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South Korea to Pump In a Whopping $12.8 Million into Blockchain Industry
The adoption of blockchain technology is set to reach unprecedented levels in major countries, as recently announced by China’s President Xi Jinping. South Korea intends to follow suit based on the revelation made by the Ministry of Science and ICT that USD 12.8 million will be channeled to blockchain projects in 2020.
IMF Believes Central Banks Need Strong Legal Frameworks for CBDCs to Work
The issuance of CBDCs by apex global banks has become a hot topic in the crypto space, and the IMF has delved into it with some precautionary measures.
Argentina Orders Stricter Monitoring on Local Crypto Transactions Amid Battling the Flight of Devalued Pesos
Argentina’s Financial Information Unit (FIU) has ordered stricter controls and monitoring into cryptocurrency transactions in the country to eradicate money laundering and other illicit activities. Argentine newspaper El Cronista reported that the FIU, a government agency that is responsible for enforcing anti-money laundering laws and compliance, is looking to tighten its controls on cryptocurrency trading.
Buy Us Out: Majority of Chinese Blockchain Companies Don't Develop or Even Use Blockchain Technology
Blockchain companies have become a hot property in China over the last few years, and the rise in company registrations really surged following Chinese Leader Xi Jinping announcment last October that the country must strive to become the global blockchain leader.
Peter Schiff Criticizes Investors who Succeeded in Getting Wall Street to Buy into the Bitcoin Mania
Peter Schiff has yet again expressed his disappointment at BTC proponents that has stirred increased Wall Street participation in crypto.
The First Pocket Gamer and Blockchain Gamer Connects Hong Kong Wows the Crowds
The temperature outside may have been in the high 30s, but that was nothing compared to the white-hot talks and meetings taking place inside Hong Kong’s awesome Cyberport venue on 17-18 July, at Steel Media’s inaugural Blockchain Gamer Connects and Pocket Gamer Connects in East Asia.
Traditional Financial Giant Lloyd's of London Introduces Cryptocurrency Insurance for Hot Wallets
Insurance giant Lloyd’s has launched a new insurance product to protect digital asset holders against the rising threat of cybercrime in the crypto market.
Bitcoin Gets Integrated into the French Education Curriculum
The French education ministry has outlined the integration of Bitcoin into the curriculum, as it noted that cryptocurrency would be used to assist students in comprehending the characteristics of money.
Bangladesh Cashing in into the Blockchain Bandwagon Ahead of the 'Fourth Industrial Revolution'
Blockchain technology has seen an increasing amount of adoption, from large conglomerates researching its uses and testing it out, to officials such as President Xi Jinping, endorsing and seizing the opportunities that it may bring. Dr. Mohammad Saifur Rahman, the US-based blockchain expert, said that blockchain can have applications in financial industries, including remittance, credit, and payment industries, as well as e-governance in Bangladesh.
IOTA Looks into “Data Sharding” to Increase Storage on Tangle in Progress for Nectar
IOTA recently published a December update, announcing its progress for its remaining elements for the delivery of IOTA 2.0, Nectar.
How Blockchain Technology Can be Used to Leverage Booming TikTok and Influencer Trends
Blockchain technology has been a growing hot topic, with companies integrating it more and more into their ecosystem for better security, decentralization, and lower costs, among other things.
$115 Million in Bitcoin Was Acquired by an Asset Manager as its Primary Treasury Reserve Asset
Stone Ridge Asset Management, home to $13 billion in assets under management (AUM) has recently purchased $115 million in Bitcoin.
