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…
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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…
Investors Seek to Exhume Body of Dead Crypto Executive
Back in late January, the wife of a crypto exchange founder testified that her husband had died without giving out a password that can unlock $137 million worth of crypto assets. Outraged investors are having none of it and are…
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…
Ukraine Passes Crypto Anti-Money Laundering Law
The Ukrainian government has approved the final draft of a money laundering law that will handle virtual assets and virtual asset service providers (VASPs) per FATF guidelines. On Dec 6, Ukraine’s lawmaking body, the Rada published a final version of…
Peer to Peer Platform to Offer Redeemable Crypto Airtime in Kenya
Peer to peer crypto platform Zippie is looking to penetrate Kenya’s telecommunication market by offering a reward generation system that allows users to earn airtime minutes. The platform enables users to be rewarded through mobile internet airtime that can be…
Kenyan Blockchain-based Agritech Start-up Raises $250,000 in Funding
Kenyan agritech startup Farmshine, has raised $250,000 (KSH 25.5M) to bring in more staff and further develop the platform. The startup was set up to eliminate middlemen that were killing the value chain in Kenyan agriculture. It works by linking…
Blockchain in central banks? Banque de France is open to it!
Blockchain in central banks seems to be an idea whose time has come, and Banque de France senior officials endorse it.
Softbank Launches Card that Integrates a Blockchain Wallet
Japan’s telecom carrier Softbank has just launched its SBC Wallet Card (Softbank Card 3.0) which will integrate a Blockchain wallet. The bank card will have the basic features that such cards have as well as other additional functions. Card owners…
Power Ledger joins a key blockchain P2P energy trading pilot project in India
Blockchain P2P energy trading is becoming important. Power Ledger has joined a pilot project for this with the distribution utility in New Delhi, India