Due to the rising costs of printing fiat money, RBI is looking towards a digital-token alternative using the distributed ledger technology (DLT).
A major blockchain conference is planned for next month by the Organization for Economic Co-operation and Development.
ORBISE aims to disrupt the financial services market through its innovative blockchain solution and token.
Square’s new payment system aims at reducing the transaction latency making crypto payments as fast as credit card payments.
The EU member states will gather next week in Vienna, Austria to discuss certain steps required to monitor the function of the crypto market.
British insurance giant Lloyd’s of London is expanding its operations into the cryptocurrency space on growing demand for insurance coverage.
The report cites some issued like lack of trust among users, inability to bring the network together, and other technical challenges of scalability and interoperability, for the slower blockchain adoption.
The blockchain platform allows customers to transact on different banking platforms while undergoing verification only through a single app.
The blockchain conference is expected to see blockchain experts from around the globe who will also be having individual meetings with the Korean business officials.
The Thailand Government, Bank of Thailand and several commercial banks are working on a central bank cryptocurrency, to be used for interbank, cross-border and third-party payments.
Research Bank of India has fired the first warning shots and made it known it will not lag behind as other countries invest big on emerging technologies.
Ant Financials and Tencent have ramped up efforts as they seek to crack down on cryptocurrency related activities and transactions in their respective mobile payment apps
The Singapore Stock Exchange and the Monetary Authority of Singapore are working on a blockchain-based system that would make securities settlements more efficient.
Dubbed as Bondi, this will be the world’s first public blockchain bond aimed at improving the operational efficiency of automated financing.
This move is a further crackdown on stopping Chinese locals from indulging in cryptocurrency trading activities.
The new patent talks of using encryption tags to further secure storing of crypto-related transactions.
SEC Commissioner made an official announcement on Twitter that the agency leadership with reconsider the rejection which was drafted by the staff members.
The ban of crypto communication channels arrive in the face of newly introduced regulations by the Cyberspace Administration of China.
Electronics giant LG has joined a growing list of companies eyeing innovations around blockchain technology.
The FSA wants to ensure investors protection while not stifling innovation in the crypto space.