Thai Central Bank Taps Cement Company for First Digital Currency Payments
- Details
- Published: Sunday, 21 June 2020 14:41

The Bank of Thailand is developing a prototype payments system which would rely on a central bank digital currency (CBDC).
The Bank of Thailand is developing a prototype payments system which would rely on a central bank digital currency (CBDC).
China’s Center for Information and Industry Development has revised its cryptocurrency project rankings. Thirty-seven crypto projects were evaluated overall and in three sub-categories. Bitcoin has risen while the top three spots remained occupied by EOS, Tron, and Ethereum.
The cryptocurrency bitcoin is trading at an all-time high relative to its social activity, explains the crypto research firm Tie. The analysts at Tie believe the ratio indicates that bitcoin is being driven by institutional trading. Meanwhile, statistics from Google Trends shows the terms “bitcoin” and “buy bitcoin” dropped from the 100 point highs to 65 on June 14, 2020.
The National Bank of Cambodia revealed the technical details of its upcoming blockchain-based payments system dubbed ‘Project Bakong’ this week.
A number of venture capitalists and macro investors believe bitcoin’s price will break out soon following suit with gold’s recent climactic rise. Dan Tapeiro, cofounder of Gold Bullion International, thinks that $4.6 trillion in cash sitting on the sidelines right now, could very well flow into precious metals and crypto-asset markets. Moreover, other investors have noted that bitcoin is following the same trend silver did in 12 years ago.
Whale alert reports that a so-called whale has transferred the equivalent of $2.24 billion in bitcoin for less than $7.
According to John Bolton’s new book ‘The Room Where It Happened’, Trump was against Bitcoin long before his July 2019 Twitter tirade.
There has been some confusion over whether India will ban cryptocurrency, including bitcoin, following recent reports of a note being circulated by the government. News.Bitcoin.com interviewed executives of five cryptocurrency exchange platforms in India to find out the truth about the news.
The Drug Enforcement Administration (DEA) failed to adequately police its undercover agents’ handling of cryptocurrency, even years after one of its agents stole $700,000 in bitcoin in 2015, according to a new report from the U.S. Department of Justice’s Office of the Inspector General (IG).
Former Mt. Gox CEO Mark Karpeles insists that the 80,000 Bitcoin that Dr. Wright claims were stolen from the exchange, citing expert support.