China: Veteran Regulator Tells Sichuan to Tap Hydropower for Blockchain

A veteran Chinese regulator urges those tasked with steering the strategic development of Sichuan province to tap surplus hydropower for the blockchain industry. A veteran Chinese regulator has told those tasked with steering the strategic development of Sichuan province to tap surplus hydropower for the blockchain industry. Jiang Yang —  former vice-chairman of the China […]

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Libra Might Become Unrecognizable by Navigating Regulatory Concerns

Libra considering the use of fiat-pegged stablecoins for its basket while navigating through a wave of negative criticisms from regulators. Amid the regulatory storm facing Libra, the project’s hierarchy is looking to change one important detail of the payment system: using fiat-pegged stablecoins rather than a token supported by a basket of national currencies. The Libra Association […]

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Bakkt’s Bitcoin Futures Volume Explodes 260% to Trade $11M in 24 Hours

As markets began reacting to sentiment from China on Friday, Bakkt was already capitalizing on fresh institutional interest, transforming its trading activity. Institutional Bitcoin (BTC) trading platform Bakkt is on course to treble its all-time high for trade volume after hitting new records last week.  Bakkt Frontruns China Hype According to data from Twitter-based monitoring […]

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