Monday , November 28 2022
Home / Tag Archives: Society

Tag Archives: Society

Mark Zuckerberg Shares His Vision for New Decade but Doesn’t Mention Libra

Facebook’s CEO Mark Zuckerberg unveiled his vision for 2030, but also a whole bunch of decade-end aims for his social media Goliath, including an extensive “opportunity” for Facebook to “decentralize” finance and business.He wrote in a post:“Over the next decade, we hope to build the commerce and payments tools so that every small business has easy access to the same technology that previously only big companies have had.”As the reader could further see, in this vision are included Instagram...

Read More »

Turkey’s Capital Markets Board Will Put Pressure on Bitcoin

The issue of regulation for Bitcoin in Turkey is believed to be just a matter of time. Turkish regulators, the Capital Markets Board, want to take a deep look into what cryptocurrency exchanges are doing. The risks of regulating this industry are big, but the government will try to control everything. Despite the cash is as useful among criminals as cryptocurrencies, the regulators want to impose hardcore checks on crypto transactions taking place in Turkey.Considering the anonymous nature of...

Read More »

Burger King Partners Cryptobuyer and Enables Crypto Payments in Venezuela

Merchants in Venezuela are turning to adopt cryptocurrencies amidst the ongoing economic crisis in the country. The latest reports suggest that burger giant Burger King is now accepting cryptocurrency payments in Venezuela.For this, Burger King has partnered with Panama-based Cryptobuyer to accept payments in digital currencies. Thus, Cryptobuyer will now act as the payment gateway for Burger King’s clientele. Reports suggest that the first trial of this partnership took place last week on...

Read More »

Russian Central Bank Tests New Kinds of Stablecoins

The Russian Central Bank is testing stablecoins, which are backed by real assets. The testing is to occur within a regulatory sandbox that functions based on certain regulations. The Russian Central bank disclosed this recently when the Chairman Elvira Niabullina said:“We test stablecoins in our regulatory “sandbox.” Companies come that want to issue tokens secured by some real assets. We in the “sandbox” look at how they can work, but we do not assume that they will function as a means of...

Read More »

Thailand to Integrate Blockchain-Powered e-Visa for Better Security

Thailand, one of the most-visited countries in the world announced it plans to soon apply blockchain to its Electronic Visa On Arrival (eVOA).Every international traveler is pretty much aware that one of the parts of traveling means unfortunately endless forms, applications to be submitted, and countless checkpoints.Visa paperwork, customs controls, pre-boarding security checkpoints and even hotel passport controls – the same information is checked numerous times and for what? Of course, we...

Read More »

Justin Sun Promises to Commit $1 Million to Greta Thunberg Initiative

The head of Tron Foundation Justin Sun publicly announced on Wednesday that he is going to grant $1 million to the young Swedish activist Greta Thunberg’s attempts to raise global awareness of climate change.Sun’s announcement came as a response to last week’s COP25 UN climate conference in Madrid that ended with no deal on carbon markets. The negotiations are postponed until next year when countries will have to come up with more ambitious goals to cut greenhouse gas emissions, in order to...

Read More »

Indian Uber’s Rival Ola Signs Up 10,000 Drivers amid Its Launch in London

Ola Cabs, an Indian transportation network company that provides peer-to-peer ridesharing, ride service hailing, taxi, and food delivery and serves more than 125 million drivers across 250 cities, is continuing its global expansion. The company has already expanded to Australia and New Zealand. In 2018, it started operating in the UK, across South Wales and the South West of England. In 2020, Ola is set to launch in London.Amid this launch, Ola has already signed up 10,000 drivers in London....

Read More »

Deutsche Bank’s Imagine 2030 Report Shows Crypto to Replace Fiat in the Next Decade

Cryptocurrencies continue to make strong inroads in the global economy as even the global governments and banks have started experimenting with crypto assets. In its latest report dubbed Imagine 2030, Deutsche Bank analyst Jim Reid said that cryptocurrencies will dominate and replace fiat currencies over the next decade. With economic uncertainty brewing up all across the globe, Reid believes that government-backed fiat currencies won’t be sustainable. He said that there is a surge in demand...

Read More »

Central Bank of France Is Ready to Test Its Digital Currency in 2020

As cryptocurrency adoption continues to spread all over the world, several entities including corporate organizations and governments are gradually catching the crypto bug. Based on a report from a French financial media platform Les Echos, France has now joined a list of countries that have shown interest in the crypto sector and have taken it a step further with a decision to float their own digital currency. France will now test its crypto sometime in the first quarter of next year.During...

Read More »

Bakkt CEO Kelly Loeffler Picked for U.S. Senate Seat

United States Governor from Georgia Brian Kemp on Wednesday officially appointed Bakkt CEO Kelly Loeffler to the U.S. Senate, where she will succeed current Senator Johnny Isakson.Some media already reported on Friday that Kemp was considering Loeffler and today it is confirmed that she will take office on January 1, 2020. Even though Isakson’s term ends in January 2023, Loeffler will have to run for election next year if she plans to serve past January 2021.Loeffler, a Republican, was...

Read More »