60 Crypto Exchanges to Be Suspended in South Korea
South Korea is continuing cryptocurrency trading crackdown
Shanghai to Pilot Offshore Use of Digital Yuan on Conflux Blockchain
China is using restricted-access blockchains across a vast array of industries, including tests for its central bank digital currency.
Major Chinese banks consider expanding “digital yuan” to fund and insurance
TL;DR Breakdown: Chinese banks want to expand digital yuan utility so that holders can buy funds and insurance with it. The e-yuan trial has been successful as over $5 billion…
Digital Yuan Used in China’s Domestic Futures Market for First Time
The interbank payment using the e-CNY afforded a zero cost, efficient, and convenient payment option in real time, according to the report.
Digital assets to replace fiat in ten years – Deloitte Survey
TL;DR Breakdown Deloitte survey reveals that virtual assets would replace fiat in Years to come Deloitte blockchain expert says global finance is being revolutionalized with virtual assets Crypto price boom…
Become a Cryptocurrency Insurer
As the number of DEFI protocols and applications is growing, hacks and breaches come with them. Thus insurance’s importance is becoming a crucial concern about investors. But traditional insurances will…
Crypto Weekly Roundup: Killing ETF Hopes, Coinbase’s Japanese Expansion And More
Coinbase has been in the news lately, thanks to their latest $500 million investment decision and expansion efforts in Japan. Let’s take a look at that and all the other…
Why Chinese Banks Are Adding Digital Yuan To Apps? Here’s What You Need To Know
The Chinese Central Bank Digital Currency (CBDC) is progressively spreading out to more users. This can be seen as 35 banks in China include the digital Yuan in their mobile…
Breaking: Binance Makes KYC Verification Mandatory For All Services
Binance, the world’s top crypto exchange by trading volume has made KYC verification mandatory for all users. The latest announcement seems to be part of the company’s pledge to mend…
Coinbase to Buy $500M of Cryptocurrencies and Invest 10% of Profits, Says CEO
Coinbase has received board approval to allocate more than $500 million in various cryptocurrencies, announced the CEO.
