Thailand’s tourism agency is looking to introduce cryptocurrency into the tourism industry, as part of its plans to attract international tourist crypto holders. Thai Tourism Agency Targets Japanese Crypto Travelers According to the Bangkok Post on Friday (Feb. 19, 2021), the Tourism Authority of Thailand (TAT), under the country’s Ministry of Tourism and Sports, is planning to take advantage of […]

This week, transaction fees on the Ethereum blockchain grew to a level that made the decentralized applications (dapp) operating atop it practically unusable. In some cases, transferring as little as $5 across the second-largest public chain started costing as high as $300. With no choice left, many of the dapp developers decided to run the same operations on a rivaling […]

Another week in 2021, another few historic moments for Bitcoin. Last week saw a $1.5 billion investment in BTC by Tesla and Mastercard’s announcement that it would be accepting Bitcoin on its network. This week, BTC crossed through the $50,000 mark for the first time, and held levels above $50K for most of the week. The move past $50K has […]

Analysts at American investment bank JPMorgan Chase have delivered another skeptical statement on Bitcoin (BTC), arguing that its current price is much higher than its fair value. In a regular memo for investors, JPMorgan argued that cryptocurrencies like Bitcoin are an “economic side show” and the poorest hedge against a decline in equity prices, Reuters reports Friday. The analysts said […]

IDEMIA, a France-based augmented identity company, announced today that it has formed a corporate partnership with Fintech Australia to provide key support for Fintech Australia’s events and community activities. The Australian trade organization plans to expand the country’s fintech ecosystem. According to the official press release, IDEMIA will use its resources including research and development (R&D) to facilitate Australia’s fintech […]

London-headquartered INFINOX, an FX and CFDs broker, announced on Friday the hiring of Michael O’Sullivan as its Head of Technology. He will be stationed in London and will focus on ramping up the broker’s product offering and strengthens its trading infrastructure. His appointment came after the broker closed the year with $553 billion in trading volumes, which is a 61 […]

The Indian government is reportedly looking to ramp up measures to tax digital currency, in a move that would see two separate taxes levied against digital currency transactions. The measures would apply from the 2020-21 tax year, and are expected to be brought in by a circular, according to reports from sources close to the country’s finance ministry. It comes […]

Cryptocurrency exchange Coincheck has announced that it will be the first Japanese company to plant a flag in The Sandbox gaming multiverse. Coincheck is one of the largest digital currency exchange platforms in Japan, with over 2.25 million users, and one of the first exchanges to secure Japan’s Financial Services Agency (FSA) criteria for licensing. The Sandbox, a subsidiary of […]

Binance Coin (BNB), a cryptocurrency issued by the world’s largest crypto exchange Binance, has hit a major historical milestone, becoming the third-largest coin by market capitalization for the first time in history. At the time of writing, BNB’s market cap stands at $38 billion, outstripping the biggest stablecoin Tether (USDT) by about $5 billion, according to data from crypto tracking […]