District Judge Forms Blockchain Law Study Group in South Korea
A group of judges, lawmakers and industry experts in South Korea are forming a new law society to discuss legal issues surrounding blockchain.
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SEC Fines Crypto Fund $50K and Issues Cease-and-Desist
news The U.S. Securities and Exchange Commission has ordered fund manager CoinAlpha Advisors LLC to pay a $50,000 fine following what it deemed to be an unregistered securities sale. According to the order published Friday, CoinAlpha formed a fund in October 2017 with the goal of investing in digital assets. It reached out to possible…

Ethereum’s Dencun Upgrade Could Mean Near-Zero Fees for Layer-2 Blockchains: Fidelity Digital Assets
The Dencun upgrade is scheduled for March 13.It is expected to result in lower fees for users of layer-2 networks.It allows Ethereum to act as a proper database for other blockchains.The Ethereum blockchain's Dencun upgrade, scheduled for March 13, is the first step toward enabling its rollup–centric roadmap and will allow the network to function

TradeLens to Digitize India’s Largest Private Port Operator
May 27, 2020 at 09:26 UTCShipping containers (Credit: Shutterstock/MOLPIX)TradeLens to Digitize India’s Largest Private Port OperatorThe largest commercial port operator in India has teamed up with blockchain-based logistics platform TradeLens in an effort to digitize its supply chains. Adani Ports and Special Economic Zone Ltd. (APSEZ) joined the shipping-focused platform – jointly founded by IBM…

Bitcoin Could Help Stop News Censorship – from Space
news A loose group of developers are testing out the idea that the combination of bitcoin and orbital communication might provide a means for stopping governments or other powerful entities from suppressing news they don’t like. Censorship is a worldwide problem, with one of the more recent examples include a new law strengthening the Russian…

Blockchain Bites: Clearing the Record on Yellen’s Crypto Concerns and the Bitcoin Double-Spend Fracas
The efficient market hypothesis butts up against bitcoin's volatile day while Bitcoiners show solidarity in hosting the white paper.Jan 22, 2021 at 7:08 p.m. UTCBlockchain Bites: Clearing the Record on Yellen’s Crypto Concerns and the Bitcoin Double-Spend FracasAfter dropping 13% yesterday, bitcoin is once again on the ascent. Meanwhile, Janet Yellen has offered a more…

Israeli Cryptocurrency Traders Locked Out of Banking System: Report
news After being unable to deposit profits, Israeli cryptocurrency traders are looking for answers from banks and regulators. Still unfamiliar with the technology, some $86 million in unpaid taxes on cryptocurrency trade earnings have piled up as banks refuse to touch deposits writes Israeli media Haaretz. The result? Many traders can’t deposit or even access…

PundiX’s Crypto Cash Registers Will Be Installed in 49 Retail Stores Across Venezuela
news Venezuela’s largest department store will install blockchain-enabled cash registers in its 49 retail outlets. The megastore operator Traki announced August 22, it will integrate Singapore-based Pundi X’s point-of-sale device, XPOS, to offer a cryptocurrency payment rail for shoppers. Already available in 30 countries, Pundi aims to sell 100,000 XPOS devices by 2021. This is…

Protego Becomes Second Crypto Firm to Win Bank Charter From OCC
The conditional approval from the U.S. banking regulator follows Anchorage's approval last month.Feb 5, 2021 at 4:11 p.m. UTCUpdated Feb 5, 2021 at 4:36 p.m. UTCProtego Becomes Second Crypto Firm to Win Bank Charter From OCCSeattle-based Protego Trust Bank has received conditional approval for a trust charter from the Office of the Comptroller of the…