CFTC chairman Heath Tarbert answers some of the hard-hitting questions around Bitcoin, cryptocurrency, and its’ on-going regulations in the US. The CNBC interview covers various aspects related to cryptocurrencies, like clarity on securitization and Libra. Escape Velocity for Bitcoin and cryptocurrencies The cryptocurrency markets have independently grown to about $220 billion. Moreover, the decentralization many of […]

A Chinese fintech consortium launches a $1 billion dollar fund to accelerate efforts in investment and development of a fully digitized bank. The fund, initiated by Shenzhen Hande Financial Technology Holdings Co., Ltd (HDFH), Yillion Bank and Zhongguancun Private Equity & Venture Capital Association (ZVCA) in partnership with both domestic and international investors will integrate […]

A new report from the U.S based, data analysis firm, International Data Corporation (IDC) forecasts a 67% CAGR in China’s blockchain technology industry from 2018 to 2023. 60% CAGR in the Global Blockchain Industry China’s affinity to blockchain is clear to see as the government, private sector and regulatory authorities all working towards mass adoption […]

The most prominent and influential state-run news agency in China, Xinhua (‘New China’), just published an article on Bitcoin and blockchain. The title of the article, Bitcoin: The First Successful Application of Blockchain, looks positive. However, when one goes through the material, it leaves a bitter after taste. Xinhua article on Bitcoin: The First Successful […]

Blockchain jobs growth vs Bitcoin’s price growth Leading jobs and companies in blockchain-related jobs According to data sourced from Indeed.com, blockchain-related jobs have seen a spike of over 1400% in the past four years aligning with the exponential growth experienced in the price of Bitcoin. Traditional companies lead the way in job openings for blockchain […]

In a recent development, U.S. Customs and Border Protection, a federal agency of the Department of Homeland Security will now be tracking oil and natural gas imports from Canada with blockchain technology. Funds Worth $182,700 Have Been Allocated For the same, the department’s research and development unit, the Science and Technology Directorate has allocated funds worth […]

A World Bank report ranks Malta, the aforementioned pro-blockchain country, lowest in the European Union, in ease of doing business. The World Bank Doing Business 2020 report focuses on key industries in the country including blockchain. Malta ranks lowest across the EU – World Bank Malta as the most difficult country to do business in […]

Ripple’s much-awaited conference, Swell has kick-started enthralling famous personalities from the blockchain, crypto and finance arena. Dr. Raghuram Rajan, 23rd Governor of the Reserve Bank of India and Chief Economist of the International Monetary Fund lauded Blockchain technology and said that it will be beneficial in reducing transaction costs and will also accelerate the growth […]

A blockchain that claims to solve the problems of Bitcoin and Ethereum, by allowing users to enjoy scalability features without sacrificing their network securities, raised $72 million USD in an October token sale to major firms including Polychain Capital and China Merchants Bank International (CMBI) and Hashkey Capital. Nervos Network, a blockchain-based firm aiming to […]

Telecom Regulatory Authority of India (TRAI) previous year issued a new draft guideline that prompted mobile operators to invest in blockchain. The step was taken to curb the menace of unwanted SMSs from marketing companies. A recent tweet by Paytym founder Vijay Shekhar has confirmed that TRAI is ready with its Distributed Ledger Technology (DLT) […]