UK-Based Crypto Exchange Launches Litecoin Derivatives Contracts
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UK-Based Crypto Exchange Launches Litecoin Derivatives Contracts

Crypto Facilities, a UK-based crypto futures exchange, has announced that it will launch LTC (Litecoin) derivatives this Friday. The new contracts dominated by US dollars, will offer both short and long trading terms along with weekly, monthly, and quarterly maturities. Furthermore, unlike already existing BTC (Bitcoin) futures contracts on futures...
Japanese Village to Launch Country's First Municipal ICO
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Japanese Village to Launch Country’s First Municipal ICO

A Japanese village has announced that it is going to launch an ICO (Initial Coin Offering) to secure funds to create a sustainable region. This is the first time a municipality in Japan has decided to raise funds using a token sale. Nishiawakura Village is located in the southern part...
Cryptocurrency Not Scalable Enough to Replace Fiat, Claims BIS Report
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Cryptocurrency Not Scalable Enough to Replace Fiat, Claims BIS Report

The BIS (Bank of International Settlements), a financial institution run by world’s central banks, questioned the scalability of cryptocurrency in its newly published document yesterday. The article titled “Cryptocurrencies: Looking Beyond the Hype” explains the history behind the blockchain technology and analyzes its future prospects. The release of this document...
Hollywood Actor Kurt Russell to Star in a Cryptocurrency Movie
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Hollywood Actor Kurt Russell to Star in a Cryptocurrency Movie

An upcoming indie movie on cryptocurrencies is going to have Kurt Russell starring with a number of other performers. The movie, titled Crypto, will feature famous Hollywood actors like Kurt Russell, Alexis Bledel, Luke Hemsworth, and Jeremie Harris, to name a few. The Hollywood Reporter reports that the movie, directed...
Thailand SEC to Approve 5 ICOs Later This Month
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Thailand SEC to Approve 5 ICOs Later This Month

Securities regulator in Thailand is expected to approve 5 initial coin offerings (ICOs) this month. The Thailand Securities and Exchange Commission (SEC) has made it public that five ICOs in the country seeking regulatory approval could get approved later this month. The SEC explained that despite having 50 ICOs in...
Former US FDIC Chair: The Fed Should Consider Issuing a CBDC
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Former US FDIC Chair: The Fed Should Consider Issuing a CBD & Hemp

The former chair of the US FDIC (Federal Deposit Insurance Corporation) stressed that the Federal should seriously consider its own cryptocurrency now, in an op-ed last week. Sheila Bair, the former head of the U.S. Federal Deposit Insurance Corporation (FDIC) emphasized the need for the Federal to consider the prospects...
Software Giant SAP Rolls Out Blockchain Service Platform
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Software Giant SAP Rolls Out Blockchain Service Platform

Software multinational enterprise SAP has announced the launch of its cloud platform aimed at helping corporates develop their blockchain-based applications and networks. SAP Leonardo Blockchain, a blockchain-as-a-service platform, was launched on Wednesday, June 6, at an SAP event. The official announcement by SAP notes that the cloud-based solution will provide...
Dutch Central Bank: Blockchain Not Sufficiently Efficient
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Dutch Central Bank: Blockchain Not Sufficiently Efficient

The blockchain doesn’t prove to be a beneficial addition to the already existing payment system in the Netherlands, says the Dutch central bank. However, the bank agrees the future of blockchain looks quite ‘promising’. In a blog post published May 7, De Nederlandsche Bank (DSC) concluded that the blockchain or...
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