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Bitcoin Trading Exploding in India Since Supreme Court’s RBI Ban Reversal

May 28, 2020 by Osato Avan-Nomayo at Regulation

Bitcoin (BTC) trading in India is experiencing a resurgence since the Supreme Court’s decision to nullify the central bank’s 2018 crypto ban. However, insiders say the lack of regulatory clarity is still posing hurdles for virtual currency commerce in the country. India’s Booming Bitcoin Trading Scene According to Quartz India,...

China National Blockchain Network Goes Live April 2020

China: Lawmaker Proposes Creation of a National Blockchain Fund

May 25, 2020 by Anthonia Isichei at Blockchain

China's blockchain adoption could go a step further with lawmakers looking at the creation of a national blockchain development fund. Authorities in Beijing continue to push for more involvement of the country's government in leveraging the emerging technology across several economic sectors. National Blockchain Development Fund Under Consideration According to...

Blockchain Technology Can Scale to 100 Million Equity Trades per Day, DTCC Study Claims

DTCC Studying DLT for Digital Asset Tokenization and Settlement

May 19, 2020 by Osato Avan-Nomayo at Blockchain

Financial markets infrastructure provider, Depository Trust & Clearing Corporation (DTCC), is exploring the possibilities of utilizing distributed ledger technology (DLT) for digital asset tokenization and optimizing settlement processes. Improving Settlement and Token Security According to Finextra, New York-headquartered financial market infrastructure company DTCC has announced two new studies geared towards...

Square Cash App Introduces Automatic Recurring Bitcoin Buys

May 19, 2020 by Anthonia Isichei at Bitcoin

Square’s Cash App recently added a new feature that will enable automatic recurring Bitcoin purchases on its platform. Also, users can now change their display to satoshi on the Cash App platform. Stacking Sats Frequently on Cash App The CEO of Twitter and payments platform Square, Jack Dorsey, announced the...

India Veg Food Fruit Red Green Yellow White

Blockchain Company and Indian Government Partner to Improve Farmers’ Visibility

May 13, 2020 by Anthonia Isichei at Blockchain

Agri10x, an agricultural blockchain-based startup, has inked a partnership deal with the Indian government to help local farmers gain seamless interaction with the global market through the use of blockchain technology. Agri10x Offers Blockchain Support for Farmers The news of the partnership was reported by Business Standard on Tuesday, May...

UAE Bank Deploys RippleNet For Bangladesh Remittance Corridor

May 12, 2020 by Osato Avan-Nomayo at Altcoins

United Arab Emirates-based commercial bank RAKBank has partnered with Asia, a major bank in Bangladesh to facilitate cross-border remittance transactions. Ripple’s digital payment solution RippleNet will be utilized for the initiative. Banks Expand Cross-border Remittance with DLT According to a press release, the UAE’s 9th largest bank has partnered with...

KFC Debuts Blockchain Media Pilot in the Middle East

April 29, 2020 by Osato Avan-Nomayo at Blockchain

Popular fast-food chain Kentucky Fried Chicken (KFC) is set to deploy a blockchain pilot to revamp its digital advertising and media buying across the Middle East. The move signals the latest adoption case for decentralized technology by participants in the restaurant business. KFC Taps Blockchain for Digital Advertising According to...

Nasdaq and R3 Partner to Create Corda-Powered Digital Asset Management Platform

April 29, 2020 by Anthonia Isichei at Blockchain

Stock exchange behemoth Nasdaq is set to integrate with enterprise blockchain firm R3 to utilize the latter's Corda platform to create an ecosystem for a full-spectrum digital asset marketplace. The move indicates a continuation of Nasdaq's growing crypto and blockchain adoption, creating more on-ramps for institutional exposure to virtual assets....

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