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Czech Republic Prohibits the Use of the Word 'Coin'
Nov 06, 2019 at 11:02
News
Czech Republic Prohibits the Use of the Word 'Coin'
The Paralelní Polis, a non-profit institution which some call an anarchist movement, received notifications from the Czech National Bank (CNB). The Central Bank points out that the word “coins” has certain conditions under which it can be used. The project got into a cross because of the EET, but magnificently avoids attacks and fines.
Volkswagen to Use Blockchain-Based Raw Material Tracking
Nov 02, 2019 at 09:29
News
Volkswagen to Use Blockchain-Based Raw Material Tracking
Recently, a statement came from Certification of Raw Materials (CERA), the certifying authority for raw materials, announcing that it had implemented a distributed ledger technology (DLT) and blockchain system to trace and track minerals, and many other valuable materials in Italy, U.S. and other parts of the world. The largest automaker by worldwide sales in 2016 and 2017 based in Germany Volkswagen, is also part of CERA.
Canada to Lay Hands on QuadrigaCX Cryptocurrency Revenues
Sep 23, 2019 at 13:08
News
Canada to Lay Hands on QuadrigaCX Cryptocurrency Revenues
The CRA - Canada Revenues Agency (Customs and Revenue Agency), a federal authority which administers tax laws, started investigating the impending unknown revenues of QuadrigaCX, a defunct cryptocurrency exchange. On Monday Sept. 16, the Globe and Mail published a report saying that the Trustee on the QuadrigaCX insolvency case has managed to produce the tax returns files for previous earnings of the firm.
Uganda Puts Blockchain on Another Level in Africa
Sep 16, 2019 at 11:49
News
Uganda Puts Blockchain on Another Level in Africa
In an effort to become a strong cryptocurrency and distributed ledger technology hub in Africa, Uganda has issued the first license to create a free zone for Bitcoin, blockchain and other developing technologies. The Uganda Free Zones Authority (UFZA)issued a license to designers and developers to launch a free zone focusing mainly on DLT innovations.
 Cryptocurrency Distopia by Facebook: Is it the End of Freedom?
Sep 16, 2019 at 09:23
News
Cryptocurrency Distopia by Facebook: Is it the End of Freedom?
One of the great advantages that Bitcoin has is that it is decentralized, and hence not controlled by any central agency. Cryptocurrency gives exceptional capabilities to counterspy on and command what individuals do, and putting that authority to a few persons or companies is not only extremely dangerous but also unsafe.
Developing 'Crypto' Is Better Than Tracking Bitcoin Users, NSA Decides
Sep 09, 2019 at 08:47
News
Developing 'Crypto' Is Better Than Tracking Bitcoin Users, NSA Decides
The United States (US) defense intelligence authority the National Security Agency (NSA) is purportedly designing a quantum-resistant crypto. The NSA has circumscribed it resources and undertakings in the blockchain and cryptoasset arena to track all Bitcoin (BTC) users, and it has even gone ahead to create its own electronic money.
Sierra Leone Launches a National Blockchain-based ID System
Aug 26, 2019 at 09:33
News
Sierra Leone Launches a National Blockchain-based ID System
Sierra Leone set a record of becoming the first country in Africa to have national blockchain-based ID system. On August 21, the government rolled out a decentralized National Digital Identity Platform that is based on the distributed ledger technology (DLT) and the platform was designed by both the National Civil Registration Authority and KIVA. The launch happened at Radisson hotel in Freetown and was headed by President Julius Maada Bio.
UK Authority Tips Off Dangers of Unregulated Cryptocurrency
Aug 02, 2019 at 09:39
News
UK Authority Tips Off Dangers of Unregulated Cryptocurrency
On July 31, 2019, the United Kingdom financial and markets watchdog warned of the major dangers of unregulated Bitcoin and other cryptocurrencies. The Financial Conduct Authority (FCA) revealed that they don’t have core value and provide users less protections and further indicated that those unregulated tokens fall outside the range of its authorities.
“There is No Cryptocurrency Ban,” Indian Government Says
Jul 23, 2019 at 09:19
News
“There is No Cryptocurrency Ban,” Indian Government Says
The government of India seems to be confused when it comes to the previous bitcoin and cryptocurrency ban. Last year, the government made it clear that whoever is caught illegally participating in the mining, buying or selling of cryptocurrencies, he or she will be jailed for around 10 years, according to the draft "Banning of Virtual Currency Restrictions and Official Cryptocurrency Regulation Bill 2019". With the help of VPN, citizens continued to deal in cryptocurrencies and nothing was done to them. Now, the authority has come out to show its position on this matter, by revealing that the financial authorities have imposed no restrictions yet on digital currency dealings.
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