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Dianrong joins Hyperledger Blockchain Project

December 8th, 2016 by

Dianrong.com has announced it is joining the Hyperledger Project. The Linux Foundation established the Hyperledger project in 2015 in order to develop open, cross-industry, global blockchain standards, as well as develop the technology for enterprise in order to make a variety of operations increasingly cost-effective. A Dianrong.com spokesperson indicated that this latest development marks a […]

LATEST NEWS

Digital Asset Holdings unveils fix for blockchain privacy concerns

December 8th, 2016 by

Digital Asset Holdings is deploying what it calls fingerprints to address blockchain privacy concerns. “Our view is that sensitive, contractual, market-moving, private data should be kept private. Let’s think about what regulators and regulated financial institutions care about. First of all, it’s privacy,” said Digital Asset Holdings chief executive officer Blythe Masters. The approach is […]

Dianrong joins Hyperledger Blockchain Project

December 8th, 2016 by

Dianrong.com has announced it is joining the Hyperledger Project. The Linux Foundation established the Hyperledger project in 2015 in order to develop open, cross-industry, global blockchain standards, as well as develop the technology for enterprise in order to make a variety of operations increasingly cost-effective. A Dianrong.com spokesperson indicated that this latest development marks a […]

Bitstamp announce discontinuation of service in the Washington State area

December 7th, 2016 by

Bitstamp announced that it won’t be providing services in the Washington State area. “After long and careful deliberation, we are sorry to inform you that due to recent regulatory constraints imposed by the State of Washington, Bitstamp will cease to serve customers from The Evergreen State, effective 20th December 2016. We kindly ask you to […]

Vietnam to legalize bitcoin

December 7th, 2016 by

The Vietnamese government is working toward building and introducing a comprehensive legal framework surrounding virtual currencies like bitcoin. Vietnamese-language news outlet VnEconomy reported that the government and relevant ministries are working on a proposal for “improving the legal framework to manage and deal with all kinds of virtual property, electronic money, [and] virtual money.” The […]

Illinois DFPR released its Digital Currency Regulatory Guidance proposal for public comment

December 6th, 2016 by

Illinois has released a new policy guidance document and is seeking public comment. The Digital Currency Regulatory Guidance provides an overview of the Illinois Department of Financial and Professional Regulation (IDFPR) policy on cryptocurrencies such as bitcoin, and its interpretation of the application of the state’s Transmitters of Money Act to various activities involving digital […]

Huiyin Group launches $20m bitcoin venture fund

December 5th, 2016 by

Huiyin Group announced the launch of a subsidiary fund Huiyin Blockchain Ventures (HBV) that partners with innovative start-ups to help grow the future of the blockchain economy. But while the firm may have “blockchain” in its name, those close to the fund suggested the firm is unlikely to invest in enterprise or so-called alternative blockchain […]

ADCCA launches Digital Currency Industry Code of Conduct for Australia

December 2nd, 2016 by

The Australian Digital Currency & Commerce Association (ADCCA) has launched its Australian Digital Currency Industry Code of Conduct. The Code of Conduct aims to ensure that consumers are both protected and don’t ‘miss out’. It will enable Australian consumers to easily identify digital currency businesses that have best practice standards for consumer protection in place. […]

US Court green-lights IRS to investigate user records from Coinbase

December 2nd, 2016 by

The Internal Revenue Service (IRS) has been granted the permission to serve a summons on Coinbase to disclose its customer records in order to investigate probable tax fraud by its users. In an order dated 30th November, Judge Jacqueline Scott Corley sided with a request filed earlier this month by the IRS as part of […]

Calypso partners with R3 to develop blockchain trade confirmation system

December 1st, 2016 by

Calypso Technology announced its partnership with R3 blockchain consortium in order to develop capital markets application on R3 Corda blockchain platform. The two firms are currently developing a multi-party trade confirmation solution and testing it with multiple financial institutions. This news comes at a time when R3 needs it most, after it recently lost a […]

Japanese megaBanks conduct 1,500 transactions on blockchain

December 1st, 2016 by

Japan’s three biggest banking groups have partnered bitFlyer, Japan’s biggest bitcoin exchange to test the viability of domestic money transfers over blockchain technology. The banks found in joint testing that domestic money transfers using blockchain technology were just as fast as current systems. In a report today by regional publication Nikkei, few details have been […]