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 […]
Continue Reading
Cryptocurrency markets have seen slight gains on the day, with all top ten cryptocurrencies trading in the green. Wednesday, Nov. 21: It seems as if the recent drop-off in markets has slowed, with almost all the top 20 cryptocurrencies seeing green today. Market visualization from Coin360 Bitcoin’s (BTC) losses yesterday totalled more than 15 percent, […]
Continue Reading
On November 13, Amazon was granted with two crypto-related patents. On November 13, Amazon was granted two crypto-related patents. While the American e-commerce pioneer, with a revenue of over $177 billion, has not chosen to accept Bitcoin (BTC) and major altcoins as a payment option despite public interest and competitors’ experience, it has not ignored […]
Continue Reading
The cryptocurrency market crash has eased pressure on the U.K.’s financial regulator to introduce hasty new rules for the sector. The cryptocurrency market crash has eased pressure on the U.K.’s financial regulator to introduce hasty new rules for the sector, Reuters reported Nov. 20. As Reuters outlines, the U.K.’s Financial Conduct Authority (FCA) had been […]
Continue Reading
sponsored A new global blockchain finance infrastructure will allow users to recover their private keys – ensuring they “never lose their funds.” Fraud, inefficient and expensive systems, a lack of transparency and slow transactions at busy times are a reality for many business networks around the world – inconveniencing merchants, their customers, and even the […]
Continue Reading
Italian securities watchdog CONSOB has ordered cease and desist orders on several crypto-related firms for offering unauthorized financial services. The Commissione Nazionale per le Società e la Borsa (CONSOB) has ordered three crypto-related companies providing unauthorized investment services to cease and desist, an official release states Monday, Nov. 19. The first company, a trading platform […]
Continue Reading
The Spanish Ministry of Finance will investigate crypto investors to avoid tax fraud activities, with 15,000 taxpayers currently under investigation. The Spanish Ministry of Finance (Hacienda) will oversee 15,000 taxpayers who have made transactions with cryptocurrencies in the last year, El País, the largest Spanish-language newspaper, reports Nov. 19. Under the auspices of Hacienda, Spain’s […]
Continue Reading
India’s financial committee is reportedly set to present a long-awaited draft bill on crypto regulation in December. The Indian government is actively preparing a draft bill on crypto regulation, which is expected to see light this December, according to documents obtained by digital news website Quartz India Tuesday, Nov. 20. The government has filed a […]
Continue Reading
A recent study funded by the Canadian government has revealed that ICOs are facing regulatory compliance challenges that limit their potential. Initial coin offerings (ICOs) are facing a regulatory “compliance trilemma,” according to a recent study funded the government of Canada and the University of British Columbia (UBC). To prepare the report, the research team […]
Continue Reading
Software company Autodesk CEO said that blockchain can help combat corruption in the construction industry. American software corporation Autodesk CEO Andrew Anagnost said that blockchain could fight corruption in the construction industry, finance and investment news outlet the Australian Financial Review reported Nov. 19. Founded in 1982, Autodesk manufactures software for the construction, architecture, media, […]
Continue Reading