A United States banking first is upon us with one of the country’s top banking giants, JPMorgan Chase (JPM) launching its own crypto-currency, as reported by CNBC on February 14. The US banking giant is set to popularize its own…
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Saudi Arabia and UAE launch Joint State-backed Crypto-currency
Two middle-east neighbors; Saudi Arabia and The United Arab Emirates (UAE) have a launched a government backed crypto-currency which will facilitate cross-border payments. This state-backed crypto was one of the agenda’s in the 7 point co-operation plan unveiled on the…
The Japanese Yen Soars above the Dollar in BTC Trading
Data from Coinhills shows that the Japanese yen has officially overtaken the US dollar in terms of Bitcoin trading all over the world. Data shows that 490,925.45 BTC were traded against the JPY over the last 24 hours. Data also…
Iran Could Soon Unveil her very Own State Backed Crypto-currency
According to local English language news outlet Aljazeera, Iran could unveil its state-backed crypto-currency at the Electronic banking and payment systems conference in Tehran this week. The country which has been marred by sanctions, including fresh ones from the United…
Cargill Invests in Digital Engineering Resources Inorder to Develop Hyperledger Grid
United States based agricultural conglomerate Cargill has let it be known that it will be investing in digital engineering resources that will help develop the Hyperledger Grid. This is according to an announcement made on Jan 25. What is the…
The US State of Wyoming may soon Pass Legislation Allowing the Issuance of Tokenized Stock Certificates
Legislators from the US state of Wyoming have tabled legislation that would allow the issuance of tokenized stock certificates using blockchain technology. This piece of legislation was tabled on Wednesday by several lawmakers’ chief among them being republican lawmaker Jared…
Spanish Energy Giant Repsol looks to Blockchain to help Improve Quality of Safety Certification
Spanish energy giant, Repsol, has reported a successful test of a blockchain pilot, inorder to improve the quality of safety certification of its products. The Madrid based energy company established in 1987, is a leading energy outfit operating in the…
Belarus Launches Blockchain Based Platform that will allow Customers to Buy Tokenized Securities
A January 15 Reuters report indicates that Belarus has launched a trading platform enabling customers to purchase tokenized versions of shares, Gold and other traditional assets. This Belarusian project is reportedly backed by two companies, Larnbel ventures, and VP capital.…
over-regulation is Stifling the Crypto Space in Ukraine according to the Country’s Central Bank Official
According to a Ukrainian central bank official, overregulation in Ukraine is putting a ceiling on crypto development in the country. According to the director of strategy and reform department of NBU, Mikhail Vidyakin, too many institutions in Ukraine have been…
New Brazilian President Shreds Plan by previous Administration of Launching Crypto-currency for the Country’s Indigenous People
Newly elected Brazilian president, Jair Bolsonaro, who assumed office only a week ago has criticized a project that had offered to create a crypto-currency for indigenous people and revealed that plans to advance that project had been shelved. Bolsonaro also…