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 Hong Kong Monetary Authority (HKMA) is pursuing a comprehensive fintech revamp for the city and its plans include central bank digital currencies (CBDC). However, easier access to crypto assets does not seem to be a part of the HKMA’s fintech agenda. HKMA Examines Both Retail and Wholesale CBDCs In...
The Bank of England (BoE) stated that stablecoin payments should receive the same regulations as bank payments, if the former gains widespread adoption. BoE Says Stablecoin Regulatory Framework Necessary in the UK According to Reuters on Monday (June 7, 2021), the BoE in a Discussion Paper, said that it was...
Leading European digital assets investment firm CoinShares has listed three of its physically-backed crypto exchange-traded funds (ETPs) on Germany’s major stock exchange Börse Xetra. Three Crypto-Based ETPs Cross-Listed on Börse Xetra The company announced the cross-listing in a press release on Monday (June 7, 2021). According to the announcement, three...
Indian tech leader Nandan Nilekani has joined the chorus of people encouraging greater crypto adoption in the country. Meanwhile, issues concerning cryptocurrency regulations remain unclear in India with several conflicting communique from state authorities. There is a Role for Crypto According to a report by the Financial Times on Monday...
Florida-based personalized healthcare and technology firm Progressive Care, said that it was receiving bitcoin payment for its rapid COVD-19 testing services. Bitcoin Payment Accepted for COVID-19 Tests According to a press release on Friday, (June 4, 2021), Progressive Care announced that individuals can now pay with bitcoin for the company's...
Chinese regulators in the Hainan province have warned residents not to involve themselves in cryptocurrency-related fundraising activities, as they are illegal in the island province. Hainan Cautions Against Illegal Crypto-Related Fundraising Activities According to Reuters on Thursday (June 3, 2021), a report by Nanguo Metropolis Daily stated that the local...
Japanese cryptocurrency exchange giant bitFlyer, is now enabling U.S. customers to trade its BTC/JPY trading pair, a move that could improve bitcoin trading volume and liquidity for the yen-denominated pair. BTC/JPY Trading Pair Now Available to US Customers bitFlyer customers in the United States can now start trading the BTC/JPY...
The largest U.S.-based cryptocurrency exchange Coinbase, stated that it has integrated Apple Pay and Google Pay, enabling online shoppers to pay with their Coinbase Card on both online payment platforms, while also earning crypto rewards. Shop With Coinbase Card on Apple Pay and Google Pay In a blog post on...
A former official of the People's Bank of China (PBOC) argued that contrary to opinions about China's central bank digital currency (CBDC), the digital yuan was not developed for monitoring purposes. Digital Yuan Not For Tracking Citizens' Payments According to Bloomberg on May 30, Yao Qian, the former director of...
Dubai authorities issued a warning against a digital currency called Dubai Coin, stating that the token never received approval from any official authority. Dubai Does Not Have an Official Digital Currency In a tweet on Thursday (Amy 27, 2021), the Dubai Media Office said that an unlicensed website was promoting...
Billionaire businessman and founder of diversified holding company Icahn Enterprises, Carl Icahn, has revealed that he is looking at getting into the cryptocurrency industry in a big way, with the possibility of investing up to a billion dollars in crypto assets. Crypto is Here to Stay In an interview with...
Nebraska has signed a bill into law that will allow financial institutions in the state to function as digital asset depositories. With the new state banking charter, institutions can offer cryptocurrency-related services to customers. Nebraska Following Wyoming's Lead According to a press release by Telcoin, a blockchain fintech company, Governor...
Bank Indonesia (BI), the central bank of the Republic of Indonesia, has joined other apex banks globally to explore central bank digital currency (CBDC), as the bank is planning to launch its digital currency amid a spike in online transactions. Meanwhile, South Africa is focusing on a feasibility study for...
Major IT and software development company Globant has become the latest institutional giant add bitcoin to its balance sheet. Globant Buys $500,000 Worth of Bitcoin The company revealed its bitcoin purchase in a document filed with the U.S. Securities and Exchange Commission (SEC). According to the filing, Globant purchased $500,000...
Following his earlier criticisms of Bitcoin's energy usage, Tesla CEO Elon Musk has met with bitcoin miners in North America to promote the use of renewable energy for BTC mining activities. New Bitcoin Mining Council Formed After Meeting Tweeting on Monday (May 24, 2021), Musk revealed that bitcoin miners based...
