Banks cryptocurrency

Andreessen Partner: All Money will be Digital in a Decade

Katie Haun, a general partner at Andreessen Horowitz, believes that all money will be digital in ten years. According to her, she expects money to make the transformation that music and books have in recent years. Haun sees efforts like…

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Blockchain Voting System to decide Putin’s Presidential Fate

Russia’s upcoming constitutional amendment vote will be implemented by Blockchain technology according to Moscow government’s official website. Voters in Moscow can sign up for Vladimir Putin’s constitutional amendment Blockchain powered e-voting, starting this weekend. System to ensure transparency The e-voting…

Banks cryptocurrency

‘Crypto Mum’ gets Presidential Nomination to the SEC till 2025

Hester Peirce who has been affectionately as “Crypto mum” for a while now has been nominated to sit in the U.S Securities and Exchange Commission for a second term. The nomination by president Trump means that the lady who has…

Banks cryptocurrency

Bitcoin Could fix Africa’s troubled Financial System

A recent report by market analysis firm Arcane Research in conjunction with crypto exchange Luno, wrote that the lack of traditional financial infrastructure in Africa could make the continent great for crypto adoption. The report shed light on Africa’s financial…

Banks Crypto

Brazil’s Central Bank Introduces Almost Instant Payment System in Response to Crypto

A new almost instant payment system is coming to Brazil in response to cryptocurrency and Blockchain technology. The new system known as PIX, is a creation of the country’s Central Bank and is being promoted as a 24/7 system that…

Banks cryptocurrency

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…

Banks cryptocurrency

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…

Banks Crypto

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…

Banks Crypto

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…

Banks cryptocurrency

Three Men Charged by U.S Authorities Over $722 Million Crypto Ponzi Scheme

Three men have been charged by U.S authorities for having taken part in a $722 million cryptocurrency Ponzi scheme. The three Matthew Brent Goettsche 37, Joseph Frank Abel 49, and Jobadiah Sinclair Weeks 38, have all been charged with conspiracy…