This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations. It was a tumultuous week in China...
Binance Labs, the venture capital arm and incubator of Binance, today announced its strategic investment in NFKings, an NFT creatives/production company with over 100 intellectual properties (IPs). The strategic investment of Binance Labs will support Binance NFT and NFKings...
A Zimbabwean music production company, Mutscon Music, recently announced that its clients can now pay for services using cryptocurrencies like bitcoin and ethereum. According to the company, this decision has partly been necessitated by ongoing pandemic-related movement restrictions. Music...
Last-minute additions to the bipartisan infrastructure deal in the United States Senate saw lawmakers propose expanded cryptocurrency taxation to raise an additional $28 billion in revenue. The proposal will implement tighter rules on businesses handling crypto, expand reporting requirements...
Ferrum Network, a blockchain and cryptocurrency services ecosystem, today announced that it now integrating oracle solution Chainlink for a number of different initiatives. The first integration is already live. Ferrum Network is utilizing Chainlink VRF (Verifiable Random Function) to...
Blockchain technology undoubtedly has several uses and has been integrated with various sectors apart from financial services. With the development of blockchain technology, several new use cases are opening up all over the world, which no one could imagine...
The Central Bank of Nigeria (CBN) recently announced the abrupt end to sales and outsourcing of foreign exchange to Bureau de Change (BDC) operators after accusing them of failing to stick to their core mandate. Instead of providing forex...
Pennsylvania-based Bitcoin mining firm Stronghold Digital Mining has filed for a $100 million initial public offering (IPO) with the United States Securities and Exchange Commission (SEC). The firm filed its S-1 form on July 27 and if given the...
Tal Itzhak Ron For a very long time Vanuatu, always the most popular offshore licensing jurisdiction for self-regulated FX/CFD operations, disapproved dealing with Cryptocurrencies in all forms for its VFSC licenses, to the extent that if a small reference...
Kirobo, a blockchain company with a mission to simplify cryptocurrency management, has launched its new ‘Atomic Safe Swap’ service; enabling peer-to-peer (P2P) token swaps without the risk of human error and without the need for an exchange or custodial...