The Indian Supreme Court has decided to delay its full hearing of a high profile case against the reserve bank of India’s (RBI) ban on bank’s dealings with crypto-related businesses. Kashif Raza, who is the founder of Indian crypto regulatory…
Huobi Partners with UAE Firm to Offer Crypto Real Estate Payment Services
Big name cryptocurrency exchange Huobi will be partnering with a real estate firm in the United Arab Emirates (UAE) to allow real estate investors to pay in cryptocurrencies. The major exchange out of Singapore has partnered with fäm Properties- a…
Bitcoin is Becoming Popular by the Day in Iran
Bitcoin saw a surge in price from $8,000 to $8,430 after the US initiated a drone strike on Iran top general Qaseem Soleimani on Jan 2. This prompted a response by Iran that saw two US military bases in Iraq…
Juve fans Select New Goal Song in Socios poll
The fans of Italian Soccer giants and league champions Juventus have used the Socios platform to identify the song to be played on match days every time the team puts the ball on the back of the opposition’s net. Juventus…
Mark Zuckerberg Advocates for Digital Community Self Governance
Facebook CEO Mark Zuckerberg believes the digital currency space needs oversight not just by government regulation but also community self-governance, which he termed as “another and perhaps even better way”. He said in a Facebook post; “One of the big…
US-Iran Tensions Push Up Bitcoin Price
The Bitcoin price went into the near year staggering around the $7,500 mark. This has changed barely a week into the New Year with price retaking the $8,000 mark then pushing above the 200 day moving average for the first…
ECB President, Lagarde, Pushes for Central Bank Digital Currency
The president of the European Central Bank (ECB), Christine Lagarde, has thrown her weight behind the bank’s active involvement in the development of a central bank digital currency (CBDC) to address the demand for faster and cheaper cross-border payments. Speaking…
Qatar Financial Center Prohibits Crypto Businesses
The Qatar Financial Center Regulatory Authority (QFCRA) announced that virtual asset services may not be conducted in or from the Qatar Financial Centre (QFC). The regulator announced the new measure in a tweet that stated that authorized firms would not…
China’s Top Bank says that a Government Backed Digital Currency is Close
The people’s bank of China has said that it is progressing smoothly with its development of a government backed digital currency. The bank issued this statement during a conference in Beijing that was held on Jan 2-3 according to an…
Chinese Province Launches Blockchain-based SME Financing Project
The Chinese province of Guangdong’s government launched a Blockchain based financing platform that will help small enterprises in the region access loan financing quicker from commercial banks. The government led project is supported by Oneconnect, which is a fintech firm…