Cryptocurrency News

The Volkswagen Group has just recently made an important announcement. Apparently, it is looking forward to using blockchain in an attempt to track its mineral supply chains. Here is everything about it in a nutshell.

In an interview with a mainstream news agency on April 17, the Blockchain Research Institute’s executive chairman Donald Tapscott stated that China’s official currency, the Renminbi (RMB) could eventually become a cryptocurrency.

The central bank of India has confirmed its decision to set up a fintech sandbox. Interestingly, this is believed to include the likes of blockchain startups and even tools. Unfortunately, projects or companies that have something to do with cryptocurrency will not be included.

Intercontinental Exchange, the owner of the NYSE, is reportedly hell-bent at obtaining a New York license. The latter, in particular, is meant for its long-delayed cryptocurrency exchange called Bakkt.

Dr. Ayo Akinyele, an academic researcher, is reportedly developing a cryptographic solution that can significantly improve privacy across second-layer blockchain solutions. Interestingly, one of these blockchain solutions is lightning network for the world’s leading crypto Bitcoin.

A group of investors has been successful so far in launching a new blockchain-focused venture capital company. Interestingly, the newly introduced firm’s worth is said to be at least $50 million, with an aim of bringing blockchain to the general public.

The major US-based wallet service provider and cryptocurrency exchange Coinbase has expanded its crypto-to-crypto trading operations to new countries. According to an official blog post published on April 17, Coinbase and Coinbase Pro (the company’s professional trading platform) have launched these trading operations in another 11 countries spread across Asia and Latin America.

A startup by the name of Arca is hoping to obtain regulatory approval from the Securities and Exchange Commission or SEC. And if it is able to do so, it would like to apply the approval to a brand new type of stablecoin meant for retail investors. Here is everything about it in nutshell.

Looks like Bitcoin SV is definitely getting all the hate from major crypto exchanges. Apparently, another exchange called Kraken is going to delist the crypto amid an ongoing feud its creator and a good number of members of the Bitcoin community.

The Swiss food giant called Nestle has just partnered with Carrefour, which is a French retailer. The teaming up is going to allow consumers direct access to product data via the Food Trust platform of IBM.