"Big Four" auditing and accountancy firm PwC has accepted its first ever payment in cryptocurrency. According to a report by The Wall Street Journal, out today, the firm's Hong Kong office indicated that it accepted the payment in relation to its work with local companies working with cryptocurrencies and blockchain technology. The transaction...
Two Japanese companies listed on the Tokyo Stock Exchange have recently expanded their cryptocurrency operations into South Korea. One has partnered with a local company to launch a bitcoin exchange with a plan to add merchant services. The other held an ICO to develop a crypto exchange after launching...
https://www.youtube.com/watch?v=Kzr1eJdtvc4&t=2s By J.S. Khalsa San Jose, California November 11, 2017 San Jose, CA - Serial entrepreneur and philanthropist Gyanendra Khadka announced today his first decentralized travel eco system with end to end travel solutions, XcelTrip, with an effective launch date of November 11th, 2017. Conceived as an “online travel aggregator with a human touch,”...
Cryptocurrency exchange Binance, which launched with 0% trading fees in an attempt to heat up competition among exchanges, recently announces its Q1 results and revealed that, as planned in its whitepaper, it burned 986,000 Binance Coins (BNB), worth about $1.5 million. These, the exchange revealed, equaled 20% of its profits. The exchange’s whitepaper details...
Japan-based financial services firm SBI Group has announced its plans to establish several new businesses based on digital currency. The group is simultaneously developing eight businesses including hedge fund management, mining, and a derivatives market. Group president and chief executive officer (CEO) Yoshitaka Kitao explained their plans at the company’s earnings results...
Vietnam’s central bank, State Bank of Vietnam has declared the use of digital currencies in the country as illegal. The central bank also announced that it will impose a fine on anyone caught utilizing the cryptocurrencies starting early 2018. Based on the new monetary law issued by the bank that is scheduled...
Indonesia-based Bitcoin payment platforms TokoBitcoin and BitBayar have reportedly shut down their operations following the announcement by the country’s central bank, Bank of Indonesia, that it will not accept Bitcoin as a form of payment. The operation of Bitcoin exchanges in the country, however, was not affected by the pronouncement. BitBayar, which is the...
Recently during an interview with Bloomberg, an official of Monetary Authority of Singapore (MAS), which serves as the central bank and financial regulator of Singapore, said that MAS has no plans of regulating cryptocurrencies. The central bank will keep “an open mind,” though the official also stated the necessity of...
Indian Bitcoin exchange Zebpay is adding 200,000 users a month and is eyeing half a mln by the end of 2017. In an interview with Forbes India, the exchange, which is one of the country’s ‘big names’ in Bitcoin along with Unocoin and Coinsecure, described recent market transformation as “crazy.” “It is crazy now. But when we started...
A Japanese national cryptocurrency will allow its finance sector to “use data to create new value” not possible with traditional setups. This is according to comments from Mitsubishi UFJ Financial Group (MUFG) CEO Nobuyuki Hirano, who is also chairman of the Japanese Bankers Association. Speaking at a news conference Thursday, Hirano said the...