Blockchain News

Japan Implements Significant Changes to Cryptocurrency Regulation T…

Major changes are happening in the cryptocurrency space in Japan as new cryptocurrency regulation enters into force today. Among notable changes are the regulation of crypto custody service providers and crypto derivatives businesses. Japan has 23 regulated crypto exchanges; unregulated platforms have modified their terms of service affecting Japanese residents.

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US Transportation Dept. Says Blockchain Could Bring More Trust to C…

Safety and data protection are major concerns when it comes to the growing use of commercial drones, but blockchain could provide a working solution, according to a recent report by the U.S. Department of Transportation (DoT).

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SEC, Kik Continue Court Clash Over $100M Kin Token Sale

The SEC and Kik both filed oppositions to the other party’s motions for summary judgement late Friday, reiterating their arguments in the case and their respective takes on whether statements collected during the court battle to date are complete and accurate. 

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Making Money on Lockdown: 5 Effortless Ways to Earn Cryptocurrencie…

The various government responses to the coronavirus caused a lot of havoc across the global economy and millions of people are now out of work. A number of nation states have not lifted the lockdowns and no one’s really sure when the slew of shutdown industries will open again.

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Swiss Crypto Firm Closes $14.5M Series B to Help Secure Brokerage L…

Swiss holding company Crypto Finance AG has closed a $14.5 million Series B funding round co-led by Swiss investor Rainer-Marc Frey, Beijing-based private equity firm Lingfeng Capital and joined by Hong Kong’s QBN Capital.

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Hundreds of Darknet Listings Are Selling Masks and PPE Products for…

According to a recent research report written by the blockchain surveillance firm Elliptic, there’s been a massive influx of darknet market (DNM) vendors selling personal protective equipment (PPE) like masks and coronavirus test kits.

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Deutsche Bank Envisions Post Covid-19 Economy Accelerating Digital…

Since the covid-19 outbreak wreaked havoc across the world’s economies, the global multinational investment bank Deutsche Bank has been encouraging the use of digital currencies.

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BIS Researchers Say Coronavirus Could Spur Central Banks to Adopt D…

Researchers at the Bank for International Settlements (BIS) think COVID-19 may accelerate the adoption of digital payments and sharpen the debate over central bank digital currencies (CBDC).

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Coronavirus Relief: Cryptocurrency Aid Programs Launched to Combat…

Cryptocurrencies are being used to help fight the global coronavirus pandemic. Crypto companies are doing their part to provide coronavirus aid to countries, hospitals, and people suffering from covid-19. A coronavirus relief campaign, a Red Cross bitcoin fundraiser, and an investment fund are some coronavirus relief initiatives involving cryptocurrencies.

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Here’s How to Order Food From Your Home Using Cryptocurrency

Staying home during the coronavirus epidemic reduces the risk of getting infected with the deadly covid-19. The disease, which has already claimed the lives of over 20,000 people globally, spreads through human contact. Food is one of the few basic necessities that can regularly get you out of your house.

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While You're Under Quarantine, Check These Sites for Remote Crypto…

If you are on the lookout for a job in these pressing times, when the coronavirus pandemic has limited public movement and shut down businesses, it’s worth exploring opportunities to work from the relative safety of your home.

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6 Crypto Websites Blocked by Russia’s Media Watchdog, Including New…

In what seems to be another episode in a long-running campaign, the Russian telecom regulator has restricted access to at least six websites posting content related to cryptocurrencies. Тhe forum section of Bits.media, a leading crypto news outlet, is among the internet pages that have been blacklisted this month.

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That AlphaPoint $5.6M Funding Round? It’s a Band-Aid

The recent $5.6 million injection of capital into New York-based AlphaPoint was a form of bridge financing, the company confirmed to CoinDesk. But AlphaPoint would not say who provided the financing or its terms. Bridge financing is often used to cover financial shortfalls.

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BIS Paper Reckons With P2P Payments, Tokenized Securities, Central…

Researchers at the Bank for International Settlements (BIS) are grappling with the future of payments – so much so their newest quarterly report, released Sunday, is entirely dedicated to what that potential revolution holds.

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China Adopts Security Standards for Blockchain Applications in the…

Keeping the focus on blockchain development, banking authorities in China have issued a set of rules pertaining to the secure application of crypto-related technologies in the financial sphere. The new standards, the first of this kind, are to guide the work of developers and service providers operating in the industry.

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Blockchain Pioneer Caitlin Long to Build Crypto Bank in Wyoming

The U.S. may soon get its first dedicated bank for digital assets. A Wyoming corporation founded by blockchain legislative champion and Wall Street veteran Caitlin Long is preparing to apply for a special purpose depository institution (SPDI) charter with the state’s division of banking.

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Bitcoin ATMs Grow in Number Reaching Almost 7,000 in Operation Arou…

ATMs supporting digital coins have increased parallel to the predominant trend on cryptocurrency markets since the beginning of 2020. With over 400 new devices added in January, the global total is now closing on the 7,000 mark. The sector has seen exponential growth in the past three years.

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Ukraine Won’t Regulate Crypto Mining, Government Ministry Says

Ukraine's Ministry of Digital Transformation has indicated it won't be creating regulations for the crypto mining sector.

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Google Executive From India Joins Coinbase as Chief Product Officer

A Google executive from India has joined Coinbase as the new chief product officer after 11 years at Google. He aims to help Coinbase make cryptocurrency mainstream. “I am excited about what crypto and blockchain technology can do to democratize our financial systems,” the executive said, citing his experience growing up in India and the trauma of demonetization.

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Major Australian Exchange Expands to Singapore for Crypto-Friendly…

Independent Reserve, one of the largest cryptocurrency exchanges in Australia, is expanding to Singapore after an "overwhelmingly positive" response from the regulator.

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IBM and Chef Aarón Sánchez Bring Food to the Blockchain

Chef Aarón Sánchez and IBM teamed up at CES 2020 to create a vision of a blockchain-based food chain. IBM's Food Trust project, of which Sánchez is a part, aims to allow growers, grocers and cooks to track their food from seed to plate.

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Video Games Giant Ubisoft Is Looking for Blockchain Startups to Sup…

Are you developing a blockchain game that could be the next Cryptokitties or even take blockchain games mainstream, if only you had some help from a major company in the field? You’re in luck, because French video games giant Ubisoft is now looking for new blockchain startups it can support.

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Binance Donates $1 Million in Crypto for Australian Bushfire Relief

The cryptocurrency community is again showing its commitment to support charitable goals around the world. Binance, the most active international digital asset exchange, has donated $1 million to help with Australian fire relief efforts and invites the community to join the initiative. The recent bushfire season is considered to be the worst in living memory, causing billions in damages.

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33,000 Companies Register Blockchain Business in China

China now has more than 33,000 registered companies claiming to use blockchain technology in their businesses, according to the country’s Center for Information and Industry Development. The information was released at a recent blockchain conference hosted by a Chinese municipal government and several state-backed research institutes.

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YouTube Calls Crypto Purge a Mistake But Many Videos Still Missing

YouTube erroneously purged cryptocurrency education videos from its video-sharing platform this week but claims to have reinstated them, according to a spokesperson. Content creators, however, are telling a different story.

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Chinese Internet Giant Tencent to Launch Digital Currency Research…

Tencent, the Chinese internet giant and owner of WeChat, is reportedly forming a team to explore possible new use cases for cryptocurrencies.

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Ciphertrace Says Banks Unknowingly Process $2 Billion in Crypto per…

According to the blockchain analysis firm Ciphertrace, major U.S. banks process roughly $2 billion in digital currency transactions that go undetected every year. Ciphertrace disclosed a slew of financial institutions have not deployed the right KYC/AML infrastructure to detect unregistered cryptocurrency transfers.

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Dutch Bank ING Reportedly Working on Crypto Custody Tech

Netherlands-based banking multinational ING is developing technology for the custody of crypto assets, according to Reuters.

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Microsoft Collaboration Fuels 50% Rally for Enjin’s Cryptocurrency

Microsoft’s collaboration with blockchain gaming startup Enjin has prompted a roughly 50 percent surge in the project's native token over a two-day period.

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IBM Patents Blockchain to Stop Drones From Stealing Packages

Amazon, DHL and FedEx are building drones that deliver packages to your door. IBM, however, envisions a future where drones steal them instead. 

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