Tag: bitcoin

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Ho Chi Minh City to Develop Blockchain Regulations for Smart Cities

Ho Chi Minh City plans to develop a regulatory framework for blockchain technology and how it is applied to smart city development. Ho Chi Minh City will develop a blockchain-oriented regulatory framework for the development of smart cities.  Tran Vinh Tuyen, Vice Chairman of the Ho Chi Minh’s People’s Committee, announced the news during the…
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CoinMarketCap to Replace Volume With a New Metric + More Crypto News

Crypto Briefs is your daily bite-sized digest of cryptocurrency and blockchain-related news – keeping you up-to-date with under the radar crypto news from around the world. Exchanges news The most popular crypto market data provider CoinMarketCap announced the launch of its new Liquidity ranking metric aimed at fighting “volume inflation” problem. The Liquidity metric  Read…
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HTC Launches Limited Run of Smartphone With Crypto Exchange Binance

HTC’s Binance Edition Exodus 1 will support the Binance Chain blockchain and Binance’s decentralized counterpart Binance DEX. Taiwan-based smartphone maker HTC will launch a limited edition of the Exodus 1 featuring services by major global crypto exchange Binance. The Binance Edition Exodus 1 supports the Binance public blockchain, Binance Chain, as well as its decentralized…
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Canada’s Largest Bank Mulls Crypto Exchange After Bitcoin Ban — Report

Royal Bank of Canada previously stopped account holders buying Bitcoin with its cards, but is now reportedly interested in launching a crypto trading platform. A Canadian bank, which banned its clients from buying Bitcoin (BTC), could now become the first in the country to launch a cryptocurrency exchange.  As innovation economy news outlet The Logic…
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Bittrex Returning Crypto Funds to Iranian Users After 2-Year Freeze

Cryptocurrency exchange Bittrex will give frozen holdings back to its Iranian users, which the exchange suspended in 2017 due to the requirements of U.S. regulators. Crypto exchange Bittrex will give frozen holdings back to its Iranian users, which the exchange suspended two years ago due to the requirements of United States’ regulators. Bittrex’s Iran-based users…
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China Digital Currency ‘Not Seeking Full Data Control’ — Central Bank

A senior official at the People’s Bank of China says it will listen to public demand to retain notes and coins, in line with previous cash protection measures. China is not launching a war on cash by introducing its own digital currency, a senior official from the central bank has said.  As Reuters reported on…
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Can Cryptocurrency Create a New Niche in Music Streaming?

Can crypto and distributed ledger technology help improve the music industry? The music streaming industry has come a long way since the old days of Napster and the first-ever downloadable music. The new technology that was the internet, combined with faster download speeds, made music sharing possible. Since those early days, regulations and structure have…
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8 South Korean Crypto Exchange Execs Jailed in USD 386m Fraud Wrap

Source: iStock/st_lux A court in South Korea has jailed the head of cryptocurrency exchange Coinup for 16 years, after convicting him of fraud. Eight other executives from the exchange were also given jail time, with the company’s vice president given an 11-year prison term. The Seoul court ruled that Coinup’s CEO, “Cash Kang” (real name…
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Volvo Adopts Oracle’s Blockchain for Its Supply Chain — Here’s Why

Cointelegraph takes an in-depth look into why Volvo is using blockchain to provide global traceability of cobalt that is used in its electric vehicle batteries. Volvo Cars announced last week that it is using Oracle’s blockchain platform to trace cobalt, one of the main components in electric car batteries. Following the unveiling of the company’s…
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Banking Giant With 16 Million Clients, RBC, Goes Crypto – Report

The Royal Bank of Canada (RBC), the Canada-headquartered major global bank, is set to open a cryptocurrency exchange, according to a report from The Logic. The media outlet claims it has learned that the RBC wants to allow customers to trade in cryptocurrencies such as Bitcoin and Ethereum for investment purposes, as well as providing…
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