The Standing Committee of China National People Congress voted on Oct 26 to pass cryptography law, which will go into effect on Jan 1, 2020. The new law focuses on the regulation of cryptography-based password management and practices to follow for products and services that use cryptography encryption for protecting...
China’s President Xi Jinping said China should take a leading position in the development, research, and investment in blockchain technology. He made the remarks in the 18th Political Bureau of the Central Committee held on Oct 24, 2019. Addressing the committee, Xi Jinping stresses that it is necessary to promote...
Accenture, SAP, and R3 are collaborating to build a blockchain-based real-time gross settlement system (RTGS). The design will enable high-value transactions faster, more efficient, reliable and secure between banks and users. Rather than working against the system, the proposed design is spin around the idea of allowing banks and payment...
Bakkt to offer options on its bitcoin futures contract. As per the announcement, Bakkt will launch the first regulated options contract for bitcoin futures on December 9, 2019. This will give the buyer of a futures option contract the right to buy or sell a particular futures position at a...
Bakkt physically-settled BTC futures contract hit a new volume record yesterday. The platform saw a demand of $4.5 Million volume in the Bakkt BTC futures contract. Till now the total futures contract executed in Bakkt’s platform stand at approx. $20 Million, an average per day of $0.89 Million since its...
TON Investors agree to delay the launch of the Telegram Open Network (TON) blockchain platform to April 30, 2020. The agreement was made by the majority of TON investors and therefore, the refund option is off the table. Two sources close to the Telegram team told Forbes Russia. According to...
The recent developments hint Facebook may be moving away from Libra Association. As one of the association members confirmed the BBC: “We’ve seen Facebook start to move away from the association a little bit, maybe, but it’s still a challenge for them, definitely.” When asked about Libra testnet by the...
Ahead of Oct 23 hearing, Mark Zuckerberg has shared his testimony with the U.S. House of Representatives Committee on Financial Services addressing several concerns lawmakers have expressed over the launch of the Libra project. In his testimony, Zuckerberg assures the committee members that “Facebook will not be a part of...
Internet browser Opera has added support for Bitcoin payments in its cryptocurrency wallet. Announcing news on Oct 22, 2019, the latest release for Android allows users to send and receive Bitcoin (BTC) and access their transaction history. Opera is the first major browser to integrate a cryptocurrency wallet, enabling crypto payments to...
Binance has joined the governance council of Klaytn, a public blockchain platform of the leading South Korean internet company, Kakao. As a council member, Binance will operate Klaytn consensus node as well as participate along with the other 24 members in key decisions related to the technical or economic update...
