• Binance sues Forbes
    Cryptocurrencies,  Media,  Regulation

    Binance sues Forbes, journalists over allegations of deceiving U.S. regulators

    The largest cryptocurrency exchange took issue with an article saying Binance.US was set up to enable it to avoid American anti-money-laundering laws

    The story in question, “Leaked ‘Tai Chi’ Document Reveals Binance’s Elaborate Scheme To Evade Bitcoin Regulators,” claimed that Binance set up American crypto exchange Binance.US as a way to “intentionally deceive regulators and surreptitiously profit from crypto investors in the United States.”

  • China's renmimbi looks like this right now (via Pixabay).
    Asia & Australia

    China ready to launch central bank cryptocurrency

    Facebook loses out to Chinese tech giants Alibaba and Tencent, which will join major banks in distributing the new digital asset

    Forbes’ Michael del Castillo reported on August 27 that the national bank’s digital currency will be a permissioned blockchain controlled by the central bank, and is intended to replace the bills and coins used in daily transactions rather than the renminbi itself.

  • Blockchain project jobs
    Innovators,  Media,  Technology

    Forbes 50 list of top companies using blockchain released

    Only three “pure” blockchain companies made the list of the $1 billion-plus firms

    Forbes on Tuesday announced its inaugural Forbes 50 list of large companies leading the way in developing and using blockchain technology. The list has a notable lack of “pure” blockchain firms. In fact, there are just three—blockchain hardware and software maker Bitfury, cryptocurrency exchange Coinbase, and financial blockchain developer Ripple.