Tag: cryptocurrency news

While U.S. government bodies have largely been skeptical regarding cryptocurrencies, they do see the critical role blockchain technology could play in the way they operate. Postal Service Blockchain Patent Proposal The United States Postal Service (USPS) is the latest government body looking to embrace the innovation underpinning Bitcoin. The national mailing service is currently considering utilizing a blockchain to help…

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Sometimes, life truly does imitate art, just like Oscar Wilde opined. In something that is eerily straight out of the hit Netflix show, Black Mirror, China is set to ban citizens with bad social credit scores from airplanes, trains and other forms of public transportation for up to a year. Something of the sort happened in the third season of…

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Despite the turbulence in the cryptocurrency markets since the turn of 2018, many of the ultra-rich still see this as an opportunity to further their holdings. The significant dips were thus welcomed by many as it provided a discounted price for them to load up on their positions further. Survey on Crypto Bag Holders Many people are interested to hear…

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The LGBT Foundation is looking to use the power of decentralization and blockchain-based money to strengthen the ever oppressed minority of gay people, lesbians, bisexuals, and transgender humans. The Token Generation Event (TGE) scheduled for launch before the end of first quarter of 2018. Cryptocurrency to the Rescue The LGBT foundation, a Hong Kong-based nonprofit organization dedicated to supporting gay,…

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French independent market and financial regulator Autorité des Marchés Financiers (AMF) has issued a public statement on February 22, 2018, warning and prohibiting cryptocurrency exchanges offering derivative and binary options from advertising their products in electronic media. Old Regulations Still Apply The AMF is of the view that since these cryptocurrency exchanges offer these products as any other securities to…

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Denison Yachting, a Yacht dealer, based in Florida, has announced that it has begun to accept payment in bitcoin for its range of high-end luxury yachts. Announcing on February 16, 2018, the company stated that apart from bitcoin, it will also accept payment in ether, bitcoin cash, as well as Tron. This announcement comes in the wake of the popular…

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With the explosion in popularity of cryptocurrencies and blockchain technology in 2017, many of the world’s regulators and watchdogs were caught unawares and have been scrambling ever since to draw up legislation for these burgeoning sectors. Nebraska Takes a Step Ahead with Blockchain Technology As there are so many people getting involved in ventures related to cryptocurrency and blockchain, there…

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In an interactive session at the shareholders meeting of The Daily Journal on February 14, 2018, Charles Munger expressed some strong opinions about bitcoin. Fielding questions at the interactive session, Munger called bitcoin a “noxious poison.” He admitted that the technology behind bitcoin (blockchain technology) might have some merits, but he condemned the frenzy that surrounds the bitcoin investment market…

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The City of Berkeley in California is tired of being overly dependent on the federal government. Residents are doing everything they can to make sure that even if the Trump administration goes ahead with its threats to stop funding sanctuary cities, then Berkeley will still be able to sustain itself with a cryptocurrency backed by local government municipal bonds. Initial…

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According to Renewable Energy World, Europe’s most prominent utility firm by market capitalization Enel is looking to strike a deal that will enable it to sell renewable energy like wind, solar and others to Envion AG, a Swiss-based cryptocurrency company. Win-Win Partnership Enel has always seen the European and Latin American markets as markets with the most potential and is…

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