Business

China plans to give CBDC to state employees in pilot scheme
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19 April, 2020

China plans to give CBDC to state employees in pilot scheme

The scheme will see government employees in Suzhou paid 50% of their travel subsidies for May in digital currency.
Abu Dhabi Islamic Bank makes landmark transaction on blockchain
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19 April, 2020

Abu Dhabi Islamic Bank makes landmark transaction on blockchain

Abu Dhabi Islamic Bank revealed that it had completed a trade finance transaction on TradeAssets blockchain network in what is...
Web domain operated by KuCoin locked by order of Singapore court
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18 April, 2020

Web domain operated by KuCoin locked by order of Singapore court

Concerns over the digital currency exchange’s internal operations force courts to take action to prevent assets from disappearing.
Swiss firm Crypto Finance AG raises $14.5M to expand globally
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18 April, 2020

Swiss firm Crypto Finance AG raises $14.5M to expand globally

Crypto Finance AG has raised $14.5 million in Series B funding. The funding will go towards expanding its digital currency...
Russia not letting up in bid to bring Alexander Vinnik home
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18 April, 2020

Russia not letting up in bid to bring Alexander Vinnik home

Russia has requested the home detention of alleged fraudster Alexander Vinnik amid concerns over COVID-19.
How Boost uses Bitcoin SV to reduce fake news
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17 April, 2020

How Boost uses Bitcoin SV to reduce fake news

Bitcoin service provider Matterpool recently introduced "Boost POW" to reduce fake news by a whole other approach.
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