Bitcoin
* IAMAI says central bank can regulate, not ban. * Supreme Court hearings resume today (January 21). India's Supreme Court wrapped up the first 3-days (Jan 14-16) hearing on cryptocurrencies; in which digital currency advocates are challenging the ban on cryptocurrencies by the Reserve bank of India (RBI). The country&
Bitcoin
A bill seeking to exempt personal and small cryptocurrency transactions from US capital gains tax has been reintroduced to the United States Congress. The bill dubbed: "The Virtual Currency Tax Fairness Act of 2020", seeks to establish a distinction between virtual currency expenditure that qualifies as personal transaction
Bitcoin
According to crypto analyst, Nicholas Merten Bitcoin and the altcoin markets are on their way to a meteoric rise in price. While on the show, Datadash, Merten asserted that Bitcoin will eventually hit $100,000. $2 Trillion Market Capitalisation Incoming The analyst believes that the target for the next bull-run
Education & News
Head of the International Monetary Fund (IMF) - Kristalina Georgieva has highlighted fintech and digital currencies as key priorities of the organization for the new year. According to Georgieva - a former CEO of the World Bank, the road to stimulating a healthy global economy will require leaders of its
Blockchain
Turkey makes history with the optimization of its gold-backed cryptocurrency, BIGA. The digital currency is now fully functional, with different financial institutions in the region already using it. Gold Cryptocurrency is Good to Go The nation’s top lender, Istanbul Clearing, Settlement and Custody Bank (Takasban) was able to complete
Education & News
The Reserve Bank of Australia (RBA) recently released a report in which it examined the need for an Australian Dollar-based central bank digital currency (CBDC). According to the report submitted to the Australian Senate Committee for Financial Technology and Regulatory Technology, it notes that CBDCs have stimulated wide discussions across
Blockchain
A new study by professional job board, LinkedIn reveals that blockchain technology skills will be the most in-demand hard skill this year. According to an official blog post, blockchain technology now tops the list of most-needed skills in 2020, surpassing other hard skills such as cloud computing, user experience (UX)
Africa
Rapper Akon in a recent tweet revealed that agreement for his "Akon City" (Crypto City) project has been finalized; following the signing of an MOU with SAPCO - Senegal's state-owned tourism department. The Akon City project is hence slated to launch in Senegal by 2025, and
Education & News
Rumours of the launch of a digital dollar have made news rounds in the cryptocurrency markets after a tweet suggests the US Federal Reserve will announce a digital dollar on 16 January 2020. A New Era for the Dollar The move could prove to be a critical factor in driving
Bitcoin
On its launch 11 years ago (2009), Bitcoin was a relatively unknown currency or asset which as at today has asserted its influence in the monetary and financial sphere of the global economy. Bitcoin's current popularity and impact could be attributed to its huge investment returns, sloppiness of
Africa
Blockchain accelerator, Aeternity deploys Univote in 2020, a voting application designed to enable voting exercises on a decentralized network. University Students to Release Blockchain Voting Application A prototype for the project exists on the ethereum test-net. Later in the year, Aeternity will deploy the application on its main-net. It opens
Africa
Self acclaimed Ghanaian millionaire celebrity - Shatta Bandle took to his Instagram page to show off his Bitcoin wallet; boasting of $65,000 holdings about (7.54) BTC at the time of publication. The "Young Young Rich Nigga or Abba Dangote" as he is fondly called, gained popularity