When fictional entrepreneur Richard Hendricks from HBO’s Silicon Valley was prompted to elaborate on what he would build if given unlimited time and resources, his answer practically sparked countless Reddit discussions about its possibility in the real world. We could build a completely decentralized version of our current internet, with no firewalls, no tolls, no […]

In my previous article, Blockchain’s Broken Promises, I skipped the tech jargon and the details in order to be understood by a wider audience. But it is a long read. For people who understand tech, the article can be much shorter: A fully trust-less blockchain can not scale to replace e-banking There are no truly […]

By Laura Desmond In this series we look past 2020 to what the future holds for cryptocurrency beyond speculation to the original ethos of crypto and the cypherpunk movement — to redesign our economic, social and political structures . We also explore how we could finally decouple the dual role of store of value from medium of exchange […]

Money won’t last forever — that is guaranteed It didn’t exist when exchange evolved to become a feature of humanities first economic system, nor will it persist when there is no advantage to using it. That time is approaching far quicker than traditionalists care to admit. The reality is that our evolution to a largely cashless society […]

Indonesia’s commodity futures regulator has established a legal framework for operating cryptoand digital assets futures markets, according to an official press release published on Feb. 18. The Indonesian Commodity Futures Trading Supervisory Agency (Bappebti), which operates under Indonesia’s Ministry of Trade, has officially required multiple entities involved in crypto futures trading to seek regulatory approval […]

Engineers at the lender have created the “JPM Coin,” a digital token that will be used to instantly settle transactions between clients of its wholesale payments business. Only a tiny fraction of payments will initially be transmitted using the cryptocurrency, but the trial represents the first real-world use of a digital coin by a major […]

Venture capital (VC) valuations have been deeply affected by the cryptocurrency bear market, sais Jalak Jobanputra, founding partner of Future Perfect Ventures. Jobanputra commented on the current state of venture capital in the crypto space in an interview with Fortunes’ Balancing the Ledger on Feb. 11. When asked whether there is a trend of discounted […]

Mauritius will soon license digital asset custodians as part of its plan to create a fintech hub “in and for” Africa. In an announcement Friday, the island nation’s Financial Services Commission (FSC) said that, after publishing draft rules in a consultation paper in November 2018, the framework has now been finalized and will come into effect on […]

United States cryptocurrency exchange and wallet Coinbase has added Bitcoin (BTC) to its Coinbase Wallet app, according to an announcement published Tuesday, Feb. 5. In August 2018, Coinbase had announced that Toshi, the open source decentralized app browser and wallet developed by Coinbase, will rebrand to become Coinbase Wallet. As explained by the crypto exchange, […]

Venezuela’s new crypto bill, which establishes а legal framework for the industry, officially came into force on Jan. 31. The decree was published in the government’s official media outlet, Gaceta Oficial. The set of rules for miners, crypto entrepreneurs and regular traders was initially approved by Constituent National Assembly — an alternative to the country’s […]