Bitcoin
Chinese phone giant Huawei has launched a new smartphone with a built-in wallet for China's central bank digital currency. Announced Friday, the company unveiled the new device - Huawei Mate 40 among other products. CEO Yu Chendong, says the Mate40 smartphone is the first mobile device to enable
Education & News
China's optimism for blockchain technology was praised as cryptocurrency businesses in the nation and outside of the nation anticipated market opportunities with its 1.3 billion-strong population. Now, eyebrows are raised as the nation drafts law to legalize the digital yuan and outlaw cryptocurrencies by anyone else competing
Bitcoin
In a trending development, over 40 million troy ounces of gold have been discovered in Russia's Siberian region - a welcome boost to the country's large gold reserve. What is however in question is the now increased supply of gold - amidst claims of it being
Blockchain
Malaysia-based blockchain startups can now secure funding for their projects courtesy of a new loan program launched by LuneX. According to reports, the program looks invest in early projects by providing funds starting from $100,000 to millions for crypto and blockchain entrepreneurs in the country; as it says the
Africa
The Central Bank of Kenya (CBK) has begun discussions with other international apex banks on the possibility of entering the digital currency (CBDC) space. According to reports, the Governor of the CBK - Dr. Patrick Njorge told newsmen that the country's central bank is "already feeling left
Bitcoin
Jack Ma - Chinese billionaire and co-founder of Alibaba Group at a recent event described digital currencies as an important player in the new global financial system. Speaking at the Bund Financial Summit, Jack Ma who owns China's biggest e-commerce company said "digital currency could create value
Education & News
PayPal's entry into the cryptocurrency markets has been likened to a stimulus check for Bitcoin. The payments company, which has 346 million active accounts, could end up facilitating $50 billion in cryptocurrency transactions. This presents a big win for Bitcoin holders who would expect that such increases in
Bitcoin
On a highly anticipated Joe Rogan podcast episode, Kanye West speaks highly of Bitcoiners, claiming that they are capable of bringing liberation and freedom to humanity. Kanye West on Bitcoiners and Humanity In the podcast, West speaks positively about Bitcoin and how it can be used to create new frontiers
Bitcoin
PayPal Holdings Inc - a digital payments platform popular in the US and worldwide announced Wednesday it will allow customers to buy, sell, and hold Bitcoin and other cryptocurrencies on its online wallet. According to the announcement, the new feature will initially support four coins - Bitcoin (BTC), Ethereum (ETH)
Education & News
According to the Financial Stability Board, stablecoins could help to improve financial inclusion. The body believes that hybrid cryptocurrencies could enhance payments and allow for new ways to provide financial services. Stablecoins the Key to Financial Inclusion? A report by the Financial Stability Board, “Regulation, Supervision and Oversight of “Global
Education & News
As it takes more steps to release its central bank digital currency (CBDC), Canada looks to hire an economist with a deep knowledge of financial technology and digital currencies. Economist Wanted in Canda for Help with Digital Currency Canada has been working on its own digital currency for a while
Education & News
The SEC has given further consideration to tokenizing Exchange-Traded Funds. SEC Chairman, Jay Clayton revealed details of the commission’s approach to regulating cryptocurrency products during a panel discussion hosted by the Chamber of Digital Commerce. SEC Progress With the Tokenisation of Exchange-Traded Funds The SEC has been working on