UK economic secretary commits to make country a crypto hub under new PM
“We want to become the country of choice for those looking to create, innovate and build in the crypto space," said MP Richard Fuller. Richard Fuller, the Economic Secretary to the Treasury, said the government wants the United Kingdom to be the “dominant global hub for crypto technologies.”In a parliamentary debate on crypto asset regulation in the U.K. on Wednesday, Fuller spoke in favor of “powerful” use cases for cryptocurrency and blockchain technology, including using distributed ledger technology for customs and international trade and storing medical records on the blockchain.....
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India’s economic affairs secretary, Ajay Seth, has provided an update on what the Indian government is doing in terms of finalizing cryptocurrency legislation. He expects crypto regulation to be discussed at the upcoming G20 meeting for finance ministers and central bank governors.
Economic Affairs Secretary Discusses Cryptocurrency Regulation in India
India’s economic affairs secretary, Ajay Seth, reportedly shared the progress of cryptocurrency legislation in India in an interview with PTI, published Friday.
A cryptocurrency bill was listed to be....
India’s economic affairs secretary has reportedly revealed that the government’s consultation paper on cryptocurrency is “fairly ready.” He explained that the Indian government is looking at “a global paradigm on digital assets,” emphasizing that “There has to be a broad framework on which all economies have to be together.”
Economic Affairs Secretary Ajay Seth on Crypto
Indian Economic Affairs Secretary Ajay Seth provided an update Monday on the government’s progress to establish India’s crypto....
Contrary to popular belief, having more developers does not make things go any faster by default. It is not overly difficult to come across a controversial topic in the Bitcoin world these days. A new Reddit discussion erupted over the number of people actively contributing to Bitcoin Core development. The team claims roughly 100 people are involved, yet only 30 made actual commits last month. But does it even matter in the end, as long as there is progress? It has become apparent the Bitcoin community sometimes nitpicks about the strangest things. Granted, Bitcoin Core claiming to have....
Wechat Secretary, a virtual concierge and purchasing agent, now accepts Bitcoin for its concierge services. The service allows expats in China to make purchases from Taobao, the biggest e-commerce store in the world, Alibaba and cTrip. The company even accepts bitcoins to create and fund an Alipay account for customers who wish to purchase items in China without the use of an agent. As David Lancashire, a founder of Wechat Secretary says, "This is the equivalent of being able to deposit bitcoin into the Chinese version of PayPal." Wechat Secretary can set you up with airport concierge....
The rate of adoption of mobile money and bitcoin is increasing in the Philippines, driving the country towards a cashless economy. The Asian countries have exhibited tremendous economic growth in the past few years. While China and India make the icing on the cake, Philippines is right around the corner. As the country’s economy grows, adoption of latest technology in the economic sector should also grow hand-in-hand. In order to keep up with the technological advancements, while ensuring the benefit of the masses, the country is slowly inching towards a cashless society. The country’s....