Payments

Romania Drafts Bill to Regulate Electronic Money

| Muyao Shen

Romania has drafted an emergency ordinance to regulate cryptocurrency issuing.

Blockstream Launches Tokenized Assets Tool on Liquid Sidechain

| Madeline Meng Shi

Blockstream unveiled a new feature that allows users to create custom tokenized assets secured on its Liquid sidechain.

Korea’s Oldest Mileage Program May Convert Cash Points to Crypto

| Wolfie Zhao

The company behind OK Cashbag, the oldest mileage point program in South Korea, is mulling a plan to convert cash points into cryptocurrency.

decryption, enigma

‘Secret Contracts’ Developer Engima Launches Test Blockchain

| Nikhilesh De

A built-from-scratch blockchain aiming to enable private contracts between users has officially entered testing. 

CoinJar Bitcoin Wallet Interview

Startup Raises $600K to Build Bitcoin Cash Mobile Wallet

| Madeline Meng Shi

CoinText.io,a blockchain startup developing a way of conducting offline bitcoin cash transactions, closed a $600,000 seed funding round.

Alibaba Seeks to Eliminate Middlemen in Blockchain Payments Patent

| Wolfie Zhao

A new patent filing reveals Chinese e-commerce giant has been exploring the use of blockchain technology to speed up international payments.

Fred Ehrsam

Coinbase CEO Unveils Crypto Charity for the Unbanked

| Madeline Meng Shi

Coinbase CEO and co-founder Brian Armstrong wants to help the unbanked access financial services with a new charity, GiveCrypto.org.

Chat App Kik Launches ‘Crypto-Economy’ With Kin Token Integration

| Nikhilesh De

Messaging app Kik's users can now begin earning and spending its kin token with the launch of its "crypto-economy," the company said Wednesday.

Congress

US Senators Discuss Crypto Threat to Domestic Elections

| Nikhilesh De and Madeline Meng Shi

DarkTower director Scott Dueweke said cryptocurrencies are "tailor made" for foreign powers hoping to influence American elections.

AlipayHK Opens Blockchain Remittance Corridor to the Philippines

| Wolfie Zhao

The payment affiliate of China's e-commerce giant Alibaba has launched a blockchain-based remittance service between Hong Kong and the Philippines.