Bank of England open to central bank digital…

The Governor of the Bank of England Mark Carney said at the Riksbank Anniversary conference that he was open-minded about the prospect of a central bank digital currency (CBDC),  Bloomberg reports May 25. Riksbank is the central bank of Sweden.…

India Plans to Levy 18% Tax on Cryptocurrency…

India, the world’s second-largest country by population, may soon give a glimmer of hope to cryptocurrency investors after months of propagating a negative agenda against the digital asset class. As reported on Bloomberg, India may soon…

German Bank Adopts Bitcoin for Granting and Redeeming…

The most attractive feature of cryptocurrency is its decentralized and borderless nature. Many organisations and individuals have begun to accept it and explore it’s almost limitless possibilities. Bitbond, an online bank, has been an active…

Central Bank of Iran Bans Local Banks From…

The Central Bank of Iran's supreme committee, also in charge of curbing money laundering and fighting capital flight in Iran, has issued a circular prohibiting banks and financial institutions from transactions that enable buying, selling…

In 2017 China Filed the Most Blockchain Patents

The Financial Times reports that most patent filings for Blockchain technology to the World Intellectual Property Organization (WIPO) in 2017 came from China. The data collected by Thomson Reuters from the international patent organization show that over half of the 406…