'There is a global race underway for Bitcoin' — Anthony Pompliano
The election of a pro-crypto President in the United States and growing macroeconomic turmoil will continue to drive investors to Bitcoin.
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Indian state governments spur blockchain adoption in public administration
Ever since Bitcoin (BTC) popularized blockchain technology worldwide, the tech has found its way into myriad processes, from finance to public administration.What started as a flex statement for early adopters has now become a way of revamping legacy systems and improving immutability, transparency and decentralization.Despite its proven real-world use cases, most government agencies continue to

Thai Parliament Approves Amendments Allowing Issuance of Tokenized Securities
Thailand’s National Legislative Assembly has officially allowed the issuance of tokenized securities on blockchain, major newspaper The Bangkok Post reports on Friday, Feb. 22.The government will amend the Securities and Exchange Act, according to the article. As soon as the changes come into effect later in 2019, tokenized securities such as stocks and bonds can…

Bitcoin hodler Elon Musk should sell $23B of Tesla stock, Twitter survey concludes
With just hours to go, the results of a survey Musk says he will "abide by" demand that he sell 10% of his TSLA holdings. 245 Total views 4 Total shares Bitcoin (BTC) fan, Tesla CEO and world's richest man Elon Musk says he will sell 10% of Tesla stock (TSLA) — if Twitter tells…

Mastercard tokenized 30% of its transactions in 2024
Mastercard tokenized 30% of transactions in 2024. It views stablecoins as competition, acknowledging crypto’s potential to disrupt traditional finance.

Main Barrier to CBDC Is Philosophy Not Tech, Says European Central Bank Rep
European Central Bank executive board member Yves Mersch believes that the main impediment for CBDC is philosophical rather than technological. A number of countries such as China and Sweden are already experimenting with central bank digital currencies, which are also referred to as CBDCs. The implementation of this new type of money requires a number of aspects…

PayPal Sues Consumer Protection Agency for ‘Confusing’ Digital Wallet Rules
PayPal is suing the Consumer Financial Protection Bureau (CFPB) for requiring the firm to make “misleading and confusing” disclosures about its fees.The digital payments giant filed a lawsuit against the CFPB on Dec. 11, arguing that the agency has ignored critical differences between digital wallets and prepaid products like prepaid debit cards (GPR).CFPB makes PayPal…

New Partnership Aims to Link Blockchain Communities From Africa and Asia
Quras, a smart contract platform that enables anonymous, private-protected transactions, has partnered with non-profit association Blockchain Nigeria User Group (BNUG).According to a Feb. 5 press release from Quras, the new partnership will enable Quras to expand its community and developer base beyond Asia and to the continent of Africa ahead of its mainnet launch in…

What Crash? Bitcoin Hash Rate Doubles in 24 Hours Despite Price Drop
Bitcoin (BTC) has already dispelled myths its hash rate suffered a 40% drop this week, reaching new all-time highs just days afterwards.What hash crash?As data from monitoring resource Coin Dance confirms, after the hash rate metric dipped from 104 quintillion hashes per second (h/s) to 57 on Sept. 23, it immediately reversed.On Sept. 24, it…