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ASIC Bans BitConnect National Executive for His Part in Multi-Billion Dollar Crypto Ponzi Scheme

ASIC Bans BitConnect National Executive for His Part in Multi-Billion Dollar Crypto Ponzi Scheme

Australian Securities and Investments Commission (ASIC) has officially banned a former National Representative of BitConnect from providing financial services for seven years.

Chinese Courts Deploy Blockchain-Powered Electronic Door Seals for Enhanced Property Security

Chinese Courts Deploy Blockchain-Powered Electronic Door Seals for Enhanced Property Security

Chinese courts have gone a notch higher by adopting blockchain-based door seals that will optimize property security by enabling real-time video surveillance and a sophisticated alarm system. This move is intended to eradicate the conventional paper seals, which are not tamper-proof.

Impending Central Bank Digital Currency: Data Shows Not All Central Banks Support the Move

Impending Central Bank Digital Currency: Data Shows Not All Central Banks Support the Move

The paradox of the situation is that banks with the capacity to push the world into the digital currency era are actually not showing much interest towards adoption; with the reason for their reluctance remaining a question with no answer.

Japan May Take Several Years To Issue a CBDC says Former BoJ Executive

Japan May Take Several Years To Issue a CBDC says Former BoJ Executive

Hiromi Yamaoka, a former executive of the Bank of Japan believes the central bank will need several more years before it can issue its proposed CBDC.

Square Stocks Soar After Bitcoin Purchase, Market Bulls Convinced PayPal Will Make a BTC Move of Its Own

Square Stocks Soar After Bitcoin Purchase, Market Bulls Convinced PayPal Will Make a BTC Move of Its Own

Square’s $50 million-dollar move on Bitcoin has pushed the fintech payment company’s stocks higher, enabling it to outperform PayPal shares.

Estonia Revokes 500 Crypto Business Licenses in a Move Against Illegal Money Laundering Activities

Estonia Revokes 500 Crypto Business Licenses in a Move Against Illegal Money Laundering Activities

Estonian authorities have recently revoked licenses from 500 crypto firms, and consequently tightened market regulations within the crypto sector.

Libra Association Appoints Former HSBC Executive Ian Jenkins As CRO and CFO Of Payment Systems

Libra Association Appoints Former HSBC Executive Ian Jenkins As CRO and CFO Of Payment Systems

Libra Association has announced the appointment of former HSBC executive Ian Jenkins as chief risk officer and chief financial officer of Libra Networks.

Gate.io Executive Explains: What Can We Expect for the Upcoming Bitcoin Halving Event and Crypto in 2020?

Gate.io Executive Explains: What Can We Expect for the Upcoming Bitcoin Halving Event and Crypto in 2020?

Bitcoin halving has been suggested as a significant event. Gate.io also released a halving countdown page for nine major cryptocurrencies in 2020, keeping its users informed of the latest status on halvings. “As an exchange, we want to be instrumental in providing useful information about Bitcoin Halving to our users and the overall community,” Tatibouet said.

Visa Crypto Executive: CBDC is the Most Important Trend for Future of Money

Visa Crypto Executive: CBDC is the Most Important Trend for Future of Money

Central Bank Digital Currencies (CBDC) could be the most important payment trend in development with the most profound effects on our systems of payment and money issuance according to Cuy Sheffield, Visa’s head of cryptocurrency.

FinTech Remains as a High Priority Sector, Says Hong Kong Chief Executive Carrie Lam at the Asian Financial Forum 2020

FinTech Remains as a High Priority Sector, Says Hong Kong Chief Executive Carrie Lam at the Asian Financial Forum 2020

The 13th Asian Financial Forum, taking place as a two-day event starting on Jan. 13, 2020, in Hong Kong, gathering the most influential leaders of the global financial, government, and business sectors, groundbreaking discussions on inclusiveness, innovation, and fintech.

Deutsche Bank Executive Says CBDC is More of a Political Decision

Deutsche Bank Executive Says CBDC is More of a Political Decision

Deutsche Bank Executive Burkhard Balz has noted that the decision to launch a CBDC by any country may be more of a political decision than a technical one.

The Chainsmokers are Cutting Out Scalpers by Backing Blockchain-Based Ticketing Platform

The Chainsmokers are Cutting Out Scalpers by Backing Blockchain-Based Ticketing Platform

The Chainsmokers, and their manager Adam Alpert, CEO at Disruptor Records are backing YellowHeart, a new ticketing platform founded by Josh Katz, a music executive.

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