Being part of the Bakkt Trust Company, the Bakkt Warehouse facility will allow clients secure storage of Bitcoin tokens with physical and cyber security protections.
The SEC Chairman said that there’s no reason to tweak the existing securities laws and that he is not against any innovation taking place in the digital payments industry.
ASX will be using the new blockchain-based system for its registry, settlement and clearing systems (CHESS).
NBR is currently weighing the benefits of having a CBDC and will decide on the final launch only after seeing the global crypto market scenario and participation from developed economies.
The alleged Chinese officials have been accused of using cryptocurrencies for trafficking of synthetic opioids and fentanyl.
A1 is currently running a pilot project to set an example of how easy it is for businesses to integrate crypto payments in the existing infrastructure.
The Bank of America patent proposes having a robust crypto wallet infrastructure with larger privacy, security, and anonymity.
Santander Group will establish a new “payments corridor” allowing the Latin American customers to make real-time instant payments to the US.
Samsung will now allow Bitcoin Core support through Keystore SDK within the company’s secure storage hardware and supported devices.
An internal source familiar with the matter said that this step is likely the outcome of Barclays reducing its exposure to cryptocurrency-related businesses.
The new blockchain-based system will be based on the Ethereum network and serve up to 1.5 million viewers at any given time.
Under the new ruling for its Income Tax Act, New Zealand will allow the salaried class and wage worker to receives their salaries in digital currencies.
The PBoC said that it will use a blockchain-like system for the functioning of the digital yuan to cater to China’s huge population.
The insurance giant plans to leverage the power of cryptocurrency and blockchain technology to enhance its global insurance payments systems.
The ECB wants more data and information to study the impact of crypto assets on the real economy and plans to use better surveillance tools and methods for the same.
The UN Report states that North Korea is actively pursuing cyberattacks on financial institutions and crypto exchanges to steal money in the foreign currency.
Thailand regulator AMLO says that it will tweak its AML rules to accommodate cryptocurrency monitoring. The rules will be as per the recently issued FATF recommendation.
Looking to the global developments in the crypto space, the PBoC finds it a pressing need to have its own digital currency that can counter global competition.
The city’s transportation system is working on integrating Bitcoin payments to the application which will go live by the end of this year.
China’s PBoC has recently published an infographic for Bitcoin detailing its working. The local Chinese court has already given Bitcoin a legal status as a virtual property.