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Posts Tagged ‘World’

IMF and World Bank Launch Educational Blockchain Token

The International Monetary Fund (IMF) and the World Bank have launched a crypto token called “Learning Coin” to better understand how blockchain technology works. The two institutions said that the coin would have no monetary value and would not be made openly available, the Financial Times reported Saturday. To support the token, the IMF and the World…

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Report: China Leading World in Blockchain Projects

China is reportedly leading the world in the number of blockchain projects currently underway in the country, Chinese English-language news daily China.org.cn reports on April 2. Citing a report by Blockdata, China.org.cn states that there are 263 blockchain-related projects in China, accounting for 25 percent of the global total. Li Qilei, the CTO at blockchain…

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Theranos Documentary Introduces World to Tim Draper’s Bitcoin Tie

The new Theranos documentary saw billionaire venture capitalist Tim Draper become the latest Bitcoin figure to take the cryptocurrency to mainstream consumer culture – accidentally. A Different Type Of Bitcoin Pump Draper, who is known within the cryptocurrency industry as an advocate of both Bitcoin and his major investment project Tezos, appeared in an HBO…

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IBM Blockchain World Wire Launches in 72 Countries

Today, International Business Machines Corporation (IBM) announced the launch of IBM Blockchain World Wire in a large selection of markets.  IBM Blockchain World Wire is “a real-time global payments network for regulated financial institutions” from the American multinational information technology company. It has been created with the purpose of optimizing and quickening foreign exchange, cross-border…

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Cryptos ‘Not a Substitute’ for the Yellow Metal, Says World Gold Council

Cryptocurrencies are “no substitute for gold,” according to the World Gold Council (WGC). The WGC, a market development organization for the gold industry, published the report late last month, arguing that gold is “very different” from cryptocurrencies. It’s less volatile, has a more liquid market and trades in a regulatory environment, among other factors, it…

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Abra’s Non-Custodial Bitcoin Backed Global Investment App is a World First

San Francisco-based Abra just made cryptos more accessible with their global investment app. Lowering the Barrier for Investors One of the greatest complaints that people have when it comes to cryptocurrency is usability. Well, San Francisco-based Abra just made cryptos more accessible with their global investment app. The investment app lets anyone invest in traditional…

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Users Are Passing a Bitcoin ‘Lightning Torch’ Payment Around the World

A new, decidedly social feature on the Bitcoin Lightning Network is gaining popularity this week after one user set up cryptocurrency’s answer to the Olympic flame. Lightning Torch Reaches 2.3M Satoshis Dubbed ‘Lightning Torch,’ the initiative involves passing a lightning payment between nodes, with each receiving user adding 10,000 satoshis ($0.34) and passing on to…

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How Countries Have Been Classifying Crypto Across the World

On Jan. 23, the United Kingdom’s Financial Conduct Authority’s (FCA), the domestic financial regulator, released a 50-page-long consultation paper dubbed “Guidance on Cryptoassets.” As the U.K. seems to be moving closer toward rolling out a definitive regulatory framework, it is time to reassess how other crypto markets, specifically the major ones, are dealing with cryptocurrencies…

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