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Crypto Is Important for Global Economy, Needs to Be Regulated and Taxed

Members of the Group of 20 (G-20), an international forum for the governments and central banks of countries with developed and developing economies, addressed cryptocurrencies in their recent declaration on sustainable development of the global economy. Declaration summary: Crypto is important, but it needs to be put under scrutiny and tax regulations On Dec. 1, the G-20 declaration titled “Building ...

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Seven EU States Sign Declaration to Promote Blockchain Use

Seven southern European Union member states have released a declaration calling for help in the promotion of Distributed Ledger Technology’s (DLT) use in the region, the Financial Times (FT) reports Dec. 4. The declaration was reportedly initiated by Malta and signed by six other member states, France, Italy, Cyprus, Portugal, Spain and Greece, during a meeting of EU transport ministers ...

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R3 Adds Ripple as First Crypto for Its Universal Payments DApp

Enterprise blockchain software firm R3 has announced that ‘rival’ Ripple’s XRP token will be the first crypto supported on its new universal payment settlement platform, Finextra reports today, Dec. 5. Dubbed “Corda Settler,” the new open source Corda-based decentralized application (CorDapp) reportedly allows payment obligations raised on the Corda blockchain to be settled via any parallel payment rail that supports ...

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Ripple, NEM & Two Others Launch ‘Blockchain for Europe’ Association

Four major blockchain companies have formed a “Blockchain for Europe” Association, according to a press release Dec. 5. The association seeks to promote the understanding and proactive regulation of blockchain and other distributed ledger (DLT) technologies across the continent. The four participant companies are Ripple, the NEM Foundation, Emurgo – which supports commercial ventures based on the Cardano blockchain – ...

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Ripple, NEM & Two Others Launch ‘Blockchain for Europe’ Association

Four major blockchain companies have formed a “Blockchain for Europe” Association, according to a press release Dec. 5. The association seeks to promote the understanding and proactive regulation of blockchain and other distributed ledger (DLT) technologies across the continent. The four participant companies are Ripple, the NEM Foundation, Emurgo – which supports commercial ventures based on the Cardano blockchain – ...

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Roger Ver Sidelines Bitcoin Cash War to Present Crypto Bull Case

Bitcoin.com CEO and Bitcoin Cash (BCH) proponent Roger Ver remained buoyant about cryptocurrency markets Dec. 4, telling Bloomberg the “future is brighter than ever.” In an interview in Tokyo, Ver, who has become known for his slighting of Bitcoin (BTC) in favor of Bitcoin Cash, briefly put the two coins’ differences aside to explain that despite price suppression, there remained ...

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Abu Dhabi Global Market Concludes First Phase of Blockchain-Based KYC Project

An international financial free zone within the capital of the United Arab Emirates (UAE) has concluded the first phase of its blockchain-based Know Your Customer (KYC) utility project, according to an ADGM press release Dec. 4. The Abu Dhabi Global Market’s (ADGM) regulatory body, the Financial Services Regulatory Authority (FSRA) along with “Big Four” audit firm KPMG have published a ...

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EOS Community Is Challenged After Node Announces Financial Rewards for Votes

This week, the EOS blockchain protocol angered decentralization proponents yet another time. Specifically, Starteos, one of EOS’ officially sanctioned Block Producers (BPs), appeared to publically offer its token holders financial rewards in return for their votes. Starteos’ vote-buying tendencies seem to fall in line with previous scandals centring around EOS: This year, the blockchain protocol reversed previously confirmed transactions and ...

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Binance Releases 2nd Decentralized Exchange Preview After Binance Chain News

The world’s largest cryptocurrency exchange Binance revealed a second preview of its forthcoming decentralized exchange (DEX) in a video Dec. 4. Binance, which regularly tops global charts for the largest volume of cryptocurrency traded daily, released an initial sneak peak in August. The project is part of the wider Binance Chain initiative, through which executives plan to support “millions” of ...

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U.S. Air Force Grad School Issues ‘Blockchain for Supply Chain’ Primer

The graduate school for the U.S. Air Force has developed a educational tool on blockchain for supply chain management, U.S. business journal Modern Materials Handling (MMH) reported Dec. 3. The move comes in the form of a live application, together with a set of tutorial videos to educate defense professionals, released by the U.S. Air Force Institute of Technology (AFIT). ...

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