Former Bank of China President says digital Yuan can replace cash

Former Bank of China President, Li Lihui, has revealed the launch of the digital yuan is imminent, and that the currency can replace cash if four key conditions are ... Read More
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EU is gearing up for Union wide regulation for crypto assets

The European Union posits that ICOs and crypto assets present substantial risks. Hence the European Securities and Markets Authority (ESMA) is looking to establish an EU-wide regulation. The EU ... Read More
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HSBC settles $250 billion on blockchain

According to a press release sent by HSBC Bank to the Financial Times and published in the newspaper on 15th of January, it settles $250 billion of Forex trades on ... Read More

Between 600K and 800K bitcoin miners shut down since mid November

Between 600,000 and 800,000 bitcoin miners have shut down since mid-November amid declines in price and hashrate across the network, according to the third-largest mining pool. In an interview ... Read More
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The formation of the Digital Currency Trade Association announced

The Digital Currency Trade Association (DCTA) has launched a membership trade association focused on the new digital asset economy. The DCTA is organized as a “business association” under IRS ... Read More

Bitcoin turns 10 — how it went from an abstract idea to a $100 billion market in a decade

Ten years ago, as Lehman Brothers was declaring bankruptcy and the global economy was lurching into recession, the idea for an alternative currency was being quietly built online. Bitcoin ... Read More

Fintech funding in Asia surged to US$16.8 billion; Global fintech investment hit US$57.9B

Fintech funding in Asia surged to US$16.8 billion across 162 deals in the first half of 2018 powered by a massive US$14 billion Series C VC funding round by ... Read More
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Popular Chinese internet forum launching its own crypto token

In order to regain its steadily declining user base, Tianya Club, one of the oldest social networking platform has resorted to cryptocurrency by launching its own token called Tianyan ... Read More
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The crypto-currencies that die before they have bloomed

It has been the biggest craze in investment of the last two years – the idea that creating your own crypto-currency through an Initial Coin Offering (ICO) is the ... Read More
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Associations challenging crypto Ads ban to proceed with lawsuit

Facebook’s recent decision to partially lift the ban on crypto ads will not stop a planned legal action against the measure. Crypto associations and businesses from several countries announced ... Read More
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