Will India be left behind in the digital currency race?
India is moving toward banning all cryptocurrency and creating a state-backed digital rupee. But Tesla’s big bitcoin buy-in may be giving lawmakers pause.
Tesla drives bitcoin to the moon. Ripple XRP finds love in Japan. First Boulevard partners with Visa.
Other top blockchain and crypto news: ETH hits new high with CME Ethereum futures. DeFi yawns at YFI attack. China steps up DCEP digital yuan tests.
Is the Tesla-inspired bitcoin gold rush the sign of a rational market?
Before Tesla’s bitcoin moves, big money was already placing BTC bets. What are bitcoin’s long-term fundamentals? Geoff Morphy of Bitfarms explains.
China’s BSN will add CasperLabs’s proof-of-stake blockchain to its network
Casper Network goes big on its ‘first of many’ expansion ambitions in Asia by receiving the nod to join both BSN China and BSN International.
How crypto forensics traced $32 million worth of ‘lost’ bitcoin
Is cryptocurrency use totally private and anonymous? Think again. The Cubits/Dooga case shows just how easy it is to trace bitcoin compared to fiat.
China’s blockchain network at new milestone with open permissioned chains
Tai’an and WenChang chains join BSN China’s ‘Open Permissioned Blockchain Initiative’ as nation grows its blockchain network while maintaining controls.
GameStop sinks as ETH hits all-time high. Ray Dalio weighs in on crypto. Elon Musk, bitcoin’s new warrior.
Other top blockchain and cryptocurrency news: India pushes CBDC and proposes banning crypto. Korea’s DeFi future. How does Bitmain’s drama end?
As SEC goes after Ripple and Bitcoiin2Gen, is DeFi next in its line of fire?
Securities lawyers read the tea leaves of SEC’s lawsuits against Ripple XRP and Bitcoiin2Gen. Will DeFi be next for SEC enforcement actions or regulations?
Facebook-backed Diem, now close to launch, is propelling crypto into the mainstream
Formerly named Libra, the Diem stablecoin is now awaiting regulatory approval, writes Ilia Maksimenka of PlasmaPay. What are Diem’s odds of success?
74% of stablecoins are issued on Ethereum, according to new report
ConsenSys Codefi’s 4Q 2020 report on DeFi trends also predicts more ‘wrapped’ tokens, tranche lending products and Ethereum 2.0 derivatives in 2021.
Tether prosecution delayed again. Bitcoin’s false ‘double-spend’ rumors. Brave sends 24 million users to Web 3.0 via IPFS.
Other top blockchain and cryptocurrency news: BIS touts digital currencies. China’s blockchain network to add CBDCs as payment option.
Bitcoin and other crypto trends to watch in 2021
How high will bitcoin prices go — and will 2021 be the year of the bitcoin ETF and advanced crypto derivatives? Jay Hao of OKEx looks to the future.
Singapore’s DBS bank becomes first in Asia to offer crypto exchange
As bitcoin and other digital assets go mainstream, traditional banks want a piece of the action. Singapore’s crypto-friendly regulations are paving the way.
Cardano’s Hoskinson wants to win over Fortune 500 companies
Comparing countries like Ethiopia to ‘China in the 80s,’ Charles Hoskinson of IOHK explains Cardano’s Africa strategy and why the Fortune 500 needs crypto.
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?
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.
OKEx’s Jay Hao expects ‘more amazing developments from DeFi’ in 2021
OKEx CEO speaks candidly on how 2020 was difficult for his crypto exchange, and offers his predictions for DeFi, regulations and CBDCs in year to come.
Bitcoin is ‘better form of value’ than fiat, says Binance CEO CZ
In a special video interview, Binance CEO CZ also explains why — despite DeFi’s spectacular rise up to now — he thinks many current DeFi projects will fail.
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.
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.
‘Crypto Mom’ Hester Peirce calls for more regulatory coordination
In an exclusive interview, the SEC Commissioner shares her thinking on digital assets, DeFi and wanting her agency to ‘do better’ in the crypto space.
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.
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.
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.
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.
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.
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.
Urszula McCormack of King & Wood Mallesons: data regulation will be a challenge for the virtual asset sector
In this edition of Forkast Forecasts, the financial regulatory lawyer and partner at King & Wood Mallesons offers her views on digital assets regulation, CBDCs and Asia’s digital transformation.
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.
Diginex’s Richard Byworth: Crypto borrowing and lending to increase 10-fold
In this edition of Forkast Forecasts, Diginex’s CEO offers his views on CBDC initiatives, crypto custody, and more growth in borrowing, lending of digital assets in the upcoming year.
CoinDCX’s Sumit Gupta on CBDCs, regulation and India’s potential for crypto in 2021
In this edition of Forkast Forecasts, the co-founder and CEO of CoinDCX offers his views on the growth of crypto in India, regulation and CBDCs.
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.
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!
World Economic Forum’s Sheila Warren expects ‘tremendous activity’ on China’s digital currency in 2021
In this edition of Forkast Forecasts, the head of Blockchain, Data and Digital Assets and member of the Executive Committee of the World Economic Forum shares her views on sovereign digital currencies, and the global regulatory landscape.
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.
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.
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.
Blockchain Research Institute’s Alex Tapscott on stablecoins, DeFi and more
In this edition of Forkast Forecasts, the bestselling author offers his views on crypto regulations, DeFi’s rise and digital assets becoming mainstream.
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.
Why DeFi needs better KYC to curb money laundering
Despite anti-money laundering (AML) laws, many DeFi sites have weak know-your-customer practices. Experts point to BitMEX as a cautionary tale.
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.
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.
How blockchain is painting a brighter future for art in a Covid world
Blockchain crowdfunding, tokenized ownership and NFTs are creating new opportunities for artists and museums in a time of immense financial struggles.
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.
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.
How blockchain can launch more space industry startups into orbit
As space becomes increasingly commercialized, blockchain has the potential to be the backbone of this new economic frontier, says Jeff Garzik of SpaceChain.
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.
Institutional investors blast bitcoin prices to new stratosphere
As bitcoin breaks new records, will its bull run end soon? Here’s why investment pros like Trent Barnes of Zerocap believe there’s still more wind in BTC’s sail.
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.
Will India face another crypto ban when Parliament is back in session?
India’s cryptocurrency ban rumor mill will surely rev up again when lawmakers meet for winter session. The CEO of Unocoin explains the worries.
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.
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.
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.
Blockchain is now on the front line against climate change
Blockchain technology is spurring more carbon credit trading while lowering costs for young investors to get involved, says Stefan Rust of Sonic Capital, in a special Forkast.News interview.
Will Diginex’s backdoor Nasdaq listing start a crypto industry trend?
Diginex CEO Richard Byworth reveals that world’s largest cryptocurrency companies are now seeking his advice on going public. How did Diginex do it?
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?
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.
2021 may be the year of China’s DCEP and other digital currencies
A big trend now: Central banks exploring digital currencies that are ‘programmable money,’ says Charles d’Haussy of ConsenSys. Should users be concerned?
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.
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.
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.
TALES FROM THE CRYPT: 10 blockchain and Bitcoin horror stories for the ages
Just in time for Halloween, gather ’round for this blood-curdling crypto news flashback that will have you HODLing a blanket. Beware the death grip on Bitcoin wallets!
Why India’s crypto industry needs regulatory clarity more than ever
India is now a vibrant cryptocurrency hub, but its future remains uncertain. Sathvik Viswanath of Unocoin explains what’s holding back the nation of 1.3 billion.
Ep. 36 | Bitcoin prices rise on PayPal cryptocurrency news. US wary of CBDC as China enacts digital currency law for DCEP rollout.
Other top crypto and blockchain news: USDC stablecoin coming to Solana blockchain. Investing in KYC/AML in India.
Chinese tech titan Jack Ma: digital currencies may be wave of future
Poised for historic IPO, Ant Group reveals via patent filings its business strategies for China’s new DCEP digital yuan — including how it would help enforce government regulations
Why DeFi’s exponential growth is not a bubble and will ‘keep soaring’
Risks, bugs and mistakes are a necessary part of DeFi’s evolution — just like the early days of the internet, writes Justin Banon of Boson Protocol
Ep. 35 | Filecoin launch hits miner turbulence. USDC adds Stellar to rely less on Ethereum. Associated Press to publish US elections data on blockchain.
Other top news: OKEx cryptocurrency exchange freezes services amid police investigation. Investors bet $100 million on ‘neobank’ Razorpay in India
Why blockchain and crypto regulations are ‘necessary evil’ for US and Europe
Regulatory finesse toward cryptocurrency and DeFi will spur investment while not stifling innovation, says Alex Tapscott of Blockchain Research Institute
Blockchain and Space Law 3.0: How smart contracts can help govern the moon and outer space
As nations and private firms venture farther into the galaxy, blockchain and distributed ledger technology could help enforce rules and resolve conflicts.
Ep. 34 | Square buys $50 million worth of bitcoin. Google Cloud bets on EOS blockchain. CBDCs ramp up around the world.
Other top news: China accelerates digital currency testing with 50,000 e-RMB ‘red packets.’ Hong Kong as DCEP’s future sandbox. VC in India.
China pushes 50,000 people to spend DCEP right away, in biggest test yet of new digital currency
China advances its new e-RMB closer to launch after distributing to Shenzhen residents 10 million yuan in digital ‘red packets’ that will expire next week
As nations race CBDCs to market, are they repeating mistakes of the past?
Digital currency efforts now mirror global economic rivalries, with China’s DCEP leading the pack. Central banks would be wise to avoid these pitfalls.