Elected officials in Berkeley, California, may conduct an ICO to raise funding for affordable housing. Image from Sheila Fitzgerald. LianLian International Joining RippleNet Chinese payment provider, LianLian International, is joining Ripple’s payment network, RippleNet, to facilitate cross-border transactions. According to CoinDesk, LianLian International is only using Ripple’s underlying technology, not its cryptocurrency (XRP). The new […]
In our Expert Takes, opinion leaders from inside and outside the crypto industry express their views, share their experience and give professional advice. Expert Takes cover everything from Blockchain technology and ICO funding to taxation, regulation and cryptocurrency adoption by different sectors of the economy. If you would like to contribute an Expert Take, please […]
On Wednesday, the NYDFS published guidance for virtual currency businesses, clearly explaining their responsibilities to monitor for fraudulent activity and market manipulation, and report findings in a timely fashion. On February 7, 2018, the New York Department of Financial Services (NYDFS) published guidance to remind virtual currency (VC) companies licensed by New York State of […]
Japanese authorities continue to investigate cryptocurrency exchanges in a bid to assess security measures. A report on February 7, 2018, said that Japan’s Financial Services Agency (FSA) had begun conducting surprise inspections of cryptocurrency exchanges. In total, all 32 exchanges in Japan stand to receive visits from the FSA. Last Friday, February 2, FSA inspectors […]
Georgia-based tech startup, Kepler Technology, has announced the development of the world’s first blockchain platform for the production of robotics and AI solution. The disruptive platform aims to usher robotics and AI development into the public consciousness, positioning the future of the industry on the blockchain. Estimated at over $80 billion, the robotics industry is […]
Partnership Announcement On January 16, 2018 IBM and Maersk made a joint announcement that the two companies will work together on a project to provide a blockchain technology solution that simplifies payments for the global supply chain. This project aims to bring more transparency to the shipping industry and reduce global trade barriers. In turn, […]
Ethereum News Update Blockchain has “the potential to enhance economic efficiency, mitigate centralized systemic risk, defend against fraudulent activity and improve data quality and governance.” (Source: “There’d Be No DLT Without Bitcoin, Says CFTC Chief,” CoinDesk, February 6, 2018.) This little quote sent Ethereum prices soaring on Monday. Oddly, it came from CFTC Chairman J. […]
Ethereum is once again at a familiar crossroads. As the price of its cryptocurrency ether has soared (and then corrected) in 2018, one thing has remained constant – users continue to lose money due to hacks, faulty code and human error. It’s an issue that in the past has split the platform into rivaling forces […]
On Wednesday, the SEC’s Office of Compliance Inspections and Examinations released its 2018 examination priorities. The document included a section dedicated to cryptocurrency, initial coin offerings (ICOs), secondary market trading, and blockchain. On February 7, 2018, one day after Securities and Exchange Commission (SEC) chairman Jay Clayton testified before the Senate Banking Committee, the agency’s […]
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