High ranking officials of the People’s Bank of China (PBOC) have hinted that the apex bank is looking for ways to regulate bitcoin (BTC) as an investment vehicle, as they have major roles to play in the future, according to a Weixin report on April 18, 2021. China May Soften...

Brevan Howard is the latest asset management firm to delve into the booming crypto space. As per a Bloomberg report, the European hedge fund plans to invest 1.5% of its $5.6 bn assets under management into digital currencies. The firm will therefore buy about $84 million in cryptocurrencies for its...

The Department of Economic Development (Dubai Economy) and the Dubai International Financial Centre (DIFC) have both agreed to come together to expand the scope of their blockchain-based KYC platform across the United Arab Emirates (UAE).  A Nationwide Blockchain KYC Platform According to the Islamic Finance News on April 13, the...

The European Investment Bank (EIB) is looking to adopt distributed ledger technology (DLT) for the sales of its digital bonds. The financial institution is collaborating with several top banks, including Goldman Sachs, Banco Santander SA and Societe Generale AG to make the project a huge success, according to a Bloomberg...

As Bitcoin smashes new highs on its ascent, the entire crypto arena cheers from the sidelines. What’s good for Bitcoin is good for the industry. Coinbase’s IPO is a clear sign that Bitcoin and the other cryptos are here for the long haul. That makes the team at Mobie very...

The award-winning, New York-based Times Magazine now accepts cryptocurrencies as payment in partnership with Crypto.com, an announcement on Apr 19 reveals. Times and Crypto.com Partnership Helping Accelerate Crypto Adoption Any of the over 2.3 million Times subscribers who elect to pay using cryptocurrencies for their one-time purchase or Subscriber-only events...

The Bank of England (BoE) and Her Majesty's Treasury (HM Treasury) have jointly created a task force for the UK's proposed central bank digital currency (CBDC) project. Taskforce to Explore Modalities for UK's CBDC In a press release published on Monday (April 19, 2021), the BoE and the HM Treasury...

The Governor of the Bank of Korea (BOK) Lee Ju-yeol opined that adopting cryptocurrency as a means of payment came with limitations. The statement comes as company behemoths are including crypto as a payment option on their platforms. BOK Governor Not Impressed With Crypto According to a report from local...

The total crypto market cap lost $12 billion of its value for the last seven days and now stands at $2,054 billion. The top 10 coins were mostly in green for the same time period with Dogecoin (DOGE) and Bitcoin Cash (BCH) leading the pack with 440 and 36.8 percent of...

The total crypto market cap added $168 billion to its value for the last seven-days and now stands at $2,106 billion. The top 10 coins were mostly in green for the same time period with Polkadot (DOT) being the only exception with its 7.1 percent of price decrease. Bitcoin (BTC)...

With the Coinbase IPO just the other day, the platform is sending out invitations to customers on the waitlist to stake their Ethereum. Soon, the long wait will pay off as promised by the Coinbase team as waitlist registrations started mid-February and have been running since then. ETH 2.0 Staking...

Unless you have been living under a rock, you will have heard about Ethereum. It is a blockchain that has given Bitcoin a run for its money over the years. A decentralized protocol, meaning no interference from Governments, intermediaries or even the tax man, it allows developers to build their...