Government

Geopolitical Analyst Believes Blockchain Will Become ‘Obsolete’

5 days ago admin2 0
Geopolitical analyst George Friedman says that blockchain technology will one day become “obsolete,” CNBC reported June 15. Friedman is a founder of Geopolitical Futures, an online publication dedicated to predicting the future course of international affairs, and author of “The Next 100 Years: A Forecast for the 21st Century.” He told CNBC that he has Read More

LexisNexis Partners With Australian Crypto Exchange Blockbid to Increase Security

2 weeks ago admin2 Comments Off on LexisNexis Partners With Australian Crypto Exchange Blockbid to Increase Security
Risk management giant LexisNexis has partnered with crypto exchange Blockbid to increase the exchanges security measures Blockbid reports on its Medium account June 4. Blockbid is reportedly one of the first trading platforms to voluntarily observe global anti-money laundering (AML) measures by partnering with LexisNexis and ThreatMetrix security technology firms. Boosting fraud prevention and know Read More

Estonia Rolls Back Its Plan to Issue National Digital Currency

3 weeks ago admin2 Comments Off on Estonia Rolls Back Its Plan to Issue National Digital Currency
Estonia rolled back its plan to establish a national cryptocurrency Estcoin following criticism from the President of the European Central Bank, Mario Draghi, and local banking authorities, Bloomberg reported June 1. The managing director of the Estonian e-residency program, Kaspar Korjus, proposed the development and issuance of Estcoin in August last year. Along with becoming Read More

SEC Obtains Court Order Against ICO Defrauding Investors of Millions

3 weeks ago admin2 Comments Off on SEC Obtains Court Order Against ICO Defrauding Investors of Millions
The US Securities and Exchange Commission (SEC) has obtained a courter order to halt the activities of an initial coin offering (ICO) that defrauded investors, the SEC announced May 29. According to the SEC press release, Titanium Blockchain Infrastructure Services Inc. has raised $21 mln from investors both in and outside the US. A complaint Read More

Shenzhen Gov’t Partners With Tencent to Fight Tax Fraud With Blockchain

4 weeks ago admin2 Comments Off on Shenzhen Gov’t Partners With Tencent to Fight Tax Fraud With Blockchain
The Shenzhen Municipal Office of the State Administration of Taxation has partnered with technology firm Tencent, according to an official announcement May 25. The partnership aims to establish an “Intelligent Tax” Innovation Laboratory focused on tax management modernization and fighting tax fraud with blockchain technology. On May 24th, the Chinese regulator and Tencent signed an Read More

Fundstrat’s Lee Admits Poor Prediction of Bitcoin Rally, Still Expects $25k Price by Year End

1 month ago admin2 Comments Off on Fundstrat’s Lee Admits Poor Prediction of Bitcoin Rally, Still Expects $25k Price by Year End
Co-founder and head of research at Fundstrat Global Advisors, Thomas Lee has admitted that his prediction of a Bitcoin rally after the Consensus conference was wrong. Lee has claimed that the crypto market still “faces significant internal resistance and hurdles within traditional financial institutions,” Bloomberg reports May 18 Having accurately predicted the growth of crypto Read More

Australian Government Looks to Blockchain for Trade Modernization

1 month ago admin2 Comments Off on Australian Government Looks to Blockchain for Trade Modernization
Australia’s Department of Home Affairs (DHA) is looking to blockchain technology to provide secure and transparent international trade and supply chain management. The department is hoping to modernize international trade management in the country and is pushing for a pan-governmental framework for emerging technologies, including blockchain, AI and the internet of things, to provide real-time Read More

Texas Issues Cease-And-Desist To BTC ‘Investment Company’ Promised 100% Profit In 21 Days

1 month ago admin2 Comments Off on Texas Issues Cease-And-Desist To BTC ‘Investment Company’ Promised 100% Profit In 21 Days
The Texas State Security Board (TSSB) issued a cease-and-desist order May 8 to a Bitcoin investment company that reportedly offers unregistered securities and makes deceiving statements that mislead investors. An official notice was issued to Forex EA & Bitcoin Investment LLC, represented by two individuals, James Butcher and Richard Dunn. The TSSB, according to the Read More