Bitcoin is Not a Legal Tender in Zambia

Zambia’s central bank has said that cryptocurrencies like bitcoin aren’t legal tender in the country. The Bank of Zambia (BoZ), responsible for creating and implementing monetary policies for the world’s 105th largest economy, explained their stance against the use of cryptocurrencies in contrast to the growing public interests in the field. The central bank admitted …

Inside the Wall Street Practice that Could Ruin Bitcoin

Note: This is part 3 in a multi-part article series exploring rehypothecation and commingling in bitcoin and other cryptocurrency markets. Part 1 and part 2 are interviews with Caitlin Long and parts 3 and 4 ask the question, “How did we get to a place that where laws look like this?” In order to understand …

Huobi Partners With Korean And Chinese Investors to Support Blockchain Initiatives

Get exclusive analysis and cryptocurrency insights on Hacked.com for just $39 per month. Huobi, the global cryptocurrency exchange, has partnered with NewMargin Capital and Kiwoom Securities Co., Ltd. to start an investment fund to support blockchain enterprises in China and South Korea and encourage cooperation among the enterprises, according to China Money Network. The fund …

Indonesia’s Public And Private Sectors Explore Uses For Blockchain

Join our community of 10 000 traders on Hacked.com for just $39 per month. In Indonesia, a country with 250 million people living across 17,000 islands, both the private and public sectors are actively exploring blockchain technology to overcome challenges managing data for everything from food output to election results to trade financing. The government …