The first cryptocurrency fund was started by Venture Smart Asia, Hong Kong legalized one. It’s objective in the first year is near about $100 million, beneficiary offered by an authorized window for institutional investors in Bitcoin. The Hong Kong asset…
Chinese people are crazy about digital currencies experiment, by the bank of China, underhanded. Recently the bank shared details officially about the upcoming digital Yuan and how it would outcome. On April 19, a bank official on the China central…
South Africa’s financial regulators mentioned cryptocurrency “remain without legal tender status” in a Tuesday instructions guidelines for what would become the country’s first absolute crypto laws. South Africa’s “Intergovernmental Fintech Working Group” (IFWG), the manifesto suggests, the expansion of crypto-asset…
Bitcoin mining has often been blamed for its expensive power usage, broadcaster Marry Bent has strained a solution that he says, in fact, lessens waste in the oil and gas (O&G) sector. Blog Post on April 15, Bent revised that…
Screenshots of a purported pilot version of a wallet app for China’s forthcoming digital yuan are distributed on social media. April 14, Ling Zhang, executive director of M&A, Global Fiat at cryptocurrency exchange Binance shared the images of the testing…
Visa uplifts Bitcoin 2017, gave Bitcoin a huge platform and boosted its strategy. In a way that Bitcoin got its extraordinary fame. U.S credit card giant Visa uplifted and noted Bitcoin for it’s a chore. San Francisco-based Fold, an app…
Azimo, Digital money transfer service, combined with one of the oldest banks in Thailand, Siam Commercial Bank (SCB), in order to inaugurate an instant cross-border payments service from Europe to Thailand via Ripple’s global payments network, RippleNet. April 9 allegations…
Government Authority Officer’s in Japan agreed and were also concerned about the present Taxation System they are following for Digital Assets. As stated as this method of taxation is not yet eligible to accept declarations of Digital Asset, potentially moving…
Japan is going to change its policy for Cryptocurrencies by new regulations next month in May. Japanese House of Representatives passed two laws last year to regulate Crypto in Japan. These two Acts are PSA (The Payment Services Act) and FIEA…
Instant Glance For a testing digital currency, the Bank of Korea has inaugurated a pilot program In order to check technical and legal requirements, the program is expected to run till December 2021 Particularly, the Bank of Korea reported, “it is…
Qucik Takeaways COVID-19 could be transmitted by cash Looking ahead developments could speed up the shift toward digital payments The Bank of International Settlements (BIS) accepted the fact that COVID-19 can be transmitted via cash, it is a need to use…
Global market situations have drastically changed due to COVID-19.Industries and markets are locked down, Share markets falling down. In such a situation Gold seems to be a good and safe investment portfolio. Against any situation or in crises Gold can…