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Chinese Yuan will become cryptocurrency (CryptoYuan)

INSEAD professor and co-founder of the Blockchain Research Institute (BRI) Don Tapscott (Don Tapscott) said that the yuan – the official Chinese currency – will become a cryptocurrency (CryptoYuan).  In an interview with Bloomberg, Tapscott said that he recently met with the vice-chairman of the Chinese Communist Party. The official…

BMW, Intel Partner With Government-Backed Blockchain Accelerator

BMW Group Asia, Intel and Nielsen are now corporate partners of the Singapore government-supported blockchain accelerator Tribe. Tribe Accelerator announced the news Friday, saying that the three firms will share their knowledge and subject expertise in their respective fields with Tribe’s startups in order to help build an “inclusive” ecosystem…

CryptoRuble is coming

Crypto-ruble can be a substitute for the ruble in blockchain space. The State Duma will adopt laws on cryptocurrency until the end of 2018 Crypto alternative to ruble A crypto-ruble may appear in Russia – a full-fledged analogue of the fiat ruble, its virtual copy. In order to secure the…

Chinese court: cryptocurrency should be legally protected by property of citizens

The Arbitration Court in China ruled that, despite the country’s Central Bank’s ban on trading in cryptocurrencies, Bitcoin must still be legally protected as citizen’s property. The Shenzhen Court published the details of the case through WeChat, stating its decision on a recent economic dispute concerning a business contract involving…

Seoul Mayor Plans $100 Million Fund to Build Blockchain Smart City

Park Won-soon, the mayor of Seoul, has revealed a five-year plan to invest $108 million to develop the South Korean capital as a smart city powered by blockchain. In a speech during his visit to Zurich, Park announced last week that his Blockchain Urban Plan for 2018–2022 will cover 14…

China to Drafts for Three Domestic Blockchain Standards in 2018

The China Electronics Standardization Institute (CESI), a government organization under the country’s Ministry of Industry and Information Technology (MIIT), plans to release three blockchain standards for smart contracts, privacy and deposits as a way to improve the country’s development of the blockchain industry. The standards, which would be association based,…

Chinese hedge fund manager launching decentralized venture capital ecosystem

The man who set up one of the first activism hedge funds in Hong Kong for CM Asset Management called the Shareholder Value Fund, has decided to embrace blockchain technology by launching SuperNode Community (SNC), a decentralized blockchain ecosystem to democratize the traditional venture capital (VC) model for startups. SNC’s…

Everything You Need to Know About Cryptocurrency Regulation (Right Now)

Written by Gary Ross This article was originally published on UpCounsel. The meteoric rise of cryptocurrencies has taken the world by storm. Innovators, investors, users, and governments are scrambling to wrap their heads around cryptocurrencies and the blockchain technology that they rely upon. The emergence of a new market and…

At Least 30% of All Brazilians Are Interested in Crypto Investments.

Cryptos continue to make their way into the world of finance becoming more and more popular. Not only are they a mechanism used by anarchists and tech savvy people, but they are now increasingly used as financial tools by ordinary users. This is extremely important for the consolidation of cryptocurrency…

Ripple’s XRP Accepted by Samsung Signals ‘None Security’

The leading IT giant Samsung has announced that digital currency payments will be accepted. The development was made possible via teaming up with CopPay platform. Firstly, users that will use and benefit these services will be from 3 Baltic states. The announcement was made by the Lithuanian-based company on July 20.…

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