South Korea Revises Tax Rules for “New-Growth Technologies”

South Korea Revises Tax Rules for "New-Growth Technologies"

Major advances are being made in South Korea, the nation’s financial watchdog is planning an organization-wide reshuffle, creating a new bureau to look at financial innovation policies and announcing a reduced tax policy for “new-growth technologies”. New bureau for financial innovation On Tuesday, South Korea’s Financial Services Commission (FSC) published a press release which reveals […]

Singapore Real Estate Developer Claims to Be First past Post Using DLT

Singapore Real Estate Developer Claims to Be First past Post Using DLT

A Singapore-based property company has claimed to be the first real estate developer in Southeast Asia to implement blockchain technology for conducting individual and institutional investment business in the sector, writes E27. The company, NOON Capital, plans to utilize Ethereum technology in the financing and management of its real estate investments, two of which are […]

Litecoin’s Charlie Lee Says Get 1 Bitcoin Before Buying Any Other Crypto

Litecoin's Charlie Lee Says Get 1 Bitcoin Before Buying Any Other Crypto

The founder of Litecoin, Charlie Lee, advises that all cryptocurrency traders, investors, and enthusiasts own at least 1 Bitcoin before buying any of the thousands of different altcoins. Lee goes as far as saying that people should buy a whole Bitcoin before buying any Litecoin. He references a meme of comic book superhero Dr Strange, […]

Crypto-Positive David Solomon Confirmed as Goldman Sachs CEO

Crypto-Positive David Solomon Confirmed as Goldman Sachs CEO

David Solomon, who has publiclly discussed the financial benefits of cryptocurrency trading, has been confirmed as the next CEO of Goldman Sachs to replace Lloyd Blankfein. Solomon has been with Goldman Sachs since 2006, working his way from the joint head of the investment banking division, to the chief operations officer in 2016. Last month, he shared […]

Canada’s Largest Credit Union Coalition Joins NY Blockchain Consortium R3

Canada's Largest Credit Union Coalition Joins NY Blockchain Consortium R3

The 16 largest Canadian Credit unions that make up the Large Credit Union Coalition (LCUC) has joined database company R3, reports Cointelegraph. R3 leads a consortium of more than 200 financial institutions in research and development of DLT usage in the financial system and other commercial sectors. It is responsible for the open-sourced system, Corda, […]

Stellar Becomes First Sharia Law Approved DLT Protocol

Stellar Becomes First Sharia Law Approved DLT Protocol

Open source protocol Stellar has announced that it is now Sharia Law compliant in the cryptocurrency space, according to Cointelegraph. Stellar has claimed to be the first DLT protocol to receive such certification, and the company has been the focus of a Shariyah Review Bureau examination. The bureau is an advisory body licensed by the […]

Thai Government Announces “Bond Coin” to Unlock Bond Settlements

Thai Government Announces "Bond Coin" to Unlock Bond Settlements

Thailand’s government has confirmed that the Thai Bond Market Association (TBMA) is currently developing a state-run token to ensure payments and the clearing of corporate bonds, according to BTC Manager. The token, “Bond Coin”, according to a Bangkok Post report, will be built over a private blockchain and will ensure transactions between pre-selected participants such […]

Boeing Breaks New Ground as Aerospace Turns to Blockchain

Boeing Breaks New Ground as Aerospace Turns to Blockchain

US aerospace multinational giant Boeing has announced it is to form a partnership with an artificial intelligence (AI) company to develop pilotless vehicles using blockchain technology, writes Cointelegraph. Boeing will join up with Texas-based SparkCognition for the project. It has been reported that Boeing has already invested USD 32 million into the company to create the […]

Biggest Bitcoin Rally Since April 2018 Underway

Biggest Bitcoin Rally Since April 2018 Underway

The biggest Bitcoin rally since April 2018 is underway. Currently, Bitcoin’s price is near USD 7,450, heading back towards yesterday’s high of USD 7,500, a 10% increase from the day before. On 12 July 2018, Bitcoin’s price was near USD 6,200, so this represents a USD 1,100 price increase in less than a week. This […]

Russian Universities Announce New Crypto Courses

Russian Universities Announce New Crypto Courses

Bitcoin continued to make strides within higher education as three Russian universities have recently added cryptocurrency programs and diplomas to their curriculum. The three universities, Voronzeh State University, Don State Technical University and Novosibirsk State University, will roll out these new courses in the upcoming fall semester. A bachelors program will be offered at VSU, […]