China blockchain committee of 15 set up for digital yuan standard
The Chinese government together with its federal governments are getting much involved in blockchain technology to accelerate innovation in the entire nation. Recently, the Chinese government published an official notice claiming they had set up an official China blockchain committee, made up of 15 organizations to conceive standards for China’s blockchain and DLT. Moreover, the announcement […]
Japan-based DeCurret crypto exchange rolls out $25 million in new shares
Japan-based DeCurret cryptocurrency exchange, the firm behind the campaign on using digital currencies as a mode of payment for Japan’s giant transportation system, has just restructured its capital. Through a press release published on April 10, DeCurret announced it had rolled out new shares valued at roughly $25 million, in an arbiter allotment of shares. […]
Bitcoin and Asian Market: Two sides of the coronavirus coin
The Bitcoin and Asian market go a long way back, ever since a vibrant ecosystem of Bitcoin ETFs and cryptocurrency derivatives came into existence, gradually reducing the Western dominance on cryptocurrency markets. While there is no denying that the Western hemisphere did enjoy prominence in the mainstream asset market initially, several studies involving extensive cryptocurrency […]
BIS researchers forecast adoption of digital payments amid Covid-19
Bank for International Settlements (BIS) researchers have reiterated reports that the coronavirus could be spread through physical cash; hence, it could eventually result in the adoption of digital payments. Coronavirus pushes adoption of digital payments In accordance with the Bulletin recently released by BIS, the researchers noted that the impact of the virus is slowly […]
Digital dollar warning: Opposite of what crypto is all about – Demirors
Meltem Demirors, the chief strategy officer at Coinshares has issued a digital dollar warning, saying that the digital dollar is totally opposite of what crypto is and what it stands for. It is completely ‘different’ to what the crypto enthusiasts think. Unlike BTC or ETH, the digital dollar will be completely centralized and will be […]
Hawaii introduces digital currency sandbox to draw more investments
On 17th March 2020 Hawaii set its first-ever pilot program for digital currency sandbox in motion to lure more investments in the field. The successful launch was the result of a collaboration between the Department of Commerce and Consumer Affairs, Hawaii Technology Development Corporation (HTDC), and the Division of Financial Institutions (DFI). We are in […]