CEO of a BTC mining firm claims that China’s cryptocurrency ban presents a “huge opportunity for Canada.”
CEO of IMining, Khurram Shroff thinks that spreading the location of BTC mining operations is a positive thing for the rest of the world. The Chinese government’s regulatory assault on cryptocurrencies has continued to alienate big mining companies. In response to the many provincial prohibition announcements throughout China, according to reports, the Dubai-based investment firm […]
COVID-19 Vaccines: StaTwig’s Solution Partners With Indian giant Tech Mahindra on Blockchain system for Vaccine Tracing
In an effort to alleviate supply chain issues, Tech Mahindra and blockchain startup StaTwig will cooperate to create a COVID-19 “VaccineLedger” solution that addresses these challenges. Increasingly important to many governments’ strategies for pandemic management, mass vaccination programmes against COVID-19 are becoming increasingly urgent. Blockchain companies are moving quickly to propose ways in which the […]
Vietnam’s State Bank Starts explorations into the use of digital currency on the block chain
Vietnam’s prime minister, Phm Minh Chnh, has tasked the State Bank with conducting a research and implementation pilot programs for a digital currency in the country. According to reports, the State Bank of Vietnam is poised to become the next central bank to investigate the feasibility and operational viability of central bank digital currencies (CBDCs). […]
Aave Pro To Be Launched This July, Promises To Support Only BTC, ETH, AAVE And USDC
During the conference and in this email, it was noted that Aave’s institutional product referred to as ‘Aave Pro’ intends to launch this month responding to “extensive demand from various institutions.” Aave to launch permissioned deployment for institutions in July In response to “extensive demand from various institutions,” Aave’s permissioned deployment will go live this […]
Fitch Warns Stable Coin Growth Could Affect Credit Markets
In its report, Fitch warns that the potential for asset contagion risks presented by stablecoins may result in stricter restrictions for the sector. It has been cautioned that the rise of stablecoins that are not completely backed by secure assets may result in instability of short-term credit markets, according to rating agency Fitch. Reuters said […]