Tag: CryptoCoin
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KFC Venezuela Accepts Dash Cryptocurrency, Joining Subway and Papa John’s
byKFC in Venezuela is accepting payments using the cryptocurrency Dash starting this week, joining a growing list of fast-food chains that accept crypto in Venezuela, including Subway and the Papa John’s pizza chain. KFC will initially roll out the program at its store in the Venezuelan capital of Caracas before expanding to 24 other locations across […]
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Mastercard Applies For New Patent for Anonymous Blockchain Transactions – A Regulated Bitcoin Tumbler?
byMastercard, the company who have gone through the entire process of laughing, fighting, and then embracing Bitcoin (and then attacking it again), have applied for another new patent in the blockchain space. Their last one was in regards to — we’re not making this up — a fractional reserve crypto bank. They describe a novel method of anonymizing transactions which […]
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Gazprombank Forges New Partnership to Offer Crypto Assets Services
byThe Swiss wing of Russia’s Gazprombank will start offering crypto assets services by mid-2019, according to a press release published by its bank-tech partner Avaloq. The financial technology firm announced that it would build a fully integrated solution for the management of client portfolios across all asset classes, including cryptocurrencies. Gazprombank will integrate the said solution into […]
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French Firm Becomes Europe’s First Regulated Crypto Asset Manager Funded by an ICO
byFrance has one of the toughest regulatory environments in Europe and the world generally when it comes to finance and specifically cryptocurrency. The country has in recent times taken a few cursory steps toward becoming a hub of ICO activity, but strict enforcement of crypto regulations is the cost of doing business in a well-connected financial […]
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Crypto to Get Regulatory Certainty in South Africa in Payment System Review
byAuthorities in South Africa are seeking comments on proposed policy changes that could, among other things, offer cryptocurrencies regulatory certainty. Per the South African Reserve Bank (SARB) and the National Treasury, an overhaul of the national payment system (NPS), a set of infrastructures and arrangements which allow the transfer of funds between individuals and entities, is needed as […]
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US Congressman Announces Plans for Federal Cryptocurrency and ICO Regulation
byU.S. Rep. Warren Davidson (R) has announced plans to introduce legislation that would clearly regulate cryptocurrencies and Initial Coin Offerings (ICOs), local Ohio news agency Cleveland.com reports Dec. 3. According to Cleveland.com, Davidson announced his intention to introduce new legislation at the Blockchain Solutions conference. The bill would create an “asset class” for cryptocurrencies and digital assets, which “would prevent them […]
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Could South Korea Follow Japan in Allowing Private Crypto ICOs?
byOn November 26, the Financial Services Agency (FSA) of Japan held an internal meeting to discuss the possibility of allowing private crypto initial coin offering (ICO) projects. Nikkei exclusively reported that local financial authorities are actively exploring the legalization of ICOs for institutional investors and accredited investors, as long as they are lawfully conducted within the boundaries […]
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Ohio: Seven Funds Plan $300 Million Investment for Blockchain Startups Through 2021
byOhio funds will pour over $300 million into blockchain startups through 2021, Northeast Ohio daily news outlet Cleveland.com reported Dec. 3, quoting executives. Speaking at the ongoing Blockland Solutions conference, nonprofit JumpStart CEO Ray Leach announced that a total of seven funds were primed to invest $100 million in “early-stage startups that focus on using blockchain technology […]
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Strategy Shift: North Korean Hackers Take Aim at Individual Crypto Investors
byFaced with depleted reserves and having been hit with sanctions aimed at its illegal nuclear weapons program, North Korean hackers have a new strategy for growing the country’s cash reserves — steal crypto holdings from individual investors. According to a report from the South China Morning Post (SCMP), the option to target individuals who hold cryptocurrencies is a departure […]
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Crypto-Powered Football League Adds NFL Stars Marshawn Lynch and Richard Sherman
byNFL stars Marshawn Lynch and Richard Sherman have joined the Fan-Controlled Football League (FCFL) — a crypto-powered football league — as team owners. Lynch and Sherman will also serve as fan captains for their respective franchises when the FCFL’s inaugural season kicks off in June 2019, the company told CCN. Lynch is currently a running back […]
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