The Italian Banking Association announced it would be ready to start work on a European central bank digital currency. The Italian Banking Association (ABI) has revealed it would be willing to support the implementation of a digital currency from the European Central Bank. According to a June 28 update on the ABI website, the association […]
Continue Reading
Some Russian regulators propose a blanket ban on digital asset trading, but the country is too far along the path of crypto adoption. Russia has long been home to a vibrant crypto retail market, yet the nation’s regulation of digital assets still lags behind. As a spate of stakeholders and disparate regulatory authorities struggles to figure […]
Continue Reading
The emerging distributed ledger technology industry has been threatened by various illicit activities. Here are some strategies you should know about to protect yourself. In August 2010, a bug in the Bitcoin network that allowed large transactions to be added to the ledger without proper verification was identified by a hacker. The hacker generated and […]
Continue Reading
Tencent has reportedly expanded its dominance in blockchain patents after filing for DLT-based fund management, advertising and media storage solutions. Tencent has been expanding its research into blockchain, with the firm registering a series of patents detailing distributed ledger technology (DLT)-based solutions for fund management, and advertising. Chinese media outlet Egsea reported the patents on […]
Continue Reading
As dark clouds gather above India’s crypto sector, Binance has joined the country’s top internet association in a bid to shape the industry’s future. Leading cryptocurrency trading platform Binance has joined the Internet and Mobile Association of India’s (IAMAI) digital asset exchange committee. The association is the top trade body representing digital firms in India […]
Continue Reading
A survey by Deloitte shows blockchain is increasingly becoming a priority among companies with a broad understanding of it. Auditing giant Deloitte’s latest survey shows that almost 40% of respondents from major technology companies worldwide currently have blockchain in production — and almost nine in ten think blockchain will become more important in the next […]
Continue Reading
Major telecoms provider Zain has joined the governing council for distributed ledger platform Hedera Hashgraph. Zain Group — a leading telecoms provider in the Middle East and North Africa (MENA) region — has joined the governing council for enterprise-grade distributed ledger platform Hedera Hashgraph. Zain provides mobile voice and data services to over 49.5 million […]
Continue Reading
The co-founder of the Baseline Protocol believes that crypto is still 15–20 years away from finding significant mainstream adoption. ConsenSys developer and Baseline Protocol co-founder, John Wolpert, has predicted that we may still be decades away from seeing wholesale mainstream adoption of crypto assets and distributed ledger technologies. “My personal point of view is that […]
Continue Reading
The third decade of the 21st century will make cryptocurrency the main payment method worldwide because of its benefits over fiat. The world has been slowly recovering from the COVID-19 pandemic, while some countries are bracing themselves for a potential second wave, but the economic downturn in many fields is imminent. This has spurred debates […]
Continue Reading
The co-founder of Turkish stablecoin project BiLira predicts that Turkey’s government will soon introduce new regulations for blockchain within the next year. The co-founder of BiLira (TRYB), the first stablecoin pegged to the Turkish Lira, is predicting that Turkey will announce a new regulatory framework for blockchain “within the next year.” In an interview with […]
Continue Reading