The government of the British Overseas Territory Gibraltar will be using blockchain to help with delivering public services, per a press release Tuesday (Dec. 7). The program plans to use blockchain tech to work on the interconnectivity between departments, organizations and people. It will be...
Seven altcoins have been doing better after being listed on Coinbase Pro, including five ethereum tokens and two others which began trading on the platform Tuesday (Dec. 7). A company blog post explained that the trading would only begin once the liquidity conditions are met....
The central bank in Zimbabwe will be looking into a digital currency as opposed to letting cryptocurrencies become legal tender, Bloomberg said Monday (Dec. 6). Reserve Bank of Zimbabwe Governor John Mangudya said the bank “[doesn’t] believe in cryptocurrencies.” “We believe in central bank digital...
Gary Gensler, SEC chair, says bitcoin exchange-traded funds could be ripe for manipulation and fraud, a Bloomberg report says. Gensler, speaking with Senate Banking Committee top Republican Pat Toomey, said that although non-U.S. regulators have approved ETFs, the SEC wouldn’t be influenced by that. Gensler...
Goldman Sachs is currently undergoing an education on how to use bitcoin as collateral for cash loans, according to a Thursday (Dec. 2) report from Coindesk. Goldman doesn’t plan to touch crypto spot markets; instead, the bank, and others like it, plan to rely more...
Nodl, a hardware bitcoin node provider, has debuted a new node offering for merchants in developing countries, Bitcoin Magazine reported Wednesday (Dec. 1). The product, called nodl light, is a Lightning Network node offering. Available early 2022, it will not only allow merchants to take...
A group that calls itself the RugSeekers has been working diligently to ferret out cryptocurrency scams, Bloomberg reported. The group is led by Robert Browning, 52. Its goal is to go into depth on the details of various scams, according to the report. The group...
CoinDCX, the first Indian cryptocurrency unicorn, will be pursuing an initial public offering (IPO) when allowed to by government regulators, Bloomberg reported. Co-Founder Neeraj Khandelwal said the share sale could be a key point for the company, giving legitimacy to the industry in the same...
El Salvador’s move to make bitcoin a legal tender could end up causing problems at tax time elsewhere in the world, a report from The Telegraph says. A report says that the U.K.’s HMRC could face a legal challenge from investors who want to cut...