Human Rights Foundation Chief Strategy Officer: Bitcoin Saves Lives, Increases Freedom and Gives Hope
Alex Gladstein, the CSO of the Human Rights Foundation blasted a reporter who called Bitcoin the “perfect Ponzi”, explaining that BTC crypto creates freedom and gives hope.
Mastercard Launches Virtual Platform to Help Governments Test CBDCs
Payment giant Mastercard has unveiled a virtual platform that will enable central banks to assess and explore Central Bank Digital Currencies (CBDCs).
Ant Blockchain Open Alliance Seeks to Minimize Costs for SMEs
Ant Blockchain Open Alliance, an enterprise blockchain platform by Chinese financial giant Ant Financial, is purported to aid SMEs in generating their own blockchain applications at minimal costs.
Africa Crypto Adoption Sparks Regulation Concerns
The accelerated growth of blockchain technology in Africa recently has raised concerns over the possible implementation of knee-jerk regulation.
Ripple GM Reveals that the Blockchain Firm Is Actively Seeking to Partner with Banks for CBDC
Amid the COVID-19 pandemic and the SEC lawsuit, Ripple continues to thrive through partnerships with financial institutions leveraging their payment services.
Consensys Report: CBDC are Risk-Free Compared to Facebook Libra
In a recent white paper entitled Central Banks and the Future of Digital Money—Consensys offers an insightful and practical overview of the potential and risks of CBDC. The research paper also offers an example of how the Ethereum blockchain can be leveraged to design and build a CBDC and takes a deep dive into what the practical implementation of a CBDC would require.
Ripple CEO Urges US Regulators to Embrace Crypto as Country Risks Falling Behind China
CEO of Ripple, Brad Garlinghouse, has disclosed how China has taken the lead in blockchain and crypto as the US risks losing out.
Venezuelans to Bypass Hyperinflation with Bitcoin-Backed Synthetic US Dollars After Years of Extreme Economic Crisis
A cross-border remittance startup based in Colombia, Valiu has released a new Bitcoin-backed US dollars for Venezuelans to bypass the hyperinflation that has been tormenting their national economy.
Hong Kong's 2020 Budget: Digital Assets May be Incorporated into Regulatory Framework but not Blockchain
Financial Secretary of Hong Kong, Paul Chan been under intense pressure from lawmakers to dip into the government’s fiscal reserves to help the city get out of an economic slump. After months of anti-government protests and the emergence of the coronavirus epidemic, Hong Kong residents aged over 18 will receive a cash handout of HK$10,000. The budget also highlighted the forecast of an all-time high deficit of HK$139 billion for the coming fiscal year.
Will Distributed Ledger Technology and Cryptocurrencies Ever Lead to the Extinction of Banks?
In the world we live in today, virtually every sector of human activities have begun to experience one form of digitisation or another, and the Banking sector happens to be one of the sectors at the forefront of this evolution.
RippleNet Expands Access to Cross-Border Payments in the Asian Market with Thai FinTech Partnership
Thailand-based fintech company DeeMoney has joined RippleNet to process more efficient money transfers with competitive rates and low fees for all of Asia.
Bank of Korea Speeds up Digital Currency Research, States Central Banks are Driven towards DLT
The Bank of Korea (BoK), South Korea’s central bank and monetary issuer, has released its research on the use of digital currencies and blockchain technology for the banking industry.