The German Federal Ministry for Economic Affairs and Energy is considering blockchain use in combating tax evasion schemes. The German Federal Ministry for Economic Affairs and Energy (BMWi) is planning to fight tax evasion schemes by using blockchain, German business news outlet WirtschaftsWoche reported Nov. 22. Following the major European tax fraud scheme CumEx-Files, the […]
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Founder and CEO of U.S. retail giant Overstock reveals estimated date for selling his retail business to invest more in blockchain projects. Patrick Byrne, founder and CEO of U.S. retail giant Overstock, is planning to sell the retail arm of his company to focus on blockchain by early next year, The Wall Street Journal (WSJ) […]
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The Crypto Kingdom: Thailand proves there’s space for crypto even in authoritarian regimes. Since May 2014, Thailand has been under the control of a military dictatorship. And given that the coup, led by the Royal Thai Armed Forces, brought internet censorship, a suspension of the Kingdom’s constitution, and a disbanding of its senate, casual observers would be […]
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Nobuaki Kobayashi, trustee of the now-defunct Bitcoin exchange Mt. Gox, is making efforts to extend the deadline for filing civil rehabilitation claims. Nobuaki Kobayashi, trustee of the now-defunct Bitcoin (BTC) exchange Mt.Gox, is making efforts to extend the deadline for filing civil rehabilitation claims, according to an official announcement Nov. 22. While the official deadline […]
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Venezuela’s National Assembly adopts crypto legislation and amendments to AML policy in order to allow international Petro trading and circumvent U.S. sanctions. The Constituent National Assembly of Venezuela has approved a bill on cryptocurrency regulation, the country’s Ministry for Communication and Information reported Nov. 21. The law was proposed by the country’s leader Nicolas Maduro […]
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Who’s better at turning a profit in the dynamic crypto world – a human or a bot? Several factors can determine whether traders or technology have the upper hand. What should I do to get the most out of my crypto bot? As we’ve mentioned, doing your homework and backtesting strategies can be a helpful […]
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The CEO of analytics and risk management company Blockchain Intelligence Group says opportunistic investors have not taken away from Bitcoin’s future viability. The 2018 cryptocurrency price decline is a result of investors’ “lack of education,” the CEO of Canadian firm Blockchain Intelligence Group (BIG) said in an interview published in German economics news outlet Finanzen.de […]
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SBI Ripple Asia and the Japan Payment Card Consortium have announced a joint proof of concept to prevent fraud with blockchain technology. SBI Ripple Asia and the Japan Payment Card Consortium have announced a joint proof of concept (PoC) to combat fraud with blockchain technology, according to an official release published Nov. 16. According to […]
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“Big Four” auditor Ernst & Young will hire 2,000 employees in India to expand its digital solution services, including in blockchain. “Big Four” auditor Ernst & Young (EY) will hire 2,000 employees in India to expand its digital solution services across blockchain, artificial intelligence (AI), automation and tax technologies. The news was first reported by […]
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sponsored A startup is enabling individuals and businesses to tokenize real-world assets and says the concept will become “the new driver” of growth in the global economy. A startup says the tokenization of assets represents the next big milestone for blockchain technology – and is creating a platform that’s going to enable individuals and businesses […]
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