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China's Vice President Wang Qishan: World Economy In Deep Recession, Finance Is The Core of Modern Economy

China's Vice President Wang Qishan: World Economy In Deep Recession, Finance Is The Core of Modern Economy

During Qishan Wang's speech, the Vice President of the People's Republic of China gave an overview of the world trend in economic development and finance.

South African Reserve Bank to Strictly Regulate Cryptocurrency in 2020

South African Reserve Bank to Strictly Regulate Cryptocurrency in 2020

The South African Reserve Bank (SARB) is planning on introducing new regulations on cryptocurrency, which according to Kuben Naidoo, SARB deputy governor, will be fully implemented and enforced in the first quarter of 2020 and it brings to an end a deliberation that started since 2014.

Kraken Is the First Cryptocurrency Exchange to Become a US Bank

Kraken Is the First Cryptocurrency Exchange to Become a US Bank

Kraken San Francisco-based crypto exchange was approved yesterday by the Wyoming Banking Board and is now the first exchange to become a US bank.

China Establishes First-Ever Blockchain Zone in Central Province of Hunan

China Establishes First-Ever Blockchain Zone in Central Province of Hunan

The first provincial blockchain zone has been established in China, in the central Chinese province of Hunan. The “Wanbao” blockchain zone is located in the city of Loudi, marking the first blockchain zone in China, according to a local Chinese report.

“Bitcoin Has Depreciated in Half” Says Clueless Chechen Republic Leader Kadyrov

“Bitcoin Has Depreciated in Half” Says Clueless Chechen Republic Leader Kadyrov

Ramzan Kadyrov, the Head of the Chechen Republic has a strong distrust of Bitcoin, along with a profoundly confused understanding of BTC price.

China to Prioritize Testing its Central Bank Digital Currency in Wealthier Cities First

China to Prioritize Testing its Central Bank Digital Currency in Wealthier Cities First

China is planning a more extensive expansion of the testing of its central bank digital currency (CBDC) after reportedly starting its first tests in the Greater Bay Area.

First in the World? Lithuania Central Bank Approved Blockchain-based Digital Collectible

First in the World? Lithuania Central Bank Approved Blockchain-based Digital Collectible

Implementing a unique new idea will be the Bank of Lithuania in introducing the world’s first blockchain – based digital coin collectible.

Fed Reserve Chair Says Central Bank Needs to Issue Digital Currency Right not First

Fed Reserve Chair Says Central Bank Needs to Issue Digital Currency Right not First

Jerome Powell, the Federal Reserve chairman, discussed digital currencies and cross-border payments on an IMF panel, revealing the United States' approach to CBDC.

Mauritius Jumps on Digital Currency Bandwagon

Mauritius Jumps on Digital Currency Bandwagon

The issuance of Central Bank Digital Currency (CBDC) has been making airwaves with nations, such as China, leading the hype. The Bank of Mauritius, the central bank of the Republic of Mauritius, seeks to join this bandwagon based on an announcement that it wants to introduce a digital currency.

Mashreq Bank and DIFC Launch First KYC Blockchain Platform in UAE

Mashreq Bank and DIFC Launch First KYC Blockchain Platform in UAE

Dubai International Financial Centre (DIFC) and Mashreq Bank announced the launch of the region’s first blockchain data-sharing platform which went live on March 1.

CIMB Bank Singapore Collaborates with iTrust for First-Ever Blockchain Trade Financing

CIMB Bank Singapore Collaborates with iTrust for First-Ever Blockchain Trade Financing

CIMB Bank Singapore and iTrust have collaborated in the first-ever successful blockchain trade financing transaction.

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