Krasimir Buchvarov

Krasimir has been following the development of blockchain technology for several years and is optimistic about its potential. He covers breaking news in the sphere, focusing on innovation, regulation, and the cryptocurrency market.

Nestle and Carrefour to Track Baby Milk With IBM’s Platform

  • In order to boost consumer confidence in their infant milk formula, the two companies will use IBM's Food Trust blockchain platform.
  • Customers can access a range of data on the product's origins and movement by scanning a QR code.

Coinbase’s Visa Card Now Supports 5 More Cryptos in More E.U. Countries

  • The Coinbase Visa Card now supports XRP, BAT, REP, ZRX and XLM.
  • The card enables the exchange's customers to make purchases, anywhere Visa is accepted, with digital currencies through their Coinbase accounts.

Tron Founder Admits Investing in Poloniex

  • Despite previously refuting the rumors, Justin Sun has admitted to being part of the investment group which acquired Poloniex.
  • Sun said that the cryptocurrency exchange will operate independently from his firm, the Tron Foundation.

Telegram Asks Court to Dismiss SEC Lawsuit in New Filing

  • In the filing the messaging app firm has refuted all allegations made by the SEC that its token is a security.
  • The firm further accused the U.S. regulator of engaging in "improper ‘regulation by enforcement’ in this nascent area of the law".

China’s Digital Currency to Have “Controllable Anonymity”

  • Official from China's central bank said that the country is not trying to gain "full control of the information of the general public".
  • He further said that the country's digital currency is developed with the aim of complementing the paper yuan.

Paxos’ New Fiat Gateway to be Used by Binance

  • The new product allows customers to easily swap between fiat currencies and stablecoins.
  • The company has also introduced its Stablecoin Swap service, which lets users swap between stablecoins.

HTC’s New Limited Edition Smartphone Supports Binance Chain

  • The Exodus 1 Binance Edition will integrate its native crypto wallet app with Binance DEX.
  • Soon to be made available on the HTC website, and priced at $599, the phone could be purchased through cryptocurrency.

Bakkt Launches Custody Services for Institutional Clients

  • After receiving the green light from the N.Y. Department of Financial Services, Bakkt opened its custody services to its entire client base.
  • Pantera Capital, Galaxy Digital, and Tagomi have already decided to use the Bakkt Warehouse as their digital asset custodian.

HCM Capital: We Could See China’s Digital Currency in 2-3 Months

  • China has developed a hybrid system, which will allow its CBDC to work on already-established payment and banking infrastructures.
  • China's effort to develop a CBDC has been putting pressure on other countries to develop their own versions.

Singapore’s Central Bank and J.P. Morgan Unveil Payments System

  • The new prototype platform was developed to enable payments denominated in different currencies.
  • Over 40 financial and non-financial companies have been tasked with the job of ascertaining the commercial viability and the network’s potential benefits.