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Norwegian National Bank Wants to Launch its Own Digital Currency to Support Nominal Money

According to reports in the Nordic press; The Norwegian National Bank claimed that Norges Bank could issue its own digital currency to support nominal money and increase confidence in its treasury policies. It is said that Norges Bank is starting to work to raise the central bank-supported digital...

South Korea’s Crypto Exchange UPbit Denies Fraud Claims About Unreal Balance Sheets

According to a local news source, South Korea 's largest crypto exchange, UPbit, has reported that they have conducted an internal audit and there was not any evidence of fraud. A local news source, Naver quotes the CEO of the currency saying that UPbit's balance sheets are compatible with their wallets “100%”. UPbit...

Ukrainian Parliament Member Alexei Mushak: Ready to Legalize Cryptocurrencies?

Ukrainian parliament member Alexei Mushak posted  on his Facebook page that Ukraine is preparing a draft law to legalize cryptocurrencies. Mushak shared a copy of the draft law and asked readers to comment on the arrangements made for the crypto market: "We go to the home stretch to create conditions...

Mitsubishi UFJ Financial Group (MUFG) will Try Its Own Cryptocurrency MUFG Coin

Currently the fifth largest bank in the world, Japan’s Mitsubishi UFJ Financial Group (MUFG ) is planning to do trials with its own cryptocurrency as early as 2019. NHK, a local news source in Japan, reports that the testing of the currency, a.k.a  MUFG Coin, may include 100,000 account holders. The initial plan of MUFG was...

LINE and ICON (ICX) Partnership Launches Blockchain Initiative Unchain

Japan's most popular messaging application Line's mobile platform sub-organization, Line Plus, is launching a blockchain initiative -Unchain - jointly with the crypto platform ICON . At the beginning of April , Line plus had also introduced Unblock in South Korea to integrate blockchain technology into Line's inter-market system. Line is subsidiary company of South Korean search engine giant Naver , but Line is located...

IBM Partners with Environmental Fintech Startup Veridium Labs For a Cryptocurrency on the Stellar Blockchain

In a statement from computer giant IBM has announced that they signed a business alliance agreement with Veridium Labs,an environmental fintech startup, and that the two companies will work together to produce a cryptocurrency token on the Stellar Blockchain. The two companies will work together to try...
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