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South Korea’s tourist hotspot launches DLT-based app tracing COVID-19
14.1.2021
Jeju Island and blockchain company Iconloop are proceeding with a full rollout of their COVID-19 contact tracing app following successful pilots
Pakistan to Set up Two State-Owned Bitcoin Mining Farms to Help Boost Economy
14.1.2021
The government of Khyber Pakhtunkhwa (KP), the third largest of Pakistan’s four semi-autonomous provinces, is setting up two state-backed bitcoin mining farms, local media reported last week. Ziaullah Bangash, advisor to the chief minister of KP on Science and Information Technology, said...
Indian Doctors Warn of Illegal Covid-19 Vaccine Sales for Bitcoin: Citizens Urged to Wait for Government Approved Vaccine
14.1.2021
Indian doctors have warned that the sale of unauthorized Covid-19 vaccines on the black market, where vendors ask for bitcoin as payment, is illegal. According to the doctors, the unsanctioned marketing of the vaccine to the elite is prevalent in the state of Karnataka. Some doctors say the Indian...
An online future for finance is inevitable, says OCC's Brooks
13.1.2021
Brooks considers the migration of the financial system onto the internet "inevitable."
Digital ruble could be still vulnerable to fraud, Russian banks warn
13.1.2021
The Association of Russian Banks is worried about regulators being unable to track illicit transactions of an offline-enabled digital ruble
US Navy awards $1.5M jet fighter contract to blockchain project
13.1.2021
SIMBA Chain has been tapped to beef up the supply chain of the United States Navy after receiving a $1.5 million research grant
Visa abandons $5.3B Plaid acquisition in the face of DoJ antitrust suit
12.1.2021
The Justice Department's November suit has reversed the planned merger
OCC's Brian Brooks thinks that DeFi can root out bias and fraud in traditional banking
12.1.2021
Brooks is optimistic that regulators will find it easier to work with algorithms than with bankers
Seven times that US regulators stepped into crypto in 2020
12.1.2021
From capping off the era of ICOs to tightening regulations on private wallets, U.S. financial watchdogs waded deeper into the crypto land than ever in 2020
UK Government Asks Crypto Industry to Provide Insights on Its Regulatory Approach
12.1.2021
Her Majesty’s Treasury in the U.K. issued a document that details a series of proposals addressing the crypto community. With the consultation, the Treasury is initiating a “regulatory approach to cryptoassets and stablecoins” for 2021 following the Brexit turmoil. Special Focus...
Shanghai Government Invests $5M in Blockchain Startup Conflux
12.1.2021
The Shanghai government has invested over $5M in public permissionless blockchain startup Conflux while putting the project in the list of 57 companies that focus on emerging technologies such as 5G and aerospace
Hedera Hashgraph presents e-Apostille PoC to Texas Secretary of State
11.1.2021
There is no indication that anyone requested such a proof-of-concept, however
Economist Discusses What Would Happen if the Masses Ditch Fiat Currencies for Bitcoin
10.1.2021
American economist Brian Wesbury has shared his thoughts on what would happen if the masses were to ditch fiat currencies and adopt bitcoin instead. He discussed whether the government would allow it to happen and how bitcoin can become a true currency. Economist Brian Wesbury Answers Question...
Bitcoin ‘Going Through the Roof’ Unlike Assets Controlled by Government, Says Former Fed Governor
9.1.2021
Former Federal Reserve Governor Kevin Warsh is bullish on bitcoin. He sees all assets that are not controlled by the U.S. government “going through the roof,” unlike those the Fed purports to control. He has outlined three reasons why bitcoin makes sense to him. Why Former Fed Governor...
Big Tech’s Freedom of Speech Purge Pushes People to Censorship-Resistant Blockchain Social Media
9.1.2021
During the last few days, the world has watched the Big Tech and social media crackdown after the incident that took place at Capitol Hill a few days ago. During the last 48 hours, U.S. President Donald Trump, a great number of right-wing supporters, and literally anyone who speaks out against...
South Korean Government to Start Taxing Crypto Trading Profits in 2022
8.1.2021
The South Korean government has issued an amendment to introduce tax on cryptocurrency trading profits. The plan is now a reality after several attempts to delay it by lawmakers. New Rules Impose 20% Tax on Crypto Profits Per Asia Today, the legislative notice details that the amendment will...
Following Brexit, the UK asks crypto industry about rules for cross-border stablecoins
7.1.2021
In addition to trying to define stablecoins, the UK is looking to establish how close it wants its crypto laws to be to other countries
FinCEN's wallet rule is open for another day of comments because 'government officials can’t count to 15'
6.1.2021
The website accepting comments on the proposed FinCEN rule shows crypto users have until Jan. 7, not Jan. 4 as the regulator claimed
States sue the OCC and Brian Brooks for overriding their controls on predatory lending
5.1.2021
More state regulators are gunning for the OCC and Brian Brooks, this time over usury laws and predatory lending
OCC greenlights national banks to run nodes and stablecoin networks
5.1.2021
The latest from the Treasury's most crypto-forward office says that national banks don't have to fear stablecoin nodes