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How G20 Central Bank Digital Currencies Are Progressing
2.10.2019
Central bank digital currency has become a hot topic among finance ministers and central bankers worldwide, with some G20 countries ahead of the rest on work done toward issuing their own digital currencies. Experts have weighed in on their expectations of when the first G20 digital currency will...
FATF-Driven Delistings Capture the Criminalization of Privacy
17.9.2019
The delisting of privacy coins like monero, zcash, and dash is becoming something of a trend in Asia, and could soon expand elsewhere. In the wake of the intra-governmental Financial Action Task Force (FATF) issuing new global standards, Korean exchanges Okex and Upbit have announced they will...
Why the Marshall Islands Is Issuing Its Own Cryptocurrency
4.9.2019
The Marshall Islands is moving ahead with a plan to issue a sovereign currency built on blockchain, writes Minister David Paul
Central Banks Worldwide Testing Their Own Digital Currencies
15.8.2019
Central banks worldwide are examining the possibility of issuing a central bank digital currency (CBDC), with some already testing theirs for different uses. Countries that have advanced their digital currency projects include China, Singapore, Canada, the Bahamas, Thailand, Uruguay, and Sweden....
Goldman Sachs and Apple Have Started Issuing Long-Awaited Apple Credit Cards
7.8.2019
Apple has always been known for producing innovative products and moving into industries in which it did not have any presence at all. The company proved it by moving into the music & smartphone industries in the 2000s. Now, it is moving into the credit card industry. Last month, the tech giant...
US May Bar Large Tech Firms From Issuing Cryptocurrencies
15.7.2019
Lawmakers in the U.S. are discussing a bill that seeks to prevent large technology institutions in the country from issuing cryptocurrencies
Japan’s Central Bank Rules Out Issuing Cryptocurrency, Say Would Mean Dropping Cash
6.7.2019
Japan’s central bank, Bank of Japan has put the question of launching cryptocurrencies to rest. A bank official stated on Friday that issuing a central bank cryptocurrency would require the county to end cash totally, which at this stage isn’t feasible. Deputy Governor of the Bank...
Node40 Executive Explains What to Expect When the IRS Issues Its New Crypto Policy
27.6.2019
Last May, the U.S. Internal Revenue Service (IRS) revealed it would be issuing new tax guidance and rules about the tax treatment of digital assets and forks. IRS Commissioner Charles Rettig told congressional leaders that the agency has made it a priority to issue crypto-related tax guidance. This...
A Token Issuing Protocol Debuts on Lightning Network of Bitcoin
15.6.2019
A one of its kind protocol that will issue tokens through Lightning network of Bitcoin has been officially launched. The token project, referred to as Spectrum, is an open-source project and is touted to be the game changer. As per Giacomo Zucco, the co-founder of BHB Network, it all started when...
Startups Debut First Protocol for Issuing Tokens via Bitcoin’s Lightning Network
14.6.2019
The first protocol for issuing tokens via bitcoin’s lightning network is aimed to rival ethereum's ERC-20. But that's a tall order
Crypto Trading Platform Bitfinex Launches Utility Token Unus Sed Leo On Ethereum And EOS
24.5.2019
Leading crypto trading platform Bitfinex stated on Wednesday that it followed a dual-protocol route to issue its utility token Unus Sed Leo. The token is issued on both, Ethereum and EOS networks. The announcement was made via a tweet, in which the platform also shared a Medium post link to explain...
US Tax Authority Prioritizes Issuing Guidance on Cryptocurrencies
20.5.2019
The U.S. IRS states that the agency “made it a priority” to issue relevant guidance on cryptocurrency taxation