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Bitmain drama escalates with new threats and use of force. Do customers care?

Game of Thrones at the world’s largest bitcoin mining rig maker culminates, in this week’s episode, with a once-exiled company founder storming and seizing back the corporate castle.
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How Congress is learning about blockchain, one bit of bitcoin at a time

Covid stimulus needs and China’s new CBDC have heightened interest in digital assets, but US lawmakers are still trying to make sense of new technologies. In an interview with Forkast.News, Perianne Boring of Chamber of Digital Commerce also discusses prospects for a U.S. digital dollar, and more.

Ep. 15 | Is China’s digital RMB ready for prime time? Making the case for a US CBDC. Blockchain comes to Minecraft.

More top news: China exploring blockchain to cure gaming addiction. LG joins Hedera Hashgraph. Startups in Japan, Singapore and the Philippines.

Chris Giancarlo: digital dollar technology is coming ‘fast and furious.’ Can US seize the CBDC momentum?

Money is part of a nation’s financial infrastructure, and the dollar needs a digital upgrade for this changing world, says Giancarlo, former CFTC chair who now heads the Digital Dollar Project, in an exclusive interview with Forkast.News.

Digital dollar advocates lay out path to a US CBDC

Digital Dollar Project’s new white paper proposes a ‘third format of currency’ that would be interchangeable with paper money while preserving privacy. Is America ready for a government crypto dollar?

Contrarian wisdom on bitcoin mining. Also: how China’s DCEP could shake up the global financial system.

Adam Traidman of BRD discusses CBDCs in an age of intensifying US-China rivalries, and bitcoin halving’s surprising impact on crypto mining and profits.

Ep. 14 | Was that Satoshi? TRON 4.0 gets lukewarm reception. Blockchain Bill of Rights.

More top news: China pours billions into blockchain and other infrastructure. Ant Financial’s new smart contracts. VC in Singapore and India.

As Covid drives the world toward digital assets, what is the outlook for bitcoin and CBDCs?

Digital currencies will become increasingly common in the economy, with CBDCs as an ‘organic gateway.’ Should we worry about user privacy?

Former banker Mike Novogratz is ‘petrified’ of China’s new state-issued cryptocurrency, and ConsenSys’ Joseph Lubin agrees

Two titans of blockchain discuss China’s DCEP, Covid-inspired technology and more with Forkast.News Editor-in-Chief Angie Lau, in video highlights from Ethereal Summit 2020.

China hopes its new digital currency will internationalize the RMB. When might that day come?

China’s new DCEP — the world’s first major central bank digital currency — just piloted in 4 cities. When it is ready for mass use, could it challenge the US dollar’s hegemony in global trade and finance?

What is China’s new CBDC, and what is it not?

The central bank’s cash-like DCEP sets the stage for China’s next-gen financial infrastructure. Will it threaten the US dollar’s global supremacy? A University of Chicago Booth professor explains.

What does ‘universal basic income’ have to do with a digital dollar or a central bank digital currency?

Covid-19’s disruption of global economies could speed up changes to financial systems around the world. Will cash become obsolete?

Ep. 12 | Bitcoin halving elicits yawns. As China trials CBDC, Tim Draper predicts it will bomb. Is NEAR Ethereum’s new killer?

Other top news: TRON snags Covid aid. Free Telegram Open Network. China builds tech talent database. Bitmain’s civil war. Another win for Ripple.

China will soon have its first bachelor’s program in blockchain. Why isn’t the talent-starved industry more excited?

Blockchain education conundrum: China wants blockchain growth, but its tech labor supply “quality” falls short of high employer demands. A Forkast.News exclusive report on a new program in Chengdu and clues to what might be holding China back.

Ep. 11 | Crypto surges before bitcoin halving. China taps SenseTime for CBDC rollout. BitMEX shuts out Japan.

Other top news: IBM’s Covid medical supply network. China now has over 1,000 blockchain firms. Startups in Japan, India and Singapore.

Ep. 10 | Ripple sues YouTube over scam videos. Hong Kong’s first regulator-approved bitcoin fund manager. Hacker messes with dForce.

Other top news: Courier giant YTO forms blockchain logistics lab. 224 more blockchain firms get official thumbs up. VC in Singapore, UK and US.

‘Unsettling limbo’: Covid has paralyzed tech investment. How will startups survive?

Companies are holding off investing in emerging technology not only because of economic turmoil, but also structural biases against meaningful change.

Ep. 9 | U.S. rethinks ‘digital dollar.’ China’s new national blockchain platform. Is Libra now a stronger rival to China’s CBDC?

Other top news: Bitcoin halving frenzy. New Huawei tech zone. Blockchain company busted for defective face masks. VC in Hong Kong and Canada.

As China’s DCEP approaches launch, Facebook’s Libra pivots

This week has been one where big changes came fast and furious on the opposite sides of the central bank digital currency world.  First, alleged screenshots of a mockup of the People’s Bank of China central bank digital currency’s mobile app were published, giving the public a taste of the apparent functionality of the platform […]

Ep. 8 | Reddit crypto awards, Ripple coupling with BoA, blockchain boozes up in China, and more

Also: Dozens of crypto firms sued in 11 class-action lawsuits. Bitcoin mining company Canaan bleeds red ink. Fintech funding in India, and more.

Ep. 7 | Binance buys CoinMarketCap, Toilet Paper Token skunks Bitcoin, China pulls ahead in patent race, and more

Other top news: Blockchain in TV and film. Going Dutch on Covid. Nodle’s new network. BMW tracking auto parts. House rentals in new intelligent city

Why South Korea’s new law against bitcoin and other crypto could damage its DeFi sector

The financial watchdog’s ruling would prevent cash from being loaned out for bitcoin and other cryptocurrency. Forkast.News analyzes its likely impact on the sector.

How China hot-housed a new technology and 35,000 ‘blockchain’ companies bloomed

China is trying to grow its blockchain industry, but are all these startups for real? Forkast.News dives into the data to find the truth behind the numbers.

Ep. 6 | New blockchain arsenal to fight Covid-19, Zoom cancels Facebook, coronavirus wipes out Digital Farms, and more

Other top headlines from around the world: Microsoft wants to power mining with brain waves. Crypto exchanges Huobi and OKEx under fire. China shifts to digitally sweep ancestral graves.

Ep. 5 | U.S. weighs digital dollar, Coinbase top lawyer joins Treasury, and more

In this newsletter and podcast, we bring you top headlines around the world, including: A new proposal to create a digital dollar. Coinbase’s legal chief heading U.S. Treasury. A Bitcoin-Red Cross coronavirus fundraiser in Italy. Universal basic income’s revival. Steem’s hard fork into Hive, and more.

Analysis: Are the ‘digital dollars’ in the $2 trillion stimulus plan the first step toward an American CBDC?

Coronavirus’ impact on the U.S. economy might hasten the creation of a digital dollar.

Is Covid-19 universal basic income’s moment?

Robotics and blockchain will unleash massive job losses as workers struggle to adjust. Should society offer UBI to ease the economic pain?

Ep. 4 | Bitcoin’s wild ride, Robinhood in tough times, Covid-19 hacks Ethereum event

Also: Blockchain voting after the Voatz debacle, IOTA limps back after cyber attack, smart cities in China, and Forkast.News insights to help you make sense of the top headlines.

Can blockchain voting break the cycle of elections fraud in Africa?

A decentralized, digitized and secure voting system could make elections more transparent, honest and trusted. But can blockchain voting also stem violence against voters — and overcome stains from the Voatz debacle?

Is death of the STO an exaggeration – or market reality?

Despite all signs that interest just isn’t there for STOs, and ICOs are too tarnished by scams to be a legitimate investment vehicle, this investor thinks there’s life left in both.

Asia has ‘crypto groove’ – and Korea’s mom and pop shops are helping lead the way

Asia’s blockchain and cryptocurrency projects have more vitality than other regions, says the chairman of the Cardano Foundation. But he also notes the variations within the region. How does Hong Kong differ from Vietnam and Singapore?

Ep. 3 | Top blockchain news on China, France and S. Korea – and a new Ethereum protocol. What’s next for India?

What’s up with South Korea’s new blockchain regulations? And where is bitcoin now legal tender? (Mai oui!) Other headlines around the world: a storm over STEEM, the new Baseline protocol for privacy, HTC’s Exodus 5G Hub, and how the coronavirus has affected blockchain firms in China.

How bitcoin is helping African migrant workers and their families save money

Blockchain technology now offers hope to radically transform the African remittances industry in favor of migrant workers and their families.

India crypto leader calls Supreme Court victory against central bank ‘game changer’ for industry

India’s crypto sector saw a major boost after its Supreme Court ruled to lift a ban on crypto trading, paving the way for more blockchain development.

Crypto has the potential to revitalize India’s economy

The uncertain legal status of cryptocurrencies is under the microscope in India.

Here’s how blockchain can — and can’t — disrupt the world’s telecom industry

In this first article of a three-part Forkast.News series, we will examine how blockchain can — and can’t — disrupt the world’s telecom industry, and take a closer look at where efforts are falling flat.

What does the future hold for blockchain in India?

Blockchain has had an interesting, albeit slightly paradoxical journey in India. On one hand, the technology itself has seen great support from the startup ecosystem as well as the Government. On the other hand, cryptocurrencies have faced huge regulatory hurdles in India, such as the Reserve Bank of India (RBI) issuing a directive to ring-fence regulated entities like banks from the risk of trading virtual assets.

Swiss Bankers Association wants to help blockchain firms do business

The Swiss Bankers Association (SBA) is seeking ways to bridge the traditional financial sector to new blockchain-related industries, including ways to open bank accounts, says said SBA deputy CEO August Benz.

How Swiss banks seek to link traditional finance to blockchain

The Swiss Bankers Association (SBA) is seeking ways to bridge the traditional financial sector to new blockchain-related industries, including ways to open bank accounts, says said SBA deputy CEO August Benz.

‘Crypto Congressman’ ex Rep. Jason Hsu: Taiwan is losing momentum in blockchain

Taiwan’s cryptocurrency evangelist and former congressman says the island is falling behind in STO guidelines, fintech regulations and forming a tech hub.

Could blockchain have prevented the Iowa caucus debacle?

IowaReporterApp developed by Shadow Inc. failed to deliver timely results of the Iowa Democratic caucus. Blockchain-enabled voting systems could mitigate similar mistakes.

Digital commerce leader ‘gravely concerned’ over U.S. losing edge in tech, global reserves

The Chamber of Digital Commerce is “gravely concerned” about how the U.S. Government is addressing technological challenges and opportunities posed by blockchain according to founder and president Perianne Boring. The U.S. could be ceding technological leadership as well as the dollar’s reserve currency status to other nations including China if it does not revamp policies toward emerging blockchain innovation.

Bored by blockchain? China’s tech talent lured to AI, gig economy

Not enough startups and young talent are as gung ho about blockchain as they are about hotter categories such as such as AI, media or the sharing economy.

Q&A with CEOs of Digital Asset & R3: China, US aren’t in tech arms race

After their panel on how blockchain technology is changing the world of finance and enterprise at Hong Kong FinTech Week 2019, Digital Asset cofounder and CEO Yuval Rooz and R3 CEO David Rutter answered follow-up questions.

After China’s digital currency, Indonesia may blueprint its own in 2020

As China’s digital currency is said to be “progressing smoothly,” Indonesia is also working on releasing their own white paper this year, according to Indonesian Blockchain Association cofounder Pandu Sastrowardoyo.

Indonesia’s decentralized island society makes blockchain a must-have | Opinion

Indonesia is a country of 17,508 islands and 260 million people, including 171 million internet users. It’s a huge market, dominated by the digital economy that’s ripe for blockchain disruption.
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Can Hong Kong hold as glue between China and West? HK Exchange is key, says CEO

As protests continue to rock Hong Kong and China’s economy slows, concerns are rising about the Special Administrative Region’s future as Asia’s premier financial hub.

China’s blockchain vision focuses on efficiency, not cryptocurrency

The Chinese government has identified blockchain technology development as an issue of national importance, along with other emerging technologies such as AI, deep learning and IoT. President Xi Jinping has outlined the importance of blockchain technology to China’s industrial maturity, urging continued development so China can lead the way in defining international standards.

Swiss stock exchange SIX wants to democratize digital assets

SIX Digital Exchange’s blockchain-based digital assets platform and distributed central securities depository are designed to democratize investment. The digital exchange platform is a subsidiary of leading Swiss stock exchange SIX.

Switzerland is a blockchain haven, but government lags behind, says Trust Square CEO

Although Switzerland’s Crypto Valley may seek to become a global blockchain hub, its government is too slow to adopt the technology even as Facebook’s Libra incorporates in the country, according to Trust Square cofounder Daniel Gasteiger.

Inside China’s vision to globalize its currency

The central bank’s digital currency efforts, ironically, would give it more control over the economy.

‘China’s developers aren’t most creative,’ but there’s power in numbers to excel

China’s enormous market of 1.4 billion people means there is a large pool of human resources that can drive blockchain development and adoption, especially in the wake of endorsement from President Xi Jinping. Blockshine founder and CEO Layla Dong explains how China’s burgeoning market can boost blockchain development.

China’s blockchain talent is driving an investment boom

Investment in Chinese blockchain projects reached USD$367.7 million in the first half of 2019. Blockchain Global CEO Sam Lee says Baidu, Alibaba and Tencent have fueled a breadth of tech talent.

Hong Kong Exchange chief says city is a springboard for tech, blockchain opportunities

Despite prolonged social and political turmoil a slowing economy and record cash outflows, Hong Kong continues to serve as an important technology and financial hub, says Hong Kong Stock Exchange CEO Charles Li.

Will China’s digital currency disrupt remittances? Not so fast, says TransferWise’s CEO

The PBOC’s new token could wipe out the need for remittance services like TransferWise. But if the eurozone is any foreshadowing, uniting several countries with a single currency is a complicated endeavor.

India vs. the people: The battle over cryptocurrency ownership continues

Public support in India is strong for cryptocurrency ownership. But regulators’ blanket ban may lead to a gray market, increasing the chances of fraud.

Binance’s corporate registration in China lapsed in 2018

The crypto exchange has a presence in China, but not an official registration.
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Food suppliers are adopting tech to meet growing demand for food safety

Startups are aiming to apply blockchain technology to help everyday consumers track the meat they buy at supermarkets back to the source.