Thailand’s Central Bank Is Developing a Digital Currency Based on R3 Tech
The Bank of Thailand is developing its own digital currency, aiming to complete a first proof-of-concept by March 2019.
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CoinMarketCap Excludes Some Tether Data After Clarification by Bitfinex
CoinMarketCap, the most-visited aggregator of cryptocurrency market data, has changed the way it uses data from the Bitfinex exchange in response to a report by CoinDesk. On Tuesday, CoinDesk pointed out that a trading pair shown on CoinMarketCap – seemingly, for trades between the tether stablecoin (USDT) and U.S. dollars – did not, in fact,…

Generation C: Jesse Grushack – The Burner
May 13, 2020 at 12:40 UTCUpdated May 13, 2020 at 12:43 UTCJesse Grushack, via YouTubeJesse Grushack started mining bitcoin in 2010, using all of his computer power over the course of three days to come up with 1/200th of a penny. Despite the discouraging start, Grushack’s interest in cryptocurrency didn’t wane, and when he first…

Indonesia Passes Rules for Trading of Cryptocurrency Futures
news An Indonesian financial watchdog has set out new regulations for the trading of crypto assets on futures exchanges in the country. The Commodity Futures Trading Regulatory Agency (Bappebti), an agency under Indonesia’s Ministry of Trade, announced the new rules Monday, stating that cryptocurrency futures exchanges must be registered and approved before operating. The agency…

Asian Private Wealth Managers Embrace Crypto, Some Foresee Bitcoin at $100K By Year-End
A notable 76% of family offices surveyed during the second half of this year have crypto exposure, according to a report authored by Aspen Digital. DeFi, AI, and DePin are key areas of interest. Private wealth is long-term bullish on crypto, expecting BTC to trade in five figures by the end of December. 01:01 Bitcoin

First Singapore Bank Joins JPMorgan’s Blockchain Payments Initiative
news JPMorgan’s blockchain payments platform has just onboarded its first Singapore-based bank. With the addition of OCBC – the second-largest bank in Southeast Asia by assets – JPMorgan’s Interbank Information Network (IIN) now has around 345 banking members across the globe. Roughly 40 percent of those are from the Asia-Pacific region. Built on Quorum, a…

Solana, Avalanche Meme Coin Fever Continues as Bitcoin Nears $43K
Tokens of Solana, Avalanche and Injective surged as much as 20% in the past 24 hours as the meme coin trading frenzy extended into a third week on these networks.Solana’s SOL jumped 8% while Avalanche’s AVAX added almost 12% before giving back some gains. Dog-themed tokens dogwifhat (WIF) and bonk (BONK) trended on Solana, while

Binance’s Fiat-Gateway Partner Banxa Expanding to US
Jul 24, 2020 at 10:35 UTCUpdated Jul 24, 2020 at 10:36 UTCDigital banking infrastructure provider Banxa is making a move into North American markets. In a strategic partnership announced Thursday, Australia-based Banxa plans to leverage custody and settlement infrastructure from exchange platform Zero Hash to provide the regulatory and technology means for its expansion.The partnership…

Introducing CoinDesk’s ‘Consensus at Consensus’ Project
Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Marc Hochstein is the executive editor of Consensus, CoinDesk's flagship event. He holds BTC above CoinDesk's disclosure threshold of $1K and de minimis amounts of other digital assets (details on profile page). Join the most important conversation in crypto and…