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Shanghai Gov’t Partners With 6 Banks on Blockchain Alliance for Trade

7.11.2019
Six banks and the municipal Shanghai government have founded a blockchain alliance to promote the technology’s use in the city’s e-port area

China Removes Bitcoin Mining From Unwanted Industries List

6.11.2019
Inspired by its new fascination with blockchain, China now seems to have changed its mind about cryptocurrency mining. The latest version of a national macroeconomic plan indicates that the government in Beijing has given up intentions to suppress the bitcoin mining industry, in which Chinese...

Binance to Advise Ukraine Government on Upcoming Crypto Regulation

6.11.2019
Malta-based cryptocurrency exchange Binance has agreed to help Ukraine prepare rules for cryptocurrencies

Chinese Communist Party Reportedly Filling Roles at Top Exchange Huobi

6.11.2019
A source has reported to news.Bitcoin.com that the Chinese government is attempting to directly manage the crypto exchange industry in the country. According to the source, this could lead to frozen assets for U.S. account holders and others. Notably, Huobi Global’s website has announced that...

EU Reaffirms Potential Move to Block Facebook’s Cryptocurrency

6.11.2019
The European Union will impede the development of Libra if it judges the project to pose excessive risks

Rep. Davidson Sees Place for Blockchain in US Manufacturing Despite Congress’ Concerns

5.11.2019
U.S. Congressman Warren Davidson sees promise for blockchain in manufacturing despite fears of new technologies in the industry

Crypto Secularizes Wealth by Returning Power to the People

5.11.2019
Secularization is the process of converting something from a religious status to a nonreligious one. In its usage here, the word “religious” has no necessary connection to a deity. The word refers to the mystification of a thing in order to elevate it to the status of the divine where...

President Erdogan: Turkey to Finish Testing Digital Lira in 2020

5.11.2019
Turkey's President Recep Tayyip Erdogan directed that the government should start testing the national central bank digital currency in 2020

Joe Lubin: China Will Avoid Blockchain’s ‘Decentralizing Aspects’

5.11.2019
Ethereum co-founder and ConsenSys CEO Joe Lubin says he doesn’t see a reason for China’s central bank to implement blockchain for the digital yuan

New Official Register in San Marino Recognizes and Regulates Blockchain Firms

4.11.2019
San Marino Republic launches its Blockchain Entities Register, inviting industry firms to be officially recognized as blockchain entities

Central Bank Blockchains and Corporate Ledgers Are Still Vaporware

4.11.2019
There’s been a resurgence of blockchain discussion this year, especially after China’s President Xi Jinping lauded blockchain and told Chinese citizens the country needs to accelerate distributed ledger technology development. Despite the lack of producing anything worthwhile, for some...

Court Orders $4M in Penalties for Investment Fraud Involving ATM Coin

4.11.2019
A New York court has entered an order forcing defendants to pay $4.25 million in penalties for investment fraud involving the “worthless” cryptocurrency ATM Coin

Bahrain to Provide Fast-Track Setup Program for Fintech Startups

4.11.2019
The Bahrain Economic Development Board announced a fast-track program for fintech startups, which expedites visa requirements and registration processes

British Tax Authority Updates Cryptocurrency Guidelines, Says It Is Not Money

3.11.2019
Her Majesty’s Revenue and Customs has updated cryptocurrency taxation guidelines for businesses and individuals

Another Chinese Lender Bailed Out After Bank Run

3.11.2019
Yichuan Rural Commercial Bank, a lender operating in the central Henan province, has become the latest Chinese bank to be bailed out by the government this year. The small financial institution, which has around 30 branches only in the Yichuan county, experienced a bank run sparked by rumors that...

Andrew Yang’s ‘Freedom Dividend’ Is Not Only Unnecessary, It’s Unethical

2.11.2019
Andrew Yang has taken to Twitter in dynamic fashion as of late, advertising his universal basic income (UBI) proposal known as the “Freedom Dividend.” While throwing money at people out of pocket always generates a buzz, there’s a mathematically and ethically broken side to...