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.
The news of the U.S. Securities and Exchange Commission (SEC) coming after Ripple continues to have negative consequences for the blockchain outfit MoneyGram distances itself from the company. MoneyGram Clears the Air on Ripple Partnership International remittance outfit MoneyGram published a press release on Wednesday (Dec. 23, 2020) addressing the...
China's targeted blockchain adoption agenda is set to gain more ground with the country's banking association set to deploy decentralized ledger technology (DLT) in verifying bank audit letters. In recent times, blockchain adoption among public and private actors has continued to grow in the country despite negative crypto policies. Strong...
Bitwise Asset Management has joined the list of investors ditching their XRP positions amid the backlash of the US Securities and Exchange Commission (SEC) probing Ripple for selling the token as an unlicensed security. XRP No Longer Part of the 'Bitwise 10' In a press release issued on Wednesday (Dec....
Traders looking for a Bitcoin (BTC) price correction in the short-term might have to wait a while according to JPMorgan analysts who say the institutional herd is currently providing adequate support for the current bullish momentum. Several publicly-listed firms have announced massive BTC purchases as more companies pivot towards holding...
A research center from the University of Glasgow has partnered with Everledger, a blockchain startup, to ensure transparency in the whisky industry and combat fakes, using blockchain technology. Blockchain Technology to Safeguard Rare Whiskies According to an official publication on Friday (Dec. 18), the University of Glasgow’s Scottish Universities Environment...
UK financial regulators will allow crypto firms with pending registration applications to continue to operate until the middle of 2021. The agency plans to use the extension to clear the applicant backlog as its operations have been hamstrung by the ongoing coronavirus pandemic. FCA Announces Temporary Registration Regime for Crypto...
OSL, a top digital asset trading platform in Asia has received licenses from Hong Kong’s Securities and Futures Commission (SFC). The firm is also looking to obtain a license from Singapore’s regulatory body. OSL Becomes SFC’s First Licensed Crypto Exchange Platform According to an official release on Tuesday (Dec. 15),...
The World Economic Forum (WEF) announced the completion of a proof-of-concept that would track carbon dioxide emissions using blockchain technology. Proof-of-Concept Solution to Track Greenhouse Gas Emission According to an official publication on Tuesday (Dec. 15), the WEF’s Mining and Metals Blockchain Initiative (MMBI) developed a proof-of-concept carbon tracing platform...
South Korea's healthcare sector is seeing an increase in blockchain adoption as practitioners pivot towards virtual contact with patients amid the ongoing coronavirus pandemic. From the handling of clinical research data to patient information, the novel tech is experiencing utilization in South Korea as stakeholders prioritize privacy and efficiency within...
Zhou Xiaochuan, a former governor of the People’s Bank of China (PBoC), stated that China’s planned central bank digital currency – Digital Currency Electronic Payment (DCEP) – has no plans to topple existing sovereign currencies. Digital Yuan Not a Threat to U.S. Dollar or Euro According to the South China...
Analysts at Wall Street Banking giant JPMorgan are predicting an increase in institutional Bitcoin (BTC) investment from insurance companies and pension funds. In recent months, BTC has become something of a coveted investment vehicle on Wall Street with several publicly-listed firms electing to hold the largest crypto by market capitalization...
Economist Raoul Pal says Ethereum's (ETH) probable adoption as programmable money may see it becoming the largest cryptocurrency by market capitalization, overtaking Bitcoin (BTC) within the next ten years. At such a time, several blockchain networks may account for a larger share of the global financial markets as digital assets...
Four US Congressmen have called on US Treasury Secretary Steve Mnuchin to reconsider pursuing regulations focused on self-hosted crypto wallets. The call is the latest opposition to the rumored plan that could see US exchanges demanding user identity verification before allowing withdrawals to non-custodial wallets. Mounting Opposition to Crypto Wallet...
Singapore's government is the latest in Asia to dole out millions of dollars dedicated towards blockchain adoption as the novel tech continues to gain a foothold in the region. Southeast Asia continues to see increasing levels of adoption for crypto projects and decentralized ledger technology (DLT) protocols. $9M Fund to...
China's central bank and the Hong Kong Monetary Authority (HKMA) are gearing up to conduct a pilot test of the e-yuan central bank digital currency (CBDC) system. The move further broadens the scope of the digital currency electronic payment (DCEP) with plans to introduce the currency in Macau as well....
