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World

Latest Ethereum and Blockchain News

NEWS
world

FATF To Lead 15-Nation Crypto Monitoring System

CoinDesk
The Financial Action Task Force, an international money laundering watchdog, will lead a project with 15 other nations that will work to catch the movement of crypto funds used for illicit purposes. The project will be made up of many of the members of G7, including Australia and Singapore.
NEWS
world

More Details Emerge Regarding Iran's Legalization Of Crypto Mining

Decrypt
The Iranian government enacted legislation this weekend that officially recognized the crypto mining industry in the country. The new legal certainty comes with a few drawbacks, including the prohibition of mining during peak electricity-usage hours and harsh restrictions on the trading of cryptocurrency within Iran.
NEWS
world

Now That The Mafia Functions Like A Blockchain, Can Anyone Really 'Forget About It'?

National Post
For years, the Ndrangheta mafia family in Canada was governed by what essentially was a board of directors. But after the murder of mafia boss Carmelo Muià in southern Italy upended the power structure, the Ndrangheta family adapted to what international investigators are calling a "criminal blockchain," where a parallel structure across international families helps to negate loss of leadership due to death or police arrest.
NEWS
world

Facebook's Communication Breakdown With Swiss Data Privacy Regulator

CoinDesk
After announcing that the Swiss Federal Data Protection and Information Commissioner (FDPIC) would assist in overseeing the Libra Association, the FDPIC stated Facebook hadn't contacted the agency regarding any details related to the association or the Libra project. Now, after reaching out itself, the regulator still hasn't been able to make contact with the social media giant.
NEWS
world

Where In The World Is Justin Sun?

CoinDesk
Tron founder Justin Sun canceled his planned charity lunch with Warren Buffett, citing kidney stones. Later, Chinese authorities announced Sun would not be able to leave China after being accused of participating in an illegal fundraiser for the Tron cryptocurrency project. Now, a live broadcast on Periscope has some believing Sun is already in San Francisco, where the charity lunch was supposed to take place.
NEWS
world

Iran Officially Recognizes Crypto Mining Industry

CoinDesk
Iran's Chamber of Commerce, Industries, Mines and Agriculture has officially recognized the cryptocurrency mining industry, meaning the country will now have to work to regulate the activity within its existing legal structure.
NEWS
world

Libra Search Data Skyrockets In China

CoinDesk
Following Facebook's back-to-back congressional hearings regarding the state of its Libra cryptocurrency project, "Libra" moved up to the third most searched topic on China's web search giant Weibo.
NEWS
world

Bitcoin Suisse Preemptively Applies For Licenses With Swiss Regulator

CoinDesk
Despite not needing to, crypto broker Bitcoin Suisse has applied for a banking license and security dealer's license with the Swiss Financial Markets Supervision Authority, anticipating that the "maturing" regulatory environment will soon require the firm to hold both licenses.
NEWS
world

Facebook Yet To Contact Swiss Data Protection Group

CNBC
During the Libra Senate hearing on Tuesday, Libra project lead David Marcus explained that the Swiss Federal Data Protection and Information Commissioner (FDPIC) would oversee data and privacy protections for the Libra Association. Now, the group's head of communication has stated that Facebook has yet to contact the FDPIC regarding any Libra business.
NEWS
world

Bitcoin Demand In Zimbabwe Grows Following Foreign Currency Ban

Quartz
After the country banned the settlement of transactions using foreign currency including the US dollar and the British pound, demand for bitcoin has soared as individuals look to fill the financial gaps left behind by the ban.
NEWS
world

Swiss Gold Mines Refitted For Crypto Miners

Wired
The surge of cryptocurrency mining operations moving to old mining towns in Switzerland with cool temperatures and cheap hydroelectric power has changed the landscape of many former gold rush villages.
NEWS
world

John McAfee Wants To Help Cuba Create National Cryptocurrency

Reuters
US fugitive and antivirus tech sage John McAfee has expressed interest in helping Cuba develop its own national cryptocurrency to bypass US trade embargoes.
NEWS
world

People's Bank Of China Researcher Comments On Facebook's Libra

CoinDesk
At Peking University’s Institute of Digital Finance, Wang Xin, head of the research bureau at the People's Bank of China, noted that mass adoption of Facebook's Libra cryptocurrency could ramp up development of China's own national digital currency.
NEWS
world

Bank Of Venezuela Ordered To Allow Petro Purchases And Deposits

CoinDesk
President Nicolas Maduro announced in a tweet that the Bank of Venezuela will now have the ability to accept Petro deposits and allow customers to purchase the nation's own cryptocurrency at all locations.
NEWS
world

Cuba Looks At Potential Use Of Cryptocurrency To Boost Economy

Reuters
As a result of a decline in aid from Venezuela and strict US sanctions, the Cuban government plans to research the possible use of cryptocurrency to boost the nation's struggling economy.
NEWS
world

Ethereum Foundation Works To Certify Ethereum's Sharia Compliance

CoinDesk
The Ethereum Foundation has partnered with finance experts in the Gulf Coast to work to ensure the Ethereum blockchain is compatible with Islamic financial customs, including making sure executable distributed code contracts are compliant with Islamic banking rules.