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Witnessing the digital breakthrough
Shopify Adds Cryptocurrency Payments
Innovations   |   21.05.20  |  

As a result of successful test and partnership agreement, merchants of the Canadian e-commerce platform can now accept payments in cryptocurrencies According to the press release of May 20,2020 , a large Canadian e-commerce platform Shopify has partnered with a cryptocurrency payment service CoinPayments. As a result of this partnership, Shopify merchants now have an opportunity to accept payments in 1800 cryptocurrencies. It is also reported that the partnership is a result of a successful beta...

Arizona Successfully Using Blockchain Platform in Voting
Innovations   |   19.05.20  |  

In Arizona voting was successfully held using the Voatz blockchain platform Boston-based mobile voting platform Voatz has announced the successful use of its voting app at the Arizona state Republican Party convention. On May 9, more than 1,100 votes were cast, which were evenly distributed between delegates using the iPhone and Android. The state party convention was held online due to the ongoing pandemic of the coronavirus. Previously, the mobile app was used in federal, state, and local elections...

Work on TON Project and GRAM Token Is Completely Stopped
Cryptocurrencies   |   13.05.20  |  

American court bans the sale of GRAM tokens outside the US — work on the project is completely stopped, says Pavel Durov Several days ago, various options for returning funds to investors of the TON project were reported, which, as you know, were repeatedly delayed due to a violation of US financial law. Now the long-standing struggle with the authorities has ended: Pavel DUROV said that Telegram has suspended the development of TON blockchain and GRAM cryptocurrency. According to the co-founder...

Telegram Excludes US Investors from TON Blockchain Project
Cryptocurrencies   |   07.05.20  |  

Telegram will pay American investors 72% of their costs, as they are forced to leave the TON blockchain project Due to a violation of current US securities laws, Telegram is postponing the launch of the TON network for the second time. Despite concerns, Telegram still hopes to launch the TON blockchain by 2021, possibly even with SEC approval. On Monday, investors of the Telegram Open Network (TON) received an email from the team of Pavel DUROV , saying that the company will not pay its investors...

Blockchain Investments Move from USA to China
Innovations   |   30.03.20  |  

CB Insights report showed that Chinese startups are starting to significantly increase their investments related to blockchain New York-based research firm CB Insights released a report on March 11 that shows Chinese startups are starting to significantly increase their blockchain investments. The report emphasizes that in 2015, deals from America-based companies accounted for 51% of the technological growth of blockchain, from China-based only 2%. Currently, the situation has changed in favor of...

Whiskey on Blockchain: Wave Financial Company Tokenized Bourbon of $20 Mln
Innovations   |   19.03.20  |  

Wave Financial has entered into an agreement with the Wilderness Trail Lillertil plant in Danville, Kentucky, for up to $20 mln Wave Financial is a bourbon tokenization company that provides investors around the world with access to the US whiskey market. The company announced that it had entered into an agreement with the Wilderness Trail Distillery in Danville, Kentucky, to tokenize from 10,000 to 20,000 barrels of bourbon whiskey for up to $20 million, which will be available to investors via...

IRS to Meet With Crypto Firms on a ‘Summit’ in DC Next Month
Usa   |   19.02.20  |  

... of taxes and outright criminal activities like tax evasion and money-laundering. One such example was the OneCoin scandal, a cryptocurrency created by Ruja IGNATOVA of Bulgaria. OneCoin was a multi-billion scam operation of a global scale, with thousands upon thousands of people wiring in money and not being able to withdraw. The actual amount of money made fraudulently is in excess of $4 Bln. In China alone, law enforcement agencies have identified and recovered 1.7 billion yuan (approximately ...

US Congress Starts Buzzing with CBDC Talk
Usa   |   12.02.20  |  

Unfortunately for the United States, the current situation they are in regarding blockchain advancement is nowhere near competitive levels with China The Chair of the Federal Reserve, Jerome POWELL was recently questioned in the US congress about potentially starting a project regarding central bank digital currencies (CBDC) for the local population. The one asking the questions was Congressman Bill FOSTER , who’s already become notorious for pushing the CBDC agenda. Foster’s questions were...

2020: US-Iran Tensions Spark Off Interest In Bitcoin
Iran   |   28.01.20  |  

The new year opened with a renewed interest in Bitcoin. As tensions between the United States and Iran continued to escalate in January 2020, the value of Bitcoin kept on growing The new year 2020 opened with a renewed interest in Bitcoin. As tensions between the United States and Iran continued to escalate in early January 2020, the value of Bitcoin kept on growing. After some initial back and forth, it stayed comfortably above the $8,000 per bitcoin mark. This means that it has grown by roughly...

US SEC’s OCIE Puts Financial Technologies on Priority List for 2020
Legislation   |   09.01.20  |  

According to the regulator, new technological developments in the field of capital formation and investment recommendations “require constant attention and supervision” The US SEC’s Office of Compliance Inspections and Examinations (OCIE) has put new financial technologies, including digital assets, among the main tasks in the current year, as per January 7 announcement. According to the regulator, new technological developments in the field of capital formation and investment recommendations...


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