Blockchain/Bitcoin
4 Reasons Why China’s Central Bank is Launching a Digital Currency
Blockchain and cryptocurrencies have been all the rage these past years. Now even central banks are looking to launch their own digital currency. So-called central bank digital currencies (CBDCs) differ from traditionally digital currencies like bitcoin and ether in the
Read More
Legacy Trust Launches Digital Asset Pension Plan
Hong Kong-licensed Legacy Trust Company Limited is launching a digital asset pension plan; a voluntary pension plan available to employers and the self-employed, where the contributions and underlying asset portfolio can include digital assets alongside fiat currencies. According to the
Read More
Finfabrik and Lumiere Tokenised Co-Investment into Algerian Indie Film
Lumiere and FinFabrik have joined forces bringing their business and technical expertise together to tokenise a co-investment into a film titled ‘Papicha’. By having their equity participation digitalised, investors will have the opportunity in the future to transfer or sell
Read More
Crypto.com Appoints Eric Anziana as Chief Operating Officer
Crypto.com announced the promotion of Eric Anziani to the position of Chief Operating Officer. Eric joined Crypto.com in January 2018 and was the Senior Vice President of Group Strategy. Previously known as MCO, Crypto.com is best known for their Mastercard-enabled
Read More
New IMF Paper Explores the Rise of Digital Money
As digital money grows in popularity, banks and credit card companies are facing increased competition from technology companies which are coming up with new ways to transact that are easier, more convenient and cheaper. Cash and bank deposits are battling
Read More
Alibaba and Tencent among The First To Receive China’s Cryptocurrency, Sources Say
Alibaba, Tencent, China Construction Bank, Bank of China, Industrial Bank of China, Agricultural Bank of China, and Union Pay is amongst the first organizations to receive and interact with China’s cryptocurrency, according to an unconfirmed report by Forbes. A separate
Read More
China’s New Cryptocurrency to be Tested in Shenzhen
China’s State Council and the Central Committee of the Communist Party of China have released a detailed plan for wide-ranging reforms to be implemented in Shenzhen. The new guideline, released last week, outlines Beijing’s plan to turn Shenzhen into “one
Read More
Hong Kong’s Protest Driving Demand and Price for Bitcoin
As Hong Kong’s protest intensifies, market observers are noticing a surge in demand for bitcoin in Hong Kong. Bloomberg reported that Bitcoin was trading at about 4% premium in Hong Kong. Whereas a CCN report is showing that sellers on
Read More
China is Issuing its Own Cryptocurrency Answer to Facebook’s Libra
The People’s Bank of China (PBoC) is close to issuing its own cryptocurrency, Shanghai Security News reports. This is in line with earlier public statements made by China stating that they are eyeing to release their cryptocurrency soon Better known
Read More
Shenzhen Has Issued 6 Million Blockchain Invoices in a Year
Shenzhen has demonstrated its willingness to experiment with innovative technology when it issued its first digital invoice on the blockchain last year. Part of the Greater Bay Area, Shenzen has issued close to 6 million invoice according to a report
Read More