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“# Indian start-up organization proposes regulatory framework for crypto ” IndiaTech.org, an industry association representing India’s consumer internet startups and investors, is backing wants to provide clear definitions for the cryptocurrency industry. On Wednesday, the association released a white paper including a policy proposal with recommendations for a regulatory framework for crypto-assets and crypto exchanges in…
“# Deep tech: Why C-suite execs are pursuing blockchain ” Blockchain is seen as a major area of interest by enterprises looking to invest in deep tech solutions, a new report suggests. An industry-wide survey conducted by quantum computing firm Seeqc revealed that 67% of executive decision-makers feared falling behind competitors when it comes to…
“# PayPal says its crypto efforts are producing ‘really great results’ on earnings call ” During PayPal’s Quarter 1 2021 investor update call, president and CEO, Dan Schulman said digital assets had performed strongly for the company and that he believes crypto and central bank digital currencies will be a driving force in forging “a…
“# US banks to allow Bitcoin trading in 2021, says NYDIG execs ” The era of American banks regarding cryptocurrencies as anathema might be coming to an end. According to a report by CNBC on Wednesday, New Digital Investment Group has inked a partnership with fintech staple Fidelity National Information Services to provide a framework…
“# Employer paid worker in crypto, then demanded it back when price rose ” A United States-based business development specialist has claimed that a company that paid them for contract work using cryptocurrency now wants them to return the tokens following a significant rally in the asset’s price. According to a letter sent to Quentin…
“# Ebay exploring crypto payment options and NFT auctions ” Major online marketplace eBay will be pursuing crypto payment options for its customers as well as exploring ways to introduce nonfungible tokens to the platform. In an interview with CNBC today, eBay CEO Jamie Iannone said the company would “continue to look” at payment options…
“# Nas brags about Coinbase and crypto wealth in new track with DJ Khaled ” American rapper and cryptocurrency investor Nasir Jones, better known by his stage name Nas, has invited fans to join the cryptocurrency industry in a newly released track. Released last week, “Sorry Not Sorry” features a collaboration with DJ Khaled, Jay-Z…
“# Ethereum co-founder Vitalik Buterin becomes billionaire as Ether hits $3K ” Vitalik Buterin, a co-founder of the world’s most popular smart contract platform, the Ethereum blockchain, has officially become a crypto billionaire. Buterin’s public Ether address that he described as his main wallet back in 2018, has hit $1 billion on its balance following…
“# Mass adoption of blockchain tech is possible, and education is the key ” Blockchain technology is one of the most promising technologies of our times, and the core concept of it is really simple. Essentially, it is a public ledger or database, and I think that public education about what blockchain actually is can…
“# Impact of crypto still years out, T. Rowe Price’s head says ” Although the crypto space has been around for more than a decade, William Stromberg, CEO of mainstream investment management outfit T. Rowe Price, thinks the asset class is still finding its sea legs. “It’s early days,” Stromberg told the Baltimore Business Journal…