Russia’s state-owned Gazprombank is reportedly looking into facilitating cryptocurrency transactions through a Swiss subsidiary.
Bitpay Raises $40 Million in Series B Round
Bitpay has raised $40 million in a traditional funding round led by Aquiline Technology Growth.
South Korea’s Capital Is Planning to Launch Its Own Cryptocurrency
The South Korean city of Seoul is developing the ‘S-Coin,’ a cryptocurrency that could be used in social benefits programs.
Vitalik: Ether Cap Is a ‘Joke’ Worth Taking Seriously
Ethereum creator Vitalik Buterin said he wrote a proposal to cap ether at 120 million tokens as an “April Fool’s meta-joke” to stimulate debate.
China’s Sinochem Completes Gasoline Export Over Blockchain System
Chinese petrochemical giant Sinochem has successfully used blockchain technology to conduct a gasoline shipment to Singapore.
How Bad Was Q1’s Crypto Market? Just Two Top-Tier Tokens Saw Green
The crypto markets had a rough ride in the first quarter of 2018, with just two tokens bucking the downtrend.
BankChain Project Launches Blockchain Exchange for Stressed Assets
The India-based consortium has launched a blockchain-based exchange for trading non-performing assets.
Taiwan Central Bank Proposes Money Laundering Rules for Bitcoin
The Central Bank of Taiwan is eyeing new rules that would bring bitcoin under the island’s existing anti-money laundering regulations.
Above $7K: Bitcoin Eyes Gains After Death Cross Fails
Despite having witnessed a so-called “death cross” over the weekend, bitcoin is now eyeing gains above the $7,000 mark.
Bitcoin Is Close to Cutting Fees with Better Coin Selection
Years of work has culminated in Bitcoin Core software getting a “coin selection” upgrade that will lower transaction fees and scale the blockchain.
Korean Police Bust Bitcoin Miners Illegally Using Cheap Factory Power
Companies using cheap electricity to mine cryptocurrencies at industrial complexes in South Korea have reportedly been arrested by police.
Thailand Inches Closer to Cryptocurrency Taxation
Thailand is expected to enact a law soon that will mandate cryptocurrency traders for both value added tax as well as capital gain tax.
Do You Owe the IRS for Crypto-to-Crypto Trades?
For cryptocurrency traders, the ability to use like-kind exchange rules to avoid U.S. tax on trades is a bit of a “good news/bad news” story.
TD Bank Considers Public Blockchain for Asset Tracking
A newly published patent application indicates that TD Bank may be considering the use of a public blockchain for certain kinds of transactions.
I Survived the Eternal Boy Playground, But Will Puerto Rico?
Brock Pierce is leading a herd of crypto entrepreneurs and investors to Puerto Rico and the island seems mostly welcoming. Is that the right move?
120 Million? Vitalik Proposes Cap on Ether Cryptocurrency
The creator of the world’s second-largest cryptocurrency has floated a possible change to the network’s long-opaque ether issuance policy.
The Maddening Task of Calculating Taxes on Crypto
Calculating tax exposure is always a data-heavy business process. With regular assets, this process is simple. In cryptocurrency, it’s anything but.
IBM Evolution: Big Blue Is Finally Getting Serious About Cryptocurrency
IBM is breaking from enterprise blockchain norms by publicly working with cryptocurrencies in a wide range of projects.
Everything You Were Afraid to Ask About Crypto Taxes
There’s a lot of information to process, but ignoring it can be hazardous. The IRS is going to come after investors who are not reporting their gains.
<h1>ECB, Bank Of Japan Publish Findings On Project Stella Phase 2</h1>
On Tuesday, the European Central Bank and the Bank of Japan released a joint report on part two of Project Stella, which focused on securities settlement systems: delivery versus payment (DvP) in a distributed ledger environment. Although securities settlement is conceptually possible in single-ledger or cross-ledger DvP systems, the banks said that additional study would be required.