World economic forum wants to study blockchain and crypto

INDUSTRY

Wednesday, 14 October, 2020 at 18:48 GMT
The World Economic Forum (WEF) has collaborated with the Global Blockchain Business Council (GBBC) to launch a new initiative assessing the state of blockchain and cryptocurrencies. ...
Bank of japan needs new legislative mandate to issue cbdc

INDUSTRY

Monday, 12 October, 2020 at 13:39 GMT
Amid ongoing central bank digital currency (CBDC) research efforts, the Bank of Japan (BOJ) may require a new legal prerogative to issue digital yen. ...
South korean mp calls on seoul to ‘urgently’ boost crypto innovation

INDUSTRY

Wednesday, 7 October, 2020 at 05:00 GMT
A politician has called on South Korea to “urgently” prioritize the development of crypto security technology – stating that blockchain-powered finance is now an inevitable reality for the country, and the rest of the world. ...
Ethereum transaction fees fall 82%

INDUSTRY

Tuesday, 6 October, 2020 at 05:04 GMT
The average cost of sending a transaction over the Ethereum blockchain has fallen by 82% from a September 2 peak of $11.61, down to $2.09 as of October 4. The decline may be the result of a slow down in the hype around decentralized finance (defi) protocols. ...
Microbt announces offshore asic factory

INDUSTRY

Sunday, 27 September, 2020 at 04:24 GMT
On Friday, China-based bitcoin mining rig manufacturer Microbt announced plans to create an offshore facility that produces the company’s Whatsminer devices and parts for North America. The firm revealed the expansion news when it announced a recent partnership with the New...
Eu to create legal certainty for cryptocurrencies

INDUSTRY

Friday, 25 September, 2020 at 05:58 GMT
The European Commission has put forward a prospective regulatory framework for cryptocurrencies and stablecoins, as discussed on the organization’s website and in original documents. European Union: A Complete Crypto Framework The new framework regulates several aspects of...
Venezuela legalizes crypto mining

INDUSTRY

Wednesday, 23 September, 2020 at 17:17 GMT
Bitcoin mining in Venezuela is now a legal and regulated activity following years of regulatory hostility in the Latin American country. This is according to a new decree from Venezuela’s National Superintendency of Crypto Assets and Related Activities (SUNACRIP), which...
Over 40 bitcoin forks are down

INDUSTRY

Monday, 21 September, 2020 at 03:54 GMT
Since the summer of 2017, more than 44 forks of the Bitcoin network were created and so far many of them have lost considerable value and are near worthless. To-date only a few of the forks that stem from Satoshi’s creation have remained relevant during the last three years. ...
South korea to deploy blockchain voting in apartments

INDUSTRY

Thursday, 17 September, 2020 at 10:22 GMT
The South Korean Government is working on integrating blockchain technology into people’s homes to make it easier for them to vote and enjoy other services ...
How banks are integrating crypto aml software

INDUSTRY

Monday, 14 September, 2020 at 20:08 GMT
With the exposure of traditional banks and financial institutions to crypto-assets and all the risks involved, as well as the continued advice from governmental authorities to banks to integrate a crypto risk management system, what are the solutions available? ...

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