Wednesday, February 24, 2016

Dubai Gov Incubator Creates Blockchain Council, Plans Projects for Commodities, Kraken Bitcoin Exchange

The Dubai Museum of the Future Foundation, a government incubator of innovative technologies, says that it is establishing a Global Blockchain Council to explore current and future applications of blockchain technology. The council will examine the implications of the technology on...

China’s Central Bank Governor Says Digital Currencies Will Replace Cash, Regulated as Legal Tender

The governor of the People's Bank of China, Zhou Xiaochuan, said in an interview that digital currencies will inevitably replace cash, but they will be regulated if used as legal tender. Zhou noted that the...