Adoption

California named as the “most crypto-ready” state in the US

California named as the “most crypto-ready” state in the US

According to new industry research from the review site Crypto Head. California has emerged as the most crypto-ready jurisdiction in the United States. Thanks to the proliferation of cryptocurrency ATMs and growing interest in digital assets among the state’s population. California won the crypto-ready index with a score of 5.72 out of ten, beating out […]

IMF

Making Bitcoin a national currency, according to the IMF, is a “inadvisable shortcut”

The International Monetary Fund (IMF) has issued a new warning as El Salvador prepares to make bitcoin (BTC) legal tender in September. The move is “an inadvisable shortcut,” according to the IMF. While governments must “step up” to provide the benefits offered by the technology underlying cryptoassets. As well as leverage new, digital forms of […]

Beijing Says Blockchain Adoption Is Already Yielding Tangible Results

Beijing Says Blockchain Adoption Is Already Yielding Tangible Results

China’s blockchain kick is starting to leave a noticeable mark on the nation’s capital. With the Beijing government reportedly deploying blockchain technology in 140 different usage cases. According to the Beijing News report, blockchain-powered alternatives helped to eliminate paper-based processes in 253 scenarios involving businesses and 65 issues involving regular citizens. The news item quotes […]

China Launches Blockchain-Based Internet Court in Hangzhou

Report: China Sees 37% Drop in Blockchain Salaries in FY 2019

Though blockchain sills have been rising in the global market, some countries like China have seen reduced salaries offered to blockchain professionals in FY 2019. The new report released with the title “2020 China Blockchain Professional Development Report” says. Per the report, the average salary offered to any blockchain industry employee in China has dropped […]

Blockchain system to track individuals not infected with high-risk viruses

Blockchain System to Track Individuals without any Virus Infection

Public Health Blockchain Consortium (PHBC) based in Netherland announces the release of a blockchain-based system that can track individuals without any infections from high-risk viruses like COVID-19. The motive behind the development is crystal clear which is to help healthy people stay away from potentially life-threatening diseases. The PHBC announced the release on March 19. […]

Bitcoin Trading in Italy

Italy’s Bank ‘Banco Sella’ Allows Bitcoin Trading Service during COVID-19 Lockdown

The growing interest of crypto adoption and the COVID-19 outbreak encourages Italy’s popular bank ‘Banco Sella’ to launch a Bitcoin trading service in the country. Crypto traders can use the bank’s Hype platform to initiate their crypto trading. The bank will only act as an intermediate to mitigate potential security risks with cryptocurrency exchanges. While […]

Blockchain Development Across South Korea

South Korean Government to Grant $3.2M to Blockchain Companies

Two South Korean ministries have announced their support for the blockchain industry in the country with plans to allocate up to $3.2 million in funding to local startups to encourage the use of such technology. The Ministry of Science and ICT (Information and Communications Technology) and the Ministry of Information and Communication Industry Promotion will […]

Opera Browser enables Apple Pay and Debit Card Crypto Purchases in US

Opera Browser Enables Apple Pay & Debit Card Crypto Purchases in US

Opera’s mobile and desktop browsers are expanding cryptocurrency purchases to U.S. users, as the Norwegian company looks to continue building its Web 3.0 credentials. Through a partnership with Wyre, a U.S. licensed money transmitter in the cryptocurrency sector, Opera will enable U.S. based customers to buy Bitcoin and Ether directly from the browser’s crypto wallet. […]

Zimbabwe returns to crypto

Zimbabwe Returns to Crypto as Reserve Bank Proposes Regulatory Sandbox

The Reserve Bank of Zimbabwe (RBZ) is reportedly developing a regulatory sandbox for cryptocurrency companies in the country. The news was reported on March 16 by the local newspaper Chronicle, citing a representative from the bank speaking at a conference on March 13. Chronicle reports that RBZ’s deputy director for financial markets and national payment […]