China passed a new law on cryptography October 26. The new law will take effect on January 1, 2020, reported Xinhuanet.
The cryptography law aims to set standards for the utilization…
Facebook is facing a lot of pressure even before the launch of Libra next year. Recently, Mark Zuckerberg said the digital currency will not be launched until the US regulators…
The economic slowdown caused the Thai government to give away money to citizens to spur the economy.
The government launched the “Chim, Shop, Chai” (Eat, Shop, Spend) campaign. Thai citizens that…
One of the biggest crypto exchange operators in Thailand recently shut down after five years of operations. Many cast doubts on the news of the shutdown because this company has…
PayPal Withdraw from Libra
PayPal has withdrawn from the Libra Association and as a result, other founding members are beginning to show signs of hesitation when it comes to signing on…
Six Japanese Firms Form Association
Six Japanese firms form an association called the Security Token Offering (STO) in Tokyo. The members of the association are Nomura Securities, Rakuten Securities, SBI Securities,…
Facebook is famous for its “move fast and break things” ethos. Today, CEO Mark Zuckerberg, however, wants Facebook to “look before you leap”, especially when it comes to virtual reality (VR)…
By Jordan Hutuw on Unsplash
Traditional financial systems have been challenged by “new players” who are not in the financial market as we know it. An excellent example of one such…
People’s Bank of China has apparently decided which companies and entities will get to first use China’s Central Bank Digital Currency (CBDC), and the short list includes online retail giant…