Political and Law news

Mar 16, 2019 at 11:24
Blockchain to Protect Overseas Made in Italy Products
Italy has invested heavily in the field of technological innovation such as blockchain technology, smart contracts, artificial intelligence (AI), internet of things (IoT) and others. Different possible application features of blockchain and its huge potential for protection, elevation and promotion for Made in Italy products both abroad and inside the country. The themes of the conference 'Blockchain: guarantees for the consumer and the made in Italy’ happened in Rome, at the Luiss Business School. The technology aims at shielding the project.
Mar 15, 2019 at 17:24
JPMorgan Closes a Crypto Firm Account for Prohibited Operating
JPMorgan Chase has closed an account of a crypto firm which is behind the tokenization of social media, a day after the news about JPM Coin circulated. Ultimately, the cryptocurrency startup was allegedly functioning in a ‘prohibited industry.’ Cryptoraves to this point is a token intended to “increase credibility” on social media such as Facebook, Twitter, Messenger, WhatsApp and many others.
Mar 15, 2019 at 13:39
Blockchain Tech isn't a Distributed Ledger in Italy
Recently, the blockchain argument in Italy reached all-time levels of hype and media exposure of national popular status. In fact, when you walk through the corridors of most popular supermarkets you will listen to the branded radio stations advertising the new chain tracking initiative via blockchain technology. The decrees present the instrument, but maintain a centralization which isn’t reflected in the technology model.
Mar 14, 2019 at 17:33
Texas HB 4371 Demands Identification of Crypto Payments
The Texas Republican senior representative Phil Stephenson has filed a bill regarding crypto payments, which proposes that each user who pays using virtual currencies such as Bitcoin, Ether, Ripple, EOS and others must provide their authentic identification.
Mar 13, 2019 at 13:22
Chinese Political Leaders Propose Cryptocurrency Regulation
The subject of cryptocurrency during the two sessions of the National People’s Congress (NPC) in 2019 has augmented considerably. Numerous representatives said that “cryptocurrency illegally sets the currency” and suggested to reinforce their supervision. Several legislative delegates and political leaders call for efficient, clear and strict cryptocurrency regulations.
Mar 12, 2019 at 16:53
IKEA’s Research Laboratory Applies Blockchain in Renewable Energy Projects
Copenhagen-based furniture giant IKEA’s research laboratory Space10 has successfully created a small wooden village to exhibit how communities could craft their individual circular clean energy system. The project uses solar panels and blockchain to make an operational energy system through a neighbor-to-neighbor trading system.
Mar 12, 2019 at 12:44
Cryptocurrency Exchange in Brazil Gets $350,000 from Santander in Court Order
A court of justice in Rio de Janeiro, Brazil, has ruled in favor of a local cryptocurrency exchange Mercado Bitcoin in a legal case over the termination of one of its bank accounts - by Banco Santander - due to “incompatible activities with the policy,” and even went ahead to freeze its funds. The judicial position muffled an appeal that was officially filed by Banco Sicoob against a particular decision made by the Barra da Tijuca district court that gave the crypto exchange the right to keep its account operational, CriptomoedasFacil reports.
Mar 11, 2019 at 16:21
Blockchain is the Key Technology in the Transformation of Financial Sector
Blockchain can be applied to many aspects of financial field, including cross-border payments, customer identities management, payments security, and different types of transactions. Italy has already started to implement some of new technologies that help to reduce expensive legal procedures.  
Mar 11, 2019 at 14:43
The Canadian Revenue Agency Starts to Audit Users Involved in Crypto Trading
Cryptocurrency operations have caught the eye of the Canadian Revenue Agency (CRA), Canada’s primary tax-collecting institution. It has been concerned about risks associated with cryptocurrencies and lawful regulation of taxes in the digital asset field.
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