Major Chinese Cryptocurrency trade platforms launch P2P exchanges

According to cnLedger, two of the biggest cryptocurrency exchange platforms in the Chinese market are planning to re-launch trading operations after the Chinese cryptocurrency ban. cnLedger is a trusted news source within the Chinese cryptocurrency industry. On October 29th, it tweeted that OKEx and Huobi Pro will soon be launching peer-to-peer (P2P) bitcoin trading with […]

Central Bank of Swaziland considers deploying digital currencies

Different countries’ governments have different policies regarding the use and trade of digital currencies. Some are making efforts to regulate them, few intend to issue a complete ban on them, and others recognize virtual currencies as an innovative technology and plan on making use of them after thorough research. South African country, Swaziland appears, to be one of the latter.

R3 plans a DLT-based instant international payments platform

Enterprise software firm, R3, claims to have put forward a solution that utilizes distributed ledger technology (DLT) to introduce a faster, quicker, and cheaper way of facilitating international payments. In collaboration with the company’s 22 member banks, the product is developed on top of R3’s Corda platform, which enables direct, secure transactions via smart contracts.

US senate open to amendments in bill S.1241

This May, bill S.1241 was introduced to the US Senate. The purpose of this bill was to combat money laundering and the requirement of this bill arose from the increasing use of digital currencies such as Bitcoin, Ethereum and others in this field.