According to regional reports, China’s police agency is allegedly monitoring cryptocurrency exchanges based outside of the country. An informant details that China’s Public Information Network Security Supervision task-force is closely watching both domestic and foreign trading platforms involved with cryptocurrencies to prevent fraud, pyramid schemes, and money laundering. China’s Regulators…
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A new patent filing finds retail giant Walmart seeking to utilize blockchain technology to perfect a smarter package delivery tracking system. In an application released by the U.S. Patent and Trademark Office (USPTO) on Thursday, Walmart describes a “smart package” that would include a device which would record information on a…
The Marshall Islands is the latest country looking to issue its very own cryptocurrency. Called “the sovereign” (SOV), the cryptocurrency will circulate as legal tender alongside the USD and will be distributed to the public via an “initial currency offering,” the President of the Republic of the Marshall Islands (RMI),…
Yang Chin-long, the new governor of Taiwan’s central bank, indicated in a speech yesterday, Feb. 26, that the bank would be open to exploring Blockchain technologies. At the end of January, Taiwanese capital Taipei had announced that they intended to turn into a ”smart city,” utilizing Blockchain for providing technological…
J.P. Morgan Chase has added a segment on cryptocurrencies to the “Risk Factor” section of their 2017 annual report to the US Securities and Exchange Commission (SEC), filed yesterday, Feb. 27. The annual report mentions cryptocurrencies under the “Competition” subsection when describing how new competitors have emerged that threaten J.P.…
Different car producers are starting to use blockchain technology in the vehicles they are producing. Now, Porsche is testing Ethereum-based blockchain technology in collaboration with a start-up known as XAIN. This start-up is already working with DHL, Volkswagen, Nvidia, and many other enterprises in the industry. With this partnership, XAIN…
Venezuela plans to release another Cryptocurrency, Petro gold, this week, which will be secured by gold. Last week, the country successfully launched the sale of tokens, confirmed by oil reserves. Previously, Venezuela planned to launch its own Petro, provided with oil, gas, gold and diamonds, Interfax reports. “I’m going to…
The Bank of China, which should not be confused with the People’s Bank of China, the central bank of the country, has applied for a patent for a new solution to the problems of scaling blockage to the State Intellectual Property Office of China (SIPO). The solution contains a new…
President of Venezuela Nicholas Maduro against the backdrop of the successful launch of Petro said about the imminent creation of another digital currency, which will be provided with gold. Previously, it was assumed that Petro will be provided with oil, gold and diamonds, but as a result, only oil became…
Telegram conducts a second closed preliminary sale of its crypto currency before conducting a public ICO (initial placement of crypto-active assets to attract investments). This was reported by the portal The Verge. According to The Verge, this week representatives of Telegram sent a number of investors a message notifying about…