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China to Build ‘Digital Central Bank’ Infrastructure, Striving to Become the World’s Leader in Digital Currency Development

China to Build ‘Digital Central Bank’ Infrastructure, Striving to Become the World’s Leader in Digital Currency Development

China’s Central Bank, People’s Bank of China (PBoC) is planning to look into building a digital central bank infrastructure to improve the standards of financial services in the country. On May 18, the Chinese Central Bank’s 2020 video conference on scientific and technological work was held in its capital, Beijing. The meeting focused on the technological achievements made in 2019, an in-depth analysis of the current situation and challenges, and the upcoming key plans for 2020.

InvestHK’s first virtual StartmeupHK Festival intrigues, surprises and succeeds

InvestHK’s first virtual StartmeupHK Festival intrigues, surprises and succeeds

Hong Kong’s annual StartmeupHK Festival, the startup showpiece organised by Invest Hong Kong (InvestHK), ended July 10 after a record-breaking week that more than lived up to a common underlying theme apparent in each of the sector events and activities: innovation and problem solving as the driving force for startups.

InvestHK unveils details of virtual StartmeupHK Festival 2020

InvestHK unveils details of virtual StartmeupHK Festival 2020

Invest Hong Kong (InvestHK) announced details of its five-day StartmeupHK Festival 2020, which will run from July 6 to 10. Befitting its theme of startups and technology, the festival is making the unprecedented move of transforming from an in-person event to a fully virtual experience.

Switzerland’s New Regulations for Blockchain And DLT Trading Facilities Usher In A New Era Of Clearer And Lighter Regulatory Regimes

Switzerland’s New Regulations for Blockchain And DLT Trading Facilities Usher In A New Era Of Clearer And Lighter Regulatory Regimes

A short article piece submitted by Christoph Besmer, Trade Commissioner, Investment Promotion Switzerland.

South Korea to Pump In a Whopping $12.8 Million into Blockchain Industry

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.

Twitch Offers Bitcoin Discount to 15 million Gaming and Livestreaming Subscribers

Twitch Offers Bitcoin Discount to 15 million Gaming and Livestreaming Subscribers

Twitch is now leveraging BitPay’s digital currency processing network to facilitate Bitcoin cryptocurrency payments and has announced a special 10% crypto discount promotion.

Will Bitcoin Ever Get Widespread Adoption in the iGaming Industry?

Will Bitcoin Ever Get Widespread Adoption in the iGaming Industry?

Bitcoin is now over a decade old, although it has only been known and talked about among the general public for the last few years. During the Bitcoin boom of late 2017, we saw endless reports of the ever-growing value of the token and much speculation of how it would continue to rise to tremendously as time goes on.

Gibraltar Financial Services Commission Comprehensive Updates to its DLT Regulations

Gibraltar Financial Services Commission Comprehensive Updates to its DLT Regulations

The Gibraltar Financial Services Commission (GFSC) has updated its guidance notes for distributed ledger technology (DLT) providers in the country.

The PLA Could Get Blockchained

The PLA Could Get Blockchained

The Chinese military could benefit from the blockchain, the Global Times reports citing the People’s Liberation Army (PLA) Daily.

Barstool Sports Founder Dave Portnoy to Dump Bitcoin and Chainlink (LINK) After $25,000 Loss

Barstool Sports Founder Dave Portnoy to Dump Bitcoin and Chainlink (LINK) After $25,000 Loss

Dave Portnoy announced that he is done with cryptocurrency and Bitcoin after undergoing a loss of $25,000 due to market crash.

Bakkt Announces the Promotion of the Company’s Former Chief Product Officer to CEO

Bakkt Announces the Promotion of the Company’s Former Chief Product Officer to CEO

Having previously worked in Google and PayPal, Mike Blandina is to leave his position as Chief product officer of Bakkt, for his new role as CEO. The chairman of ICE has expressed strong confidence in his ability to steer the company to excellence.

Uber CEO Reveals the Firm Will Consider Accepting Bitcoin as Payment

Uber CEO Reveals the Firm Will Consider Accepting Bitcoin as Payment

Uber CEO has said that the company is open to accept Bitcoin as a means of payment, but won’t purchase the cryptocurrency for its corporate balance sheet.

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