CoinDelite
The United States Department of Agriculture (USDA) Marketing Service has proposed amending its rules on organic products to include implementing blockchain technology to trace its supply chain. On August 5, per a report from the USDA Agricultural Marketing Service (AMS), the agency stated it demands electronic tracking systems, including digital ledger technology …
On August 10, Bitcoin (BTC) fell several hundred dollars in seconds as $12,000 once more proved too hot to handle. Bitcoin Price Gains New Focus at $11,700 During Monday trading, data from Coin360 confirmed BTC/USD nosedive 4%, jumping off $11,500 and since returning to $11,700. In doing so, BTC easily filled the …
We’re abruptly witnessing banks lining up to support crypto custody. In South Korea, one of the largest banks, KB Kookmin Bank, has partnered with blockchain venture fund, Hashed, and crypto trading platform, Cumberland Korea, to build “strategic technology cooperation” on the custody of digital assets. The businesses on the partnership …
Only after five months, the Indian courts lifted the blanket ban on crypto, an Indian government official announced that two ministries and the Reserve Bank of India are actively working on a legal framework considering a new law banning cryptocurrencies. On August 4, per the report, from Indian news website Moneycontrol, …
A report updated by Japan’s self-regulatory body JVCEA proves that the number of active crypto traders in the country decreased in March. According to data published in March 2020 by the Japan Virtual and Crypto assets Exchange Association (JVCEA), in March, due to the rise in fiat deposits, overall activity on crypto …
Kosala Hemachandra, the founder of MyEtherWallet (MEW), believes that this year ETH 2.0’s beacon chain will launch though he says the fully-fledged version of ETH 2.0 is still years away. The first upgrade of the Ethereum 2.0 was originally set for Jan 2020 but then delayed to this week with …
On July 29, Koinly, a Crypto taxation software provider has announced a partnership with three Australian digital asset exchanges Coinjar, Cointree and Swyftx to simplify their clients’ tax reporting. Coinjar, Cointree and Swyftx proclaimed support for Koinly allowing the exchanges’ customers to automatically feed trading data to Koinly via CSV …
In a new report, Mastercard executive operating at the troubled FBME bank in Cyprus has been accused of Money laundering cover-up at the bank, linked with the Controversial German payments processor and the issuer of several crypto debit cards, Wirecard. The United States’ Financial Crime Enforcement Network had banned U.S. …
Since 2018, despite crypto-related activities being illegal, the Republic of Abkhazia still allows the import of crypto mining rigs. A surge has been observed in crypto mining activities, customs has proclaimed that mining hardware worth over $589,000 have crossed the border over the past six months. Per Nuzhnaya Gazeta, importing crypto mining …
Gibraltar Finance, the business development arm of Gibraltar’s government, has been announced that it will provide support to the forthcoming Post-COVID Hackathon as an official partner — a global, online initiative intended to create open-source solutions addressing the health, social and economic challenges posed by the post-COVID-19 era. The event …
