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Bank of Korea to Test Distribution of Digital Currency Next Year

Bank of Korea to Test Distribution of Digital Currency Next Year

Posted by By Vince Saboti October 8, 2020Posted inBitcoin News
The central bank for South Korea will start a close cooperation with private Korean banks to test the challenges of issuing and distributing a national digital currency (commonly referred to as CBDC). This…
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Ripple Warns About Relocating Due to Hostile US Regulation

Ripple Warns About Relocating Due to Hostile US Regulation

Posted by By Vince Saboti October 8, 2020Posted inBitcoin News
The co-founder and leading executive of Ripple Labs, Chris Larsen, has stated that the company is looking for locations to potentially relocate its headquarters away from the US. The reason for this is…
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Bitcoin's Price Fell Below $10,600

Bitcoin’s Price Fell Below $10,600

Posted by By Vince Saboti October 7, 2020Posted inBitcoin News
The rate of the first cryptocurrency fell below $10,600. Analysts explained in which case a trend change would occur, and warned how low the value of the main digital coin could fall On…
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Russians Become More Active in Bitcoin Trading Amid the Second Wave of COVID-19

Russians Become More Active in Bitcoin Trading Amid the Second Wave of COVID-19

Posted by By Vince Saboti October 7, 2020Posted inBitcoin News
Representatives of platforms for working with digital money spoke about the growth in activity and registrations by users from Russia. The second wave of coronavirus in Russia will be more intense, said a…
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Thailand's Central Bank Issues $1.6 Billion Worth of Blockchain Saving Bonds

Thailand’s Central Bank Issues $1.6 Billion Worth of Blockchain Saving Bonds

Posted by By Vince Saboti October 6, 2020Posted inBitcoin News
The Central Bank of Thailand (BoT) has deployed a blockchain platform designed to issue government savings bonds based on IBM Cloud technology. Within fourteen days of the launch, the regulator sold more than…
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Each Member of the US Congress Will Receive $50 Worth of Bitcoins for Educational Purposes

Each Member of the US Congress Will Receive $50 Worth of Bitcoins for Educational Purposes

Posted by By Vince Saboti October 6, 2020Posted inBitcoin News
The Political Action Committee of the House of Digital Commerce (PAC) seeks a path to the hearts of members of the US Congress. To raise awareness of cryptocurrencies, it is planned to donate…
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Estonian Central Bank Will Explore Digital Currencies

Estonian Central Bank Will Explore Digital Currencies

Posted by By Vince Saboti October 5, 2020Posted inBitcoin News
Estonian Central Bank Eesti Pank issued a statement for the launch of research for the creation of a digital currency infrastructure. For this purpose, Eesti Pank started collaborating with the companies Guardtime and…
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NBA Top Shot Game Will be Launched on the Flow Blockchain

NBA Top Shot Game Will be Launched on the Flow Blockchain

Posted by By Vince Saboti October 5, 2020Posted inBitcoin News
Over the past two years, only a few blockchains have been able to become significant platforms for gaming. Despite its high price as of late, Ethereum remains the key blockchain for the blockchain…
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American Regulator Pledges to Protect Bitcoin Market from Fraudulent Schemes

American Regulator Pledges to Protect Bitcoin Market from Fraudulent Schemes

Posted by By Vince Saboti October 4, 2020Posted inBitcoin News
The Commodity Futures Trading Commission continues to push hard to protect US citizens from the cryptocurrency market. James McDonald, CFTC's Director of Enforcement, made the following announcement: “The CFTC will as ever work…
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The European Central Bank Takes the First Step Towards the Digital Euro

The European Central Bank Takes the First Step Towards the Digital Euro

Posted by By Vince Saboti October 4, 2020Posted inBitcoin News
The European Central Bank is beginning to explore a digital version of the euro and is starting public consultations on the implementation of this technology. Bloomberg reports. “It is our responsibility to build…
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