Goldman Sachs CEO David Solomon has refuted that the bank ever had any plans to open a crypto trading desk. Goldman Sachs CEO David Solomon has categorically refuted that the bank ever had any plans to open a crypto trading desk and stated that earlier media reports suggesting otherwise were incorrect. Solomon made his remarks […]
Continue Reading
Barclays and the Royal Bank of Scotland joined around 40 entities testing a platform based on R3’s Corda. Two major United Kingdom banks — Barclays and Royal Bank of Scotland (RBS) — have joined a trial using blockchain to streamline real estate purchasing after rethinking the technology’s potential, Bloomberg reported on April 4. The trial, […]
Continue Reading
Blockchain Holdings Capital Ventures partnered with SG Blocks to develop decentralized data centers. United States-based Blockchain Holdings Capital Ventures (BHCV) has partnered with SG Blocks, which uses cargo shipping containers in construction to develop its multi-container data centers, according to press release on April 1. The blockchain company, which focuses on real estate, energy and […]
Continue Reading
Innisfil residents will be able to pay property taxes in Bitcoin through third-party service Coinberry Pay. The Ontario town of Innisfil, Canada, is now running a pilot program which will enable residents to pay property taxes with cryptocurrencies. The Innisfil Council voted to approve the program on March 27. Per the CBC, Innisfil, in partnership […]
Continue ReadingLobbying on blockchain and crypto has reportedly grown on K Street, having tripled over the past year. The number of lobbies working on blockchain technology issues in Washington D.C. tripled in 2018, politics-oriented news outlet Politico reported on March 18. The number of entities lobbying on digital currencies and blockchain reportedly grew almost thrice in […]
Continue Reading
Adoption of Bitcoin payments by Kroger and Starbucks may be tipping point for crypto. It’s no secret that cryptocurrencies don’t receive many plaudits in the mainstream media as reliable means of payment. Critics have even claimed that Bitcoin “sucks” as a payment mechanism. Yet, despite that blinkered skepticism, cryptocurrency payments actually grew last year. Payment […]
Continue Reading
Dubai-based real estate giant Emaar will launch an ERC-20 token developed by Swiss blockchain startup Lykke. Dubai-based real estate giant Emaar has announced plans to launch a token and is considering holding an initial coin offering (ICO) in Europe, English-language local media Arabian Business reports on March 11. Per the article, the token will be […]
Continue ReadingBig Four firm Ernst & Young has released a new product for claiming taxes on cryptocurrencies. Big Four auditing and professional services firm Ernst & Young EY) has launched a tool for accounting and preparing taxes on cryptocurrency holdings, according to a press release published on Mar. 4. The new tool called EY Crypto-Asset Accounting […]
Continue Reading
Ohio state treasurer Robert Sprague revealed that the authority has collected two tax receipts via cryptocurrency to date. Two businesses in the United States state of Ohio have paid taxes with cryptocurrencies, state Treasurer Robert Sprague said in a forum on Feb. 19. Ohio became the first state to allow businesses to pay taxes with […]
Continue Reading
The County Auditors’ Association of Ohio has announced the formation of a working group to study the use of blockchain for the effective transfer of property deeds. The County Auditors’ Association of Ohio (CAAO) has announced the formation of a working group to study the use of blockchain for the effective transfer of property deeds. […]
Continue Reading