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Davos: Giancarlo’s Digital Dollar Project Will Focus on Benefits of a US CBDC
22.1.2020
Ex-CFTC chairman J. Christopher Giancarlo confirms in Davos that the Digital Dollar project will focus on a U.S. central bank digital currency
Crypto News Roundup for Jan. 22, 2020
22.1.2020
Join CoinDesk Podcast Editor Adam B. Levine and Senior Markets Reporter Brad Keoun for a daily, time saving rundown of top news impacting crypto markets today
6 Bankers Accused of Earning €30M in Bonuses From German Fraud, Tax Lawyer Out on €4M Bail
22.1.2020
Former bank employees have received bonuses worth millions of euros in an illegal trading scheme that also involved a tax lawyer, prosecutors in Frankfurt revealed this week. The case is part of multiple investigations carried out across Germany, the hardest hit country in a notorious tax fraud...
Uzbekistan to Throw its Doors Open to Tax-free Cryptocurrency Trading
22.1.2020
Uzbekistan’s president has produced a draft decree that will see tax authorities in the country waive taxes on cryptocurrency trading and transactions – for both Uzbeks and non-nationals living in the country.
As previously reported, the government has been keen to implement the new measures –...
Davos Experts Say Regulation Is the Key to Unlocking Tokenization
22.1.2020
Blockchain industry participants in Davos believe that digital tokens could transform the world of business and art – providing the capacity to “break down an Andy Warhol painting into a million different tokens.”
The industry professionals were speaking at a session entitled “From Token Assets...
South Korean Army to Use Blockchain-powered ID Solution + More News
22.1.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Cryptocurrency news
A South Korean blockchain authentication solution developed by a private company will be adopted by...
Crypto Derivatives Market Might be 'Double the Size' of Spot Market in 2020
22.1.2020
Should interest in spot trading wanes, this year will see crypto derivatives rising, with futures and options contracts taking a larger market share, estimates TokenInsight, a token data and rating agency. Also, competition for institutional clients might force exchanges to lower fees, they added....
Blockchain Association Supports Telegram in Legal Battle With SEC
22.1.2020
In its amicus curiae brief, the Blockchain Association argues that Telegram’s token sale complies with U.S. securities laws
Hong Kong and Thailand Pilot DLT-Based Project for Cross-Border Payments
22.1.2020
Hong Kong and Thailand’s central banks have piloted a Corda-based CBDC project for cross-border payments
Ray Dalio Calls for Investment Diversification, But Not in Bitcoin
22.1.2020
Ray Dalio warns against hedging bets with cash, but Bitcoin is also not functioning as money
Hyperledger Fabric Sees More Dev Activity Than Corda in Q3 2019: Report
22.1.2020
According to a report by Chainstack, Hyperledger Fabric developer activity overtook that of R3’s Corda in Q4 2019
This Bitcoin Price Cycle to Be Longer, Expect Moderate Gains Near-Term
22.1.2020
Bitcoin (BTC) may have already entered the fourth bullish price cycle in its history, with each cycle longer than the previous one. If true, only moderate price gains should be expected in the near-term, as the strongest gains are typically seen towards the end of the cycle, a new report from...
Crypto vs RBI: Exchange Counsel and RBI Take Center Stage at Supreme Court Today
22.1.2020
India’s supreme court spent all day on Wednesday hearing extensive arguments from both the counsel representing crypto exchanges and the central bank, the Reserve Bank of India (RBI). The counsel for the central bank confirmed again that cryptocurrency is not banned in India, but still...
Blockchain-Based Shopify Plugin Ensures Consumers Receive Authentic Products
22.1.2020
Real Items Foundation creates a blockchain-based Shopify plugin to ensure authenticity
Resurfaced Binance Whitepaper Change Prompts Transparency Questions
22.1.2020
After a significant change in the major crypto exchange Binance's whitepaper resurfaced, it raised numerous questions regarding transparency and accountability within the crypto industry, which is now lost in speculations, while Binance does not provide clear answers.
As reported last year,...
How Can Blockchain Improve Data Storage?
22.1.2020
Data storage solutions on a blockchain claim to be safe, private and cheap, but they may lack scalability. Are there any ways to solve it? #Sponsored
SEC Charges $600,000 ICO Project Opporty for Fraudulent Security Offering
22.1.2020
The SEC is targeting a U.S. ICO project for fraudulent claims, despite the relatively small sums collected
Cuba Considers Accepting Venezuelan Petro in Bilateral Deals
22.1.2020
Venezuela is in talks with Cuba about using the Petro, the former’s state-issued, oil-backed cryptocurrency, in bilateral payments including trade deals.
Per the Venezuelan state-run newspaper Correo del Orinoco, the two nations talked on the matter of cryptocurrencies at their most recent...
OKEx at Davos: Blockchain Best Placed to Meet the Needs of the Unbanked
22.1.2020
OKEx’s Lennix Lai argued that a digital, decentralized financial system underpinned by blockchain and crypto can be of mutual benefit to institutions and the unbanked
Chinese Experts Suggest Using Blockchain Tech in ‘Social Credit’ System
22.1.2020
Chinese experts held a seminar on how blockchain technology can help the local government’s social credit system