Blockchain, the technology that underpins digital currencies like bitcoin, is much hyped for its potential application in mainstream finance and beyond. IHS Markit CEO Lance Uggla tells BI “there’s a good chance” that blockchain “will be adopted in many marketplaces for many asset classes in the future.”
GLOBAL fintech group Ayondo on Monday made its debut on the Singapore Exchange’s (SGX) Catalist board at S$0.24 apiece – marking the first fintech company to be listed on the Singapore bourse.
Hackers have shut down key computer systems in the US city of Atlanta, Georgia and are demanding $51,000 in Bitcoin to reenable the affected systems, Fortune reports today, March 23.
The CLOUD Act (Clarifying Lawful Overseas Use of Data Act) — a contentious last minute addition to the $1.3 trln federal spending bill that will allow the US government more access to Americans’ data for law enforcement purposes, as well as foreign governments access to US companies for data on their own citizens — has been signed into law by President Donald Trump, GeekWire reports March 23.
The Canadian province of Quebec has temporarily put a halt to the development of new cryptocurrency mining operations.
The governor of Tennessee has signed a bill that legally recognizes blockchain data and smart contracts under state law.
Ex-NFL player Evan Mathis, a member of the Broncos when they won the Super Bowl 50, is auctioning a $3.5 mln Mickey Mantle baseball card and is prepared to accept Bitcoin as payment, the AP reported yesterday, March 24.
___
Disclaimer. This article/email is for informational purposes and should not be considered investment advice. Statements and financial information on Nami web/email and Nami related sites do not necessarily reflect the opinion of Nami and should not be construed as an endorsement or recommendation to buy, sell or hold.
While we aim at providing you all important information that we could obtain that may include certain information taken from exchanges and other sources from around the world, readers should do their own research before taking any actions and carry full responsibility for their decisions.Trading and investing in digital assets like cryptocurrencies is highly speculative and comes with many risks. Past performance is not necessarily indicative of future results.
Nami may provide links to third-party websites, including social networking websites. Since we do not control third-party sites and are not responsible for any information you may provide while on such sites, we encourage you to read the privacy policies on those websites before providing any of your information on such sites.