Australian Sugar Cane Farmers Opt for Blockchain Solution to Lift Profits
Queensland Sugar Ltd (QSL) has announced a partnership with Queensland Cane Growers in Australia to build a blockchain for sugar provenance, writes IT News. Queensland Sugar Limited is an Australian unlisted public company principally involved in the marketing, export and supply of bulk raw sugar. The company employs approximately 160 people, is based in Brisbane […]
French Regulators May Be Taking Next Step Towards Easing the Path for ICOs
The French government seems to be moving towards regulating ICOs in 2018, according to a recent Autorité des Marchés Financier (AMF) annual report, writes CoinGape. According to AMF’s report, ICOs are most definitely on the agenda for further regulatory framework as Robert Ophèle, President of the AMF indicated recently, suggesting that the government body will: […]
Australia Tackles Crypto Taxation with New Crypto Classification
Australia’s tax authority has declared intentions to track citizens who hide their cryptocurrency gains offshore using data-matching services that also target “unexplained assets and wealth”. Taxation Earlier in 2018, the Australian Tax Office (ATO) published guidelines on the taxation of virtual currencies. It highlighted Bitcoin and other cryptocurrencies that behave similarly to Bitcoin as neither […]
Live At The Kasbah: Richard Branson Hosts Marrakesh Blockchain Summit
British business entrepreneur and founder of Virgin is now to host a major blockchain summit at his home in Marrakesh, writes Forbes. The summit is normally held at Branson’s personal offshore home on Necker Island in the British Virgin Islands. However, it was devastated by last year’s Category Five storms which tore through the island, destroying […]
Crypto More Than Ready to Become Mainstream: Imperial College London
Cryptocurrencies like Bitcoin offer a viable alternative to money and could become mainstream within the next decade, according to recent Imperial College and eToro reports. The new academic research entitled ‘Cryptocurrencies: Overcoming Barriers to Trust and Adoption’ by Professor William Knottenbelt from Imperial College London and Dr Zeynep Gurguc from Imperial College Business School has […]
South Korea Introduces New Crypto and Blockchain Classification Guidelines
The South Korean Financial Services Commission (FSC) has revealed new guidelines for cryptocurrency regulations, just as the nation’s central bank, the Bank of Korea (BOK), reported that total balance of Korean cryptocurrency investment as of December 2017 stood at almost USD 1.8 billion. Recent events South Korea has made frequent crypto-positive headlines in regards to […]
Nigeria’s Poor Turn to Crypto Bounty Hunting
Bounty hunting platforms are showing that cryptocurrencies are offering a way out of poverty for some, writes Coindesk. A bounty is a simple task or job created by a coin developer that you carry out to earn coins or tokens, usually before and during an initial coin offering (ICO). The main areas are typically Tweeting […]
Indian Political Parties Bicker over $13.5B Bitcoin Laundering
The Indian National Congress (INC) party is accusing the ruling Bharatiya Janta party (BJP) of laundering between INR 50 billion (USD 727 million) and INR 880 billion (USD 12.79 billion) in the state of Gujarat via Bitcoin. INC spokesperson Shaktisinh Gohil is demanding a Supreme Court investigation into this money laundering conspiracy. The accusation is […]
Western Union Patenting Crypto Compatible Payment Technology
Western Union has filed a patent application with the United States Patent and Trademark Office titled ‘Recurring Transfer Notifications and Secure Transfers‘ that heavily mentions cryptocurrency integration. The patent application describes an electronic system that processes secure payments, which is essentially what cryptocurrency already accomplishes. It describes how this electronic system can be used for […]
SolarisBank Offers Banking for German Crypto Companies
SolarisBank, which has a German banking license and is regulated by BaFin, is offering banking solutions to cryptocurrency and blockchain companies via its newly created Blockchain Factory. It is usually very difficult for crypto companies to obtain a steady bank account anywhere in the world, so SolarisBank’s Blockchain Factory has the potential to provide relief […]
