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China’s DCEP digital yuan wraps up another mass test

Now renamed e-CNY, China’s new digital yuan has now been tested by 250,000 shoppers in two cities. Is it finally close to launch?
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Janet Yellen clarifies stance, notes ‘benefits of cryptocurrencies and other digital assets’

In written testimony, the US Treasury Secretary-nominee calls digital assets ‘fintech innovations’ and pledges to ‘encourage their use for legitimate activities.’
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Special series: blockchain, Covid-19 and the future of healthcare | Prologue

Over the next few weeks, Forkast.News will publish a special 5-part series on blockchain’s growing role in the global battle against Covid. Here is an overview.
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How blockchain technology can help revive air travel | Part 1

In Part 1 of a special series on blockchain, Covid and healthcare, Forkast.News examines how the technology fosters greater trust in traveler health records.
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Biden halts FinCEN’s proposed crypto wallet reporting rules

On his first day in office, President Biden put a freeze on all new or pending Trump-era rules, including rules for crypto, and asked for a review.
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Biden’s American Rescue Plan. Crypto’s regulatory outlook in 2021. How not to lose your bitcoin password (don’t ask Stefan Thomas).

Other top blockchain and cryptocurrency news: Twitter’s blue sky initiative. In China, Conflux Network wins another government deal.
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Treasury pick Janet Yellen: Crypto crimes are ‘particular concern’

In her Senate confirmation hearing, the US Treasury secretary nominee and bitcoin critic also decried crypto’s role in money laundering and terrorism.
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How blockchain can usher in new era in crypto regulatory compliance

When it comes to issues over crypto regulations and compliance, answers could be found in blockchain technology, writes Rachid Ajaja of AllianceBlock.
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MIT professor Gary Gensler is chosen to lead US SEC

President-elect Joe Biden has named the former CTFC chief to lead the SEC. What does this mean for Ripple and other crypto firms?
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Binance’s CZ on bitcoin prices: Is crypto in a bubble or bull run?

Is bitcoin’s volatility worrisome or normal? Binance’s CEO offers bitcoin predictions and insights for 2021, in an exclusive interview with Forkast.News.
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What are the secrets of the most successful blockchain startups?

Why do some blockchain startups prosper and others fail? A industry expert shares insights and advice for blockchain business success in 2021 and beyond.
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Big waves at SEC: Chief enforcer v. Ripple XRP is out. Is Gary Gensler new SEC chair? Elon Musk’s bitcoin flirtations.

Other top blockchain and cryptocurrency news: WhatsApp refugees swarm Signal. Bakkt to go public via SPAC. China tests out new DCEP digital yuan e-card.
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SEC enforcer behind $1.3 billion Ripple lawsuit stepping down

Securities and Exchange Commission’s acting enforcement chief Marc Berger helped lead high-profile lawsuits against crypto firms, including Ripple and Telegram.
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Tale of two nations: How China and US diverge on blockchain policies

China is investing heavily in blockchain technology in government, dwarfing US levels. Forkast.News examines the growing gap and the paths forward.
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New 2021 bitcoin price report forecasts risks and opportunities

What is bitcoin’s true value, and what are its longer-term price projections? New AAX analysis ‘Bitcoin in 2021’ offers investors a look beyond the horizon.
Hester Peirce Word on the Block Forkast.News

SEC commissioner Hester Peirce says enforcement is never good way to provide clarity

In her first public remarks since the SEC’s lawsuit against Ripple and exclusive interview with Forkast.News Editor-in-Chief Angie Lau, SEC commissioner and “Crypto Mom” Hester Peirce says the SEC can do better on clarity and that enforcement isn’t always the best way to provide guidance
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New year brings new crypto actions from FinCEN, OCC and IRS

New US government rules and guidance aim to boost cryptocurrency taxes, clarify legal liability related to STABLE Act and require more KYC reporting.
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China tests new phone-free DCEP e-RMB card for helping rural poor

As China presses its digital currency closer to launch, a Shanghai test reveals features aimed at the 700 million Chinese without mobile phones or the internet.
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Bitcoin and ethereum prices roar into new year. Ripple XRP fans petition White House for mercy from SEC charges.

Other top blockchain and cryptocurrency news: China intensifies DCEP digital currency testing while Russia, Ukraine and Turkey join global CBDC race.
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Why crypto’s decentralized exchanges will continue their rise in 2021

Do you trust third parties with your finances? Alex Zha of MXC Exchange explains the benefits of decentralized exchanges (DEX) and problems that remain.
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Bitcoin turns 12: three key moments in life of world’s first crypto

To celebrate bitcoin’s birthday this weekend, let’s raise a glass to Satoshi Nakamoto and take a look back at how their baby has grown.
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China’s 5 hottest blockchain developments in 2020

With DCEP nearing launch, China is having a banner year in blockchain-related technologies. Here’s what’s hot in China and what’s too hot to touch.
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DeFi explained: The guide to decentralized finance

What is DeFi and how does it work? What are its benefits and risks? Forkast.News explains everything you need to know about one of the hottest, most lucrative and controversial crypto trends.
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Looking ahead: 5 predictions for crypto and blockchain in 2021

What will be hot in blockchain next year, and what will be the curveballs? Forkast.News consults top industry leaders and thinkers to bring you a crystal ball.
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Bitcoin became respectable this year. Will it go mainstream in 2021?

Covid’s chaos spurred systemic changes in global finance, a need for a hedge and bitcoin’s dramatic reputational shift, writes Tim Bos of ShareRing.
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Crypto Santa’s naughty and nice list for Christmas 2020

Who in blockchain is making the world a better place this year, and who deserves nothing under the tree? Santa’s helpers at Forkast.News tell all.
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Year in Review: 5 biggest blockchain and crypto stories of 2020

Here are the hottest blockchain news and trends that dominated Forkast.News headlines over the past 12 months. Let the countdown to 2021 begin!
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A CBDC for Indonesia would bridge the old world with the new

Bank Indonesia now sees the value of stablecoins and digital currency. Here’s how a central bank-backed digital rupiah could lift the nation of 18,000 islands.
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SEC Plans to Sue Ripple for Securities Violations: Reports

In interviews, the Ripple CEO told Fortune and the Wall Street Journal that the SEC plans to sue the company in the near future for offering unlicensed securities.
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Top 3 predictions about bitcoin and other cryptos in 2021

What can bitcoin and other cryptocurrency investors expect in 2021? Here are three emerging trends that could reshape the crypto world.
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How global fragmentation is holding back blockchain’s progress

To bridge regulatory and technical gaps, World Economic Forum and Global Blockchain Business Council join forces to promote global blockchain standards.
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Crypto exchange Coinbase is officially going public

As 2020’s bitcoin bull run surges ever higher, Coinbase — America’s largest crypto company — files for an IPO with the SEC.
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Hong Kong may be first global ‘sandbox’ for China’s DCEP digital yuan

Hong Kong is in talks to pilot-test China’s new digital currency. How would the e-CNY affect Hong Kong’s future cross-border payments with the mainland?
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What’s next for Ethereum 2.0 after the Beacon Chain?

Eth2 will run in parallel with Ethereum 1 for now. For how much longer, and will this affect ether inflation and block rewards? Konstantin Richter of Blockdaemon explains.
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Bitcoin surges past $21,000 after more big investors buy in. Singapore’s DBS bank backs crypto exchange. Will Sweden switch to CBDC?

Other top blockchain and cryptocurrency news: Fine art goes digital with NFTs. Hong Kong in talks to pilot test China’s DCEP digital yuan.
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What is the mood of India when it comes to cryptocurrencies?

Now that India no longer has a crypto banking ban, what are Indian attitudes toward cryptocurrency? CoinDCX surveys 11,000 people for answers.
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Joe Lubin and other prominent crypto leaders decry the STABLE Act

Ethereum co-founder Joe Lubin and blockchain investor Alex Tapscott tell Forkast.News that the stablecoin bill aimed at Libra/Diem and Tether could have broader repercussions on the blockchain industry.
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Visa hops on USDC’s Eth2 wagon. China flexes DCEP digital currency in biggest test yet. Will US tighten Libra/Diem’s tether?

Other top blockchain and cryptocurrency news: S&P Dow Jones to launch crypto index. Walmart invests big in India’s PhonePe.
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China widens DCEP digital yuan tests, advancing global ambitions

In biggest test yet of China’s CBDC, 100,000 Suzhou residents will use e-RMB for holiday shopping. Hong Kong is also now laying groundwork for future.
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Proposed US law would require stablecoins to be 1:1 dollar-backed

Are American lawmakers going after Facebook’s Libra, now called Diem? Controversial Tether may be the real target of new stablecoin-restraining bill.
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The ultimate guide to crypto holiday gift shopping for 2020

What to buy for loved ones who already have it all? Here’s the Forkast.News guide to blockchain-inspired gifts that will please even the most discerning.
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S&P Dow Jones is adding cryptocurrency indices in 2021

Days after bitcoin broke its all-time high price, S&P Dow Jones announces that it will offer new cryptocurrency index products starting next year.
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BlockFi and Visa launch bitcoin rewards credit card. Libra rebrands as Diem. Are investors like Guggenheim fueling BTC prices?

Other top blockchain and cryptocurrency news: Bank of International Settlements considers stablecoins. China sends PlusToken scam ringleaders to prison.
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Ethereum’s big transformation arrives with launch of Ethereum 2.0

Coinbase and Huobi now support Eth2 staking as the ‘Beacon Chain’ heart of the new platform goes live. What will happens to users of Ethereum 1.0?
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Why cloud computing puts companies at risk of hacks and data breaches

As the world relies ever more on cloud servers, security gaps are widening, too. Confidential computing can bolster cyber security, writes Amit Ghosh of R3.
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Was China Construction Bank’s $3 billion blockchain bond doomed from the start?

Beijing put a stop this week to Fusang’s China Construction Bank bond listing on the Ethereum blockchain. What was the Chinese government afraid of?
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Ethereum 2.0 set for launch. Bitcoin hits record highs as Wall Street chief remains meh. Stellar hosts ARST and BRLT stablecoins.

Other top blockchain and cryptocurrency news: After BitMEX, are more CFTC crackdowns coming soon? China frees OKEx founder, exchange to resume services.
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Ethereum 2.0 now set for December launch after early lukewarm reception

ETH 2.0 raises over $300 million from over 16,300 participants, putting it on track for release next week after whales make big investments in the last minute.
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What are the SEC and OCC’s thoughts on digital asset regulations?

An all-star panel of top cryptocurrency policymakers and other blockchain experts explain the US regulatory system for digital assets and what lies ahead.
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Why DeFi is here to stay and its takeover in finance inevitable

Decentralized digital access to financial services like cryptocurrency trading, lending and borrowing is the wave of the future, writes James Wo of ETC Labs
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Is China trying to put its cryptocurrency industry out of business?

After crackdowns on crypto exchanges, China is now freezing bank accounts. Why is the world’s largest bitcoin producer tightening the vise over its miners?
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After BitMEX, will CFTC go after more crypto exchanges and DeFi?

CFTC cracked down hard on BitMEX. Forkast.News investigates what other cryptocurrency exchanges, if any, might be next in its line of enforcement fire.
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Online salon with Filecoin to explore future of cloud storage and Web 3.0

Forkast.News and Decrypt Media host an exclusive live video discussion with the Filecoin team to explore the next frontier in cloud storage
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OECD shines light on the future of cryptocurrency taxation

As nations grapple with fitting cryptocurrency into existing tax regimes, OECD examines the crypto tax gaps and issues at its blockchain forum this week.
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Bitcoin soars to new highs as Bitcoin Cash hard forks into two. Tron blows past Ethereum.

Other top blockchain and cryptocurrency news: Ethereum 2.0’s pre-launch hits turbulence. China taps Lakala for DCEP digital yuan’s payment system.
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Bitcoin prices soar to new heights, approaching historic 2017 levels

A push past $18,000 means bitcoin prices could reach all-time highs — but this time, without shady ICOs driving demand. Forkast.News analyzes why.
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Hedera Hashgraph provides provenance for data from Syrian war

Hedera’s platform will help Hala Systems store evidence of war crimes in Syria and Yemen on the blockchain for future prosecution of those responsible
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Everything you want to know about Bitcoin, Ethereum and DeFi for 2021

What is BTC’s price forecast, and will ‘Ethereum killers’ succeed? A brain trust of 30 experts mines the biggest cryptocurrency questions for answers.
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China’s OKEx crackdown is a warning shot to other crypto exchanges

Cryptocurrency exchanges flying flags of convenience is sure to annoy China’s regulators and may no longer be a viable business strategy.
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Is DeFi’s breathtaking rise just like the ICO bubble?

DeFi’s explosive gains in 2020 may look like the 2017 ICO craze all over again. But Chyna Qu of DeFiner explains why the two are very different.
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Thailand’s ‘crypto cold season’ makes for a land of frowns

Thailand once marketed itself as a cryptocurrency frontier market and an alternative to Hong Kong and Singapore. What happened?
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Ep. 38 | What Biden’s victory means for crypto. Bitcoin rides new wave. Ethereum 2.0 revs for launch.

Other top blockchain and cryptocurrency news: Will TRUMP crypto losers get second chance? Hong Kong to regulate cryptocurrency exchanges.
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Why cybersecurity will be DeFi and blockchain’s next big challenge

DeFi’s explosive growth may be the cryptocurrency world’s biggest story in 2020. But is the industry ignoring risks and cybersecurity gaps?
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How blockchain can reduce global warming via carbon credit investments

Can tokenizing investments in carbon trading help the world achieve Paris Agreement goals? Stefan Rust of Sonic Capital explains in a Forkast.News Q&A.
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DeFi is slowing, but crypto and bitcoin prices may end year a winner

Trading volume on decentralized exchanges has slowed, but BTC prices and cryptocurrency market cap are at all-time highs. Is this 2017 all over again?
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Hong Kong’s new crypto exchange laws will be embraced—with VPNs

Hong Kong SFC lays out plan to regulate cryptocurrency exchanges to allow only institutional money. But retail users likely won’t be deterred.
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Why China pulled the rug and Ant Group’s historic IPO stumbled

After regulators intervened, Chinese fintech giant Ant Group will now return billions to investors over its withdrawn IPO. Did Jack Ma say something wrong?
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Ep. 37 | JPMorgan’s JPM Coin goes live. ConsenSys fueling CBDCs worldwide. Is DBS Bank planning a cryptocurrency exchange?

Other top blockchain and cryptocurrency news: Bitcoin paper’s 12th anniversary. New Huawei phone has DCEP wallet. FDA on blockchain and food safety.
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On election night, TRUMP and BIDEN tokens put crypto futures to test

Political betting markets are nothing new, but 2020’s is taking on a cryptocurrency twist. Which candidate is winning the crypto futures market?
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Hong Kong and now Australia heating up global digital currency race

China’s DCEP digital yuan and new US interest in digital dollar are fueling sense of urgency on CBDCs — as blockchain firm ConsenSys paves the way.
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Cryptocurrency’s carbon footprint is massive and not sustainable

Bitcoin and crypto mining now use more energy than some nations. To help lead fintech into a greener future, Ripple pledges to be carbon net-zero by 2030.
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Conflux launches Tethys mainnet in China with government thumbs up

Conflux Network enjoys special government status in some parts of China— and now it’s ready for mainnet launch.

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