Roger Ver. Roger Ver, the main proponent of Bitcoin Cash (BCH) says he is giving what one day he finds will be worth USD 5,000 in BCH – 99,900% more than its current worth. On November 4th, Ver came to his Facebook friends with a proposal. Wanting to spread the adoption of BCH, Ver says,…
Read more
Business-to-business cross-border payments carried out on a blockchain will exceed $4.4 trillion by 2024, after reaching $171 billion this year, says Juniper Research. The value of Business-to-Business (B2B) cross-border payments carried out on a blockchain will exceed $4.4 trillion by 2024, after reaching $171 billion this year. According to a press release published by Juniper…
Read more
One year after launching a trailblazing licensing scheme for cryptocurrency fund managers, Hong Kong’s securities regulator has issued few and far between. One year after launching a trailblazing licensing scheme for cryptocurrency fund managers, Hong Kong’s securities regulator has issued few and far between. According to a Reuters report on Nov. 5, the licenses introduced…
Read more
The United States Federal Reserve is hiring a manager for its Retail Payments section to contribute to the research of digital currencies and stablecoins. The United States Federal Reserve is hiring a manager for its Retail Payments section in Washington, D.C. On Nov. 3, the U.S central bank posted a new job opening to its…
Read more
China has introduced an independently developed blockchain-based identification system for its smart city infrastructure. China continues to up its blockchain game with an independently developed blockchain-based identification system for cities as part of its smart city infrastructure. On Nov. 4, Chinese daily tabloid newspaper Global Times reported that the newly developed identification system was jointly…
Read more
Regulators in the Canadian province of British Columbia have shut down the Einstein cryptocurrency exchange, which reportedly owes $16 million to clients. Regulators in the Canadian province of British Columbia have shut down the Vancouver-based Einstein cryptocurrency exchange. In a press release on Nov. 4, the British Columbia Securities Commission (BCSC) reported that it had…
Read more
The Stellar Development Foundation has announced that it burned over 55 billion tokens and is focusing on other development goals for the currency. The Stellar Development Foundation (SDF) announced a new mandate today for its network’s development, stating that it has burned over 55 billion Stellar Lumens (XLM) tokens. According to a Medium post on…
Read more
A financial regulator in a Canadian province has placed one cryptocurrency exchange into receivership and is investigating another – with scores of customers concerned about the whereabouts of their funds. Per multiple Canadian media outlets, including news agency The Canadian Press (via Vic News), the British Columbia Securities Commission last week asked the province’s Read…
Read more
Cryptocurrency exchange Huobi Global has announced that it will freeze all United States-based customers’ accounts on Nov. 13. Cryptocurrency exchange Huobi Global has announced that it will freeze all United States customers’ accounts on Nov. 13. In a blog post on Nov. 3, Huobi stated that its user agreement expressly prohibits customers in the U.S.…
Read more
Huawei has signed a strategic cooperation agreement with the digital currency research unit of the People’s Bank of China. Multinational telecommunications and consumer electronics giant Huawei has signed a strategic cooperation agreement with China’s central bank, the People’s Bank of China (PBoC). According to a statement from Huawei’s WeChat channel on Nov. 4, PBoC deputy…
Read more
