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Wall Street Veteran Goes All-In on Bitcoin and Ditches Gold Just as BTC Reaches its All-Time High

Wall Street Veteran Goes All-In on Bitcoin and Ditches Gold Just as BTC Reaches its All-Time High

Two prominent figures in the industry have recently revealed their investment in Bitcoin and their reiterated sentiment towards the digital asset.

South Korea Plans to Postpone Cryptocurrency Tax Rule to January 2022

South Korea Plans to Postpone Cryptocurrency Tax Rule to January 2022

South Korea is planning to delay the implementation of its crypto income tax rules to January 2022, extending it from its previous time frame of October 2021.

China to be First Cashless Society with Digital Yuan Launch in 2022, SCMP Report

China to be First Cashless Society with Digital Yuan Launch in 2022, SCMP Report

China is poised to become the world’s first cashless society should roll out its Digital Yuan DCEP before it hosts the 2022 Winter Olympics according to the SCMP

Jamaica to Launch Central Bank Digital Currency in 2022

Jamaica to Launch Central Bank Digital Currency in 2022

Jamaica’s Minister of Finance Nigel Clarke has announced that the country intends to launch its central bank digital currency (CBDC) in 2022.

The World Economic Forum Highlighted Blockchain and Digitization to Address COVID-19 Supply Chain Disruption

The World Economic Forum Highlighted Blockchain and Digitization to Address COVID-19 Supply Chain Disruption

The World Economic Forum (WEF) published a report on the importance of blockchain in supply chain disruption amid the coronavirus pandemic. Although the report suggested that blockchain may not be able to support the damage caused by the impact of COVID-19 directly, it may help with supply chain visibility.

World Bank Pushes to Raise the Bar for FinTech and DLT for Cross-Border Interoperability and Financial Inclusion

World Bank Pushes to Raise the Bar for FinTech and DLT for Cross-Border Interoperability and Financial Inclusion

The World Bank Group has recently published a study, issued by the Bank for International Settlements (BIS) on “Payment aspects of financial inclusion in the FinTech era,” highlighting the concepts derived using blockchain, including stablecoins, and central bank digital currencies (CBDCs).

World Economic Forum Partners with Mining Companies to Design Blockchain Solutions

World Economic Forum Partners with Mining Companies to Design Blockchain Solutions

According to a Medium post released on Oct. 25, seven major mining and metals companies have decided to partner with World Economic Forum (WEF) to experiment, design, deploy blockchain solutions and sustainably maximize blockchain sourcing of raw materials.

JPMorgan CEO Jamie Dimon Loves Blockchain but says Bitcoin Still Not His "Cup of Tea"

JPMorgan CEO Jamie Dimon Loves Blockchain but says Bitcoin Still Not His "Cup of Tea"

While JPMorgan CEO Jamie Dimon has expressed his thoughts on the critical value of blockchain technology, he is still not interested in Bitcoin as a hedge investment.

April 21: Essential Oil No More

April 21: Essential Oil No More

Trading Crypto with Eugene is a series of daily commentary of market analysis and trading advice shared by Eugene Ng of Matrixport, a veteran trader with 10 years of experience in top-tier global investment banks. Hope you find it helpful.

Blockchain Application in Healthcare to Cross $500 Million by 2022

Blockchain Application in Healthcare to Cross $500 Million by 2022

Frost & Sullivan, a world-renowned firm that offers insights on disruptive technologies and economic changes, has revealed an analysis dubbed ‘Global Blockchain Technology Market in the Healthcare Industry, 2018-2022’ that blockchain investment is expected to surpass $500 million by 2022.

Blockchain Against Corona: How the World Health Organization Uses DLT Compared to the Rest of the Globe

Blockchain Against Corona: How the World Health Organization Uses DLT Compared to the Rest of the Globe

With disruptive technology including blockchain being continuously deployed to tackle the coronavirus COVID-19 pandemic, the World Health Organization (WHO) has chosen to partner with leading technology and blockchain companies to build a distributed ledger technology-based platform to share data.

South Korean Investors Making more than $2,260 from Crypto to be Slapped with a 20% Tax in 2022

South Korean Investors Making more than $2,260 from Crypto to be Slapped with a 20% Tax in 2022

The South Korean Ministry of Economy and Finance has announced that investors making at least 2.5 million won, or approximately US$2,260 from crypto trading, will be subjected to a 20% tax from 2022.

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