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…
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…
Tom Lee: Bitcoin is a safe haven, Potential New all-time High Soon
Tom Lee, a senior analyst at market strategy and research company Fundstrat Global Advisors, is positive that Bitcoin is a safe haven for investors looking to make safe and reliable investments. In an interview on Aug 15 on the Fox…
New Zealand Tax department legalizes Crypto Salaries
The Inland Revenue department (IRD) of New Zealand has made it legal to receive salaries in cryptocurrency. The department which is the island country’s tax office will not only make crypto salaries possible, but also make it possible for one…
Goldman Sachs analysis: Its a Good Time to Buy Bitcoin
If you have been shaking in your boots over the latest BTC market price pullback, there is cause for relief. This is because some Market Intel from Goldman Sachs suggests investors should capitalize on the current price dip and place…
Volvo to Use Blockchain to Monitor Conflict Free Cobalt
Chinese auto maker Volvo cars, has made electric cars with cobalt mapped on a Blockchain according to a recent Reuters report. Volvo cars, which is owned and operated by the Geely Automotive Group also joined a project to monitor cobalt…
UN: North Korea has been Robbing Banks and Crypto Exchanges to Fund Weapons Programs
According to a confidential UN report, North Korea is funding its weapons of mass destruction program with cryptocurrency and Fiat currency stolen from banks and exchanges. The report that was seen by Reuters was apparently researched by “independent experts” and…