Cryptocurrency

Coinbase CEO Brian Armstrong goes against his own “no-politics” stance.

Less than a month after Brian Armstrong declared Coinbase should "be laser-focused on achieving its mission," he seemingly violated his own policy by tweeting a political post riddled with misleading information that too during business hours. In an Oct....

Chinese consumers spend 8.8 million in digital yuan during the first week of trial.

Consumers in China have spent over 8.8 million yuan in the first week of trials held to test the feasibility of China's central bank digital currency. This was one of the largest trials of its kind to be conducted...

China’s former IT vice-minister believes blockchain technology is still young.

China's former vice-minister for Science and Technology and a well-known digital economics expert, Wu Zhongze, believes that blockchain technology is still quite young. During an interview with The Paper, the former Chinese minister also stated that there was still "not much difference...

Nigerian lawmakers draft a blockchain and cryptocurrency adoption roadmap.

The Nigerian government is looking to digitize the country’s economy and view blockchain as the technology to build its future on. Titled ‘National Blockchain Adoption Strategy,’ the roadmap breaks down how blockchain has changed the trust paradigm, its adoption...

The central bank of New Zealand has no plans for CBDC.

The assistant governor of the Reserve Bank of New Zealand, Christian Hawkesby, said in his speech earlier this week that the country was not ready to consider developing and launching a CBDC of its own. In his speech, the assistant...

US Anti-Money Laundering watchdogs seek info on all international crypto transactions above $250.

According to a notice of proposed rulemaking published on Friday, the US agencies want to lower the $3,000 threshold established in 1995 to $250 for international transactions, meaning that financial institutions would need to exchange client information alongside all crypto...

Canadian messaging platform Kik and the US SEC propose a $5 million deal to end the ICO feud.

The U.S. Securities and Exchange Commission (SEC) and messaging platform Kik Interactive Inc. have proposed a deal that will end their legal battles over an unregistered 2017 initial coin offering (ICO). In its proposed judgment, the Canadian company will...

A senior BOJ official says the digital yen needs public support for it to become a reality.

According to the Bloomberg report, a senior Bank of Japan's official said that there is no final decision has been made yet even after the announcement of testing to start next year. The official revealed that a lot depends...

Russian public officials are now required to declare their crypto holdings as income.

Russia's prosecutor general Igor Krasnov declared that all civil servants would be required to declare their cryptocurrencies on an equal basis with other assets starting next year. Krasnov said this while speaking at a corruption meeting involving 15 other prosecutor generals from the...

A ransomware attack targets the government systems of Georgia’s Hall County.

Local officials released few details regarding the Oct. 7 ransomware attack, stating that "critical systems within the Hall County Government networks" had been affected. Today, CNN reported that the incident "may be the first ransomware attack to hit election infrastructure this...

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Binance CEO denies allegations of circumventing US regulations.

Earlier this week Forbes reported that it obtained a leaked "Tai Chi" document outlining the company's plans to circumvent...
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