• Market Cap: $266b

  • Jan 24, 2021

The blockchain is a decentralized system with a distributed open ledger that is publicly accessible, and its copy is stored on millions of computer systems. Blockchain became popular with the inception of cryptocurrencies like Bitcoin. However, it is important to note that blockchain's utility is not limited to cryptocurrency. Discover such systems in this news section.

Bitcoin-Friendly Gary Gensler Set to Become SEC Chairman Under Biden Administration

Former Chairman of the CFTC, Gary Gensler, set to head the U.S Securities and Exchanges Commission (SEC0, Reuters reports. Gensler is a well-known cryptocurrency and blockchain technology activist, having taught a course on “block...

Italian Banking Association Rolls Out Digital Euro Pilot; Testing For Technical Feasibility

The Italian Banking Association (ABI) will conduct digital euro tests to evaluate the technical feasibility of a blockchain-based digital currency.

U.S OCC Gives Green Light for Banks to Use Stablecoins & Public Blockchains for Settlements

The U.S Office of the Comptroller of Currency (OCC) has issued an interpretive letter that allows banks to leverage stablecoins and independent node verification networks (INVNs) in their operations.

Chinese Blockchain Infrastructure Provider, BSN, Integrates Polkadot To Its Service

Chinese Blockchain provider offering Blockchain-based services (BSN) integrates Polkadot, a cross-chain protocol, into its network.

Crypto Browser Brave Reaches Milestone Of 20 Million Monthly Users

The Brave crypto browser has received widespread acceptance and downloads in the web browser industry, as the platform has hit 20 million users per month.

The New York Department of Financial Services (NYDFS) Invites Digital Asset Firms to a 'TechSprint' to Digitize Reporting Process

The New York Department of Financial Services (NYDFS) has invited several digital asset firms for a 'TechSprint' aimed at digitizing the process of submitting regulatory reports by these digital asset firms.

China's Digital Currency (DCEP) to be Tested on Japanese Toy Vending Machines

China is currently at the forefront of the development of a national digital currency, where it has already completed the development of the digital asset and is currently in a testing phase of the digital yuan.

Bank of Thailand Issued $1.6B in Government Savings Bonds Using IBM's Blockchain Solution

The Thailand government is quite progressive when it comes to adopting nascent technology like blockchain, which is evident from its recently announced blockchain program for government bonds' issuance.

Binance.US Joins Chicago DeFi Alliance to Foster the Development of Decentralized Finance

Up and coming United States-based crypto exchanged, Binance.US, is the latest to become a member of an alliance that focuses on decentralized finance or DeFi.

BitMEX Sets Up Blockstream's Bitcoin Satellite System to Verify Transactions Without the Internet

One of the globe’s most popular crypto derivatives exchanges, BitMEX, has announced the installation of a Blockstream Bitcoin Satellite System, which will operate a node without the need for an internet connection.