Bank of Thailand Is Open to Discuss Libra, Concerned Over Security

News Bank of Thailand governor Veerathai Santiprabhob said that the institution is open to discussing Facebook’s Libra stablecoin with the company, local media Xinhuanet reported on July 19. Per the report, Santiprabhob made his remarks at the Bangkok FinTech Fair on July 19, pointing out that Facebook had...
Posted On 20 Jul 2019

Alleged Silk Road Drug Dealer Arrested in the United States

News United States Attorney for the Southern District of New York Geoffrey S. Berman announced the arrest of alleged dark web drug dealer Hugh Brian Haney in a press release published on July 18. Per the release, Haney has been charged with money laundering. He allegedly used cryptocurrency to launder more than...
Posted On 20 Jul 2019

Virgin Bitcoin — Most In-Demand Crypto That Is Regulated Differently?

How to crypto In a world where the global crypto community continues to face a growing number of regulatory hurdles with each passing day, the term “virgin Bitcoin” is starting to become more common among digital currency enthusiasts. However, it is of utmost importance to clarify what this term actually means...
Posted On 20 Jul 2019

Full House: Crypto Cards Show a Strong Hand in 2019

Analysis Until recently, cryptocurrency debit cards appeared to fall short of expectations. Despite many failed efforts in recent years, crypto debit cards are enjoying a second wind thanks to a surge in crypto prices over the summer. With some of the crypto world’s biggest names launching crypto debit cards,...
Posted On 20 Jul 2019

KPMG to Work With Microsoft, Tomia and R3 on Blockchain Telecom Solutions

News Business advisory firm KPMG has partnered with tech companies Tomia, Microsoft and R3 to create a blockchain-based settlements solution for the telecom industry, in anticipation of 5G network services. KPMG announced the partnership and product plans in an official blog post on July 16. As per the report,...
Posted On 20 Jul 2019

Chiliz to Provide Official Crypto of Football Club AS Rome via Socios

News Italian football club AS Roma will join blockchain-based voting platform Socios through a partnership with sports and entertainment blockchain firm Chiliz. In an official announcement published on July 19, Chiliz revealed that AS Roma is joining Socios, a sports platform powered by Chiliz, in order to...
Posted On 20 Jul 2019

Indian Minister: No Official Ban on Cryptocurrencies in India Yet

News India’s Minister of State for Finance Anurag Thakur has said that there is no law in India expressly prohibiting the use of cryptocurrencies. Local media outlet Inc42 reported Thakur’s statement on July 19, The statement came during a recent exchange between a Member of Parliament (MP) and Thakur inside of...
Posted On 20 Jul 2019

Energy Company E.ON Files Blockchain Patent for Data Analytics Device

News Energy network company E.ON has filed a patent application for a blockchain-based data collector with the European Patent Office. E.ON announced the patent filing on the company’s website on July 19. As per the announcement, the device in question makes use of sensors to collect user data, which the user...
Posted On 20 Jul 2019

Bitcoin Dominance Growing — What It Could Mean for Altcoins

Analysis Bitcoin (BTC) has more than tripled in 2019, moving from under $4,000 at the start of the year and then topping out at a little under $14,000 in June. In the earlier part of 2019, altcoins seemed to be performing strongly, with many calling the trend “altseason.” However, since Bitcoin began its 2019...
Posted On 19 Jul 2019