Indian Official Provides Updates on Crypto Bill and Transition Period for Crypto Holders: Report

As the Indian government gets closer to moving forward with the cryptocurrency bill, an official from the Ministry of Finance reportedly explained what discussions the government has been having regarding the crypto bill and the impending legislation. Indian Crypto Bill’s Progress Update The Indian government is getting closer to introducing the cryptocurrency bill in Parliament.… Continue reading Indian Official Provides Updates on Crypto Bill and Transition Period for Crypto Holders: Report

Amazon Preparing to Launch a ‘Digital Currency’ Project in Mexico

Job postings describe a walled garden-type digital currency that could roll out in emerging economies.

Beijing’s $1.5 Million Digital Yuan Giveaway: China to Airdrop Digital Currency for Chinese New Year

China is giving away 10 million yuan in its central bank digital currency in Beijing. Recipients can spend the digital yuan during the Chinese New Year festival. Beijing has become the third major city in China to test the central bank digital currency. 50,000 People to Receive Free Digital Yuan China is actively testing its… Continue reading Beijing’s $1.5 Million Digital Yuan Giveaway: China to Airdrop Digital Currency for Chinese New Year

Report: Bitcoin Bull Run and Rising Awareness of Digital Currencies Led to a 20% Increase in Crypto Related Lawsuits in China

A report from China says as many as 872 lawsuits relating to cryptocurrencies were filed in the past year, a figure which is approximately 20% more than that of 2019. Using data obtained from the China Judgment Document Network (CJDN), the report shows that the province of Guangdong had the highest number with 106. Completing… Continue reading Report: Bitcoin Bull Run and Rising Awareness of Digital Currencies Led to a 20% Increase in Crypto Related Lawsuits in China

Reserve Bank of India ‘exploring the possibility’ of a digital currency

The bank still claimed that government bodies and regulators in India are both “skeptical” and “apprehensive” about crypto.

China’s blockchain project BSN to pilot global CBDC system in 2021

China is building a new system to integrate international central bank digital currencies as part of its national blockchain project, the BSN.

Onboarding Institutional Crypto Investors- Coinbase Helps Execute ‘One of the Largest Digital Asset Trades in History’

Over the last year, institutional investors have been flocking toward crypto assets like bitcoin and after Microstrategy’s initial bitcoin purchase, the trending institutional demand for crypto started swelling. On Tuesday, the San Francisco trading platform Coinbase published a study that details how the company helped the firm One River Asset Management make “one of the… Continue reading Onboarding Institutional Crypto Investors- Coinbase Helps Execute ‘One of the Largest Digital Asset Trades in History’

Crypto Economy Spikes More Than 11%, Entire Market Cap Captures Over $800 Billion

Digital currency markets have seen decent gains this weekend as bitcoin touched another all-time high (ATH) on Saturday afternoon. Meanwhile, a number of other crypto assets have seen significant price rises as well, as the entire market capitalization of all 7,500+ digital currencies in existence is hovering above the $800 billion mark. The $800 Billion… Continue reading Crypto Economy Spikes More Than 11%, Entire Market Cap Captures Over $800 Billion

Snowden Puzzled by Bitcoin’s Lack of Scaling and Privacy, Says Devs ‘Had Years to Do It’

Just recently, the film producer and well known Youtuber, Naomi Brockwell, sat down with Edward Snowden and the two discussed a number of subjects including privacy and bitcoin. When Snowden talked about bitcoin, he delved into the protocol’s lack of progressive scaling and privacy. The famous whistleblower said that the biggest question he has is… Continue reading Snowden Puzzled by Bitcoin’s Lack of Scaling and Privacy, Says Devs ‘Had Years to Do It’

Japan Gearing Up to Launch Its Own Digital Currency: Report

Japan is gearing up to launch a digital currency in both the public and private sectors as it trails China, which is in the trial stage of launching its own. Read more: Digital Yen Would Make Crypto Markets ‘More Lively,’ Says CEO of Monex Group