HSBC, one of the leading banks in the world, has joined the cross- currency swaps service of CLS, a financial market infrastructure delivering settlement, processing, and data solutions across the global FX ecosystem, and IHS Markit, a world leader in critical information, analytics, and solutions. According to an official announcement, […]

Ethereum network continues to record increasing support as launch draws nearer with each passing day. The network has now successfully crossed 200,000 validators meaning there are now over 200,000 validator nodes running ahead of the ETH 2.0 launch and counting. The amount of staked ETH now stands at over 6.6 […]

The South Korean government has proposed an amendment to the tax code to allow the country’s tax authority to seize and sell cryptocurrencies belonging to delinquent taxpayers. “The revision will allow direct seizing without court-approved change in ownership records. Assets held by tax dodgers in the form of digital coins […]

Cryptocurrency mining operator, Genesis Digital Assets announced today that it has secured $125 million in funding to accelerate the company’s expansion. The recent funding round came from Kingsway Capital, a London-based private equity firm. In an official press release, Genesis Digital Assets mentioned that the company is planning to use the […]

28th July 2021, St Kitts & Nevis – Bitcoin.com Founder Roger Ver announced today he has made a donation of 1,000 ASUS laptops and 1,000 copies of Henry Hazlitt’s Economics in One Lesson to support the education of students in Antigua. The computers were purchased with Bitcoin Cash through BitoPro, […]

“Bitcoin is a computational commodity,” John Pitts stated during his panel discussion on micro and nano payments at CoinGeek Zurich. Pitts, who is the founder of SLictionary, joined CoinGeek Backstage on the sidelines of the event to discuss why the data aspect of Bitcoin may be its most valuable asset […]

International payments giant Mastercard continues focusing on the digital asset industry by welcoming a batch of major cryptocurrency startups in its fintech accelerator. The company announced Tuesday a new startup engagement program as part of Mastercard Start Path, an accelerator program for fintech startups, aiming to support companies working with […]

Fintech companies and businesses which deploy technology to offer financial services to their users, are now using robo-advisors, adopting apps and other tools intended to help customers develop budgets, creating more effective payment processing programs while using sophisticated technologies. Some of the technologies being used in the financial technology sector […]

The Pacific island nation just became the latest jurisdiction to officially enter the global market for digital assets. The words ‘digital asset’ were used for the very first time by Vanuatu lawmakers in an amendment to the Financial Dealers Licensing Act that was gazetted on July 22. They define it […]