Category: News
South Korea To Give Its Stance On ICO Next Month
The South Korean government has said it will give its stance on ICO in November after the conclusion of a study being undertaken by the Financial Supervisory Service. The survey sent out to blockchain companies in the country requires them to provide some information the government hopes to use to make a final decision. ICOs […]
India Looking Into State-Backed Cryptocurrency
A panel created under the Ministry of Finance in India, whose main aim was to come up with a regulatory framework applicable to Cryptocurrencies like Bitcoin, has been said to be in the process of recommending for a government-backed Cryptocurrency instead. Government To Develop Own Blockchain Network According to a Quarts report, a senior official […]
Coinbase Positive On Obtaining Japan License In 2019
A senior executive at Coinbase has stated that he has confidence the firm will be receiving an operating license from Japan in 2019. This statement comes at a time when the regulating bodies in Japan are boosting up scrutiny and oversight of Crypto exchanges in the country. Coinbase Expectant Of A License In 2019 Mike Lempres […]
Venezuelans To Use Petro For Registering And Extending Passports
As of the beginning of next week, the citizens of Venezuela will be required to pay for the passport fees by using the Petro which is the Crypto coin backed by the national government and which has been said to be backed by the nation’s oil reserves among a selection of other natural resources. Higher […]
Management; Bitfinex Is Not Collapsing
Recent media reports have emerged stating that Bitfinex is about to collapse. The Crypto exchange based in Hong Kong has moved to refute the rumors and to assure Crypto traders and investors that the company in on a good financial standing. The Rumors Started A Year Ago Misreporting about the collapse of Bitfinex started towards […]
Blackberry Develops Blockchain Based Data Sharing Platform
BlackBerry Limited, the tech company that is popularly known for the BlackBerry phone, has announced that it has come up with a better way in which health care providers could share information amongst them using Blockchain technology and in this way improve the outcome for patients. A Solution For Healthcare Industry Greatest Challenge According to […]
Argentina Turns To Cryptocurrencies Due To High Inflation
The demand for Cryptocurrencies in Argentina is increasing in the wake of the high inflations rates. The local currency, Argentinian Peso is losing its value against the USD at a high rate. American Cryptocurrency ATM firms, Athena Bitcoin and Odyssey Group are already targeting the country with plans to install more ATM. They are also […]
Coinbase Will Attain $8 Billion Valuation After Hedge Fund Investment
Coinbase will attain $8 billion valuation after a U.K hedge fund, Tiger Global that usually invests in multinational consumer brands, invests $500 million in the startup. The hedge fund is currently considering doing this which will significantly boost the crypto market’s credibility. This information was provided to Record. Once the investment is completed, Coinbase will become […]
Cryptocurrency Exchanges In Brazil Get Questionnaires From The Regulator
Brazil’s Administrative Council for Economic Defense (CADE) has sent a questionnaire to the 10 Cryptocurrency exchanges in the country and an OTC trading desk. Portal do Bitcoin, a local news outlet has said the exchanges have up to October 19 to fill the questionnaire or face a fine of up to $25,000. The Cryptocurrency exchanges […]
Beijing Sci-Tech Report To Accept Bitcoin For Subscription From 2019
China’s oldest technology publication, the BSTR (Beijing Sci-Tech Report) has announced that that it will soon be accepting Bitcoin through its platform. As of next year, 2019, BSTR will be offering its yearly subscription at a crypto price of 0.01 BTC which is equivalent to $65. The Ban On Crypto Sector In China In its […]