Bank of Korea (BOK) said it doesn’t currently have immediate plans to launch a digital currency and sees the adoption of something like it difficult…
Posts published in December 2019
COI Blockchain Foundation, NewStar Tie to Disrupt Streaming Industry
COI Blockchain Foundation, a subsidiary of China Ocean Heavy Industry, on Wednesday, announced its strategic partnership with Singapore Flamingo Foundation Pte, specifically for its streaming…
Somali Central Bank Closes Accounts Related to FX Brokers
Commercial banks in Somalia were ordered by the central bank to shut down an undisclosed number of forex-related accounts without explanation. Local media outlets claim…
Paraguay to Audit Crypto Firms, Aims to Bring Regulations in H1 2020
In an attempt to regulate the crypto industry, has decided to audit the books of the companies doing business in the sector. Reported by Coindesk…
Uzbekistan Bans Crypto Purchasing, Allows Selling of Holdings
The government of Uzbekistan has recently decided to by the residents of the country. The decision was abrupt and surprising as the authorities of the…
DeFi Saw Massive Growth in 2019: Will it Continue Through 2020?
After a year of massive growth, DeFi, or “decentralized finance”, has become one of the most important sectors of the cryptocurrency industry. The term refers…
Shenzhen Stock Exchange Adds Index Tracking 50 Blockchain Firms
As blockchain companies are gaining steam, the Shenzhen Stock Exchange (SZSE) has released a new index tracking the performance of 50 companies working in the…
When Two UK Brokers Go Bust in One Month, Whose Fault is That?
Recent broker failures in the UK have called many established concepts into question, including that these investment platforms are adequately secured to prevent customer funds…
Hedera Hashgraph Delays Token Distribution Amid Price Plunge
Blockchain company Hedera Hashgraph has urged the investors of its tokens to wait longer for the delivery as the price of the tokens plunged significantly.…
How To Overcome a Financial Crisis as a New Entrepreneur
Few things in life can be as rewarding as starting your own business. The feelings of ownership and responsibility that come with such an important…