Blockchain News

Tourists in Popular Japanese Region Could Soon Use a Local Cryptocu…

Mitsubishi Research Institute (MRI) and an Osaka-based railway company are issuing a local cryptocurrency for use in a popular tourist area in Japan’s Mie Prefecture.

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tZERO-Backed Startup Seeks SEC Approval to Launch Security Token Ma…

A firm part-owned by Overstock’s tZERO is seeking regulatory approval to launch one of the first markets for publicly traded, registered security tokens.

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Crypto and Real Estate Were Built for One Another

Whether buying, selling or tokenizing real estate, the property market and blockchain are deeply intertwined. As the purchase of property has become possible with bitcoin, so has the wider potential of blockchain technology to transform the industry.

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DTCC Pushes Back Blockchain Project to Avoid Brexit Complications

The Depository Trust & Clearing Corporation (DTCC) has pushed back the release of its blockchain-based post-trade system for derivatives by several months, in part because of complications created by Brexit. 

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NBA Says Basketball Player Can’t Tokenize His Contract After All

Spencer Dinwiddie took a shot at tokenization, but the National Basketball Association blocked him.

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Crypto Exchange Giant Binance to Launch US Trading Tuesday

Binance.US, the American arm of cryptocurrency exchange giant Binance, has announced it will start trading fiat-crypto and crypto-crypto trading pairs on Tuesday.

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Verizon Just Won a Patent to Create Virtual SIMs on a Blockchain

Telecommunications conglomerate Verizon is eyeing the use of blockchain technology to underpin the dynamic creation of virtual SIM cards.

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The Hype Has Faded But Demand Remains for Enterprise Blockchains

The days when blockchain was portrayed as a cure-all for businesses of all kinds have gone. Now that the hype has faded, enterprise blockchain projects have quietly begun to ship. While some of these initiatives have faded into obscurity, others have prospered, suggesting that there’s life in enterprise blockchain yet.

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New Head of China’s Digital Currency Says It Beats Facebook Libra o…

The Chinese central bank has a new digital currency chief who says its upcoming digital yuan has features not offered by Facebook Libra.

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HSBC Targets China Trade With Yuan-Demoninated Blockchain Letter of…

HSBC has carried out the first blockchain-based letter of credit transaction denominated in Chinese yuan.

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Swiss Regulator Licenses Two New Blockchain Companies as It Shores…

Swiss financial authority FINMA offered guidance this week on anti-money laundering (AML) requirements for blockchain-based companies even as it granted broker-dealer licenses to two new blockchain companies.

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Cryptocurrency Domains Have Become Hot Property

Bitcoin, cryptocurrencies, and blockchain technology have become mainstream terms and are now featured in most dictionaries. Crypto-related terms have a lot of value when they are tethered to a web domain, and these days digital currency domains are prime real estate, with some selling for up to seven figures.

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BitPay Says Crypto Spending on Real Estate to Double in 2019

A luxury condominium complex in Orlando, Florida, is the latest firm to partner with BitPay to provide bitcoin payment processing for real estate transactions.

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Derivatives Drama: The Unintended Consequences of Crypto Regulation

Last week’s kerfuffle over the launch-that-wasn’t of LedgerX’s physically delivered futures platform highlights two very important lessons, one obvious and one less so.

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Banks Stopped Walmart Bank – Now the Retail Giant Hits Back With Cr…

On August 1, it was discovered that the giant retail corporation Walmart has patented plans for a stablecoin that’s backed by U.S. dollars. If released into the wild, the USD-based cryptocurrency would be issued to select Walmart retailers and partners while the patent’s description explains the coin could be used outside of Walmart’s retail scope as well.

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Reddit Roasts the IRS: Have America's Tax Collectors 'Gone Crypto F…

In a juicy little chunk of news from the Redditsphere, a user claiming to be a former IRS employee has called the agency’s new crypto compliance letters “broad and very error-prone fishing expeditions.” The throwaway account details the “really bad data” used by the agency, saying they’re operating mostly from guesswork, casting broad nets and leveraging fear to generate revenue.

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10,000 American Cryptocurrency Owners Will Receive Warning Letters…

On July 26, the U.S. Internal Revenue Service (IRS) announced that the tax agency has started sending letters to American cryptocurrency owners advising them to pay their taxes. According to the organization, three types of letters will be sent to more than 10,000 taxpayers by the end of August.

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Steve Wozniak Has Joined an Energy-Focused Blockchain Startup in Malta

Apple co-founder Steve Wozniak has joined a Malta-based blockchain enterprise targeting more efficient use of energy.

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India to Educate High-Ranking Police Officers on Cryptocurrency

India’s national police academy has launched a cryptocurrency course for high-ranking officers of the Indian Police Service. Among the objectives of the course are the functioning and legal aspects of cryptocurrencies, as well as investigations of cases involving digital coins.

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The Swiss Are Onto Something: Facebook, Libra and the Case for Dece…

A recent letter from the U.S. House of Representatives to social media giant Facebook has crypto users speculating feverishly. The implications of the letter, and Calibra CEO David Marcus’ recent response, will inform the future of money not only in America, but worldwide.

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What Makes Slovenia a Cryptocurrency Leader – Bitcoin.com Mini-Docu…

Slovenia has a population of just 2 million but contains more retail locations accepting bitcoin cash payments than the entire United States. What makes this small country such a cryptocurrency adoption leader? Watch the following video to find out.

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Libra White Paper Shows How Facebook Borrowed From Bitcoin and Ethe…

With the long-awaited Libra white paper, Facebook is showing off its blockchain smarts, and making a bid for crypto credibility.

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IBM, Maersk’s Blockchain Platform TradeLens Is Shipping to Russia

A blockchain-powered platform built by IBM and Maersk and designed to facilitate international trade is to launch in Russia.

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Polish Cryptocurrency Exchange Shuts Down Overnight, Taking Funds W…

A polish cryptocurrency exchanged called Coinroom shut down on April 2, 2019, taking multiple customer accounts worth up to $15,000. The site is currently down and there is no way to contact the founders.

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What to Expect at the SEC’s Blockchain Forum on Friday

At a fraught moment for government-industry relations, U.S. regulators and cryptocurrency insiders are sitting down for a meeting.

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G20 Countries Start Implementing Unified Crypto Standards

As the G20 summit approaches, member countries have been discussing how to implement the standards set by intergovernmental organizations such as the Financial Action Task Force. While there may be some challenges in complying with the standards, the European Central Bank says the risks crypto assets pose to the euro area’s financial stability are manageable.

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Traders Are Now Banned From Using Localbitcoins Exchange in Iran

Traders from Iran have been banned from using the peer-to-peer trading platform Localbitcoins.com within the country. The Iranian section of the website displays a short message that states that the exchange is “currently not available.” The news follows significant Iranian rial trade volume on the Localbitcoins platform, which has been climbing steadily over the last few weeks.

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US Copyright Office Says It Does Not ‘Recognize’ Craig Wright as Sa…

Even as bitoin SV (BSV) enjoyed a Craig Wright/Satoshi bump Tuesday, the U.S. Copyright Office was hard at work dispelling notions that it officially “recognized” anyone as the inventor of bitcoin.

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Codename ‘TRUEngine:’ GE Aviation and Microsoft Reveal Aircraft Par…

GE Aviation, which supplies jet engines to about 60 percent of the global airline industry, has built a supply chain track and trace blockchain with the help of Microsoft Azure.  

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Renewed Market Growth Has Sparked Demand for Crypto-Backed Loans

With cryptocurrency markets back to life, hodling sounds like a smart strategy once again. Cryptocurrency owners are now more likely to pledge coins to borrow fiat if they need it, rather than sell their appreciating digital assets.

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