The European Parliament (EP) has adopted a resolution, dubbed "Blockchain: a forward-looking trade policy", setting out how blockchain technology could improve supply chain transparency and traceability, reduce transaction costs, improve the security of data, reduce corruption, detect tax evasion, enable the tracking of unlawful payments and tackle trade-based money laundering. … [Read more...] about European Parliament calls for blockchain adoption for trading processes
Norway scraps electricity subsidy for crypto miners
Authorities have decided to call off subsidies to cryptocurrency miners. … [Read more...] about Norway scraps electricity subsidy for crypto miners
Crypto news in brief (October 25, 2018): FISCO BCOS, Coinbase, USDC stablecoin, Alibaba, Bakkt, Royal Mint Gold, Japan
- The Financial Blockchain Shenzhen Consortium (FISCO) announced the launch of a coinless open-source blockchain platform - Coinbase has launched stablecoin USDC, backed one-to-one by U.S. dollar - Alibaba Cloud expanded its Blockchain as a Service (BaaS) offering outside of China - The UK Royal Mint has suspended its plan to launch gold-backed cryptourrency Royal Mint Gold … [Read more...] about Crypto news in brief (October 25, 2018): FISCO BCOS, Coinbase, USDC stablecoin, Alibaba, Bakkt, Royal Mint Gold, Japan
Crypto news in brief (October 15, 218): Sony, Hong Kong, Venezuela, Roger Ver, ICOs in Europe, Bakkt
- Sony is developing blockchain-based software for digital rights management and intellectual property protection - Hong Kong's Securities and Futures Commission (SFC) is exploring ways to regulate cryptocurrency exchanges - Venezuela's citizens will have to pay fees for passport issuance in the country's cryptocurrency petro - Roger Ver plans to buy or develop his own … [Read more...] about Crypto news in brief (October 15, 218): Sony, Hong Kong, Venezuela, Roger Ver, ICOs in Europe, Bakkt
Crypto news in brief (September 23, 2018): South Korea, Switzerland, IBM, PNC, Ripple
- South Korea will increase government support for domestic blockchain companies - Switzerland has taken steps to help blockchain companies access the traditional financial system - PNC bank will use Ripple’s blockchain solution xCurrent to speed up international payments for its customers - Ripple could launch a commercial version of its payment platform xRapid "in the next … [Read more...] about Crypto news in brief (September 23, 2018): South Korea, Switzerland, IBM, PNC, Ripple
France gives green light to ICOs
Local startups will have to get an approval from the country’s financial regulator to conduct ICO in France. … [Read more...] about France gives green light to ICOs
France lowers capital gain tax on cryptocurrency to 19%
Retail traders until recently had to pay up to 45% tax on each transaction, not counting social security payments of 17.2%. The government has changed the rules, lowering the bar by more than twice. … [Read more...] about France lowers capital gain tax on cryptocurrency to 19%
Crypto news in brief (January 23, 2018): Nordea, bitFlyer, South Korea
Nordea forbids employees from investing in cryptocurrencies. Japanese bitcoin exchange bitFlyer comes to Europe. South Korea bans anonymous cryptocurrency trading. … [Read more...] about Crypto news in brief (January 23, 2018): Nordea, bitFlyer, South Korea