Roxe, a global payment network, has hired Andreas Jobst, a former International Monetary Fund (IMF) economist, to lead its central bank digital currency project backed by Bitcoin’s (BTC) hashrate. The company on Wednesday, September 8, announced Jobst as Roxe’s...
Coinbase, a popular crypto exchange, has been trying to remain on the right side of the law. Before it releases a product in the US, they discuss with regulatory bodies to ascertain the legality of their action. This was...
In compliance with regulatory authorities in Singapore, popular cryptocurrency exchange, Binance, on Sunday, announced its services will be halted in the Asian country. Bitcoin News reports the company wrote that “to remain compliant with local regulators,” it will cease...
Offchain Labs has launched the public mainnet of Arbitrum One — the highly anticipated Ethereum layer two platform. Offchain Labs revealed this on Tuesday, Aug 31, noting that it secured $120 million in a Series B fundraising round. The launch...
Shop.com, an e-commerce platform owned by market America, is now the latest business entity to accept payments in cryptocurrency. The firm announced its partnership with crypto payment service provider BitPay, which will allow it to accept payments in several...
Recently, Binance suffered a hiccup in another country, which comes after the regulatory issue that it had with the UK. Singapore becomes the latest country to drop a bag of rules that Binance has to comply with if they...
Recently, new features have been added to Twitter, while the plug of some old projects has been pulled. One of its recent features is the Tip Jar. This feature allowed some Twitter users to receive funds through the platform,...
Different countries are actively working on creating their CBDC through their central banks. Most governments are still at the experimental and theoretical phase of CBDC. For instance, the Nigerian Central Bank is working with a Barbados blockchain technology firm,...
El Salvador is one of the first countries that its government has ruled in favor of cryptocurrency, especially Bitcoin. Recently, the country has begun the process of adopting Bitcoin as its legal tender. To facilitate the process, the Senate...
Ahead of the proposed launch of the digital currency, e-Naira, the Central Bank of Nigeria (CBN) has engaged Bitt Inc, a global fintech company, as the technical partner. Bitt is a Barbados-based startup that led the development of the...
