Recently, the Inter-ministerial committee submitted a report in which the banning of cryptocurrencies was recommended. According to the report, this would maintain the long-standing punishment of the use of cryptocurrencies in India. The committee which was headed by the Secretary of the Department of Economic Affairs (DEA), Subhash Chandra Garg, maintained a good stance about […]

One of Norway’s biggest airlines, Norwegian Air, is reported to have plans of incorporating bitcoin payments into its payment system. In this new arrangement, passengers or customers would be able to buy air tickets using cryptocurrencies like bitcoin. This news is the first to be confirmed in Norway and it leads the blockchain aviation business […]

A new Chinese movie about blockchain and cryptocurrencies titled “Sage Thief” is coming to the theatres this October and that is causing some kind of excitement especially among the Chinese recently. China recently declared cryptocurrencies as virtual properties and confirmed the protection of cryptocurrencies by law after a few years of bans which kept the […]

According to an insider familiar with the matter on Thursday, the Japanese government is leading innovation to build a payment network for cryptocurrencies similar to SWIFT used by banks. This news comes in an effort of the Japanese government to fight financial crimes and money laundering. According to the report,  these are issues resulting from […]

Turkey has been facing economic challenges with the sovereign currency declining rapidly in 2019. During these tumultuous times, cryptocurrency remains the only viable way to move money out from the effect of inflation. The Eleventh Development Plan 2019-2023 in Turkey has proposed the formation of Blockchain-based central bank money. Reportedly, the Commission also planned to encourage […]

The U.S. Securities and Exchange Commission (SEC) is not backing down on its blockchain data policies. As a body which has been very pessimistic about blockchain efficiency and feasibility, SEC is now looking to narrow down its pessimistic approach towards the ecosystem and this time, how much data actually exist on the various blockchain is […]

Australia’s three largest banks have agreed to offer and process banking guarantees digitally on the blockchain. Reportedly, they have entered into a partnership with IBM and Scentre Group to start testing the new technology to digitize bank guarantees. The three banks which formed the partnership are, Australia and New Zealand Banking Group, Westpac Banking Corp, […]

David M. Solomon, Chairman, and CEO of Goldman Sachs said in an interview recently that they are going to offer digitized securities on the blockchain. In a meeting with the Board of Directors of the multinational bank, Soloman told the media, Mergers and acquisitions advice remains our key business, but we are a bank, not […]

​Two big companies, Alhamrani Universal (AU) and ShoCard are in partnership to create a new type of Automated Teller Machines (ATM)  that would employ a merger of the blockchain technology and user biometrics to enable the withdrawal of cryptocurrencies in the form of fiat cash. This new set of ATMs are currently being developed in […]