The year 2020 has been monumental for the blockchain sector, especially in regards to financial market. Listed below are enterprise blockchain trends seen in 2020 that can drive mainstream adoption of blockchain moving forward. Tokenization will drive the internet of value “The Internet of Value” is a term coined by Don Tapscott, Tapscott gave a TED Talk…

Major Indian financial institutions, including State Bank of India, ICICI Bank, HDFC Bank and Yes Bank, are now allowing customers to use their accounts for crypto trading and offering various facilities to crypto exchanges, according to The Economic Times. “Banks earlier took a cautious approach even after the Supreme Court…

Some experts believe it will be difficult for the country to tax crypto because there’s no regulation in place for crypto dealings. While India is yet to release its crypto regulation, an earlier report suggests that the country may regulate crypto as commodities. Experts believe that the tax authorities may…

Sumera Shams, a member of the Provincial Khyber Pakhtunkhwa Assembly announced on 2 December the decision by the province’s parliament to legalize crypto trading and mining. “Khyber Pakhtunkhwa’s Assembly anonymously passed my resolution on Cryptocurrency & Cryptomining. It was addressed to the chief minister of the Khyber Pakhtunkhwa province. Only…

The United States could soon be one of the first countries making stablecoins illegal. In order for users to be able to handle stablecoins, crypto exchanges and companies would have to receive government approval. …

The “King” of the credit card industry, Visa, has partnered with Circle to use USDC on Ethereum. USDC was developed by Circle, a company that specializes in digital payments. Though users trade crypto and make payments using the Circle app, the Visa partnership will focus its efforts on USDC. This…

According to Reuters, the German finance minister Olaf Scholz wants Europe to move faster with developing a working digital currency product. “On the digital euro, I think we should work very hard. should be able to decide at any time that now we should do something with a digital euro. …

The long-awaited digital currency Libra could finally see the light of day as soon as January 2021, according to a new report. Following more than a year of scrutiny from global financial regulators, Libra will launch in the form of a U.S. dollar-backed digital currency, the Financial Times reported on…

Previously, South Africa’s crypto space was left virtually unregulated, but the wording of the new regulation suggests a much harder line on crypto activities going forward. This proposal aims to bring all crypto trading and investment activities in the country under its close supervision. …