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China may be just about to launch its digital currency in two cities

The Central Bank of China will test the national digital currency for electronic payments before the end of this year. The sovereign cryptocurrency test – DCEP (CryptoYuan) – will be conducted in two cities: Shenzhen and Suzhou. China may be the first large economy to issue its own digital money.…

China is ready to start own crypto-currency

Employees of the People’s Bank of China said that the five-year work on the official cryptocurrency of the country has been completed, they are ready to launch it “in the near future”. Mu Changchun, deputy head of the bank’s payment division, added that its architecture and prototype are ready. “We…

Chinese Yuan will become cryptocurrency (CryptoYuan)

INSEAD professor and co-founder of the Blockchain Research Institute (BRI) Don Tapscott (Don Tapscott) said that the yuan – the official Chinese currency – will become a cryptocurrency (CryptoYuan).  In an interview with Bloomberg, Tapscott said that he recently met with the vice-chairman of the Chinese Communist Party. The official…

Ethereum coming updates

Over the next 2-3 months, Ethereum will implement the Casper hybrid protocol, which will combine the parameters of the Proof-Of-Work and Proof-Of-Stake consensus algorithms. During the conference Edcon, the founder of the platform Vitalik Buterin told about the upcoming update and the system of rewarding the steakers. We emphasize that…

Blockchain for postal parcels temperature control (Swiss Post)

The national Swiss mail company Swiss Post intends to integrate a new block-based solution developed by the startup Modum into its work. Thanks to the new technology, the delivery of parcels with medicines and other temperature-sensitive products will become more safe and qualitative. The company Modum is based in Zurich…

German National Tourist Board Now Accepting Cryptocurriencies

Starting March 5th, 2018, the German National Tourist Board, headquartered in Frankfurt, is accepting payment in cryptocurrencies like Bitcoin for services, as a response to their interest in utilizing the blockchain technology supporting cryptocurrencies in the German and international markets. Primarily financed by the German National Ministry of Economy &…

The Future of CryptoCurrency in Decentralization

Jed McCaleb, co-founder of Ripple (XRP) and Stellar (XLM), as well as the creator of the infamous crypto-exchange Mt. Gox, said that the cryptocurrency and its core technology (block) should remain decentralized in order to succeed in the future. In an interview with Fast Money from CNBC, McCaleb said that…

Chase Customers Get Extra Coinbase Purchase Charges Refunded

A lot of things are happening in the world of cryptocurrency these days. One of the more pressing issues is the fact that Coinbase purchases with debit or credit cards have incurred extra fees. Chase is working hard to refund all of those extra charges, earning them some good karma from their clients.…

Tennessee: New Legislation Prevents Crypto Retiremenе

Two identical bills in Tennessee have been put forward to prevent retirement funds from investing in cryptocurrencies. Two more that legalize Blockchain use for electronic transactions are also working their way through the House of Representatives and the Senate, according to legislative tracking site Legiscan. House Bill 2093, introduced on…

Chinese Crypto Mining Giant Bitmain Developing Facilities In US, Document Suggests

The major Chinese cryptocurrency mining hardware manufacturer Bitmain is reportedly involved in the development of Ant Creek mining centers in the US. According to the business data website companies-number.com, Bitmain’s co-founder Jihan Wu is the sole “governing person” of the Ant Creek LLC in Tumwater, Washington. According to local newspaper…

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