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South korea plans to create free trade zone for industrial hemp using blockchain


Wednesday, 8 July, 2020 at 05:18 GMT
The government of South Korea is considering a local hemp regulatory-free trade zone and is looking to manage the production ofhemp by employing blockchain technology. Tracking Hemp Production With Blockchain According to a reportby  Newspim on Tuesday (July 7, 2020), the Ando...
Will coronavirus crisis be the catalyst for widespread crypto usage


Tuesday, 7 July, 2020 at 09:21 GMT
The coronavirus pandemic has already changed the world in a variety of ways. One change, in particular, is a rapid increase in the speed of the global digitalization. The use of fintech apps has grown by 72%, online purchases increased by billions, and the popularity of online...
Blockchain dominates chinas fintech scene


Tuesday, 7 July, 2020 at 03:59 GMT
The recently published report by the South China Morning Post reveals that blockchain technology is clearly dominating the country’s startup scene.       Over 80 percent of the fintech companies and 40 percent of e-commerce firms have either already invested or piloting...
Cuban crypto industry rises amidst a crippling economy


Monday, 6 July, 2020 at 08:32 GMT
The COVID-19 pandemic has had a devastating impact on the economies across countries as people continue to remain cautious of going out. Cuba has also suffered from this ongoing pandemic as the socialist country now reports food and cash shortages. Cuba has stopped receiving...
Cryptocurrency scam in news headlines this week


Sunday, 5 July, 2020 at 09:19 GMT
Cryptocurrency scam platforms have been abundant around the world for years now. Legal authorities try their hardest to catch them as they appear, but often they are well thought out and disguised. It can be hard to distinguish the difference between real platforms and fake ones,...
The most famous financial pyramids in the crypto world


Saturday, 4 July, 2020 at 10:49 GMT
Everyone who has studied this topic even superficially knows that Bitcoin (BTC) still remains a popular payment method among scammers and criminals on the darknet. Cryptocurrencies are very convenient tools for money laundering, evading taxes and cheating investors. ...
Philippines sec asks investors to remain cautious of these crypto companies


Saturday, 4 July, 2020 at 10:11 GMT
The Philippines’ securities regulator has issued a warning to investors to be aware of three cryptocurrency companies that might be a potential scam as they are not registered with the proper authorities. The Philippines Securities and Exchange Commission (SEC) flagged three...
Unicef turning to cryptocurrency in fight against covid19


Friday, 3 July, 2020 at 08:36 GMT
UNICEF announced last month that it is to invest 125 ether (worth around $28,500) in eight companies from seven different countries as part of its cryptocurrency fund (CryptoFund) aimed at addressing global challenges. ...
Lithuania to launch its own central bankbacked digitial token


Friday, 3 July, 2020 at 03:33 GMT
The first digital coin produced by a central bank will soon be issued in the Euro Zone, according to media reports, with Lithuania set to launch its own digital token – LBCOIN. ...
The bank of canada says a cbdc should focus on accessibility and inclusion


Thursday, 2 July, 2020 at 11:37 GMT
The Bank of Canada recently published a report saying it is aiming to develop a central bank digital currency that could mimic banknotes on the blockchain, providing the same availability and accessibility people have come to expect from physical cash. According to the Bank of...

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