Hungary Working on Crypto Regulatory Framework
Hungary is reported to working on a framework to regulate cryptocurrency trading through a joint workgroup set up for this purpose. The county is currently far from being a crypto haven with steep taxation and a lack of recognition by the country’s ministry of finance and banking system. Despite this stance, the country, like a […]
China Aerospace Industry Turns to Blockchain for Invoicing Issues
The Chinese State Aerospace Industry is looking to utilizing blockchain technology to update some of its electronic invoicing. According to a government announcement posted by State Administration of Science, Technology and Industry for National Defence, China Aerospace Science and Industry Corporation Ltd will be fulfilling state plans for using blockchain for invoicing for tax purposes. […]
South Korea’s $4.4B Innovation Plan Gives Blockchain Fiscal Support
The South Korean Ministry of Economy and Finance has announced that the government will be investing KRW 5 trillion (USD 4.4 billion) into innovative industries in 2019, including blockchain technology. Major increase The press release from 13 August, ‘Growth through Innovation Investment Plan’, reveals the rationale behind a KRW 2 trillion increase in investment from […]
Bitcoin News Radio Show, 15th August 2018
Listen to the 15 August 2018 Bitcoin News Radio Show below. [su_audio url=”https://anchor.fm/s/58aba88/podcast/play/1137155/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fproduction%2F2018-7-15%2F4088402-44100-2-1fefa022d886.mp3″] On this edition of the show, we start with a Bitcoin market update. We then discuss how Venezuela is adopting the Petro as their national cryptocurrency. After that, we discuss how blockchain size is making it hard to download Bitcoin. Hear about […]
Draft Proposal from EU Official Proposes ICO Regulations
Initial coin offerings (ICOs) could be receiving acknowledgment toward a legitimized future, according to a draft report on regulations from the European Parliament. The European Parliament’s Committee on Economic and Monetary Affairs (ECON) has published a draft report that offers insights to new regulatory frameworks for crowdfunding; interestingly, ICOs received a notable mention. Bullish backing […]
Ethereum Founder and Coinbase CEO See Positive Growth in Crypto
Joe Lubin, co-founder of Ethereum, has commented that the fall in recent cryptocurrency prices is no constraint to future positive market growth. The comments were made in an interview with Bloomberg yesterday when the ConsenSys CEO indicated that the big picture was the relevant factor for investors, and not to focus on “pimples on a […]
Will Bitcoin Accelerate the End of Fiat Currency?
National fiat currencies have dominated the world financial system for centuries. The first fiat currency dates back to 11th century China and was widely used under the Yuan and Ming dynasties. Fiat currency didn’t really take hold until bills of credit became widespread in 18th and 19th century America. Generally, fiat currencies could be redeemed for […]
Jamaica Stock Exchange to Offer Cryptocurrency
The Jamaica Stock Exchange (JSE) announced on 14 August 2018 that it will begin offering cryptocurrencies for trading by the end of 2018. The JSE has signed a memorandum of understanding (MoU) with blockchain and crypto firm Blockstation, who will be developing a digital assets platform for JSE. It will create the cryptocurrency side of […]
Bitcoin Volume Surpasses OTC Gold Market
Financial researcher Nic Carter has run the numbers and found that Bitcoin volume has surpassed the over the counter (OTC) gold market so far in 2018. The OTC gold market is on track to settle USD 446 billion of transactions in 2018 while the Bitcoin market is on track to have a volume of USD […]
Bitcoin News Radio Show, 14th August 2018
Listen to the 14 August 2018 Bitcoin News Radio Show below. [su_audio url=”https://anchor.fm/s/58aba88/podcast/play/1132908/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fproduction%2F2018-7-14%2F4078604-44100-2-23f6fc0e0a6c3.mp3″] On this edition of the show, we start with a Bitcoin market update. We primarily focus on how Bitcoin and gold are going to be the best money alternatives as fiat currency inevitably collapses, but Bitcoin is far better than gold due […]
