The Philippine Securities and Exchange Commission isn’t ready to issue final initial coin offering regulation, meant for release in 2018. The Philippines Securities and Exchange Commission (PSEC) is not ready to issue final initial coin offering (ICO) regulation. The legislation was meant to be released before the end of 2018, English-language local media The Philippine […]
Continue ReadingThe South African government has reportedly established a crypto assets regulatory working group. A crypto assets regulatory working group dedicated to crypto and blockchain has been established by the South African (SA) government. English-language local news outlet BusinessLive reported on the development on Jan. 2. Tito Mboweni — the South African finance minister — declared: […]
Continue ReadingOfficials have confirmed the country’s FASAH trade platform was linked with TradeLens. Customs authorities in Saudi Arabia have concluded a pilot scheme linking its cross-border trade platform FASAH with IBM and Maersk’s TradeLens blockchain platform. A press release from Dec. 26 reported the pilot’s conclusion. TradeLens, which IBM and Maersk created in August last year, […]
Continue ReadingMIT Technology Review has argued that 2019 will be the year of hype-less, mainstream implementation of blockchain technology. MIT Technology Review has published an article today, Jan. 2, arguing that 2019 is the year in which blockchain will become mundane. The Review is a magazine that is independent but wholly-owned by the United States Massachusetts […]
Continue ReadingForeign investors, particularly from China, have expressed their interest in creating a crypto investment fund and exchange in Crimea. Foreign investors are interested in the Crimean blockchain cluster, local official Georgy Muradov told Russian major news agency RIA Novosti on Jan. 2. Muradov, who serves as the permanent representative of the Republic of Crimea under […]
Continue ReadingJapanese e-commerce conglomerate DMM.com Ltd. will shut down its crypto mining business, citing deteriorating profitability. Japanese e-commerce conglomerate DMM.com Ltd. will shut down its crypto mining business, citing deteriorating profitability as the main cause. Local business magazine Toyo Keizai reported the shutdown on Dec. 30. The decision was reportedly taken in September 2018, and initial […]
Continue ReadingTrace Mayer and John McAfee are among critics claiming the exchange is limiting withdrawals in the run-up to the Proof of Keys event. Cryptocurrency exchange HitBTC has yet to respond to accusations it deliberately froze account withdrawals on Jan. 1, days prior to entrepreneur Trace Mayer’s Proof of Keys event. In a series of tweets, […]
Continue ReadingThe reshuffle in the top three cryptocurrencies by market cap comes after Ethereum spent several weeks behind XRP. Ethereum (ETH) has beaten Ripple (XRP) to reclaim its position as the largest altcoin by market cap, data from CoinMarketCap confirmed on Jan. 2. As part of a return to positive gains throughout the top twenty cryptocurrency […]
Continue ReadingThe top 20 coins by market capitalization are all seeing green after wavering slightly earlier today. Jan. 1 — the top 20 coins are seeing moderate gains over the 24-hour period. Bitcoin has scaled back above $3,800 after falling below the mark earlier today. Market visualization from Coin360 At press time, Bitcoin (BTC) is up […]
Continue ReadingThe government of Abkhazia has cut off power to 15 crypto mining farms due to concerns over electricity consumption. The government of the Republic of Abkhazia has cut power to some cryptocurrency mining farms due to electricity concerns, state electric utility Chernomorenergo RUE announced in a Facebook post on Dec. 31. Per the announcement, Chernomorenergo […]
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