Sweden Government decides to accelerate efforts to develop central bank backed digital currency, as it moves towards cashless society.
Coincheck has started accepting new account signups, nine months after suffering a major security breach. In addition to new account registrations, the exchange has also started accepting customer deposits. Traders can also purchase some digital currencies from the platform.
Hitachi will be leveraging its experience and expertise in artificial intelligence (AI) and big data analytics to introduce its native IoT platform “Lumada”, to the Indian payments sector.
NXMH acquires Bitstamp in an all cash transaction to take over 80% of Europe’s largest crypto exchange. Bitstamp to operate independently; the CEO to maintain his post and a 10% stake in the company. Bitstamp to expand in Asia.
The new upgrade drastically reduces the memory and hardware requirements while speeding up transactions.
At a conference held in Sydney, the Assistant Governor for the Reserve Bank of Australia stated she does not see the point in creating a central bank-backed digital currency.
Taiwan plans ICO regulation; to facilitate regulatory clarity in crypto space. The regulations will help to curb money laundering while supporting genuine ICOs.
A regulatory draft issued by the Chinese Cyberspace Administration, will require blockchain users to sign up with their IDs, and makes blockchain censoring possible.
In addition to storing crypto assets, Sony’s contactless hardware wallet can be used for other multi-purpose use cases.
The central banks said that CBDC can help them make quick interbank transfers across the globe.