Business

Digital currency-friendly Bank Arival launches—but with a catch
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7 June, 2020

Digital currency-friendly Bank Arival launches—but with a catch

Puerto-Rico based Arival claims to be the first fintech bank for “abnormal” customers, which is why digital currency firms fit...
Venezuela forces gas stations to accept petro amid petrol price hike
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7 June, 2020

Venezuela forces gas stations to accept petro amid petrol price hike

The government has started requiring all gas stations in Venezuela to sell petrol at a discount in exchange for Petro.
Home buyer in US court over payment in ‘worthless’ token
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6 June, 2020

Home buyer in US court over payment in ‘worthless’ token

A home seller in the U.S. has sued the buyer after the latter paid part of the agreed fee in...
Chinese province taps blockchain to track tea products
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6 June, 2020

Chinese province taps blockchain to track tea products

Yunnan province in China will be using blockchain to track its tea, an $11.8 billion industry. Scanning barcode will show...
Blockchain ranked Hong Kong’s largest fintech sector in 2019
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6 June, 2020

Blockchain ranked Hong Kong’s largest fintech sector in 2019

Blockchain startups accounted for the largest share of fintech startups that opened shop in Hong Kong last year, accounting for...
Revolut employees forced to quit jobs in cost-cutting measures: report
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5 June, 2020

Revolut employees forced to quit jobs in cost-cutting measures: report

Revolut has been forcing its employees to quit their jobs or risk getting fired. A new report claims that the...
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