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Sweden's Sveriges Riksbank Begins Testing Its Blockchain-Powered Central Bank Digital Currency

Sweden's Sveriges Riksbank Begins Testing Its Blockchain-Powered Central Bank Digital Currency

Sweden’s Riksbank announced that it had started testing an e-krona, taking one step closer to the release of a central bank digital currency.

South Korea Declares Andong City as Blockchain Free-Trade Zone to Boost Medical Hemp Production

South Korea Declares Andong City as Blockchain Free-Trade Zone to Boost Medical Hemp Production

The South Korean government has designated Andong City as a free trade zone for hemp production, leveraging a blockchain network.

China’s Central Bank Official Urges the Acceleration of Digitization of the Chinese Economy with Blockchain

China’s Central Bank Official Urges the Acceleration of Digitization of the Chinese Economy with Blockchain

China’s central bank, the People’s Bank of China (PBoC) Financial Technology Committee held its first meeting of the year this week, after months of delay due to the coronavirus pandemic. Fan Yifei, the PBoC’s deputy governor echoed President Xi Jinping’s call for the acceleration of the country’s blockchain development adoption. The president pointed out that it is necessary to strengthen fundamental research of blockchain technology and enhance innovation, enabling China to take a leading position in the blockchain field. The bank’s deputy governor met with the central bank’s officials as well as the heads of their affiliated financial institutions. Fan emphasized the importance of blockchain and financial technology (FinTech) industries and wanted to ensure China’s adoption plan would be laid out and implemented by 2021 to be in line with the deadline they have set out.

World's largest electronics and lighting marketplaces open in Oct

World's largest electronics and lighting marketplaces open in Oct

New AI & Voice Recognition zone plus smart lighting products

What You Need to Know About Jae Kwon’s Cosmos (ATOM) Blockchain

What You Need to Know About Jae Kwon’s Cosmos (ATOM) Blockchain

The blockchain network Cosmos is unlike any other that has been created so far, offering interoperable solutions across many digital decentralized protocols.

Profit Reaped by Bitcoin Addresses Dips to a 3-Month Low amid a Week-Long Price Correction

Profit Reaped by Bitcoin Addresses Dips to a 3-Month Low amid a Week-Long Price Correction

The number of Bitcoin (BTC) addresses in profits has plunged to a 3-month low at 30,782,698.006 as the price of Bitcoin has stayed in the bearish zone for days.

Blockchain Deals Are Shifting from the US to China, CB Insights Report

Blockchain Deals Are Shifting from the US to China, CB Insights Report

Blockchain Deals Are Shifting from the US to China, CB Insights Report

Huawei Secures Deal with One of China's Districts to Accelerate the Application of Blockchain Technology

Huawei Secures Deal with One of China's Districts to Accelerate the Application of Blockchain Technology

The Nanshan government of Shenzhen, in the southern Guangdong province in China, has recently announced an agreement with electronics giant Huawei Technologies to establish an information technology center, accelerating the application of technologies including blockchain, artificial intelligence in the district.

Crypto Businesses Given the Green Light to Set Up in Dubai’s Free Zone

Crypto Businesses Given the Green Light to Set Up in Dubai’s Free Zone

Following a memorandum of understanding (MoU) between the Dubai Multi-Commodities Centre (DMCC) Free Zone and the Securities and Commodities Authority (SCA), crypto businesses have been granted the liberty to operate in DMCC once registered licenses are granted.

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