Blockchain News

Malta says New Cryptocurrency Rules aren’t yet into Effect

Malta’s new digital currency regulatory framework has not taken into force just yet. Three bills regarding digital currencies, distributed ledger technology, and blockchain, passed by Maltese Members of Parliament in June, set out many ambitious changes to the nation’s legal landscape overseeing digital currency-related businesses. Although, the Malta Financial Services …

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Supreme Court of India Postpones Crypto Banking Ban to September

Indian Supreme Court has decided to postpone the case on Banning the cryptocurrency firms from receiving banking services that are appealed by Reserve Bank of India’s (RBI) The local news channel Inc42 has published a report saying that decision on the ban has been postponed to September 2011. The board of judges …

Cryptocurrency news

CBS’s Showtime is Mining Cryptocurrency using Visitors’ CPU Power

An increasing number of websites have been found secretly mining cryptocurrency. Earlier this week, Change.org launched a screensaver that mined Monero when the user’s PC is inactive. This is a great way for websites to generate revenue and the end-user does not need to pay the website or encounter ads, instead, …

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Importing Crypto Mining Hardware Suspended by The State Bank of Vietnam

The State Bank of Vietnam (SBV) is the Central bank of the country. On July 19, 2018, Viet Nam News reported that the bank enforced a suspension on the import of cryptocurrency mining hardware. This move comes after the Ministry of Industry and Trade (MoIT) suggested that the import of crypto …

Cryptocurrency news

Switzerland Supports Cryptocurrencies by Easing Regulations

Switzerland was once hailed as “Crypto Nation”. The country initially enforced a stricter regulatory framework. The Government is planning to capitalize on the popularity of cryptocurrency platforms by encouraging banks to accept accounts from cryptocurrency companies. Based on the ICO guidelines published in February 2018, Switzerland is allocating its cryptocurrency …

JPMorgan is Seeking Blockchain Patent to Issue ICO Tokens | Coindelite News
Blockchain News

JPMorgan is Seeking Blockchain Patent to Issue ICO Tokens

American investment banking giant JPMorgan Chase is pursuing a patent for a distributed system that utilizes blockchain to issue virtual depository receipts that sound skeptically like initial coin offering (ICO) tokens. JPMorgan filed the patent application in January and published by the U.S. Patent & Trademark Office (USPTO) on Thursday, …

Barclays to Explore Twin Blockchain Patents for Banking Services | Coindelite News
Blockchain News

Barclays to Explore Twin Blockchain Patents for Banking Services

According to the newly-released patent application, Barclays Bank seems like looking for blockchain technology to streamline the fund transfers and for know-your-customer processes. The U.S Patent and Trademark Office has published two applications by the U.K’s second-largest bank on Thursday. Both of them are about account security. Although, an application …

Cryptocurrency news

Cryptocurrency Insurance – The Next Big Thing

Insurance has always been an elusive topic. Companies and providers shy away from revealing intricate details and protocols for the underwriting process. Given the recent attacks by hackers on various cryptocurrency exchanges, insurance seems to be a step in the right direction. Renowned providers like AIG, Chubb, and XL group …

Step Up Begins Accepting Cryptocurrency Donations
Cryptocurrency news

Step Up Begins Accepting Cryptocurrency Donations

Step Up, a non-profit organization based in Santa Monica, California has extended its donations options by adding cryptocurrencies to the list. Interested users can support their cause by donating through Bitcoin, Bitcoin Cash, Ethereum, and Litecoin. The company provides permanent supportive housing, vocational training, and opportunities for individuals suffering from …

Former Macau Gangster Launches Cryptocurrency, Raises $750 Million
Cryptocurrency news

Former Macau Gangster Launches Cryptocurrency, Raises $750 Million

Wan Kuok-Koi (also known as ‘Broken-Tooth’), an ex-gangster from Macau recently partnered with Zhonggongxin Cosmos, a Beijing based firm to launch his own cryptocurrency. This company claims to have raised $750 million during its Initial Coin Offering (ICO). Kuok-koi intends to launch chess and poker tournaments through his platform for …

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