New draft regulations from Iran’s central bank suggest a ban on cryptocurrency payments could appear. Iran’s central bank said it would consider opinions from the cryptocurrency sphere prior to finalizing new draft regulations, according to a statement today, Jan. 29. The same day, the Central Bank of Iran reportedly uploaded plans for its approach to […]
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11 Indian banks are involved in consultations to bolster blockchain-based supply chain financing for micro, small and medium sized businesses. Banks in India are collaborating on a new blockchain platform to remove financing hurdles for micro, small and medium size businesses (MSMEs), local daily news outlet Economic Times reported Jan. 28. A total of eleven […]
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Recap of this year’s World Economic Forum (WEF) Annual Meeting. This year’s World Economic Forum (WEF) Annual Meeting has finished, and it’s time to recap the highlights. The forum — held in Davos, Switzerland, as per tradition — lasted from Jan. 22 to 25. Similar to the last year, cryptocurrencies were one of the major […]
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The crypto bill is progressing through local government, with a decision ultimately due in mid-March. Lawmakers in the U.S. state of New Hampshire are currently considering a bill to legalize payment of fees and taxes in Bitcoin (BTC), documents originally published on Jan. 3 reveal. NH HB470 is currently making its way through chambers of […]
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A research institute established by the Indian central bank has issued a roadmap on blockchain adoption. India’s Institute for Development and Research in Banking Technology (IDRBT) has published a blueprint on blockchain implementation in the banking sector, Indian daily newspaper the Financial Express reported on Tuesday, Jan. 22. IDRBT was established by the Reserve […]
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Most of the top 20 cryptocurrencies are seeing slight to moderate losses, with Bitcoin hovering over $3,570. Tuesday, Jan. 22 — most of the top 20 cryptocurrencies are seeing slight to moderate losses on the day to press time. Bitcoin’s (BTC) price is still hovering over $3,550, according to Coin360 data. Market visualization from Coin360 At […]
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Senior adviser to Bank of England Governor Mark Carney said that cryptocurrencies are slow, lack value and fail basic financial tests. Huw van Steenis, senior adviser to Bank of England’s (BOE) Governor Mark Carney, told Bloomberg in an interview Monday, Jan. 21, that cryptocurrencies fail fundamental financial tests. Van Steenis joined BOE in 2018, having […]
Continue ReadingBlockchain firm Setl has hired Christian Noyer, former governor of the French central bank. British blockchain technology group Setl has hired former governor of the French central bank Christian Noyer as a member of its board of directors. The new appointment was confirmed in a blog post published on Jan. 17. Founded in 2015, Setl […]
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The network of altcoin Ethereum Classic undergoes a 51 percent attack, and Fortnite removes Monero from their merch store. Top Stories This Week Altcoin Ethereum Classic Reportedly Undergoes 51 Percent Attack Earlier this week, the Ethereum Classic (ETC) reportedly underwent a 51 percent attack. In the aftermath, crypto exchange Coinbase noted that upwards of $1.1 […]
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A new blockchain-powered platform, backed by Alipay’s blockchain technology, will deliver cross-border remittance service between Pakistan Malaysia. The Pakistan-based subsidiary of global telecommunications giant Telenor has launched a blockchain-powered cross-border remittance service, according to a press release published Jan. 8. Per the announcement, the Pakistan-based Telenor Microfinance Bank (TMB), Valyou — a Malaysian fintech subsidiary […]
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