Nigerian Banking Regulator Warns Bitcoin’s Disintermediation Is a ‘Critical Concern’

More from: | CoinTelegraph | 0 The director and chief executive of the Nigeria Deposit Insurance Corporation (NDIC) has expressed concerns about cryptocurrencies and disintermediation, English-language Nigerian news outlet The Sun reported Dec. 12. Disintermediation is when consumers begin investing directly in markets, rather than through intermediates like banks. The... Read more

UAE Central Bank, Saudi Arabia to Develop Joint Cryptocurrency for Interbank Transactions

More from: | CoinTelegraph | 0 The United Arab Emirates’ (UAE) central bank is collaborating with the Saudi Arabian Monetary Authority (SAMA) to issue a cryptocurrency accepted in cross-border transactions between the two countries. English-language Dubai-based media outlet GulfNews reported on this collaboration on Dec. 12. Mubarak Rashed Al Mansouri,... Read more

Ukraine's Former Prime Minister Proposes to Tackle Corruption Using Blockchain

More from: | CoinTelegraph | 0 Ukraine’s former prime minister Yulia Tymoshenko, who is currently running a presidential campaign for the March 2019 elections, wants to tackle corruption using blockchain, according to a recent Facebook post from Sunday, Dec. 9. Tymoshenko dedicated her post to International Anti-Corruption Day, stating that... Read more

Spanish Ruling Party to Introduce Regulation on Blockchain, Crypto

More from: | CoinTelegraph | 0 Spanish ruling party Partido Popular (PP) will introduce a draft bill on cryptocurrencies and blockchain regulation in a few days, local newspaper La Vanguardia reported Dec. 10. The publication reported that PP’s secretary Teodoro Garcia Egea announced the decision during the opening ceremony of... Read more

Vitalik Buterin: Proof-of-Stake, Sharding to Make Blockchains ‘1,000x’ More Efficient

More from: | CoinTelegraph | 0 Ethereum (ETH) co-founder Vitalik Buterin declared that future blockchains with sharding based on proof-of-stake (PoS) will be “thousands of times more efficient” in a lengthy Twitter thread posted on Dec. 10. In the long series of tweets, Buterin addressed non-financial applications of blockchain technology.... Read more

Coinone Exchange Launches Cross-Border Payments App With Ripple Tech

More from: | Coindesk | 0 South Korea-based crypto exchange Coinone has officially launched Cross – a remittance app utilizing Ripple’s xCurrent product to facilitate speedy cross-border payments. Ripple announced Monday that Coinone’s payments subsidiary, Coinone Transfer, is now formally releasing the app – which has been under development for months –... Read more

Samsung Dismisses Galaxy S10 Crypto Wallet Reports as ‘Rumor and Speculation’

More from: | CoinTelegraph | 0 Samsung has refuted rumors that it has plans to offer a cryptocurrency cold wallet on its Galaxy S10 smartphone, in comments to Cointelegraph Dec. 11. The Korean-headquartered transnational tech conglomerate had recently filed three E.U. trademarks for blockchain- and cryptocurrency-software Dec. 10. As reported... Read more