About Author:
1 Confirmation with Jeff and Dave
A graduate of English, I stumbled on cryptocurrency while trying to proofread an article for a friend back in 2011, and since then, I have been hooked! I play word games when I am less busy (I'm a pro by the way) and I am a tennis aficionado.
Some analysts from Canada’s central bank, the Bank of Canada (BoC), opined that some of the key characteristics of a proposed central bank digital currency (CBDC) model should be accessibility, efficiency, affordability, and resilience. Bank of Canada CBDC Could Adopt Cash Characteristics The Bank of Canada published a new staff...
The volume of Bitcoin positive sentiments on the popular microblogging platform Twitter has faced a decline since the BTC’s third halving event in May 2020. This could be as a result of the price of Bitcoin not reaching the expected surge following the halving. Bitcoin Sentiment Experiences Significant Dip Post-2020...
The New York State Department of Financial Services (NYDFS) is proposing a Conditional BitLicense to make it easier for crypto firms to operate in the state. In addition, the New York financial regulator issued new guidelines for coins listing. New York Financial Regulator Loosens Up With Conditional BitLicense In an...
Vietnam’s anti-crypto stance appears to be going nowhere as a former police chief recently advised the public not to invest in cryptocurrency schemes. Advertising Crypto Investment Schemes Illegal in Vietnam According to the Saigon Times, an ex-police Vu Hoang Kien chief says advertising crypto investments in the country are illegal....
The UnionBank of the Philippines, one of the Philippines’ major banks, partnered with a cryptocurrency remittance platform and Ripple partner, Coins.ph, to introduce a cash-out network to enable make it easier for citizens to send money abroad. UnionBank and Coins.ph to Provide Financial Access to the Unbanked According to a...
Finland-based shipping company, Viking Line, recently became the world’s first shipping firm to receive verification from Vechain-backed international registrar and classification society DNV GL. Viking Line Makes History With DNV GL’s My Care Verification The shipping company announced the news of the verification in an official press release. According to...
The Public Debt Management Office (PDMO), under Thailand’s Ministry of Finance, will be utilizing Krung Thai Bank’s (KTB) blockchain platform to sell government bonds to the general public. Thailand to Sell Government Bonds via Blockchain According to a report by a local news outlet The Nation Thailand, on Tuesday (June...
The Islamic Development Bank’s (IsDB) research division has collaborated with Blocko, a blockchain technology company, to build a blockchain-powered credit system. Sharia-compliant Blockchain Lending According to a report by Construction Business News on Tuesday (June 16, 2020) IsDB’s Islamic Research and Training Institute (IRTI) together with Blocko, is developing a...
Antalya Homes, a leading real estate firm in Turkey, announced that the company made a record-breaking sale on one of its properties via Bitcoin payment. Antalya Homes Receives Payment of $1.25 Million in Bitcoin According to a press release on Monday (June 15, 2020), Antalya Homes witnessed an increase in...
South Korea’s central bank, the Bank of Korea (BOK) has set up a legal advisory committee that will look into any possible regulatory roadblocks when issuing its planned central bank digital currency (CBDC). Bank of Korea Continues to Forge Ahead With CBDC Plans According to The Korea Times on Monday...
The South Korean government has decided to tax profits on cryptocurrency trading, which could take effect from 2021. Capital Gains Tax on Crypto Trading According to a report from News Asia on Thursday (June 11, 2020), cryptocurrency traders in South Korea could be taxed capital gains on their crypto trading...
Native tokens of decentralized exchanges (DEX) are yielding greater returns than their centralized counterparts. This massive price gains from DEX coins comes as the trading volume on decentralized crypto bourses crossed the $3B mark for the year, far outstripping the figures recorded in 2019. DEX Coins Outperforming their CEX Counterparts...
Coinbase, a major U.S. crypto exchange platform, is considering introducing support for 18 altcoins, including DigiByte (DGB), VeChain (VET), and Synthetix (SNX), among others. Coinbase on an Altcoin Listing Spree According to a tweet on June 10, 2020, San Francisco-based Coinbase crypto exchange is mulling the listing of 18 new...
Tyler and Cameron Winklevoss, co-founders of the crypto exchange Gemini, will be working with content creation company Stampede Ventures to adapt the book “Bitcoin Billionaires” into a movie. "Bitcoin Billionaires" Movie Adaption Portrays Winklevoss Twins' Redemption Story The news of the partnership was reported by Deadline on Monday (June 8,...
Russia will employ blockchain technology for electronic voting (e-voting) on the forthcoming constitutional amendment. Among other changes in the country’s constitution is an extension of President Vladimir Putin’s tenure by 12 years. Blockchain Voting to Decide Putin’s Fate In an official government release on Friday (June 6, 2020), Moscow, Russia’s...
