$90K Bull market support retest? 5 Things to know in Bitcoin this week

The proposed law won’t necessarily make crypto legal tender in the country, but it’ll at least be legally recognized financial asset for investments and other uses. 399 Total views 5 Total shares A proposed addition to an existing Brazilian law would grant Brazilians the right to use cryptocurrency as a means of payment while protecting…

Australian firm Vicinity has announced it will trial a blockchain solution for its energy network. The company revealed this Thursday, September 25 in an official press release.Vicinity – with more than $42 billion in real estate assets under management – has partnered with Australian energy tech company Power Ledger. The newly announced trial is a…

Bank of Japan has announced the launch of a new CBDC research team, which will continue the work of its previous CBDC research team. 1045 Total views 14 Total shares The Bank of Japan announced on July 20 that it had formed a new team to accelerate research into the feasibility of central bank digital…

South Korea's SK Telecom is issuing a blockchain solution for the storage and management of government certificates. 847 Total views 11 Total shares The South Korean telecom giant SK Telecom has announced it will issue its first digital wallet for blockchain-powered digital certificate storage and management with the approval of the Ministry of Public Administration…

Two United States regulators, namely the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA), will discuss cryptocurrency at a broker-dealer meeting on June 27. The SEC announced the opening of registration for the event on April 16 on its website.Per the announcement, the 2019 National Compliance Outreach Program for Broker-Dealers will…

The Philippines Department of Finance warns people that Bitcoin Revolution uses government officials’ names to spread fake news endorsing their business. 2340 Total views 38 Total shares Another Filipino finance entity issued a warning against the alleged crypto Ponzi scheme Bitcoin Revolution, accusing them of impersonating the country’s president, as well as its finance and…

Mark Karpeles — the former CEO of the now-defunct bitcoin (BTC) exchange Mt. Gox — has revealed he will serve as the chief technology officer of a new Japan-registered blockchain technology firm. The news was reported by Japanese daily newspaper The Mainchi on June 5.Speaking at the Foreign Correspondents' Club of Japan earlier today, Karpeles…

A Web3 app launched on June 27 lets users prove their social credibility using blockchain technology, according to an announcement from the app’s development team. Called “Quivr,” it lets users connect apps they regularly use, such as Spotify, Steam, Apple Music and others. Based on their behavior in these apps, Quivr generates blockchain badges that…

Tencent Cloud — Tencent’s cloud computing arm — is forming a blockchain alliance to further the industrial implementation of the technology. 600 Total views 20 Total shares Tencent Cloud, the cloud computing arm of the Chinese internet giant Tencent, is preparing to bring together 100 organizations this year to establish the In­dus­try Blockchain League.On June…