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The Central Banks of Kenya and Swaziland have recently made statements pertaining to cryptocurrencies, with Kenya’s central bank indicating that the nation’s financial regulatory bodies will meet at the start of next year to discuss cryptocurrency regulations, and Swaziland’s central bank stating that it does not wish to inhibit innovation in the nascent industry. In other central bank news, the Reserve Bank of Australia (RBA) has addressed cryptocurrencies during a recent parliamentary committee testimony on taxation.
After a bumpy roll-out and widespread criticism regarding the project’s supposed secrecy, Bitcoin Gold’s development team has taken to daily updates in an effort to help push the project along.
Even while multiple news outlets report India’s government readying to close cryptocurrency exchanges, its population continues to make steady progress in adopting bitcoin.
Coinbase’s Global Digital Asset Exchange (GDAX) released its Digital Assets Framework, an answer to clients urging more cryptocurrency choices. The popular institutional exchange is attempting to meet demand while sifting through an initial coin offering (ICO) market numbering in the hundreds and valued in the billions.
The State Bank of India is gearing up to implement blockchain solutions in a number of financial processes including the management of its Know Your Customer (KYC) system.
BTCC chief executive Bobby Lee does not think China currently has any plans to ease its hostile stance on domestic bitcoin exchanges, nor does he intend to reverse his support for the controversial SegWit2x hard fork that is scheduled to activate this month.
Asian Market Update – Friday: Bitcoin Remains Above $7,000, President Donald Trump nominated Jerome Powell to run the Federal Reserve
The combination of blockchain and artificial intelligence could bring significant improvements to a healthcare sector plagued by interoperability problems and big data analytics shortfalls, says IBM Watson Health Chief Science Officer Shahram Ebadollahi.
