Thai, HK Central Banks Sign Fintech Deal for CBDC

The central banks of Thailand and Hong Kong have signed an agreement for cooperation in the field of financial technology (fintech), including on a joint research project to develop a central bank digital currency (CBDC). In the article by Regulation Asia, the Hong Kong Monetary Authority (HKMA) and the Bank of Thailand (BoT) are to collaborate […]

German State to Open Blockchain Institute for “Internet of Values”

The government of North Rhine-Westphalia (NRW) state in Germany has announced a plan to establish a European Blockchain Institute to research blockchain technology, and so-called “Internet of Values” (“Internet der Werte”). A local press release quotes NRW Economics Minister Andreas Pinkwart as saying that the European Blockchain Institute will be founded in the city of Dortmund later in 2019, […]

Bithumb Resumes Post-Hack Operations

South Korea cryptocurrency exchange has announced today on a blog post that it will resume partial operations following a hack in March, in two days’ time on 17 May, this Friday. The exchange will begin operations with only three cryptocurrencies for the time being, allowing trading for Ripple (XRP), Bitcoin Cash (BCH) and EOS. This […]

Bitcoin Settles at $8,000 As 40 Bull Days Wipe Out 235 Bear Days

Bitcoin’s relentless surge in the past few weeks finally showed some signs of letting up today during Asian trading hours, settling right now to around USD 8,000 (6.45am UTC) after breaking bold heights at above USD 8,350 less than 24 hours earlier (Coindesk). Even without positive industry headlines or hype-driven investments pouring in, bullish Bitcoin […]

Survey: Crypto Awareness, Use Doubles Since 2018, Adoption Lags

According to a recent report, 12% of cryptocurrency holders are long-term investors, and while awareness may have doubled from the 2018 count, adoption lags. The survey conducted by HBUS, the US partners of Huobi cryptocurrency exchange, sampled 1,067 American cryptocurrency investors between the period of March and April, revealing a swooping rise in cryptocurrency investments […]