Historical background, revealing context and prescient vision were presented on blockchain and bitcoin at a recent Tampa Bay Conference entitled, “The Past, Present and Future of Blockchain & Cryptocurrency.” These components are greatly needed in the current discussions and warnings being bandied about by Congress, Wall Street, regulators and now Main Street, thanks to all…
Tag: cryptocurrency
Israel Financial Authority Sets Up Blockchain Unit to Look Over Business Permit Applications
Israel crypto scenario has not yet settled. Although the country is trying its best attempts in supporting the blockchain companies and FinTech companies, still the attempts are failing to reach the crypt traders in the country. The banking system is pulling the feet back of any progress made in this field. Fast-track business permit As…
Microsoft Makes JPMorgan’s Quorum the Preferred Blockchain for Azure Cloud
Microsoft will promote JPMorgan Chase’s Quorum blockchain to the global tech giant’s business customers, the companies announced Thursday. The Redmond, Washington-based software firm will support Quorum, JPM’s private enterprise version of ethereum, through Microsoft’s Azure cloud platform, the firms said. They will look to support adoption of the network through their new partnership, after signing…
Iran Lines Up a New Cryptocurrency Backed by Gold
Control of the U.S. dollar and the global financial system that depends on it gives the American government an incredibly powerful tool in shaping international affairs. As such, it is not surprising that its geopolitical rivals around the world will try to exploit the invention of cryptocurrency to take the USD down a peg. The…
Steve Wozniak Joins an Energy Focused Blockchain EFFORCE Startup in Malta
Apple co-founder Steve Wozniak has joined a Malta-based blockchain enterprise targeting more efficient use of energy. Speaking at an event on the island Thursday, Wozniak said he has invested in the EFFORCE project – which enables investors to back energy efficient projects around the world – and become a co-founder. According to the Malta Independent,…
Litecoin The Best Performing Crypto Coin This Year Is Up 340%
Despite many investor’s laser-like focus on Bitcoin’s breathtaking rally, one currency that’s far outpacing Bitcoin and other cryptocurrencies is Litecoin, up about 340% this year as of today with a market value of $8.3 billion. The digital coin has grown at far more than double the pace of Bitcoin in 2019, and is now the…
Thailand Is Opening Up to Crypto – Bitcoin, XRP, Ethereum and Stellar Lumens
Since July, Thailand and its Securities and Exchange Commission (SEC) have voiced their intent to legalize the local initial coin offering (ICO) market and open it to startups. On Dec. 1, 2018, however, Cointelegraph reported that the Thai SEC declared Thai-related security token offerings (STOs) in international markets to be illegal and said that it…
ABN AMRO Eyes Launch of Blockchain Inventory Platform
As ABN AMRO drops its exploration of a cryptocurrency wallet product, the Dutch bank says it’s seeking to launch a blockchain inventory platform for trade inventory. The bank said in a news release Friday that it’s currently “exploring options” for bringing the platform, called Forcefield, to market, and is in discussions with firms in the…
Facebook Sets Up Libra Networks in Switzerland
Facebook has reportedly set up a fintech company dubbed Libra Networks in Switzerland. The move clearly correlates with the social media giant’s Project Libra. According to Reuters, the focus of the fintech is on the blockchain, payments, data analytics, and investing. Libra Networks, which was registered in Geneva on May 2, will provide financial and…
Malta Sets Up Blockchain National Company Registry
The announcement was made by one of the country’s leading blockchain advocates, Silvio Schembri, who is the Parliamentary Secretary for Financial Services. Visiting the Registry, he said; “Through an extensive investment in IT, the Registry of Companies will be more efficient, and will lessen unnecessary bureaucratic procedures. It will be run by a system which…
Switzerland Paves the Way for Crypto Regulation
F. Scott Fitzgerald wrote that, “Switzerland is a country where very few things begin, but many things end” — It’s unfortunate that blockchain was not of his time, as he may have been convinced otherwise! Although Switzerland has always been a welcoming land for banking and finance, the manner in which the Swiss Government has…
Crypto Exchange Binance Is Setting Up Shop in Singapore
Cryptocurrency exchange Binance is launching a new fiat-to-crypto exchange in Singapore later this month. The news was announced Thursday by Binance CEO Changpeng “CZ” Zhao at the Deconomy event in Seoul, South Korea, in a tweet on the exchange’s account that said: “#Binance Singapore will come online in April. It will be our next Fiat…
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