Canada’s DMG Blockchain Installs 1,000 New Bitcoin Mining Rigs for US Client

Tech company DMG Blockchain Solutions has installed 1,000 new Bitcoin mining machines at its facilities in British Columbia, Canada. Canadian tech company DMG Blockchain Solutions has installed 1,000 new Bitcoin (BTC) mining machines at its Christina Lake mining-as-a-service facility in British Columbia.  Per a Jan. 6 press release, DMG has purchased the new miners from […]

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South Korean Presidential Committee Recommends Allowing Bitcoin Derivatives

A South Korean presidential committee has reportedly recommended that the government allow the development of cryptocurrency derivatives in the country. The South Korean Presidential Committee on the Fourth Industrial Revolution (PCFIR) has recommended the government to allow financial institutions to launch cryptocurrency-based financial products. Local English-language news outlet BusinessKorea reported on Jan. 6 that the […]

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China Is Opening Doors to Blockchain — Private and Public

Chinese President Xi publicly supports blockchain development in the country. The first blockchain industrial park was opened in Shanghai’s Baoshan District in November 2016 with the goal of not only developing blockchain technology for government-related work, but also for connecting the technology with finance, insurance, real estate, intellectual property and other industries. Shortly after the […]

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