The maker of Nike received a patent to tokenize shoes on the Ethereum blockchain. According to the patent, Nike intends to use the Ethereum blockchain to generate a unique digital...
JPMorgan’s Interbank Information Network, a blockchain-based payment system has seen interest from over 80 Japanese banks. Interbank Information Network (IIN) executive director, Daizaburo Sanai said in an interview with Bloomberg....
The South Korean government plans to tax capital gains on cryptocurrency. According to the local news outlet- The Korea Times, the Ministry of Economy and Finance is pushing for the...
Until now, cryptocurrencies have been additions, rather than substitutes, to the global inventory of money. “Over the next decade, this may change”, according to Deutsche Bank research report. Published this...
As per the recent report from brokerage firm Charles Schwab, Millennials hold more bitcoin-tied investment products in their investment portfolio than Netflix, Microsoft stock. The analysis shows of the top...
[inlinetweet]The US Federal Reserve Chairman Jerome Powell and Treasury Secretary Steven Mnuchin don’t see a need for the digital dollar.[/inlinetweet] In a Financial Services Committee hearing held on 5th Dec,...
France to experiment with central bank-issued digital currency in 2020. In a conference hosted by ACPR, the Bank of France Governor Francois Villeroy de Galhau said that the central bank...
Big tech companies are swiftly planning to move to the financial sector. With Google’s checking accounts to Facebook’s digital currency, the traditional banking system will face direct competition with the...
Reserve Bank of South Africa is planning to introduce a new rule regarding the use of crypto, in a bid to stop their use to evade currency controls. The rules...
Uttar Pradesh, a state in northern India is testing a blockchain-enabled peer-to-peer solar energy trading platform. The blockchain start-up, Power Ledger in partnership with India Smart Grid Forum (ISGF) and...