PBoC develops blockchain system to digitize checks
Jun 06, 2018 05:51 am UTC| Digital Currency
The Peoples Bank of China (PBoC) has completed its initial work on a blockchain-based system that digitizes checks issued by domestic businesses, CoinDesk reported referring to an op-ed by a senior PBoC official. Di...
New York state legislature advances bill on creation of cryptocurrency task force
Jun 06, 2018 05:06 am UTC| Digital Currency
The New York state legislature last month voted to advance a bill that seeks to create a digital currency task force, CoinTelegraph reported. The legislatures banks committee voted on the bill. The task force will...
Indonesian regulator to allow cryptocurrency trading as commodities
Jun 06, 2018 04:18 am UTC| Digital Currency
Indonesias Futures Exchange Supervisory Board (Bappebti) has signed a decree to make cryptocurrencies such as bitcoin a commodity which could be traded on stock exchanges, The Jakarta Post reported referring to a local...
TRON raises bug bounty rewards to $10M ahead of public blockchain launch
Jun 06, 2018 03:27 am UTC| Digital Currency
The TRON Foundation, the organization behind TRON a project dedicated to the establishment of a truly decentralized Internet and its infrastructure, has increased the rewards for its bug bounty program to a maximum of $10...
Jun 05, 2018 15:04 pm UTC| Research & Analysis Digital Currency Fintech Insights & Views Commentary
The Securities and Exchange Commission today announced that Valerie A. Szczepanik has been designated as the Associate Director of the Division of Corporation Finance and Senior Advisor for Digital Assets and Innovation...
IMF reckons “cryptoassets can strike a chord in demand/supply equation for central banks’ currency”
Jun 05, 2018 14:31 pm UTC| Research & Analysis Digital Currency Central Banks Insights & Views Commentary
It is universal fact that we witnessed global financial crunch during 2008-09, the recession struck all most all major markets (and especially, Bond/treasury markets). Thats when the discovery of Bitcoin has caused many to...
Seattle Blockchain VC announces a historic cryptocurrency- based 13D SEC filing
Jun 05, 2018 13:42 pm UTC| Research & Analysis Digital Currency Governance Insights & Views Commentary
The SECs regulation facilitates capital formation, which assists entrepreneurs launch businesses and companies prosperity. While Seattle-based blockchain venture capital (VC) firm Pitha has filed the very first 13D SEC...