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 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...
The Office of the Comptroller of the Currency (OCC), the agency responsible for regulating banks in the United States, has requested public input into possible interface points between crypto and blockchain tech and mainstream banking architecture. OCC Regulatory Review Could Pave Way for Crypto Regulations In a press release on...
Major banking giants in Japan together crypto exchange platform DeCurret have formed a working group to explore digital currency payments interoperability. Meanwhile, regulators in the country are warning investment advisors to fulfill the necessary licensing requirements before offering their services. Japanese Banks Ponder Digital Settlements Infrastructure According to Reuters on...
Plutus, a fintech company focused on crypto rewards and loyalty points recently partnered with Nike, a global sports footwear and fitness company, to offer crypto and cash-back rewards for online shoppers on the latter’s platform. Crypto Rebate for Nike Merchandise According to a Medium blog post on Wednesday (June 3,...
An Iranian lawmaker is advising the government to actively control the development of the local Bitcoin (BTC) and crypto industry. Bitcoin Could be Beneficial for Iran According to Tasnim News Agency, Mohammad Hossein Farhangi, a member of Iran’s Parliament says the country’s government needs to move forward with developing its...
Weaker bitcoin miners are engaging in massive selloffs as Bitmain debuts a cheaper model in the Antminer series. Inefficient Miners Offloading Bitcoin Likely Signaling Capitulation Smaller Bitcoin miners appear to be capitulating as figures show massive BTC selling. This trend comes as the May halving sees block reward slashed by...
The Chinese Parliament has adopted the country’s first Civil Code, which among other things, enables citizens to inherit bitcoin and other cryptocurrencies. Crypto Inheritance Now Allowed in China In a report by local news outlet Xinhua News on Thursday (May 28, 2020), the adoption of China’s first Civil Code was...
