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NJ Bill Would Prohibit Certain Uses Of Customer Funds By Cryptocurrency Firms

A proposed law in New Jersey would make it illegal for firms holding cryptocurrency on the behalf of clients to lend out tokens in...

UN WFP Is Leveraging Blockchain Technology To Track School Lunches

The World Food Programme is exploring an Ethereum-based blockchain solution to track school meals for primary school students in Tunisia.The United Nations World Food...

UK’s Financial Conduct Authority Issues Statement On Cryptocurrency Derivatives Providers

On Friday, the Financial Conduct Authority (FCA) addressed its regulatory jurisdiction over UK firms offering cryptocurrency derivatives.On April 6, 2018, the United Kingdom's Financial...

Chile’s National Energy Commission To Use Ethereum For Energy Data Pilot

A governmental energy organization in Chile has launched a blockchain-based pilot for storing energy sector data.On April 5, Chile's National Energy Commission (often referred...

US Cryptocurrency Tax Liabilities Estimated At $25 Billion After 2017 Mania

After cryptocurrencies hit record highs in 2017, US investors will be on the hook for approximately $25 billion worth of cryptocurrency-related taxes, according to...

Japanese FSA Halts Two Cryptocurrency Exchanges

On Friday, the Financial Services Agency continued its crusade against noncompliant cryptocurrency exchanges.On April 6, 2018, Japan's Financial Services Agency (FSA) ordered cryptocurrency exchange...

IBM Seeks To Patent System That Amends, Deploys EDCCs

A patent application by IBM proposes a system that would automatically reconcile conflicting terms in smart contracts deployed on a blockchain network.In the blockchain...

Cryptocurrency Compliance Firm Chainalysis Plans Expansion, Receives Funding From Benchmark

On Thursday, Chainalysis launched a tool called Chainalysis KYT and revealed plans to provide its services for 10 or more cryptocurrencies by the end...

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Bitcoin Drops 10% From Highs Amid Quantum Computing Warnings

Bitcoin dropped nearly 10% from its record high, falling close to $103,000 after reaching $112,000 last week. BlackRock warned that...

Czech Justice Minister Resigns Over $45M Bitcoin Donation Scandal

Czech Justice Minister Pavel Blazek resigned after controversy over accepting and selling Bitcoin from a convicted criminal.The Justice Ministry...

Uniswap (UNI) Rebounds Above $6 After Brief Uptrend Breakdown

Uniswap's UNI token dropped below its key uptrend line following a failed hold above the $6.00 support level.High trading...

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Bybit Exchange Suffers $1.5B Hack, Sees $5.5B in Customer Withdrawals

Cryptocurrency exchange Bybit experienced a $1.5 billion hack, leading...