sponsored A blockchain ecosystem has the ambition of bringing together the world’s best DApps in one place – reducing the number of logins and tokens crypto users need. Free products and services on the internet are a hit with the public, but a new blockchain-based ecosystem believes that most consumers are unaware of the risks […]
Continue ReadingTrace Mayer and John McAfee are among critics claiming the exchange is limiting withdrawals in the run-up to the Proof of Keys event. Cryptocurrency exchange HitBTC has yet to respond to accusations it deliberately froze account withdrawals on Jan. 1, days prior to entrepreneur Trace Mayer’s Proof of Keys event. In a series of tweets, […]
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The efforts of the UAE to introduce relevant crypto regulation will put the county at the forefront of the industry, experts say. The United Arab Emirates (UAE) is looking to join the list of leading destinations for blockchain-related businesses in 2019 due to promising new crypto legislation. Experts commented on the situation to the UAE’s […]
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The Advisory Council of the United Arab Emirates Banks Federation discussed applying blockchain in its member banks to improve KYC processes. The Advisory Council of the United Arab Emirates Banks Federation (UBF) discussed applying blockchain in its member banks, according to the Dubai-based English language newspaper Gulf News on Dec. 17. The Advisory Council of […]
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German state-owned bank KfW will trial its blockchain-driven app in Burkina Faso, where it also funds water supply and sanitation programs. Germany’s major state-owned bank KfW and Burkina Faso’s Ministry of Finance will test a blockchain application for use in public financial management, according to a statement posted Monday, Dec. 17. KfQ, ranked in 2017 […]
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CULedger, a U.S. credit union service organization-owned blockchain consortium, has joined enterprise software firm R3’s global blockchain ecosystem. CULedger, a credit union service organization (CUSO)-owned blockchain consortium, has joined enterprise software firm R3’s global blockchain ecosystem. The partnership was officially revealed in a press release published Dec. 13. Based in Denver, Colorado, CULedger reportedly delivers […]
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Danish authorities are going after those who traded Bitcoin for profit but did not yet declare the extra income. Denmark’s tax agency (Skattestyrelsen) has confirmed it is “identifying” 2,700 individuals it says owe taxes on Bitcoin (BTC) gains, according to a Dec. 12 press release. According to Skattestyrelsen, the Danish citizens bought and sold Bitcoin […]
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The United Arab Emirates and Saudi Arabia are jointly developing a digital currency meant for interbank transactions. The United Arab Emirates’ (UAE) central bank is collaborating with the Saudi Arabian Monetary Authority (SAMA) to issue a cryptocurrency accepted in cross-border transactions between the two countries. English-language Dubai-based media outlet GulfNews reported on this collaboration on […]
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Bitcoin’s volatility continues, the coin dropping below $3,400 soon after challenging $3,700. Tuesday, Dec. 11: crypto markets have continued moving in a downward trend after challenging a recovery attempt on Sunday, Dec. 9. Almost all of the top 20 coins have seen losses over the 24-hour period, with Bitcoin SV (BSV) down the most, seeing […]
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Major Korean crypto exchanges have arranged a crypto regulation debate in the National Assembly, discussing Anti-Money Laundering policies and customer protection. South Korea’s representative body, the National Assembly, has held a crypto regulation debate arranged by major local cryptocurrency exchanges, IT media oulet ZdNet Korea reports Monday, Dec. 10. According to local business outlet Financial […]
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