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Monday, March 30, 2020

Alibaba’s Koala Introduces Blockchain to Help Buyers Track Origin of Goods

Koala, an e-commerce platform owned by Alibaba, has announced that the introduction of Ant Financial's blockchain technology will upgrade the goods tracking system on...

Global Markets Panic as Bitcoin Falls Below $6,000

Global stock markets were dragged down by novel coronavirus pneumonia (COVID-19), triggering a market downfall and the cryptocurrency market was also affected. Bitcoin plummeted by...

Bank of Japan Deputy Governor Says Advanced Countries Do Not Need to Apply Central...

Central bank digital currency (CBDC) has become one of the hot topics in the past six months. Many central banks have indicated that they...

South Korea Passes Cryptocurrency Industry Into Regulatory Law

South Korea passed the cryptocurrency industry into the regulatory regulations yesterday, requiring relevant service providers to comply with local anti-money laundering and anti-terrorist financing...

India’s Cryptocurrency Exchange Ban Lifted, Supreme Court Allows Banks to Provide Services

In 2018, the Bank of India banned local banks from providing services to cryptocurrency exchanges, but a number of exchanges filed a lawsuit against...

Facebook Considers Redesign of Libra, Expects Green Light From Global Regulators

Facebook initially decided to make the cryptocurrency Libra available in the first quarter of this year. However, since the announcement of the plan, it...

Bank for International Settlement Issues Quarterly Report That CBDC is Currently Not Attractive to...

Many central banks are actively studying the field of central bank digital currency (CBDC), hoping to understand the benefits and risks of new technologies...

Dutch Security Token Platform Plans to Tokenize More Than 1,000 SME Stocks

Security tokens have been advocated by the industry to tokenize different assets, thereby increasing asset liquidity. Dutch securities token platform Dusk Network announced yesterday that...

Cryptocurrency Brokerage Platform Tagomi to Join Libra Committee

Facebook's cryptocurrency Libra, its committee once again welcomes new members, and the cryptocurrency brokerage platform Tagomi will become the 22nd member. It is understood that...

South Korean Tax Experts Suggest Government Tax on Cryptocurrency Transactions

The size of the cryptocurrency market is gradually expanding. Many countries are studying taxation on related transactions and the South Korean government is reportedly...