Former Canadian prime minister names Bitcoin as possible reserve currency

0
Stephen Harper, who served as prime minister of Canada for nine years, says there may be a place for Bitcoin and central bank digital currencies as part of a basket of reserve currencies to replace the dollar.In an interview...

South Korean telecom launches blockchain wallet for official documents

0
The South Korean telecom giant SK Telecom has announced it will issue its first digital wallet for blockchain-powered digital certificate storage and management with the approval of the Ministry of Public Administration and Security.According to NewsTomato, SK’s Wallet is...

South Korea fast tracks 20% tax on Bitcoin and crypto profits to 2022

0
South Korea will implement a 20% tax on Bitcoin (BTC) and cryptocurrency profits starting Jan. 1, 2022. The nation’s Ministry of Economy and Finance announced that profits made from both trading and holding cryptocurrencies will be subject to the...

Bitcoin is targeting $288K Stock-to-Flow price ‘like clockwork’ — PlanB

0
Bitcoin (BTC) is heading to $288,000 and higher “like clockwork” as fiat currency woes mount and European inflation goes negative.In a tweet on Sept. 1, PlanB, creator of the stock-to-flow (S2F) family of Bitcoin price models, said that BTC/USD...

Grayscale adds a ‘cool $300M’ in a day and $1B this week

0
Crypto fund manager Grayscale Investments has increased its assets under management (AUM) by $1 billion in the space of a week.According to an update posted to Grayscale’s Twitter account on Oct. 22, the investment firm currently has $7.3 billion...

China’s national blockchain project to support DAML smart contract language

0
The Blockchain Services Network (BSN), the largest blockchain infrastructure initiative in China, now has a unified smart contract programming language.Red Date Technology, a major tech company involved in the BSN's development, will add support for DAML — a smart...

Elrond up 20% in 24 hours as EGLD price triples in December — Can...

0
With Bitcoin (BTC) largely in the spotlight after hitting a new all-time high of nearly $24,000, other projects are starting to ride BTC's coattails as well. One of the latest standouts is Elrond (EGLD), which is up 20% over...

Shenzhen’s stock exchange is preparing to launch Blockchain-powered trades

0
Shenzhen’s stock exchange, one of the biggest exchanges in the Asia-Pacific region, announced that they have co-launched a blockchain solution for trading with unlisted private-sector companies. This new platform was created as part of the Beijing Regional Trading Center.The...

South Korea will use blockchain to prevent counterfeit vaccine passports

0
South Korea, which has begun its COVID-19 vaccine rollout for residents over 75 years of age, has revealed plans to use blockchain technology to certify forthcoming vaccine passports for immunized citizens. According to Reuters, Prime Minister Chung Sye-kyun told a...

Cat got your tongue? Bitcoin critics wither in 2020

0
Bitcoin (BTC) has had an interesting year, recovering from major sell-offs to eventually skyrocket to new all-time highs.However, Bitcoin's performance and cryptocurrencies increased adoption worldwide have still failed to bring some observers into the crypto camp. Yet compared to other...

Trending Post

Economist says El Salvador ‘on road to death’, salaries paid in...

0
Our Man in Shanghai has refused to let recent regulations slow down the news coming from China. Enterprise blockchain, central bank digital currencies and...