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Pakistani Judge Challenges Federal Authorities Over Cryptocurrency Ban
Justice Muhammad Iqbal Kalhoro of the Sindh High Court (SHC) has challenged the State Bank of Pakistan's ban on cryptocurrencies in 2018.
Denmark Backs Blockchain Technology As Instrument to Fighting Runaway Political Corruption
The Danish government has thrown its support behind blockchain in the fight against political corruption.
Bitfinex and Tether's Appeal Rejected by New York Judge
Judge Cohen reportedly decided to give a 90-day extension to the case, which will give the New York Attorney General’s office to continue investigating. Judge Cohen also dismissed Bitfinex and Tether’s motion to appeal after the ruling.
Ghana Confirms Its Interest in Piloting Central Bank Digital Currency
Ghana has confirmed that it is on the hunt for a Central Bank Digital Currency (CBDC). The Bank of Ghana’s deputy governor, Dr. Maxwell Opoku-Afari, recently revealed that the country’s central bank remains committed to piloting a national digital currency. He made such remarks during a virtual stakeholder workshop on payment systems and services as reported by GhanaWeb local news outlet.
Ripple XRP Crashes by 40% as Crypto Exchanges Halt XRP Trading
Cryptocurrency XRP has tanked by 40% following the US Securities and Exchange Commission’s lawsuit against Ripple, with over
Miss Finland: Most Women Stay Away From Bitcoin Because of Its Risk
Miss Finland a strong female supporter of cryptocurrency says that women tend to stay away from Bitcoin due to its high-risk level, hence its low popularity among women.
Financial Conduct Authority, on the 2 Key Initiatives to the Era of Open Finance
Following the Part 1 interview of the Financial Conduct Authority, Maha El Dimachki, Head of Payments of the FCA reveals some of her key initiatives in the FCA, including the significance of the second Payment Services Directive (PSD2) among the EU countries and the rationale of the Stronger Customer Authentication. As Co-Chair of Spectrum, the BAME Network Group at the FCA, El Dimachki also provided some advice for women in FinTech!
South Korea Sets Up Panel to Accelerate CBDC Launch
In a bid to keep up with global trends in the development of a Central Bank Digital Currency, South Korea launches a 6-man panel to review regulatory issues
Blockchain May Jeopardize London’s Financial and Tax Collection Systems, Proclaims John Straw
John Straw, a senior advisor to IBM and McKinsey, has warned that blockchain could render the financial service sector in London irrelevant. He also noted that the city’s banks could be destroyed, making the collection of corporate and personal taxes cumbersome.
Ripple Donates $10M to Humanitarian Organization to Accelerate Financial Inclusion
Ripple has continued to be innovative in finding ways to deliver global financial inclusion amid a struggling COVID-19 economy.
Microsoft Azure Cloud Solution Architect Lead Explains the Keys to Success for Blockchain Developers
The Microsoft Azure Blockchain Service is an enterprise service aiming to help businesses build applications on top of blockchain technology. The service is integrated with Azure Active Directory and offers tools such as adding new members, setting permissions, and monitoring the network and activity. Blockchain.News interviewed Saranya Sriram, the Head Cloud Solution Architect at Microsoft Azure, to find out more about the platform.
Chinese Smart Courts Leveraging Blockchain and AI
Smart courts in China are reportedly leveraging a range of innovative technologies to settle legal cases. The online judiciary courts utilize big data, cloud computing, artificial intelligence, and blockchain.