With IoT back in the spotlight, it’s a good time to look at what impact blockchain has on the industry and what challenges there are to overcome. The spotlight was placed back on the Internet of Things (IoT) recently when Bosch, the multinational engineering and electronics company, tweeted on Nov. 12 about their Cross Domain […]
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G20 members noted crypto regulation in a declaration on sustainable development adopted in Argentina. The G20 mentioned crypto regulation in its recent declaration on sustainable development adopted in Argentina. The declaration was published on the official website of the Council of the European Union and the European Council Dec. 1. At a meeting in Buenos […]
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South Korea’s Finance Ministry is considering crypto and ICO taxation in accordance with global trends. South Korea‘s Finance Ministry is considering taxation on cryptocurrencies and Initial Coin Offerings (ICOs), daily English-language newspaper The Korea Times reports Monday, Dec. 3. Hong Nam-ki, South Korea’s new Minister of Economy and Finance as well as new Deputy Prime […]
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Crypto exchange traded products prove divisive, as the SEC mulls over its latest landmark decision. On Nov. 16, Switzerland’s primary stock exchange, SIX Swiss Exchange, announced that it will list the world’s first multi-crypto-based exchange-traded product (ETP). Exchange-traded products (ETP) are derivatively priced securities that are traded on a national securities exchange. Their pricing derives […]
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Kakao is close to completing the private sale of its cryptocurrency called Clay, raising $300 million. Kakao, South Korea’s largest internet conglomerate that operates applications and have nearly a 90 percent dominance in their respective markets, is running an Initial Coin Offering (ICO) to raise funds for its blockchain project called Clay. In March, Kakao […]
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‘World’s first’ blockchain phone launches, as Sirin Labs outlines plans to bridge the gap between crypto and the mass market. After months of expectation and one of the top-five biggest ICOs of 2017, on Nov. 29 Sirin Labs has launched Finney, the ‘world’s first’ blockchain smartphone. Yet, even with the endorsement of football legend Lionel […]
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Russia’s draft cryptocurrency bill has been pushed back to the first reading stage, as a Duma chairman noted it has no relation to crypto or tokens. Russia’s cryptocurrency legislation, the draft bill “On Digital Financial Assets,” has been sent back to the first reading stage for significant changes, Russian daily newspaper Kommersant reported Nov. 30. […]
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The rules for operation of the cryptocurrency market in Belarus have been approved, after being released by the country’s High Tech Park. Belarus High-Technologies Park (HTP), a national special economic zone contributing to the IT business, has established the rules for the operation of the cryptocurrency market in the country, according to documents published by […]
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Microsoft and LayerX hope to propagate blockchain technology throughout Japan’s domestic market. The Japanese arm of computer giant Microsoft has partnered with nascent blockchain startup LayerX to “accelerate” uptake of the technology, Cointelegraph Japan reported Nov. 30. LayerX, which formed in August as a joint venture from news curation app Gunosy and advisory service AnyPay, […]
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Ohio Treasurer implements tax payments with crypto to drive tech development in the state. In what is being hailed as a first in America, Ohio’s State Treasurer Josh Mandel has made it possible for businesses to pay taxes using Bitcoin. In the coming weeks, business owners in the state will be able to register and […]
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