Although decentralization is one of the foundational pillars of the cryptocurrency revolution, many of the world’s largest cryptocurrency exchanges still maintain centralized power structures. How did this paradigm come to be, what does it mean, and where is it leading the ecosystem?
Quebec Pushes Hydropower Utility to Halt New Bitcoin Mines
Quebec is temporarily suspending new cryptomining operations from setting up facilities in its low-cost power region.
<h1>Internal Revenue Service Reminds Taxpayers To Report Cryptocurrency Gains</h1>
Circle April 17, 2018, in your calendars – that’s the deadline to file 2017 returns and pay any taxes due to the IRS. And don’t forget about cryptocurrency gains either!
Smart Contracts Now Recognized Under Tennessee Law
Tennessee has officially approved the use of a blockchain to store legally binding contracts and signatures.
<h1>TMX’s Shorcan Announces Cryptocurrency Brokerage Services for Q2 2018</h1>
Parent company to the Toronto Stock Exchange and Canadian Derivatives Clearing Corporation announced a cryptocurrency brokerage service.
<h1>China’s IT Ministry Hints At Blockchain Standardization Committee’s Mandate</h1>
The role of a recently-announced blockchain standards committee, which will be a Chinese government body, is beginning to come into focus.
<h1>bitARG Exchange Tokyo Denies Reports Of Purchase By Yahoo! Japan Subsidiary</h1>
On Friday, several media outlets reported that Yahoo! Japan planned to acquire an ownership stake in bitARG Exchange Tokyo Co. Ltd. However, on its website, bitARG said that while it is studying potential partnerships, the exchange has not taken any action at this time.
IRS Reminds US Taxpayers to Report Crypto Earnings
The IRS sent U.S. taxpayers a reminder Friday to pay taxes on any gains made from trading cryptocurrencies over the last year – including payments.
<h1>Blockchain Component Critical In US Postal Service System Patent Application</h1>
A patent application that was recently filed by the US Postal Service describes next-generation “methods and systems” for digital security being explored by the agency. The application mentions the use of blockchain technology as well as a “special digital token” to achieve high levels of trust for what may amount to a futuristic email service.
US Government Watchdog: Regulations Are Hobbling DLT Innovation
The U.S. Government Accountability Office said cumbersome U.S. financial regulations are inhibiting innovation by distributed ledger tech startups.
‘Fake News’: Russian Official Reportedly Denies Involvement with Petro
A Russian official has called reports that the country helped Venezuela launch its controversial petro cryptocurrency “fake news.”
<h1>Fujitsu Inaugurates International Blockchain Innovation Center In Brussels</h1>
Fujitsu has signaled its long-term commitment to blockchain technology with the inauguration of its European Blockchain Innovation Center to be built in Belgium.
Ireland’s Finance Department Plans Blockchain Working Group
Ireland’s Department of Finance has proposed the creation of a blockchain working group to help form cohesive regulation across government agencies.
Steve Seagal-Backed ‘Bitcoiin’ ICO Hit with Regulator Warning
The Tennessee Department of Commerce and Insurance is warning the states residents about the Steven Seagal-backed “Bitcoiin” project.
9 Malaysian Banks Team Up for Trade Finance Blockchain Apps
Nine Malaysian banks have teamed up to develop blockchain applications for trade finance, according to the country’s central bank.
ICON to EOS: 3 Cryptos Are Leading the Market Recovery
The cryptocurrency markets regained some poise in the week ending March 23, with several individual tokens making more notable gains.
Banks Building Blockchain Confront Tech Limitations
Executives working with two of the largest live blockchain implementations spoke on stage at the DTCC’s annual fintech event.
Banks Building Blockchain Confront Tech Limitations
Executives working with two of the largest live blockchain implementations spoke on stage at the DTCC’s annual fintech event.
Banks Building Blockchain Confront Tech Limitations
Executives working with two of the largest live blockchain implementations spoke on stage at the DTCC’s annual fintech event.
Banks Building Blockchain Confront Tech Limitations
Executives working with two of the largest live blockchain implementations spoke on stage at the DTCC’s annual fintech event.