Cryptocurrency news in August 2020
The cryptocurrency news collection here is drawn from online coverage of crypto, digital currency and related technologies, and their applications, reported online in the month of August 2020.
The cryptocurrency news items listed are the headlines; each crypto news headline is linked to the original news article behind that crypto headline, allowing you to gain an at-a-glance understanding of recent digital currency news, and also to instantly read those cryptocurrency-related articles that interest you the most.
Our monthly cryptocurrency news collections are drawn from Startup News Asia’s daily startup news updates, which cover technology news from across 17 primary locations across Asia and the Indo-Pacific.
- ICYMI: Minsc simplified programming language unveiled, making it easier for developers to create smart contracts to build into bitcoin wallets and other apps
- A look at how Ukraine, and Eastern Europe, are ripe for crypto adoption: As a hedge against abusive states, unpredictable monetary policy and censorship
- ICYMI: The US Library of Congress maintains a jurisdiction-by-jurisdication listing of cryptocurrency regulations around the world
- ICYMI: Rally launches Creator Coin cryptocurrency, aiming to aid influencers, content creators and streamers run their own virtual economies
- A CBDC [central bank digital currency] could be designed in such a way that it has all the same properties as physical cash, and there are no AML obligations on cash
- ICYMI: 3 of Switzerland’s crypto companies complete first-ever automated Bitcoin transaction that meets anti-money laundering standards
- Cryptocurrency and digital currency news from July, a month-end round-up on Startup News Asia
- A primer on what’s meant by a ‘51% attack’ on blockchain and cryptocurrency mining systems
- China: Over $50BN in cryptocurrency found by Chainalysis to have moved from in-country digital wallets to other parts of the world in the last year, much of it via Tether stablecoin
- China: Over 20 crypto mining farms stripped of electricity perks, including China Telecom branch and Bitmain subsidiaries, due to concealment of mining activities
- A look at how Ukraine, and Eastern Europe, are ripe for crypto adoption: As a hedge against abusive states, unpredictable monetary policy and censorship
- ICYMI: US Federal Reserve Bank of Boston partners Massachusetts Institute of Technology for research on digital currency oriented to central bank use
- Digital Currencies: Public and Private, Present and Future report available to download from DBS Corporate Banking
- South Korea: Bitbit Group launches cryptocurrency payment pilot project for Busan’s Haeundae Beach System, allowing payments for water sports, life jackets and more
- South Korea: Coinbit, the country’s 3rd-largest cryptocurrency exchange, reportedly seized by police over allegations it has faked most of its trading volume
- Philippines: Central bank creates committee to look at feasibility and policy implications of issuing its own digital currency, with initial study results expected September
- Philippines: Securities regulator red-flags several digital currency Ponzi schemes, cautioning investors on unauthorized schemes and operators
- China: “…Alipay and Tencent’s WeChat Pay control the majority of the digital payments across the whole country while banks have been left far behind in the ongoing competition”
- China: Dodo decentralized finance startup secures $600K
- South Korea: Seongnam city expands blockchain-backed payments with issuance of digital gift certificates for cash, check cards, and mobile cards for use at 45K locations
In Other news
Other subject-specific news from across South and Southeast Asia and the Indo-Pacific region:
• Blockchain news across Asia-Pacific
• Artificial Intelligence news, Asia
• Cybersecurity and data security news
Asia’s tech news, daily
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