Latest news — Page 601

A copy of a draft bill that seeks to ban cryptocurrencies in India has been uploaded on Scribd by blockchain lawyer Varun Sethi.

South Korean credit card giant Shinhan Card has been granted a patent for a blockchain-based payment system, The Korea Times reported.

Venture capital firm Outlier Ventures has announced a new initiative that aims to “enable a new open data economy built on the decentralized web.”

Support: 84.09 (50% Fib); Resistance: 97.51 (5-DMA)

Support: 9854 (55-EMA); Resistance: 11071 (21-EMA)

Enterprise blockchain technology firm R3 is reportedly considering to launch an initial public offering (IPO), according to Bloomberg.

The Bank of Thailand is reviewing blockchain-based applications in a number of areas, governor Dr. Veerathai Santiprabhob said recently.

PayFast, South Africa’s first-ever online payment gateway that accepts Bitcoin, has announced that it will drop Bitcoin support from its platform, citing issues like network congestion and high fees.

Facebook’s cryptocurrency project ‘Libra’ has created quite a stir in the regulatory bodies across the globe.

Georgia becomes the latest nation to exempt cryptocurrencies from value-added taxes (VAT), a move that supports Bitcoin’s status as a currency, according to Bitcoin.com.

Bitpoint Japan, which recently suffered a major hack, has discovered a part of the stolen funds, The Mainichi reports.

A number of major South Korean companies are joining forces to build a blockchain-based identification platform, The Korea Times reported July 15.

In its bid to revolutionize the shipping industry, tech firm CargoSmart managed to secure new members to its lineup of cargo operators in the form of the maritime industry operators. These include “CMA CGM, COSCO SHIP…

Jon Montroll, the CEO of Bitfunder pleaded guilty to charges including securities fraud and obstruction of justice. As a result, he will be spending 14 months behind bars in a recent ruling by Judge Richard M. Berman …

Veil is the crypto prediction and derivatives platform that launched back in January. Not even a year later, it is already shutting down. Its services will be suspended on July 24 and it will no longer be possible to …

More Bitcoin derivatives, as well as that of other crypto coins, might soon become available if the efforts by trueDigital Holdings pulls through. As a digital assets management firm, what it wants to accomplish is ga…

With blockchain being a relatively new technology, many of its aspects are still confusing even to government leaders. This is why the US Chamber of Digital Commerce is holding an education day where members of the Ho…

A state in Brazil is making use of Blockchain in order to facilitate government contract bids in a more transparent and open manner. This will do so by tracking the details of the bid, which will then allow regulators…

At this point, it has been well-established that Japan and many other countries view Facebook Libra with extreme mistrust. This is why, ahead of the G7 summit, Japan will be placing the crypto offer under a microscope…

Mark Cuban is the billionaire mogul who has made it abundantly clear that he sees cryptocurrency as nothing more than a scam. In a recent round of tirade against the industry, he directed his ire at Facebook Libra. He…

More and more retailers are now accepting payments via bitcoin, and Australia just added another one on the list with the Independent Grocers of Australia (IGA) joining in. Composed of several supermarkets in the coun…

With tokenization being relatively new, it would seem that China is already far ahead of everyone else in the game. Firms that dipped their fingers into the turning and offering of digital assets, and came away with t…

A new report just came out to claim that countries like Russia and Iran are now looking to blockchain to figure out ways in which they can circumvent the sanctions imposed by the US. This could have huge implications …

Even though blockchain is roughly considered a decentralized ledger technology, the US Senate wants a clearer definition of the network as far as its uses are concerned. To that end, it recently approved of the Blockc…

A new license that was granted to the crypto firm Prasos by the EU now gives the broker to additional leeway in 28 countries. Called the Payment Institution License (PIL), it is a symbol of how much trust is now being…

Bitcoin and cryptocurrency, in general, have been compared to a lot of things and gold is now one of them. This is courtesy of Jerome Powell, the chairman of the US Federal Reserve when he said that the crypto coin is…

Trump lashes out Bitcoin, Facebook's Libra, argues they should face banking regulations U.S. President Donald Trump said he is “not a fan” of cryptocurrencies as they are “not money” and suggested that Facebook may ne…

The Litecoin Foundation has announced that Litecoin (LTC), the fourth largest cryptocurrency by market cap, has become the official cryptocurrency of the Miami Dolphins.

Support: 0.28 (Trendline support); Resistance: 0.3655 (5-DMA)

Japanese cryptocurrency exchange Bitpoint has suffered a major hack in which it lost 3.5 billion yen (approximately $32 million).

A candidate running for Congress is trying to give his campaign workers incentives via Ethereum tokens. Recently, the Federal Election Commission (FEC) published a draft advisory opinion expressing the intent to appro…

Support: 29.18 (5-DMA); Resistance: 37.37 June 26 high)

HSBC is really stepping up its blockchain game with the major banking entity reducing the time it takes to process transactions with its blockchain platform, Voltron. Simply put, the decentralized ledger network manag…

IDEO’s venture arm IDEO CoLab Ventures announced its partnership with 20 leading organizations and protocols to launch a blockchain accelerator called Startup Studio.

Following China’s lead, Turkey is now considering the idea of putting cryptocurrency under the direct supervision of its central bank. This news comes in conjunction with the Eleventh Development Plan that was submitt…

U.S. President Donald Trump said he is “not a fan” of cryptocurrencies as they are “not money” and suggested that Facebook may need a “new banking charter” if it plans to launch its cryptocurrency Libra.

The U.S. Securities and Exchange Commission (SEC) has granted ethereum-based token Props a Regulation A+ qualification, making it the first consumer-facing SEC-qualified crypto token.

Loans can be lifesavers when given the right circumstances, but there is a case to be made about transparency on the issue. This is where the service by Cadence comes in since it involves the use of blockchain for the…

Blockchain has been argued to be useful in practically any field and a recent fundraising event involving Sia Network proves that it also has a place in streaming.

When it comes to the possible usage of blockchain, the issuance of corporate debt through bank transactions is just one of the more promising fields.