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The Great De-Dollarization Heist: How India Is Turning the BRICS 'Unit' Into a Digital Rupee Power Play

The Great De-Dollarization Heist: How India Is Turning the BRICS 'Unit' Into a Digital Rupee Power Play

India is leveraging the BRICS "Unit" and its own e-Rupee to globalize the Rupee, strategically countering both the US Dollar and China’s Digital Yuan rise.

Andreessen Horowitz Names New York Stock Exchange’s Top Regulator to Head Its Cryptocurrency Unit

Andreessen Horowitz Names New York Stock Exchange’s Top Regulator to Head Its Cryptocurrency Unit

Andreessen Horowitz venture capital firm hires the current head of the New York Stock exchange (NYSE)’s regulatory unit.

J.P. Morgan Creates Onyx Blockchain Unit As JPM Coin Leveraged for Cross-Border Payments

J.P. Morgan Creates Onyx Blockchain Unit As JPM Coin Leveraged for Cross-Border Payments

JPMorgan Chase has set the ball rolling by deploying its digital currency, the JPM Coin, for commercial purposes creating a new blockchain business unit dubbed Onyx.

JP Morgan Looking to Merge its Blockchain Unit Quorum with ConsenSys

JP Morgan Looking to Merge its Blockchain Unit Quorum with ConsenSys

JP Morgan Chase & Co has been reportedly in talks with blockchain startup ConsenSys, to merge the former’s blockchain unit, Quorum with the startup.

Ping An of China’s Blockchain Unit Chooses US over Hong Kong for IPO

Ping An of China’s Blockchain Unit Chooses US over Hong Kong for IPO

Chinese insurance giant, Ping An Insurance’s financial technology arm, OneConnect is leaning towards choosing New York over Hong Kong for its initial public offering (IPO) this year in mid-November.

China’s Central Bank Digital Currency Research Unit Signs Deal with Huawei

China’s Central Bank Digital Currency Research Unit Signs Deal with Huawei

The Chinese central bank, People’s Bank of China’s (PBoC) Digital Currency Research Institute has signed an agreement with multinational telecommunications giant Huawei.

Bitcoin Soars To New ATH, With the News That Morgan Stanley Set to Bet Big on BTC

Bitcoin Soars To New ATH, With the News That Morgan Stanley Set to Bet Big on BTC

Bitcoin just soared to a new ATH on the news that a Morgan Stanley unit, Counterpoint Global is considering a Bitcoin bet

G7 Bank Sector Higher Money Laundering Risk than Crypto Industry, Reports Mexico Financial Intelligence

G7 Bank Sector Higher Money Laundering Risk than Crypto Industry, Reports Mexico Financial Intelligence

According to a report released by the Financial Intelligence Unit of Mexico, the G7 banking sector was most at risk of money laundering operations.

Bithumb CEO Summoned by South Korean Authorities Following Police Raid on Offices

Bithumb CEO Summoned by South Korean Authorities Following Police Raid on Offices

The Chairman of the Board of Directors of Bithumb Holdings, Lee Jung-hoon has been summoned by the Seoul Metropolitan Police Agency's Intelligent Crime Investigation Unit following the unit's incessant raid on the exchange.

Facebook Considers Fiat-pegged Stablecoins for Libra

Facebook Considers Fiat-pegged Stablecoins for Libra

Despite facing constant criticism, Libra continues to stead on, with consideration of using Fiat – Pegged Stable coins for the project to replace its initial proposal of having a synthetic unit.

Japan’s Nomura Research Institute Considers Introducing a New Cryptocurrency Index

Japan’s Nomura Research Institute Considers Introducing a New Cryptocurrency Index

Cryptocurrency investment solution provider Intelligence Unit (IU) announced a partnership with Japanese-based consulting company Nomura Research Institute (NRI) to introduce a new cryptocurrency index, popularly known as IU/NRI Crypto-Asset Index.

Argentina Orders Stricter Monitoring on Local Crypto Transactions Amid Battling the Flight of Devalued Pesos

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.

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