29.8.2019
Blockchain technology is the talk of the town right now. Huge numbers of companies around the world are exploring the innovation to see how it can revolutionize the industry they do business in. For those that don’t know, a blockchain is essentially a database. The thing that makes it unique...
Crypto Can Boost Indian Economy – How Banning Will Hurt it
29.8.2019
The Indian economy is experiencing severe economic slowdown not seen in many years, and cryptocurrency can potentially help. However, the government is considering a draft bill to ban cryptocurrencies, which could have undesirable consequences on the economy. Meanwhile, the Indian crypto community...
Crypto Salaries Gain Regulatory Recognition Around the World
29.8.2019
Salaries paid in decentralized digital coins have become a norm across the crypto industry, but there’s really no reason why cryptocurrencies can’t be used for remuneration by businesses in other sectors as well. In many jurisdictions that should be legal even in the absence...
Chinese Media Denies Report of Upcoming State-Backed Digital Token
28.8.2019
The building of the Chinese central bank. The report that the Chinese central bank will launch its digital token in the coming months and seven institutions will be the first to receive it are based on “not reliable” sources, major Chinese news app Tencent News, owned by tech giant Tencent, said...
Binance Chain Acquires Support From Bithumb Global
28.8.2019
Bithumb Global, an innovative digital asset trading platform, has decided to extend support to Binance Chain. Hence, the projects that are running on Binance Chain will now obtain Bithumb Global support. The official announcement was made by Bithumb Global through their micro-blogging handle...
Telegram to Beat Facebook to the Punch With Gram Token October Launch
28.8.2019
Telegram’s digital currency coming by October, sources claim
Unconfirmed: Eight Institutions to Get China’s Digital Currency First
28.8.2019
China will reportedly give eight organizations including Alibaba the first crop of its digital currency
CoinFlex Obtains 10M Dollars in Funding for BTC Futures Settlements
27.8.2019
CoinFlex, the first physically delivered digital currency futures exchange in the world based in Hong Kong, has received a whopping ten million dollars via a funding round which concluded in the past week, as reported by the South China Morning Post on 26th August 2019. As per the reports,...
ASX Developing New Blockchain-Based Platform With Digital Asset and VMWare
27.8.2019
The ASX (Australian Securities Exchange) is developing a new blockchain-based platform in partnership with companies Digital Asset and VMWare. This new platform will replace ASX’s existing registry, clearing and settlement system called CHESS (Clearing House Electronic Subregister System) by 2021....
‘Not an Audit’: IRS Notice Could Spell Trouble for Crypto Traders
26.8.2019
The IRS took to Twitter on August, 26, posting a video about recently mailed CP2000 notices, of special interest to crypto traders. The notice, which seeks to rectify discrepancies made by recipients in tax reporting, is another in a series of crypto-related letters recently sent by the agency....
Australian Securities Exchange Building New Blockchain Platform With VMWare, Digital Asset
26.8.2019
ASX and Digital Asset have signed a three-party memorandum of understanding (MOU) to build a replacement platform for the existing Clearing House Electronic Subregister System (CHESS) using distributed ledger technology
Market Update: Economists Envision Global Recession While Crypto Prices Soldier On
26.8.2019
Last week cryptocurrency prices bounced around after a majority of coins dropped in value on August 21. Today on August 26, digital currency markets have gained around 1.52%, gathering $4 billion since the initial slump. Despite the volatility, cryptocurrencies have consolidated and a...
Swiss Crypto Banks Receive Licenses From Financial Regulator
26.8.2019
Two Swiss banks have received a banking and securities dealer licence from the Financial Market Supervisory Authority
India Facing ‘Unprecedented’ Economic Slowdown, Extraordinary Steps Urged
26.8.2019
Many signs indicate that the Indian economy is under grave stress, affecting nearly all sectors. “India’s economy is in a deep mess,” due to initiatives such as demonetization and GST, some lawmakers say, as they urge the government to handle the situation “which...