Even though cryptos now enjoy a decent level of publicity, these three global trends could make them go mainstream in 2020. As the end of the year draws closer, discussing what the future holds for the crypto industry becomes increasingly relevant. In particular, how global financial and technological trends will affect the adoption of cryptocurrencies […]
Continue Reading
China’s latest bond issuance on the ledger is a sign of trust placed into the blockchain technology, but not everything may be rosy. The Bank of China has recently issued 20 billion Chinese yuan ($2.8 billion) of special bonds, which it has sold in order to fund small and micro-enterprise businesses, according to the China Development […]
Continue Reading
Security tokens platform TokenSoft hired former U.S. SEC Senior Counsel as its chief legal officer to work on the firm’s regulatory compliance. Security token platform TokenSoft has hired Alex C. Levine, formerly of several key United States financial regulators, to handle compliance for all security offerings. In a Dec. 17 press release, the San Francisco-based […]
Continue Reading
Social trading has the potential to introduce inexperienced consumers to the world of crypto. Here, we look at the pros and cons. Navigating the world of cryptocurrencies can be nightmarish at the best of times. New coins and tokens are continually emerging, and volatility means that digital assets can be flying high one day and […]
Continue Reading
Accounting advisor CPA.com and cryptocurrency accounting automation startup Lukka partnered to jointly launch a crypto asset tax preparation solution. Accounting advisor CPA.com and cryptocurrency accounting automation startup Lukka partnered to jointly launch a crypto asset tax preparation tool. CPA.com announced the partnership with Lukka in a press release published on Dec. 9. Per the release, […]
Continue Reading
A Vermont power utility has entered a partnership with blockchain firm LO3 to launch a blockchain pilot for solar power trading. Some Vermont-based households can now sell their excess renewable energy to businesses through blockchain-based energy startup LO3’s platform. Vermont power utility Green Mountain Power and LO3 jointly launched a pilot project that enables homeowners […]
Continue Reading
A Central Bank of Azerbaijan official says a blockchain-based digital ID system will be adopted in the Q1 2020. The Republic of Azerbaijan is planning to complete a project of blockchain-based digital identification system by the end of 2019. Farid Osmanov, director of the information technology department at the Central Bank of Azerbaijan (CBA), says […]
Continue Reading
U.S. pro-crypto Rep. Warren Davidson promotes blockchain’s promise in American manufacturing in response to public fears in the face of technology. United States pro-crypto Congressman Warren Davidson (R-OH) has once again called for clear regulations of blockchain industry to maintain U.S. economic dominance. On Nov. 4, Davidson published a letter in the Wall Street Journal […]
Continue Reading
Here is why Libra is not ready to launch a cryptocurrency yet and why lawmakers find it hard to separate Facebook from the association. Facebook’s CEO Mark Zuckerberg returned to Capitol Hill to testify before Congress on Oct. 23 about the company’s planned use of the cryptocurrency it is backing, Libra, attempting to debunk the […]
Continue Reading
Samsung SDS announced a joint initiative to launch a new blockchain traceability solution based on Nexledger. Samsung SDS, the IT subsidiary of global tech giant Samsung, has announced a joint initiative to launch a new blockchain-based traceability product. To develop the new project, Samsung SDS partnered with American software firm Pega and Tech Mahindra, a […]
Continue Reading