Crypto remuneration is gathering steam around the world. At the moment, paying wages in decentralized digital coins is normal within the crypto industry. There is however no reason why this can’t be the case in other industries as well. A…
Germany Bank WEG Granted Crypto License in Estonia
German Bank WEG just obtained a crypto trading and custody license in Estonia that will see them handle crypto transactions The bank revealed this in a tweet on Aug 25 while also revealing its plans to secure a similar license…
Brazil Bank Adopts IMF Guidelines for Crypto Classification
The central bank of Brazil has moved to classify bought and sold crypto assets as per the laid out International Monetary Fund (IMF) guidelines. Brazil’s central bank announced its decision on Aug 26. Under the new IMF standards, traded cryptos…
A blockchain patent application from Alibaba to help to manage blockchain domain names
Alibaba, the giant Chinese conglomerate has filed a blockchain patent application with the USPTO. Its proposed solution could help in managing blockchain domain names, which will help with blockchain adoption.
Rwanda’s Central Bank Explores Possible Digital Currency Launch
The top bank in Rwanda is currently looking into the development and issuance of its own digital currency. In a move that has caught a lot of people by surprise, the National bank of Rwanda has gone full throttle in…
Bank of England Governor: Digital Currency could Replace Dollar
Bank of England governor Mark Carney has suggested that the American dollar could soon be replaced with a digital currency similar to Facebook’s Libra. While delivering his speech at the U.S Federal Reserve’s annual symposium in Jackson Hole, Wyoming, Carney…
Santander to Introduce Ripple-powered payment Service in Latin America
Spanish banking giant Santander group, is expanding its use of Ripple’s technology. The bank is reportedly putting in place a “payment corridor” that would let customers in Latin America send money to the U.S instantly for free via One Pay…
Binance to launch a “localized” Stablecoin Initiative
The largest cryptocurrency exchange in the world Binance, has announced plans to launch an ambitious project that will develop cryptocurrencies and digital assets that will be pegged to fiat currencies around the world. The Monday August 19 announcement has revealed…
tZERO wins a blockchain patent for a solution that could significantly ease the trade audit process
Trade audits are important, however, the process to conduct them is complex. tZERO, a blockchain start-up has won a blockchain patent that could ease the trade audit process significantly, thanks to the transparency and immutability offered by blockchain.
Mark Yusko: Bitcoin is Schmuck Insurance
Morgan Creek capital CEO Mark Yusko referred to Bitcoin (BTC) as a “Chaos hedge, or Schmuck insurance”, in an interview with CNBC Fast Money on Aug 14. Yusko made this comments while pointing out the trouble of people judging Bitcoin…
High Stakes Trial of Avi Eisenberg Involves Alleged 110 Million Dollar Theft from Mango Markets Crypto Exchange
In the high-stakes trial of Avi Eisenberg, a 28-year-old trader, federal jurors in New York…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a…
