The enhanced Payment Services Act passed yesterday requires any entity that facilitates the transmission, exchange, or storage of digital payment tokens (DPT) — otherwise known as cryptocurrencies — to be licensed. Such virtual payment providers will be subject to expanded rules and regulations imposed by the Monetary Authority of Singapore (MAS), as the Transport Minister Ong Ye Kung said in […]

Hong Kong police are searching for robbers who lured a trader into a meeting on Monday and stole cash and bitcoin before pushing him out of a car. The criminals tricked the 37-year-old man into a meeting outside a hotel in North Point on Monday, where two men arrived in a car to pick up the victim, the South China […]

There was a strong surge in Ethereum price above the $900 and $1,000 levels. ETH price broke the $1,100 level and settled well above the 100 hourly simple moving average. A new multi-month high was formed near $1,160 before the price corrected lower sharply. The main resistance is now forming near $1,120, above which, ether price might rally significantly. If ethereum fails to clear […]

Ukraine is working on building its own national digital currency. The country’s government announced that it is bringing in the Stellar Development Foundation to build the central bank digital currency (CBDC). The two parties have signed a memorandum to this effect, the announcement stated. The project will be executed through the Ministry of Digital Transformation and Information Technology. A minister […]

Mate Tokay, Bitcoin.com’s former CEO, is taking legal action against a small-cap crypto he advised for reportedly failing to pay him 37.5 million BRG tokens worth $525,000. Tokay claims that he was never paid for his services, despite the project using his name for recognition to attract investment for Bridge.link’s $8 million initial exchange offering three months ago. He adds […]

Bitcoin price is expected to take advantage of the money outflow from the gold market, says JPMorgan. One of the world’s leading investment banks mentioned in a note that the long-term price target of Bitcoin stands at around $146,000. JPMorgan strategist Nikolaos Panigirtzoglou wrote in a note that the Bitcoin price would be able to get benefits of money outflows […]

The era of smart cities is upon us, and during Sir Anthony Ritossa’s 13th Global Family Office Investment Summit in Dubai, two of the leading minds in the Bitcoin ecosystem discussed how the Bitcoin SV blockchain is reshaping how we think about and live in the cities of the future. The Ritossa Summit took place earlier in December, bringing together […]

Crypto exchange platform OKEx has announced the launch of its OKExChain mainnet with 10 million OKT tokens available for early adopters. According to an announcement, the project was three years in development, spanning 10 testnet versions. The mainnet deployment will proceed along four stages with the current epoch being the Genesis phase lasting two weeks until Jan. 13, 2021. As […]

Plus500, an online contracts for differences (CFDs) broker announced today that its former CEO and current Managing Director Gal Haber has notified the Board about his intention to step down. Haber will be stepping down from his position of MD and Director of Board with immediate effect. According to the official announcement, the former CEO played an important role in […]