One of the Chinese officials said that the country’s central bank is planning to launch a cryptocurrency. According to a report, Huang Qifan, vice chairman of China Center for International Economic Exchanges (CCIEE), stated that China’s central bank will win the race for the first central bank digital currency (CBDC). Qifan shared …
Jack Dorsey, CEO of Twitter said that the social media giant will never join Facebook’s cryptocurrency Libra. While asked about the potentials of joining the Facebook cryptocurrency payment scheme, the CEO replied “Hell no”. According to him, Libra is not based on an open standard rather than born on the …
One of the Russian scientists and former employees at the nation’s premier nuclear research facility was jailed for secretly mining Bitcoin using the facility’s supercomputers. According to a report, Andrey Rybkin a former employee was sentenced to 3 years and three months in prison. He was arrested for the “unauthorized use …
Tencent, the payment service’s parent company recently admitted in a recent blockchain whitepaper that Libra stablecoin would be a serious threat to WeChat Pay. According to the report by EjinSight, in the document, Tencent acknowledges that international expansion of Chinese mobile payments offerings would be threatened if Libra launched. Tencent mentioned: “It’s …
SoftBank is planning to partner with IBM to build cross-carrier blockchain solutions, through focusing technologies that will allow smartphone users to make local payments when traveling overseas and roaming. An announcement said SoftBank said it is co-operating with IBM as well as blockchain startup TBCASoft that builds cross-carrier blockchain networks in order …
Ralph Hamers, CEO ING said that Banks might stop working with Facebook if it launches its Libra stablecoin. According to the report, the CEO explained that institutions like ING have to guard the financial system to prevent criminal activity due to its concerns over Libra’s potential for illegal use may result …
According to the announcement made by the Opera Browser, its users can now process Bitcoin payments as it has added bitcoin e-commerce and TRON integration to its Android app. The new crypto update will allow Opera android users to make bitcoin payments directly from its built-in digital wallet. Users can …
Nirmala Sitharaman, India Finance Minister said that like many countries, India is also showing a high degree of caution regarding Facebook’s Libra. During an Annual Meetings of the International Monetary Fund and the World Bank in Washington, D.C. that included a discussion of the Libra project, Sitharaman expressed her views on allowing …
The University of Malta has introduced a master’s degree in blockchain and Distributed Ledger Technology (DLT) for its students. According to the report about 35 students have already enrolled in the course. Joshua Ellul, director of the master’s program and chairman of Malta Digital Innovation Authority, said during Malta’s DELTA Summit on …
Jamie Dimon, CEO of JPMorgan Chase said that Facebook’s cryptocurrency Libra is “a neat idea that will never happen”. According to BNN Bloomberg’s report, during a speech at the Institute of International Finance conference on Friday, the CEO stated that the idea behind Libra is not unique. He also turned his …
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