Hong Kong prepares AI guidelines for finance sector
Hong Kong’s government plans to regulate AI in finance by issuing policies at the upcoming FinTech Week.
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Tether expands reach in Georgia through investment in CityPay.io
The partnership seeks to enhance the payment industry in Georgia by introducing heightened efficiency. 53 Total views 1 Total shares Stablecoin issuer Tether announced on May 31 that it is expanding its presence in the Republic of Georgia through a strategic investment in CityPay.io, a payment processing company that operates across more than 600 locations in the…

Bybit introduces Indian digital rupee CBDC payment option
The use of the CBDC on the cryptocurrency exchange will enhance security and, it hopes, attract merchants.

Reddit co-founder bought 50,000 Ether during pre-sale, for $15K
Alexis Ohanian is extremely bullish on cryptocurrency, even using the proceeds from his early Ether investment to found a crypto-focused venture capitalist firm. 437 Total views 15 Total shares Own this piece of history Collect this article as an NFTThe co-founder of the social media website Reddit, Alexis Ohanian, reportedly bought 50,000 Ether (ETH) for…

As Bitcoin price staggers, ‘whale’ wallets may be becoming an endangered species
The number of whale wallets is down 16% since February. 2523 Total views 12 Total shares As Bitcoin looks to recover from a stomach-churning dip on the back of a strong bid this morning, on-chain data indicates that high net worth ‘whale’ wallets may not be part of the effort. Bitcoin — along with most crypto…

Survey finds 31% of Brits are crypto curious, but lacking information
Over a third of those who have already bought crypto are themselves new or novice investors. 1861 Total views 17 Total shares A recent United Kingdom-wide survey on attitudes to cryptocurrency showed that almost a third of respondents are curious about investing in digital assets.Crypto trading platform Ziglu commissioned the survey through OnePoll, a market…

Cryptocurrency News From Japan: March 15-21 in Review
This week’s headlines from Japan included exchange self-regulatory organization, JVCEA, suggesting guideline changes, financial institutions collaborating with a blockchain startup for asset management, GMO Coin exchange listing BAT, and news that Toyota has built a blockchain-based identity platform.Check out some of this week’s crypto and blockchain headlines, originally reported by Cointelegraph Japan.JVCEA adds regulatory suggestions…

Blockchain Service Bison Trails Announces Support for Ethereum 2.0
Libra Association member Bison Trails looks forward to moving from the Proof-of-Work consensus mechanism to Proof-of-Stake, launching Eth2 support. 1428 Total views 16 Total shares Blockchain infrastructure-as-a-service company, Bison Trails, has announced support for Ethereum 2.0 — an upgrade that will move the network from its proof-of-work consensus mechanism to proof-of-stake.Bison Trails offers a suite…

Bitcoin Volume and Returns Remain Stable Amid Global Economic Uncertainty
Recent reporting by Cointelegraph shows that Bitcoin (BTC) spending has retraced since March 9 amid the worsening coronavirus pandemic. Data from blockchain analytics firm Chainalysis also shows that even the amount of Bitcoin spent on illicit activities through darknet marketplaces is down from pre-coronavirus levels.Despite the reduction in transactions, traders still view the current prices…