Coin ATM Radar: 1000 Bitcoin ATMs Worldwide
Feb20

Coin ATM Radar: 1000 Bitcoin ATMs Worldwide

According to Coin ATM Radar, the world now has more than 1,000 Bitcoin ATMs in operation. According to reports, more than 60% of these machines – 621 – are at sites around the United States, with Canada coming in second in total Bitcoin ATM placement. The ATMs provide Bitcoin enthusiasts with easier access to Bitcoin transactions, and are viewed as an important tool for increasing awareness of the digital currency.

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ASX Boosts Investment for Blockchain Platform
Feb18

ASX Boosts Investment for Blockchain Platform

As many industry observers already know, The Australian Securities Exchange (ASX) has been working toward becoming the first exchange of its kind to use blockchain technology for its post-trade services. The exchange revealed late this week that it plans to increase its investment in the technology in 2017 as it pushes forward to build on the distributed ledger system currently being developed by Digital Asset Holdings.

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The US Needs Urgent Unified Bitcoin Regulation
Feb18

The US Needs Urgent Unified Bitcoin Regulation

The US regulation of digital currencies is out of date, impractical, and damaging to a potentially lucrative economy. The lack of unity in state regulations has created an unworkable system that makes the operations of Fintech (Financial Technology) companies complicated and confusing. A unified and clear regulatory policy would clear these muddy waters and benefit the digital currency industry, and have a positive impact on the American economy as a whole.

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GameCredits Announces MobileGo Tokens and Crowdsale
Feb17

GameCredits Announces MobileGo Tokens and Crowdsale

Crypto gaming store GameCredits recently announced that the company will be launching a crowdsale for its new MobileGo Token. The crowdsale is currently projected to begin in April, with active promotion in China and throughout the West. The crowdsale funds and issuing of tokens will be used to fund marketing of the company’s new Mobile Store and to develop Ethereum-based smart contract systems on the platform.

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As DNotes Celebrates 3rd Birthday, Co-Founder Alan Yong Sheds Light on DNotes’ Long Term Vision
Feb16

As DNotes Celebrates 3rd Birthday, Co-Founder Alan Yong Sheds Light on DNotes’ Long Term Vision

As DNotes celebrates its 3rd Birthday, Co-Founder Alan Yong offered his thoughts on DNotes’ long term vision to gain mass acceptance of digital currency and the blockchain technology that makes it possible. In his most recent remarks, Yong described this as a generational opportunity with world-changing implications.

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National Bank of Abu Dhabi Announces Live Cross-Border Payments on Blockchain
Feb13

National Bank of Abu Dhabi Announces Live Cross-Border Payments on Blockchain

National Bank of Abu Dhabi (NBAD) recently announced that it has successfully employed the Ripple blockchain for its cross-border payment systems. The bank’s integration of the Ripple Distributed Financial Technology is expected to provide its customers with immutable, secure, and cost-efficient fund transfers. With this move, NBAD has become the first bank in the Middle East to officially implement the Ripple technology.

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HK Regulator Joins R3 Blockchain Group
Feb11

HK Regulator Joins R3 Blockchain Group

The Hong Kong Securities and Futures Commission has reportedly joined the R3 blockchain group, according to a new report in the Wall Street Journal. The regulator is collaborating with the group’s banks and blockchain tech firms to test the technology’s capabilities for recording and settling transactions. The formal entry into the consortium is simply the latest evolution in the relationship between the regulator and R3 – a partnership that has seen the parties work together on similar tests in recent months.

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Banque de France Eyeing Collaboration with Blockchain Startups
Feb08

Banque de France Eyeing Collaboration with Blockchain Startups

In a recently-published transcript of a speech given at the FinTech Forum in Paris last month, French central bank Governor Francois Villeroy de Galhau signaled that the Banque de France is seeking greater collaboration with FinTech startups focused on blockchain technology. In the speech, de Galhau revealed that the central bank intends to open a new lab to strengthen its partnership with those blockchain firms and facilitate its broader goal of encouraging more FinTech innovation across France.

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UAE Central Bank Clarifies Earlier Statement on Bitcoin
Feb05

UAE Central Bank Clarifies Earlier Statement on Bitcoin

When the United Arab Emirates (UAE) Central Bank issued new regulatory guidelines for digital payments last month, many observers took note of an apparent ban on “virtual currency” usage by companies that were subject to the new regulations. In a new statement, the central bank has now provided new clarity on the subject by announcing that the new rules do not apply to Bitcoin or other digital currencies.

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India’s Central Bank Issues New Warning to Crypto Users
Feb03

India’s Central Bank Issues New Warning to Crypto Users

The Reserve Bank of India (RBI) issued a new notice this week, warning digital currency users and traders about the risks faced by anyone engaged in cryptocurrency transactions. The central bank reminded Indians that it has not yet authorized any of those digital currency activities, nor provided licenses to any cryptocurrency companies.

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IBM Survey: Government Interest in Blockchain Tech Is High
Feb02

IBM Survey: Government Interest in Blockchain Tech Is High

With government resources around the world straining as many economies remain mired in slow growth, government officials are increasingly turning their attention to new technological solutions. A new study from IBM has attempted to gauge those officials’ interest in blockchain technology, and their current plans to leverage it at an organizational level.

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China Pushes Banks to Adopt Blockchain Tech
Jan29

China Pushes Banks to Adopt Blockchain Tech

Most experts within the blockchain industry estimate that China’s banks are as much as twelve months behind their Western counterparts when it comes to adopting distributed ledger technology. If the Chinese government has its way, that gap may soon be closed. According to a new report from Reuters, the nation’s regulators have been pushing banks to modernize outdated systems and processes by adopting blockchain technology.

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GameCredits Announces Get the Gun Tournament & Prizes
Jan25

GameCredits Announces Get the Gun Tournament & Prizes

LA-based GameCredits recently told DCEBrief about its upcoming Get the Gun tournament, which is scheduled to begin at 9:00 PM GMT on January 27, 2017 – with a second tournament to be held on the following day beginning at 12:00 pm GMT. The staggered times are designed to ensure that players throughout the world have the best opportunity to participate in one of the tourney events. The tournament will be accompanied by a Prize Pool that is being jointly-sponsored by Datcroft Games and GameCredits Inc.

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BTCC Denies Reports of Illegalities, Ends Margin Trading
Jan20

BTCC Denies Reports of Illegalities, Ends Margin Trading

In remarks to Reuters, BTCC Chief Executive Bobby Lee has claimed that recent Chinese media reports were wrong when they suggested that the country’s central bank had determined that the exchange was “engaged in illegal operations and financing activities.” That report from the China News Service relied on reporting from the state-run Beijing Youth Daily, which also claimed that two of the other large Chinese exchanges – OKCoin and Huobi – were also found to be engaged in similar illegal activities.

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Fed Chair Calls Blockchain ‘Important New Technology’
Jan19

Fed Chair Calls Blockchain ‘Important New Technology’

Federal Reserve Chair Janet Yellen had some positive words to say about the blockchain on Wednesday during an appearance at the Commonwealth Club in San Francisco. After delivering a speech in which she opined on everything from the strength of the economy to the Federal Reserve’s plans for interest rates, Yellen sat down to discuss those and other important issues with Ed Wasserman, the event moderator and Dean of the Graduate School of Journalism at UC Berkeley.

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DFS Approves BitLicense for Coinbase
Jan18

DFS Approves BitLicense for Coinbase

In a press release on Tuesday, the New York State Department of Financial Services (DFS) announced that it has granted Coinbase, Inc. the virtual currency and money transmitter license needed to continue its operations in New York. The company had announced that it applied for the state’s “BitLicense” in August, 2015, and has been operating in New York under the terms of a safe harbor provision while it waited for formal approval.

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RBI’s Research Institute Completes Test of Blockchain Tech, Releases White Paper
Jan17

RBI’s Research Institute Completes Test of Blockchain Tech, Releases White Paper

The Times of India is reporting that the research arm of the Reserve Bank of India (RBI) has concluded its first trade application test of blockchain technology. The end-to-end test was conducted in collaboration with banks and other financial institutions, clearing houses, and regulators, and was facilitated by the RBI’s Institute for Development and Research in Banking Technology (IDRBT). The project received technical support from cryptocurrency firm MonetaGo, which provided the technology used in the test.

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Interview with Movie Producer Tony Caradonna – First Ethereum Financed Movie ‘The Pitts Circus’ with ROI
Jan17

Interview with Movie Producer Tony Caradonna – First Ethereum Financed Movie ‘The Pitts Circus’ with ROI

The Ethereum platform is supporting many exciting new developments. We caught up with Tony Caradonna from ‘A Ken Evil Thing’ to discuss a movie that he is working as producer on called ‘The Pitts Circus’.

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Coinbase CEO Responds to IRS Summons with Alternative Option
Jan16

Coinbase CEO Responds to IRS Summons with Alternative Option

Coinbase co-founder and CEO Brian Armstrong published an online post on Medium this weekend to explain his company’s position on the ongoing battle with the Internal Revenue Service (IRS) over the tax agency’s effort to access information about Coinbase customers. He also took the opportunity to offer another option that would negate the need for the John Doe Summons by issuing all Coinbase customers a 1099-B at the end of each year.

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Israel to Tax Digital Currency Sales as Property
Jan15

Israel to Tax Digital Currency Sales as Property

In a statement released this week, the Israel Tax Authority (ITA) announced that it has decided to treat digital currencies like Bitcoin as assets rather than as foreign currencies for the purpose of taxation. That announcement has come more than three years after Israel’s government first began talking about the possibility of taxing profits from Bitcoin trading.

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