China has been secretly developing a blockchain platform; here are the details

Xi Jinping, president of China has declared that his nation requires to ‘seize the opportunities presented by blockchain technology.’ The Chinese leader, in a speech in 2019, said blockchain was a ‘significant breakthrough in independent innovation of core technologies.’ As an outcome of that speech, blockchain was hoisted as a national priority for China, among…

Does Amazon hint at allowing crypto payments in the future?

Andy Jassy, CEO of Amazon, believes in the power of digital cryptocurrencies. However, the company is not likely to begin acknowledging cryptocurrencies on its retail platform anytime soon.  Amazon’s CEO said he doesn’t have Bitcoin himself in his first letter to shareholders. He further added that shortly, there is no probability of adding crypto as…

Kerala firm to accept payment in crypto

Athey Nallatha, a Kerala-based startup that sells fusion pickles to global as well as domestic clientele, becomes the first firm in the state which is ready to accept crypto for its payments. The startup claimed that it is also the 7th company in the country to enter into crypto-based transactions. The firm started its payment…

Walmart is looking for someone to develop crypto products

Walmart is on the quest to hire a new senior director to develop new digital currency products possibly including crypto payments. The stance reflects a similar interest shown by Walmart’s known competitor Amazon, which intends to hire someone to head up crypto products. The new Walmart senior director position holder will act as the company’s…

Amazon to Hire Blockchain Professional for Payment Team

Amazon, the worldwide e-commerce firm’s current job posting suggested that Amazon is in a quest for a blockchain product and digital currency head for its payment team. A vacancy post by Amazon mentioned that its Payment Acceptance and Experience team is in search of an experienced product leader to create the company’s Digital Currency and…

Amazon is searching DeFi experienced blockchain staffers

According to a job advertisement posted for Blockchain Head of Product, Amazon is looking for staff with experience in decentralized finance (DeFi). The advertisement also mentions experience in Decentralized Finance is a plus along with a basic knowledge of Hyperledger Fabric and Ethereum. The ad further stated that the candidate will have a track record…

Turkey planning wider crypto regulations; no intent to ban

Last week Turkey’s Central Bank imposed a ban on the use of crypto assets in payment. This eventually affected the prices of cryptocurrency assets and Bitcoin. On Friday, Sahap Kavcioglu, Governor of Central Bank said that the Finance Ministry of Turkey is working on creating broader regulations in terms of cryptocurrencies. He further added that…