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
U.S. congressmen introduce bipartisan cryptocurrency bill
Congressmen from Florida and North Carolina direct the CFTC to increase control over virtual assets market to protect investor and business interest. … [Read more...] about U.S. congressmen introduce bipartisan cryptocurrency bill
Crypto news in brief (December 3, 2018): Thailand, G20, JumpStart, General Motors
- Thailand’s Revenue Department is considering implementing blockchain to prevent fraudulent VAT refund fraud in the country - G20 participants have declared their commitment to regulate cryptocurrencies - JumpStart, along with six other funds from across Ohio, plan to invest $100 million in early-stage blockchain startups - American car manufacturing giant General Motors … [Read more...] about Crypto news in brief (December 3, 2018): Thailand, G20, JumpStart, General Motors
Crypto news in brief (December 1, 2018): Asus, Fidelity, Buterin, Mexico, Floyd Mayweather Jr., TRON
- Asus has parnered with mining software provider Quantumcloud, thus allowing gamers to use their idle graphics cards (GPUs) to mine cryptocurrency. - Fidelity Investments is looking to expand its institutional crypto asset platform to include trading services for the top five to seven cryptocurrencies. - Vitalik Buterin, has been awarded an honorary doctorate by the … [Read more...] about Crypto news in brief (December 1, 2018): Asus, Fidelity, Buterin, Mexico, Floyd Mayweather Jr., TRON
Crypto news in brief (November 29, 2018): Malaysia, South Korea, Galaxy Digital, Steemit, Huobi
- Malaysia's regulations for digital asset, cryptocurrency exchanges and initial coin offerings (ICOs) will come into force by first quarter of 2019. - The South Korean government plans to use blockchain technology for an electronic voting system - Galaxy Digital’s realized and unrealized losses totaled about $41 million in the third quarter of 2018 - Steemit announced that … [Read more...] about Crypto news in brief (November 29, 2018): Malaysia, South Korea, Galaxy Digital, Steemit, Huobi
South Korea to use blockchain-based voting system
The South Korean government plans to use blockchain technology for an electronic voting system. … [Read more...] about South Korea to use blockchain-based voting system
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
India prepares cryptocurrency legislation
India’s government is actively preparing a regulatory framework for the blockchain industry. At the moment local financial institutions cannot work with companies connected to cryptocurrencies. … [Read more...] about India prepares cryptocurrency legislation