South Korea’s Financial Services Commission plans to encoureage businesses to use blockchain tech in new payment systems and more.
In Praise of the Cryptocurrency Bubble
This mania is incentivizing the formation of collaborative networks of developers and entrepreneurs. Their ideas will shape the economy of the future.
Korea Telecom Announces Blockchain For Network Security
South Korean telecom provider KT unveiled a new system based on a blockchain security-focused network.
How Much Should A Blockchain Cost? The Compelling Case for Higher Fees
While many think crypto transaction fees should be pushed lower, these researchers believe users could be paying more.
Snowden Leak Suggests NSA Is Extensively Tracking Bitcoin Users
The U.S. National Security Agency is reportedly aiming to track down users behind the bitcoin blockchain.
American Bar to IRS: Create Safe Harbor for Hard-Forked Cryptos
The American Bar Association Section of Taxation issued some advice to the IRS regarding the taxation of cryptocurrency produced by hard forks.
<h1>G20’s Closing Statements On Cryptocurrency And Blockchain</h1>
The G20 summit in Argentina closed its session with a directive for future development of crypto-asset and blockchain standards, protections, and innovation.
<h1>US Treasury Could Add Cryptocurrency Wallet Addresses To Sanctions List</h1>
The Treasury has laid the groundwork to add specific wallet address to its SDN List, but the efficacy of the department’s approach is questionable.
<h1>Did Russia Help Create The Venezuelan Petro To Undermine US Sanctions?</h1>
Russian officials and businessmen were reportedly instrumental in helping Venezuela create its oil-backed petro cryptocurrency. If true, the interference was likely intended to erode US sanctions that have afflicted Russia since 2014.
<h1>Edward Snowden Reveals Bitcoin Inquiries By NSA</h1>
The NSA has been snooping around the bitcoin blockchain – and maybe a little more.
A16z, USV Lead $12 Million Funding for Ethereum App CryptoKitties
CryptoKitties will break away from its developer, Axiom Zen, after raising $12 million of venture capital.
Maryland Bills Call for Study, Possible Regulation of Blockchain
Maryland’s proposed Financial Consumer Protection Act would represent the U.S. state’s first regulatory pronouncements on cryptocurrency since 2014.
<h1>France’s Le Maire Places Cryptocurrency Regulation ‘At Heart’ Of G20 Discussions</h1>
France’s minister of finance published an op-ed today, highlighting France’s crypto-related ambitions. He used very enthusiastic language and likely timed the publication to coincide with today’s G20 meeting of central bankers.
Wikipedia Rival Everipedia Plans Token Airdrop in June
Decentralized encyclopedia startup Everipedia announced it would airdrop its IQ tokens to members in June.
G20 Calls for Crypto Regulation Recommendations By July
Argentina’s Central Bank chairman, Frederico Sturzenegger, said the G20 members are looking for “specific recommendations” on cryptocurrencies.
<h1>FTC Creates Blockchain Working Group</h1>
On Friday, the Federal Trade Commission (FTC) established a blockchain working group, which will facilitate external coordination on enforcement actions among other responsibilities.
<h1>G20 Summit Attendees Largely Agree That Cryptocurrencies Are Assets</h1>
Financial authorities currently attending the 2018 G20 Buenos Aires summit are reportedly nearing a consensus on the position that cryptocurrencies are assets.
Report: Russians Helped Venezuela Launch the Petro
Time Magazine reported Tuesday that the Russian government helped Venezuela develop the petro cryptocurrency with the support of Vladimir Putin.
Bermuda Drafting ICO-Friendly Legislation to Draw Crypto Businesses
Bermuda is drafting ICO regulation in the hopes of creating a friendly environment for crypto businesses, the island’s premier has said.
US Treasury Publishes 5 Tips For Blockchain Projects
The US Treasury Department has just published five tips for building blockchain projects based on lessons learned during work on a proof-of-concept.