With the Digital Vault platform HSBC plans to digitize paper-based assets records thereby cutting costs and reducing the processing times.

The Thailand regulator is planning to amend a royal decree on digital assets businesses with the purpose of boosting innovation and growth while simultaneously protecting investors’ interest.

The executive said that the Eurozone should work towards adopting new innovations and technology and should seriously consider for a CBDC for faster cross-border settlements.

The PBoC said that promoting blockchain technology has wrongly encouraged a few local companies to pursue crypto-related activities that won’t be allowed as per the country’s laws.

Fed Chairman Jerome Powell puts forward the pros and cons of having a CBDC and said that they are weighing all options before launching such a project.

Galaxy Digital will use this institutional-grade Bitcoin storing facility for storing tokens for its two newly launched Bitcoin funds.

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.