Adult Entertainment Supported by Crypto Shoppers During Quarantine

While crypto spending has fallen in some areas, Coingate reported an increase in the number of adult entertainment transactions. While many crypto holders around the world are practicing self-quarantine and other measures to limit social contact, some are turning to the adult industry for comfort.  Speaking to Cointelegraph, cryptocurrency payment processor CoinGate reported an increase […]

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UnionBank Head Foresees the End of Physical Cash

UnionBank head forecasts that the coronavirus will drive banks to shift towards digital currencies, leaving physical cash behind. Edwin Bautista, president and chief executive of UnionBank of the Philippines, has forecast that the coronavirus outbreak will drive banks to shift towards digital currencies, leaving physical cash behind. As Euromoney reported on April 3, Bautista noted […]

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Blockchain Head at European Commission Explains Usefulness of DLT

The European Commission sees some specific uses for blockchain technology in coordinating communication between member states, fostering crypto innovation. The head of the digital innovation and blockchain unit at the European Commission (EC), Pēteris Zilgalvis, explained the concise benefits of distributed ledger technology (DLT) in an interview to The Banker, a subsidiary of the Financial […]

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