The Central Bank Official In Japan Says It Is Important To Try Using Cryptos The central bank of Japan has revealed some of the insights in its published general Q&A related to cryptocurrencies. Earlier on March 30, the Chief of the Bank…
Blockchain Tested in Mexico for Tracking Public Contract Bids On Tuesday a government officially revealed that the government of Mexico has been quietly working on a project where blockchain must be used to track bids for public contracts. In Jalisco at a…
Huobi Report: Investors Still Bullish On Cryptocurrency The new Huobi Industry Data shows a lot of positive mood among digital currency investors. During April over one in three respondents wait for substantial increase in total cryptocurrency space. Less than one in three…
Australia Sets New Rule For Local Bitcoin Exchanges Australian financial authorities have set new rules to counter money laundering and terrorism financing. Austrac, the country’s financial intelligence agency, has just published a new web page setting out Australian cryptocurrency exchanges’ new obligations…
Liechtenstein Adopting Light Cryptocurrency Regulations It appears, that Liechtenstein doesn’t want to miss the opportunity of using Blockchain innovation in its economic system. According to the nation’s prime minister, the government of Liechtenstein plans to lay out “sensible” and comprehensive Blockchain regulations….
ASRock Motherboard Maker Prepares To Sell Crypto Miners ASRock is planning to sell four graphics cards (GPU) specifically geared for cryptocurrency mining. Last week the company unveiled its Phantom Gaming Series based on AMD’s RX series. ASRock confirmed that four of the…
Petro Giant Sinochem From China Exports Gasoline Using Blockchain Technology China’s leading energy provider Sinochem Group has completed the gasoline transporting with using blockchain technology. Reuters reported that one of its 300 subsidiaries, Sinochem Energy Technology Co. Ltd., was responsible for exporting the product…
Kazakhstan Is Going To Prohibit Cryptocurrency Trading The National Bank of Kazakhstan is going to prohibit cryptocurrencies, because there is a risk of tax evasion and money laundering. The Bank’s negative approach on cryptocurrencies is being used to commit large-scale acts and…
Ripple Joins Hyperledger Project According to the report, Ripple has joined the likes of 231 organisations who belong to the Hyperledger blockchain consortium. Hosted by the Linux Foundation, Hyperledger is an open source group consisting of people in finance, banking, internet of…
Japan Fights Against Cybercrime And Crypto Theft The new law enforcement unit from Tokyo is going to raise efforts to combat cybercrime. Over 500 analysts and investigators from different branches of Japanese police and other security services will work at the new…
Seoul Cryptocurrency S-Coin Developed By South Korea The city of South Korean Seoul has informed the public about its plans to create its own cryptocurrency called “S-Coin”. According to the mayor of the city, the digital currency is about to be utilized…
Chinese Alibaba Being Sued By Dubai-Based Cryptocurrency The company behind the recently launched cryptocurrency Alibabacoin named Alibabacoin Foundation based in Dubai is being sued by Chinese e-commerce giants Alibaba for trademark infringement. According to papers filed in in US District Court in…
Cryptocurrency Tax Plan Is Going To Be Announced By South Korea The ministry of finance in South Korea is planning to announce a cryptocurrency taxation framework by June of 2018. The government is expected to begin taxation in 2019. In the aftermath…
First Bitcoin ATM In Georgia There is a new automated teller machine in Georgia, which offers fast and easy way to buy and sell bitcoin and litecoin. Support for bitcoin cash has been promised, and other cryptos will also be added in…
TD Bank is Going To Use Public Blockchain To Track Transactions TD Bank has outlined in a patent application how it could use a public distributed ledger to help point-of-sale computers track transactions. In the presented scheme, computers would create data blocks…
Thailand Sets Tax Payment For Cryptocurrency Transactions The Ministry of Finance in Thailand has announced its tax rates for cryptocurrency trading and investments amid the ongoing legislative process to regulate and tax the sector. The country’s finance minister Apisak Tantivorawong announced the…
Ethereum’s creator is mad at Facebook for not removing fake profiles of him Vitalik Buterin, the founder of Ethereum has been dealing with Twitter impresonators seeking to steal digital currency from naïve investors. It seems the trend has gradually caught on to…
Arizona Bitcoin Trader Being Convicted For Cryptocurrency Laundering A Bitcoin trader from Arizona has been convicted for using cryptocurrency with a purpose of money laundering. Thomas Mario Costanzo, who goes by Morpheus Titania on Twitter and operated a peer-to-peer bitcoin exchange website, was found…
Intel Prepares To Patent A Bitcoin Mining Accelerator A newly-published filing reveals, that Tech giant Intel is seeking to patent a hardware “accelerator” for bitcoin mining chips. The application was published on Thursday, though it was originally submitted to the U.S. Patent…