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Telecom Giant Vodafone Dumps Facebook’s Libra Association

January 22, 2020 by Ogwu Osaemezu Emmanuel at Regulation

Vodafone Group plc, a London-based multinational telecommunications conglomerate established in 1991, has officially exited Facebook’s Libra Association, to focus on its own payment solution known as M-Pesa, and possibly expand the product’s reach to all parts of Africa, according to reports on January 21, 2020. Facebook’s Project Libra Loses Another...

IOST (IOST) Node Operator PHI Launches DAO Project in Switzerland

January 22, 2020 by Ogwu Osaemezu Emmanuel at Altcoins

PHI, a Japanese distributed ledger technology (DLT) project that is part of the IOST (IOST) developer community, is co-hosting a blockchain summit with IOST in Switzerland, as part of plans to promote the GUILD project, an IOST-powered decentralized autonomous organization (DAO), according to a blog post on January 20, 2020....

OECD Launches Blockchain Expert Group to Promote DLT Adoption

January 22, 2020 by Ogwu Osaemezu Emmanuel at Blockchain

The Organization for Economic Cooperation and Development (OECD), has created a Blockchain Expert Policy Advisory Board (BEPAB) to make it easier for governments and other stakeholders to tap the benefits of distributed ledger technology (DLT). BEPAB is made up of several heavy hitters in the blockchain space, including IBM, R3,...

Cardano’s (ADA) EMURGO Ally with Uzbekistan to Promote DLT Adoption

January 20, 2020 by Ogwu Osaemezu Emmanuel at Altcoins

EMURGO, the official commercial arm of Cardano (ADA) has set up a strategic blockchain taskforce with Uzbekistan's National Agency of Project Management (NAPM), the KOBEA group, a technology consulting company, and Infinity Blockchain Holdings, an investment firm. EMURGO will lead the development of a legal framework for security token offerings...

The Sandbox Blockchain Gaming Ecosystem Inks Deal with NonFungible.com

January 20, 2020 by Ogwu Osaemezu Emmanuel at Altcoins

NonFungible.com, the largest database of blockchain gaming and crypto collectible markets, has inked a partnership deal with The Sandbox, an upcoming decentralized voxel game world. The new alliance will enable NonFungible.com to provide The Sandbox players with detailed information concerning the game’s non-fungible tokens (NFTs), reports Sludgefeed on January 20,...

Staunch Bitcoin Critic Claims He’s Lost His Bitcoin, Crypto Twitter Reacts

January 20, 2020 by Ogwu Osaemezu Emmanuel at Bitcoin

Peter Schiff, an American stockbroker, financial commentator, economist and bitcoin (BTC) critic has taken to Twitter to claim that he has suddenly lost access to his bitcoin wallet despite entering the correct password. Peter Schiff Loses his Bitcoin On January 19, 2020, popular bitcoin hater, Peter Schiff announced on Twitter...

ASIC Gives Australian Fintech Firm the Nod to Launch Bitcoin Fund

January 20, 2020 by Ogwu Osaemezu Emmanuel at Bitcoin

The Australian Securities and Investment Commission (ASIC), the nation’s financial watchdog, has given the Raiz micro-investing app, the approval to add a Bitcoin fund to its list of investment services. Raiz says it would invest 95 percent of clients’ money in exchange-traded funds (ETFs), while the remaining 5 percent will...

TRONZ Foundation Aims for a Guinness World Record with the Largest Privacy Protocol

January 17, 2020 by Ogwu Osaemezu Emmanuel at Altcoins

TRONZ Foundation, a team of TRON (TRX) community developers, is currently working on the largest privacy protocol dubbed Multi-party Computation (MPC) Torch, to set a new Guinness world record and place blockchain technology in the consciousness of the masses, according to a blog post on January 17, 2020. TRONZ Foundation...

Canada Tightens Regulatory Oversight for Crypto Exchanges

January 17, 2020 by Ogwu Osaemezu Emmanuel at Regulation

The Canadian Securities Administration (CSA), the nation’s financial regulator has released new guidelines to govern crypto market participants in the country. The new guidelines require all bitcoin (BTC) trading venues and crypto exchanges to come under its purview and operate in total compliance with securities law, according to a Finance...

Turkey could be ready to Launch National Digital Currency in 2020

Turkey’s Gold-Backed BiGA Cryptocurrency Now Fully Functional

January 17, 2020 by Ogwu Osaemezu Emmanuel at Bitcoin

Turkey’s gold-backed cryptocurrency, BiGA is now fully functional, with several financial institutions in the region, including Albaraka Turk, Kuveyt Turk, and others, already transacting with the digital asset, according to a Finextra report on January 17, 2020. Turkish Banks Integrate BiGA Turkey’s top lender, Istanbul Clearing, Settlement and Custody Bank...