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The Russian Deputy Finance Minister Alexei Moiseev says you can use crypto cards to pay for goods and services. Moiseev told the local media that the transactions are legal as the businesses receive money in Russian rubles. The minister highlighted an incident whereby a person was prosecuted for paying his cafe bill with a crypto […]
Huobi, the Singapore-based cryptocurrency exchange group is ready to make a comeback into Japan, this time with a full Financial Services Agency (FSA) License. This came about after its merger with BitTrade. Leon Li, the Huobi Group Founder and CEO described their re-entry into the Japanese market as a milestone. Li acknowledged Japan as an […]
International banking giant, HSBC is the latest to be sucked into the blockchain vortex. HSBC revealed that it has made over three million forex trades in 2018 with about 150,000 payments via FX Everywhere, its proprietary blockchain. Richard Bibbey, the acting head of currencies at HSBC said the bank conducted thousands of foreign exchange transactions […]
The Distributed Technologies Research (DTR), non-profit foundation, has launched a globally scalable decentralized payments network, known as ‘Unit-e’. Babak Dastmaltschi, Chairman of the DTR Foundation Council said advancements in distributed technologies will enable open networks, avoiding the need for centralized authorities. Dastmaltschi said blockchain and digital currency markets are at an interesting crossroads. “We are […]
One of the largest crypto trading platform having a market valuation of 8 million dollars is reported to acquire a San Francisco based startup Blockspring, the company is known for allowing developers to gather and process data from APIs. The news about the deal came into light through the blog post of Blockspring, and the […]
Binance Jersey has received an overwhelming response from the market for its newly launched crypto-to-fiat trading platform. The new exchange reaching out to the European region. Wei Zhou, the company’s CFO in a statement said Jersey has an existing legal and regulatory framework in place for cryptocurrency. “Binance Jersey hopes to increase Jersey’s competitive advantage […]
WWF of Australia has declared that it has started a blockchain built tool for tracking supply chain. The tool is developed jointly by WWF and BCG Digital Venture, a Boson based firm dealing with corporate investment and incubation. The tool developed is named as OpenSC, it will help the consumer and the business to keep […]
Blockstream, blockchain based company is all set to launch its beta variant of satellite API. The company is reported to launch the satellite to help the developers in broadcasting data. The announcement about the launch was made on 16th of January 2019, by the company. The company has put a step forward toward their satellite […]
With more people showing interest in cryptocurrency, the digital currency is getting more vulnerable to hackers. The latest incident being reported is the New Zealand Cryptopia cryptocurrency exchange where hackers took off with $3.65 million in Ether and Centrality tokens. There are a number of security loopholes which the cryptocurrency market has to address. Experts […]
WWF Australia and BCG Digital Ventures collaboration have come up with a blockchain powered food tracking platform, OpenSC, as part of their effort for a legal and safe environment. While launching the new platform in Sydney today, the WWF-Australia Chief Executive Officer Dermot O’Gorman said the OpenSC will bring about a new level of transparency. […]
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