Cryptocurrency Analysis and News Portal
Bitcoin Cash (BCH) focused firm BitcoinBCH has potentially misled the public into believing that Bitcoin (BTC) double spends can be easily carried out.On Dec. 18, BitcoinBCH’s CEO Hayden Otto published a video on YouTube allegedly showing how TravelByBit’s Bitcoin Point of Sale (PoS) wallet misleads merchants into believing that
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The adoption rate of blockchain technology in China continues to impress as the People’s Bank of China (PBoC) has reportedly issued 20 billion yuan ($2.8 billion) in blockchain-based special financial bonds for small and micro enterprises.According to local news outlet Sina Finance in early December, the funds are specifically
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Multi-asset investment platform and social network eToro is allegedly planning to launch a debit card in the second quarter of 2020.On Dec. 9, Business Insider reported that the United Kingdom-based digital asset trading platform’s 12 million users will be able to spend their earnings via a debit card, planned
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United States Secretary of the Treasury Steven Mnuchin said that he and Federal Reserve Chairman Jerome Powell do not anticipate the development of a national digital currency in the country.Mnuchin delivered his comments during a House Financial Services Committee hearing in Washington, Bloomberg reported on Dec. 5. “Chair Powell
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The Indian government is drafting a paper outlining a new national blockchain framework, a minister wrote Wednesday. Source
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The governor of the West African nation’s central bank, Ernest Addison, said Tuesday that Ghana could issue a digital form of the nation's currency, the cedi, in the "near future” and is in talks to develop a pilot project in a "sandbox environment." Source
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Some 25,000 Chinese companies have tried to issue their own tokens over the past few years, a new report authored by five government agencies claims. Source
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New York-based financial technology firm Tassat — formerly known as trueDigital — has succeeded in overcoming the first hurdle in its bid to launch a fully-regulated crypto derivatives exchange.According to an announcement from the United States Commodity Futures Trading Commission (CFTC) on Nov. 7, the regulator has approved the
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A report commissioned by IBM and the central banking think tank the Official Monetary and Financial Institutions Forum (OMFIF), claims scores of officials from central banks around the world are considering launching their own consumer-ready central bank digital currency (CBDC).The report is based on findings of a research group which
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73% of leading global banks have claimed that central bank digital currencies (CBDC) should be available “under all circumstances” in a new study.“CBDC will substitute much more easily for cash”According to a joint report conducted by tech giant IBM and the Official Monetary and Financial Institutions Forum (OMFIF), global
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