A patent application filed by Ford describes a Cooperatively Managed Merge and Pass (CMMP) system that would allow drivers needing to travel quickly to use less congested lanes, and travel more freely, by paying other drivers in cryptocurrency. Other road users would move to slower moving lanes and allow a paying driver to merge or […]

In a strategy to protect the value its own currency against cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP), the Chinese Central bank has indicated plans of developing its own government regulated digital currency. The announcement was made on the website belonging to the Central bank of the People’s Republic of China. In it, it says […]

The creation of a Chinese “International Blockchain Investment Development Center” announced earlier this month has been cancelled due to the legal technicalities of setting up branch offices, according to a document published on the Investment Association of China’s (IAC) website yesterday, March 27. The document, stamped March 23, writes that social organizations cannot “set up […]

The global social media platform Twitter has announced today that it will no longer allow advertising for certain cryptocurrency products and services. The news follows similar moves from other internet giants Google and Facebook. The hope is that such bans will help to protect vulnerable investors from deceptive campaigns by fraudulent companies. Google, Facebook, Now […]

The Hong Kong Stock Exchange (HKEX) is tapping into the expertise of the Australian Securities Exchange (ASX) in implementing blockchain technology for core processes. After two years of rigorous testing, the Australian Securities Exchange became the world’s first major exchange operator to turn to blockchain technology for its post-trade settlement process, a core feature, in December. […]

Celsius, a community-based borrowing and lending platform, aims to put members’ interests as the priority instead of profits. They are creating new financial products with the aim of achieving this goal. In the current financial world, banks and other money lending institutions charge far more in loan interest than they return to customers in deposit […]

A blockchain is an open, decentralized, and a digitized record of all the cryptographic money exchanges. Initially, blockchain was created as the bookkeeping strategy for Bitcoin (BTC) (cryptographic money). It utilizes an innovation known as DLT (distributed ledger technology), meaning it is scattered between an infinite number of computers that have precisely the same copy of the […]

Within the blockchain community, there is a clear consensus that this cryptographic technology will change the world. This article and the two pieces that follow in the series, will explore the opportunities, the challenges and the current projects in the space focused on creating a social impact. Blockchain is the technology that underlies Bitcoin and […]

NEW DELHI: Tech giant Google has announced that as per its upcoming Financial services policy, it will prohibit advertisements promoting any kind of cryptocurrencies. The company in an official note stated that the new policy will contain measures to restrict the advertisement of Contracts for Difference, rolling spot foreign exchange (ForEx) and financial spread betting. […]

WASHINGTON (Reuters) – Governments and central banks need to collaborate on developing regulations for crypto-assets to prevent them from becoming a new vehicle for money laundering and terrorist financing, International Monetary Fund Managing Director Christine Lagarde said on Wednesday. In a blog posting ahead of a meeting of Group of 20 finance leaders next week, […]