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Head of SIX’s Digital Asset Exchange Quits Over Strategy Disagreement
15.8.2019
Switzerland's SIX stock exchange has just lost a key executive in charge of its in-development digital assets exchange, SDX
Swiss SIX Digital Exchange CEO Departs Due to ‘Strategic Differences’
15.8.2019
CEO of Switzerland's SIX Digital Exchange, Martin Halblaub, leaves after eight months on the job
Central Banks Worldwide Testing Their Own Digital Currencies
15.8.2019
Central banks worldwide are examining the possibility of issuing a central bank digital currency (CBDC), with some already testing theirs for different uses. Countries that have advanced their digital currency projects include China, Singapore, Canada, the Bahamas, Thailand, Uruguay, and Sweden....
Three of the World’s Biggest Tech Companies to Testify Against French Digital Tax in US
14.8.2019
Over the past two decades, some of the biggest tech companies in the world originated in the United States, but it was not long before those companies expanded into the rest of the world. As long as those companies operating in the United States, they were governed by tax laws in their native...
Can Central Bank Digital Currencies Be Used to Fight Financial Crimes?
14.8.2019
Central bank-issued digital currencies could have a great advantage in combating the shadow economy and illegal activities, and they could be a viable alternative to digital currencies like Libra
RBI’s Power Over Crypto Challenged at Length in Indian Supreme Court Today
14.8.2019
The Indian supreme court resumed hearing the writ petitions against the banking restriction by the central bank, the Reserve Bank of India (RBI), on Wednesday. Many issues were discussed, ranging from the legality of the RBI action to the classification of crypto assets and how each country...
SEC Lodges Emergency Action Against Fraudulent Organizer of VERI ICO
14.8.2019
The United States Securities and Exchange Commission (SEC) has sought that the assets belonging to the organizer of VERI (Veritaseum) initial coin offering, Reginald “Reggie” Middleton, be frozen. The Commission has accused Middleton for conducting an illegal and fraudulent ICO for the VERI coins...
Investors to Get Bitcoin Refunds from Poloniex for May Flash Crash
14.8.2019
Poloniex has announced that it will be covering the losses incurred by investors during the flash crash that took place in May. The trading fees will be credited to lenders who lost big funds in the May market slump that involved the dubious digital currency ClAMS. As per the official blog post...
UN Investigating 35 North Korean Cyberattack Instances in 17 Nations
14.8.2019
The United Nations experts have said that they are probing a minimum of 35 cyberattack incidents in as many as 17 nations carried out by North Koreans. As per The Associated Press reports, North Koreans are using cyberattacks for raising money illegally for the nuclear program. Moreover, they...
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...
SEC Postpones Decision on Three Bitcoin ETF Rule Change Proposals
12.8.2019
The United States SEC has delayed its decision on whether to approve three Bitcoin ETF proposals
SEC Delays Decisions on 3 Bitcoin ETF Proposals Until Autumn
12.8.2019
The SEC extended the time it would have to make a decision on three different bitcoin ETF proposals Monday
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...