Lithuania to launch a CBDC, but there’s a catch
Lithuania has revealed it will launch its CBDC in the coming week. However, the digital currency is a bit different and will not target retail payments.
Latest Business News
Police in China detaining digital currency OTC traders: report
China is systematically cracking down on OTC digital currency trading, detaining some renowned figures, including Zhao Dong, a prominent investor in Bitfinex.
Zimbabwe central bank halts mobile money transactions
Mobile money operators are taking advantage of financial instability to overcharge users, according to the Reserve Bank of Zimbabwe.
Japan’s blockchain industry grows by 30% in 2020
Japan has experienced rapid growth in its blockchain industry, a new report has shown. Since 2019, blockchain companies have increased by 30%, the report says.
Philippines SEC warns against Forsage, other digital currency schemes
The regulator flagged three firms, Forsage, RCashOnline and The Saint John of Jerusalem Knights of Malta Foundation of the Philippines, Inc.
Simplex makes buying Bitcoin SV much easier
With its BSV integration, users can expect Simplex’s 150+ partners to allow individuals to buy BSV with their credit and debit cards.
The CoinGeek Pulse: Episode 2
This week, the CoinGeek Pulse delves into developments at Wirecard, WhatsApp in Brazil, MetaStreme’s record stress test, and Centbee.
UK High Court orders ‘nothing but scam’ GPay exchange to shut down
The exchange, also operating under Cryptopoint and XtraderFX, solicited investment online through ads on social media platforms.
Twetch: Social Network. Cultural Center. Art Dealer?
A large transaction recently took place on Twetch, involving a piece of art with religious and secular symbolism.
Washington DC lawyers move towards ‘reasonable’ digital currency route
Lawyers in Washington D.C. can now accept digital currency as a form of payment for their services.
Africa’s P2P trading reaches triple-digit growth
Sub-Saharan Africa has taken to digital currencies, with P2P platforms in Kenya, Nigeria, South Africa and Ghana posting triple-digit growth in 3 months.
Brazil regulator lifts Facebook ban, WhatsApp payments still suspended
A Brazilian regulator has lifted a ban on WhatsApp payments. However, users still can’t process payments on WhatsApp due to outstanding central bank ban.