Cryptocurrency Analysis and News Portal
Thai Stellar-based blockchain startup Lightnet has raised $31.2 million to boost cross-border payments in Southeast Asian countries.The Bangkok-headquartered firm has completed a Series A funding round led by major financial conglomerates in the region, Singaporean United Overseas Bank (UOB) and South Korea’s Hanwha Investment & Securities, Business Insider Malaysia
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The development of a digital yuan, or DECP, has taken a great leap forward, according to the People’s Bank of China, the nation’s central bank.In a statement (in Chinese) Thursday, the bank said the “processes of top-level design, setting industry standards, developing potential functions and integration testing,” were “almost complete.” The
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Ethereum’s Serenity will launch by the end of this year, according to ConsenSys Co-founder Andrew Keys. Given the current state of development though, few share his excitement.In a Jan. 7 post published on the ConsenSys site, Andrew Keys shared his predictions for 2020. Keys was one of the co-founders
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China’s digital currency project continues to move ahead aggressively, with a new paper from the People’s Bank of China suggesting that a core design is complete. Whatever stage of development the currency actually is, it’s clear that China wants the world to see it as ahead of the curve in
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New York lawmakers proposed a bill on a peer-to-peer (P2P) savings and payment platform called the “New York Inclusive Value Ledger.”Introduced by New York State Assembly legislator Ron Kim and Senator Julia Salazar, the bill proposes to set up the “empire state inclusive value ledger establishment and administration act”
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The crypto space has had a bit of a rollercoaster ride over the course of the past year, during which many cryptocurrencies have had their time in the sun, and one of the more notables tokens to considers in this regard is Bitcoin SV (BSV). Key Drivers In a development that will
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The European Union’s 5th Anti-Money Laundering Directive (5AMLD) came into effect today, January 10. The regulation was entered as law on July 9, 2018 in an effort to bring increased transparency to financial transactions for pushing back against money laundering and terrorist financing across Europe.For the first time, 5AMLD
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Britain’s Financial Conduct Authority (FCA) now monitors anti-money laundering (AML) and counter terrorist financing (CTF) for companies carrying out cryptocurrency-related activities.According to an official announcement published on Jan. 10, FCA will supervise whether United Kingdom-registered businesses engaged in crypto asset-related operations are compliant with relevant regulations and requirements.List of
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I would say the interesting question here is not the price of BTC, but whether BTC (and other main cryptocurrencies, such as ETH) will be more widely adopted on a long-term basis rather than only for a pure speculative aspect. We do not want to see a repeat
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