The largest bank in Germany Deutsche bank, has joined JPMorgan’s Blockchain-based network; the interbank information Network (INN) The JPMorgan Blockchain initiative was launched bank in 2017 as a pilot, and has since attracted 320 banks which have all signed up…
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Facebook’s Libra backed by Several National Currencies
In its journey to get its very own Stablecoin approved by regulators, Social media giant Facebook reportedly shared details regarding the project’s proposed backing reserves. According to a Sep 9 Bloomberg report, the social media giant revealed to senators about…
Connecticut Police Arrest $15,000 Digital Currency thief
Connecticut police have a $15,000 digital currency thief in custody. In a bizarre and surprising tale of crypto theft, the mobile phone digital currency thief got caught after he mistakenly sent an apology email to a detective who was covering…
Crypto Remuneration is Gaining Popularity Across Crypto Friendly Nations
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…
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…
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…