The BIGA Digital Gold System is a blockchain-based peer-to-peer electronic gold transfer system to transfer physical gold.
Under the existing tax laws, the Ministry of Finance and Strategy has decided that will exempt profits made by crypto trading from being taxed.
The Ethereum Wallet extension has been found injecting malicious code on several other crypto-related website while stealing users’ privacy information and sending it to third-party websites.
The blockchain ETF by Penghua Fund will track the performance of 50 blockchain-related stocks listed on the Shenzhen Stock exchange.
The Russian central bank is experimenting this stablecoin under the country’s regulatory sandbox program. Bank of Russia is also conducting some preliminary tests understanding the impact of CBDC on country’s financial stability.
Recent reports indicate that the Bank of South Korea has released a task force, in charge of studying the feasibility of a national digital currency.
Jeffrey Tucker said that Ripple’s XRP addresses the concerns of modern banking and thrives on the failures of traditional banking systems like SWIFT.
Here’s a look into Bitcoin’s journey for 2019 and what we can expect for the next year 2020.
With the new digital currency research group, the internet giant plans to accelerate its work on different cryptocurrency and blockchain projects in the country.
Bitcoin price has surged above $7500 as open interest for the Bakkt’s Bitcoin Futures reaches all-time high.
ErisX Bitcoin futures will allow its platform customers to trade in both - daily and monthly futures contracts.
Sweden’s central bank announces that it will sign a partnership with Accenture, for the development of the e-krona CBDC.
With a strong backing from President Xi Jinping, China’s prepares itself to be a world leader in the blockchain space and dominate the next industrial revolution.
ING said that it sees growing opportunities for digital assets and digital asset backed security tokens. Thus, it is working on developing safe storage solutions.
Two top banks in China namely Bank of China and China Construction Bank announced blockchain-based bond-issuance system and refactoring platform respectively.
The South Korean Ministry of Economy and Finance has said that it will push this measure to reflect in the tax regulations for next year.
Loeffler has served as Bakkt executive since the platform’s announcement in 2018. She has been instrumental in the launch of Bakkt Bitcoin Futures contract.
A new law will enable German banks to sell cryptocurrency to customers, but also to store digital currency on their behalf.
Indian Minister for Electronics and IT states that India is now working on developing a national blockchain strategy.
Russia’s central bank said that cryptocurrencies offer significant risks to investors and are very volatile in nature. Thus, they refuse to recognize them as legal tender.