Crypto News

OKEx withdrawals remain suspended as OKB token plunges 22%.

OKEx customers still cannot take out their funds after the cryptocurrency exchange suspended indefinitely its users' ability to withdraw last Friday after a police investigation in China. The markets reacted to this news with a slight drop in Bitcoin...

Over 47,000 consumers in Shenzhen spent 8.8 million yuan in the largest trial Chinese CBDC.

The largest test of Chinese CBDC ended with 8.8 million yuan (US$1.3 million) being spent in over 62,000 transactions during the week-long trial in Shenzhen. According to the South China Morning Post report, the Shenzhen government confirmed 47,573 people...

The US DoJ reveals drug cartels used Tether to bribe government officials.

An international drug cartel used cryptocurrency Tether to bribe public officials in Virginia, the U.S. Department of Justice has revealed. The DoJ also revealed some of the suspects' intricate methods to distribute drugs and launder money for over a...

New York’s financial services regulator launches digitized financial reporting for crypto firms.

The New York Department of Financial Services (NYDFS) announced the techsprint in a press release, describing it as an initiative by regulators and industry stakeholders to work towards a common goal of digital regulatory reporting. The financial regulator noted...

The Swiss government plans to enforce new blockchain laws in less than a year.

The consultation on blockchain laws will happen among cantons, parties, and other interested groups in this space. It is scheduled to continue for more than three months, ending on Feb. 2, 2021. This is a part of the Swiss...

The Bank of Canada is looking to hire an economist with an in-depth understanding of crypto.

The central bank of Canada is making the next in a series of moves that will eventually lead to the creation of its own digital currency — or at least, that is what the crypto industry is assuming right...

Chainalysis records a 65% increase in the number of customers.

Blockchain analytical company Chainalysis has recorded growth in 2020, with the New York-based firm recording a 65% increase in the number of customers. The growth has been fueled by an increase in demand from public sector agencies as more...

The Reverse Bank of NewZealand is looking deeply into retail CBDCs.

The Reserve Bank of New Zealand is open to digital currencies. However, the Assistant Governor, Christian Hawkesby, said that there are no imminent plans to issuance a central band digital currency (CBDC). Talking at the Royal Numismatic Society of...

OKEx sees a massive bitcoin deposit after the exchange froze withdrawals.

The crypto exchange giant OKEx announced to freeze all withdrawals, for the time being, meaning that all of the money that enters the exchange will be stuck there until further notice. Despite this, however, someone decided to transfer $22...

Bank of Japan official is not concerned about Chinese CBDC potential dominance.

According to the Japan Today report, no single digital currency will dominate global transactions if central banks strive to enhance their own settlement systems, a senior Bank of Japan official (BoJ) said, brushing aside fears China's rapid progress on...

Latest News

Payment giant PayPal plans to acquire bitcoin custody platform BitGo.

PayPal is in talks with some major cryptocurrency companies, including Bitcoin custody provider BitGo which, once completed, could expand...
Enable Notifications    Ok No thanks