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FED’s Cryptocurrency Comment: Bitcoin Could Be a ‘Threat’ for Dollar in the Future

In an interview with CNBC on May 14, one of the top decision-makers in the US, The Louis Federal Reserve Bank made positive comments on Bitcoin and even so stressed that it may be a potential "threat" to the US dollar. James Bullard, president of Louis Federal Bank, who interviewed CNBC on the...

Binance Cryptocurrency Exchange Denies “Genesis Plan” to Build a Blockchain Country

He Yi , co-founder of the Binance crypto money exchange, denied the fictional claims of a Chinese financial technology news source that Binance had launched the so-called "Genesis Plan" scheme. According to the news Wednesday (May 16th) that the QQ News-based news source had uncovered the truth, Binance's so-called plan was to set up its own...

Yves Mersch: Banks Must “Segregate” Cryptocurrency Transactions as They Couldnt Be Seen As ‘Money’

According to Reuters ' report dated May 14, ECB board member Yves Mersch stressed that banks must "segregate" their commercial transactions with crypto money from other transactions. Mersch stated that the tokens could not be "seen as money" because the crypto market had too much ambiguity, and that those who used it,...

Nokia Announces Partnership with Streamr and OSlsoft for Blockchain, Ethereum Smart Contract ERC20 Tokens

The Fin Telecommunication giant Nokia has announced a partnership with the Blockchain data platform Streamr  and California- based software company OSlsoft to enable mobile customers to convert their user data into money and buy products with them. Nokia-Streamr-OSlsoft Partnership CEO Henri Pihkala made this partnership announcement Wednesday during the Consensus 2018 conference. In addition to this announcement, Henri Pihkala has also launched a...

Verge News Today: Verge [XVG] Launches Crypto-Debit Cards

Verge News Today: Verge announced XVG debit cards via its official Twitter account. The company has announced that it has acquired a certain portion of WEG , a German bank that provides financial technology solutions and offers loans at low interest rates. Store your crypto-currency on the Internet Crypto-debit cards will allow people to...

New Regulations for Cryptocurrencies in Thailand

According to a report by the Bangkok Post on May 13th, a new royal decree was issued for crypto money registrations in Thailand . The hundred-part law issued by the Royal Gazette in the country describes crypto money as "digital assets and digital tokens" and places these assets under the jurisdiction of...
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