The State Media Said that several companies just associate itself with the concept of blockchain for financial gains and business momentum, without actually practicing it.

Honest crypto tax payers are now getting tax refunds from the Internal Revenue Services (IRS) while the agency is now focusing on Bitcoin ATMs and crypto kiosks for any illicit crypto activities.

Reports indicate that China is starting Phase 1 of its CBDC Digital Yuan project, by imposing limits on transactions and reducing the presence of cash in 3 important regions.

In an attempt to reduce the USD reliance in trade settlements, BRICS nations looking for an alternative like a digital currency among the member nations.

The CFTC Chairman said that with the Ethereum network shifting to a PoS consensus model, they might treat the new tokens as securities.

Bakkt says that it will offer cash-settled Bitcoin Futures in Singapore traded over the ICE Singapore exchange.

In this article we explore the upcoming Bitcoin Options, to be released by the CME Group, and their potential impact on the market.

Coeure will lead the BIS Innovation Hub from January 2020 and look after the efforts of central banking institutions for digital currency and other fintech developments.

The SFC said that Tencent holds the potential to execute such large scale projects.

Reports indicate that the central banks of Hong Kong and Thailand have been working on the development of a CBDC, designed to facilitate bank-to-bank monetary transfers, securities settlement, and corporate payments.

Tether snubs off all the allegations of its involvement in Bitcoin price manipulation during the 2017 bull run using USDT tokens. It calls all the allegations to be completely baseless.

China has a huge cryptocurrency and Bitcoin mining industry due to the availability of surplus and cheap hydroelectric power in regions of Xinjiang and Sichuan.

Under the new licensing procedures, crypto exchanges will have to follow strict KYC and AML procedures and other security token laws.

Huawei will be working with the central bank’s digital currency research unit on different blockchain to token-based projects taking place in the country.

Huawei will be working with the central bank’s digital currency research unit on different blockchain to token-based projects taking place in the country.

The HMRC has updates rules and taxation structure for individuals and businesses involved in activities of crypto buying, selling, payments, or other transactions.

The ICE chief added that Bitcoin’s use in daily transactions of goods and purchases will help it to establish its status as a store-of-value or digital gold.

The private banking members said that while digital currency is next big revolution, the transformation should be swift and not endanger the existing monetary system.

A survey carried out by IMB and the OMFIF shows several interesting findings regarding the future of CBDCs, from the perspective of central banks.

China passes law on state-sanctioned cryptocurrencies, in preparation for the digital Yuan. Similarly, the nation has shown interest towards the development of blockchain technology.