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The world’s fastest growing young economy, India fears that cryptocurrencies will strike off the weakening rupee. Though aware about its popularity and accelerating growth, India is unsure. The high-level panel committee led by top bureaucrat, Subhash Chandra Garg is very hesitant about adopting the digital currencies. Indian experts are more worried about cryptocurrencies toppling the […]
Six the primary stock exchange of Switzerland has indicated that their traditional exchange platform will be surpassed by a blockchain built digital platform within the mid of this year. The exchange of the landlocked nation also deals with Swiss government bonds. Six is now entirely electronic in dealing with stocks and bonds. But the underlying […]
Japan’s three largest banks have ditched the peer-to-peer remittance service program and are now working towards developing their own cryptocurrencies. The remittance service program, launched in 2017, had been taken up by Mizuho Financial Group, Sumitomo Mitsui Financial Group and Mitsubishi UFJ Financial Group. They were developing a blockchain-powered system to facilitate money transfers between […]
Sheikh Saeed bin Ahmed Al Maktoum has given cryptocurrencies a much needed ‘royals touch’ as he backs Invao, the Liechtenstein-based firm to catch the attention of more investors. Launched in 2018, Invao has been boosted by the Shiekh’s Private Office. In less than a year, Invao has invested more than $1 million and made a […]
The Isle of Man’s two blockchain projects, the ‘Blockchain Office’, and the ‘Isle of Man Sandbox’ will leverage the blockchain sector to newer horizons. Being developed since September 2018, the two initiatives are designed by Digital Isle of Man which is an executive agency within the island’s Department for Enterprise. The first project, ‘Blockchain Office’ is […]
The chamber of digital commerce, the first and most significant in the world has amalgamated with Blockchain Association of Canada (BAC), from now onwards the association will be known as Chamber of Digital Commerce, Canada. The news of the merger came into light via a press release published on the website of the association. The […]
Decentralization of one of the most rapidly evolving corners of cryptocurrency is the dream of the San Francisco based startup Dharma. The company has raised up $7 million to shape the lending platform for the crypto investors and traders. In a press release on Tuesday 5th February, the information was released about their Series A […]
The Philippines will be placing regulation for the digital assets with some new rules to protect the investors and encourage modernization. The new regulation is aimed to cover the areas like acquisition, together with utility and security of the crypto token as laid down by DATO and approved by CeZa, the regulatory authority of the […]
Six banks from the Saudi and UAE will be joining for a cross border virtual currency transaction project named “Aber” as reported by the Saudi monetary portal Argaam on 5th of February. The mission of the venture is to make a financial transaction between the two countries easier by using the digital currencies as reported […]
The panel of Indian government agency undertaken the work of regulating cryptocurrency for the country is reported to be worried about the impact Rupee may face because of crypto. Previously the country had a hate relationship with digital currencies and had imposed a ban on exchanges dealing with cryptos. The committee led by Subhash Chandra […]
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