Crypto News From Asia: Sept. 9–15

From Cointelegraph Japan: This week’s selected cryptocurrency and blockchain news. In this week’s selected cryptocurrency- and blockchain-related news from Cointelegraph Japan, government and industry officials secured important appointments, while new data shows the popularity of cryptocurrencies and their favored uses in Japan and China.  Expert: Bitcoin is most commonly used for remittances in China On […]

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‘Never Use BitPay’ — Hong Kong Free Press Slams Bitcoin Donation Block

Yet another public humiliation reignites the debate on whether third-party payment processors are detrimental to Bitcoin adoption. Cryptocurrency payment processor BitPay faces another publicity nightmare amid claims it blocked donations to Hong Kong for several weeks. According to a complaint on social media by Tom Grundy on Sept. 11, founder of crowdfunded media outlet Hong […]

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SWIFT: Crypto Useless, ‘Goes Down In Value Like A Yoyo’

Representatives at interbank payments network provider SWIFT have lambasted cryptocurrencies as being “useless and unstable.” Interbank payments network provider, the Society for Worldwide Interbank Financial Telecommunications (SWIFT), has dismissed cryptocurrencies as being “useless and unstable.” An FXStreet report published on Sept. 10 cites unnamed SWIFT representatives at a London briefing earlier this week, who reportedly […]

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Blockchain Interoperability, Explained

A guide to blockchain interoperability — one of the main hurdles in the way of mass adoption of the technology and the ways it could be overcome. Are blockchain interoperable now? The short answer is no. Not yet, at least. Cryptocurrency exchanges are still a strong medium for interoperability in the crypto space. If someone […]

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