Shapeshift Platform Airdrops FOX Tokens to Community of Users
For the purpose of “facilitating decentralised governance,” Shapeshift creator Erik Voorhees revealed in a blog post that the company airdropped FOX tokens to over a million consumers. Following the firm’s recent anniversary, the company stated that Shapeshift will be transformed into a community-owned decentralised platform in the near future. In a recent blog post from […]
White paper For digital Yuan has been released by the Chinese Central Bank
In pursuit and achieving its digital currency goals, the Chinese central bank has released the digital Yuans’ white paper. It is to note that earlier this month, the country had also begun pilot trials of the digital currency. The white paper for the People’s Bank of China’s (PBOC) future digital CNY was released today by […]
Hong Kong Cracks Down on a Money Laundering Ring Using Tether
Four persons have been arrested in Hong Kong on suspicion of laundering a total of $155 million using cryptocurrency wallets and bank accounts. The city’s customs agency stated that this was the first time it had encountered virtual currency being used to launder dirty money. A Syndicate Responsible for Money Laundering Recycles $155 Million in […]
Cryptocurrency: Tennessee city wants Bitcoin property tax payments
Jackson Mayor Scott Conger believes that Bitcoin holds the answer to resolving the problems of inflation and devaluation of the US dollar. The city of Jackson, Tennessee, in the United States, is continuing to investigate a prospective foray into cryptocurrencies and is now considering accepting Bitcoin (BTC) as payment for property taxes. Jackson Mayor Scott […]
Japan calls for the regulations of Stablecoins
The digital currency market is seeing changes daily, after the United States called for a regulation of stablecoins, Japan has followed suit by also requiring regulations be made for stablecoins. Japanese officials are increasing up efforts to regulate digital currencies, particularly stablecoins, in recent development. According to Reuters, the Japanese government is keeping a close […]