The U.S. federal reserve is researching on blockchain and digital currencies to innovate the retail payments. According to the job posting published on Nov 4 by Fed careers, the U.S. federal reserve is looking for a person to manage its retail payment section as well as research on digital innovation...
The UK government has issued crypto tax rules for businesses. The tax rules apply to the UK businesses carrying out operations involving crypto mining, providing goods or services in exchange for crypto assets and crypto trading. According to the rules published by UK HM Revenues & Customs on Nov 1,...
The German Banks association representing more than 200 private commercial banks issued a statement on Oct 30 regarding their position on the crypto-based digital currency. As per the statement, German banks support digital euro currency and suggest the European Central Bank (ECB) work together with the banking industry to create...
Just 9 days ago Bitcoin price dropped to its lowest in 5-month and in a matter of days surged by 40% to reach $10,500 level. Recent Bitcoin price upward swing is largely attributed to China President’s positive remarks on blockchain technology. Currently, on intra-day movements, BTC price is holding well...
Leading cryptocurrency mining hardware manufacturer, Bitmain is said to have filed an application for its IPO (Initial Public Offering) with the U.S. SEC. According to Tencent News, Deutsche Bank is the sponsor of the Bitmain’s application. Bitmain had a failed attempt for its IPO with the Hong Kong stock exchange...
People’s daily newspaper published by China ruling communist party on Monday urged investors to remain rational as stock prices of blockchain firms or tech firms believed to be engaged in blockchain business sore to 10% after China’s President Xi positive comments on the blockchain technology. The Chinese government started cracking...
Bakkt plans to launch its consumer and the merchant application by the first half of next year. It allows consumers to pay for their purchases in Bitcoin and for merchants to get the instant conversion in fiat currency. Announcing the development in a blog post, Mike Blandina, Chief Product Officer...
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...
Taiwanese electronics company HTC has officially announced the launch of the EXODUS 1s. Unlike Samsung’s smartphones which have a built-in crypto wallet, the HTC EXODUS 1s will feature a first-ever mobile device with Bitcoin full node support along with its Zion cryptocurrency wallet. Running a full bitcoin node does not...
Emaar Group, Dubai leading real estate developer best known for the development of the world’s tallest building ‘Burj Khalifa’ is launching its native token EMR on JP Morgan’s blockchain. Emaar will provide Android and iOS mobile applications which will help users to earn or redeem EMR token. To be launched...
