US Government to “Aggressively Pursue” Unregulated Services Around the World

us government to aggressively pursue unregulated services around the world

Regulation Two common complaints among crypto traders are that platforms which didn’t before are now demanding identification documents and that more venues close their doors to residents of some countries. While users naturally lash out at the companies, it is important to remember that this is often done under coercion or threat by regulators. The US government, for example, doesn’t consider itself bound by national borders in pursuing unregulated services. Also Read: The Weekly: Coinbase Increases Limits, Shapeshift Acquires Bitfract, Okex Launches Coinall The Long Arm of the Law Kenneth…

Read More

Bitcoin’s Return to Innovation: Changing the World Through Peer-to-Peer Electronic Cash

bitcoins return to innovation changing the world through peer to peer electronic cash

News Developer Gabriel Cardona was personally recruited to fast track development of Bitcoin Cash (BCH). Open source, full featured development kit, Bitbox, his creation, has taken the community by storm, and it is now part of the developer universe. Money, Mr. Cardona likes to say, is critical to the human condition. And BCH and its blockchain are enabling financial sovereignty in a way which, he believes, is unique in history.Also read: Report: 15,000 Twitter Crypto Scam Giveaway Bots Developer Gabriel Cardona Seeks a Path to Change the World Through…

Read More

Crypto Daily News: World Bank Prepping for Blockchain Bond and Facebook Exec Steps Down from Board at Coinbase

crypto daily news world bank prepping for blockchain bond and facebook exec steps down from board at coinbase

In today’s edition of Crypto Daily News, we’ll cover the World Bank preparing to launch the world’s first blockchain bond and why Facebook executive David Marcus is stepping down from Coinbase. Crypto Daily News: August 10th, 2018 World Bank Blockchain Bond According to CNBC, The World Bank has just made a huge announcement in the crypto space: it has mandated the Commonwealth Bank of Australia to carry out the world’s first blockchain bond. The bond will be called the ‘Kangaroo bond’ and it is referring to the foreign bonds that are…

Read More

World Bank Taps Australia’s CommBank to Issue Its First Blockchain Bond

world bank e1533880082647

The World Bank Group, in partnership with Commonwealth Bank of Australia (CommBank), issued bonds through a block chain. One of Australia's Big Four commercial banks, ComBank, announced on Friday that it had been ordered by the World Bank to issue bonds. Bond issuance is created, transferred and managed through a block-chain platform. . This technology, which has already been developed by CommBank's in-house Blockchain Lab, aims to make key parties in the bond issue process such as investors and banks a participating node in a distributed network. In this way,…

Read More

World Bank Mandates Commonwealth Bank of Australia to Issue Bond Using Blockchain Tech

world bank mandates commonwealth bank of australia to issue bond using blockchain tech

Commonwealth Bank of Australia (CBA), the largest bank in the country, has been mandated by the World Bank to arrange a bond issue exclusively on a blockchain, according to a press release Aug. 10. CBA will reportedly arrange the first bond globally to be “created, allocated, transferred, and managed using blockchain technology.” The Blockchain Offered New Debt Instrument (bond-i) will be issued and distributed on a blockchain platform under the operation of the World Bank in Washington, and CBA in Sydney. The two organizations are using a private Ethereum blockchain,…

Read More

Bitcoin ATMs Now In The Thousands Around the World

bitcoin atms now in the thousands around the world

News reports a milestone of the 3,500 threshold being crossed for bitcoin ATMs (BATM) installed across the globe. One of the goals behind bitcoin automated teller machines is ease of onboarding to the world of crypto. A bear market – a protracted Crypto Winter – appeared to slow BATMs’ placement. And for sure it just might have, but numbers remain relatively strong considering, with the greater worry among BATM operators being US federal regulations preventing innovation. Also read: Queensland, Australia Invests Portion of its $6.1Mil Ignite Ideas Fund in…

Read More