The New York firm recently revealed its plans to develop a green mining center in Morocco. On Friday, Soluna, a New York-based computing company backed by Brookstone Partners, announced it will build a wind-powered center in southern Morocco for use as a cleaner alternative to cryptocurrency mining. The company is...
The Dubai International Financial Centre Courts have created a taskforce to investigate the use of blockchain to improve the country’s court system as part of the Smart Dubai initiative. The Dubai International Financial Centre Courts (DIFC), a specialized court system that handles commercial disputes, has announced it is attempting to...
The Catalan government announced its intention to create a blockchain technology plan aimed at improving government services. In an announcement on Tuesday, the government of Catalonia revealed it had instructed the Department of Digital Policies to develop a strategic plan by December to use blockchain to integrate and improve government...
A definitive word may come from the G20 summit in October. In addition to the many financial, economic, and technical issues discussed at the G20 summit last weekend in Argentina, assembled finance ministers and central bank governors from the world's top economies also touched upon cryptocurrency standards and regulations. Members of...
A recent European Parliament report discusses competition issues within FinTech as they relate to cryptocurrencies. Requested by the European Parliament's Committee on Economic and Monetary Affairs, a July study titled Competition issues in the Area of Financial Technology (FinTech) analyzes anti-competitive forces and their effect on the overall FinTech ecosystem....
The new program is intended to educate officers on how to investigate crimes involving cryptocurrency. On Sunday, a spokesperson for the City of London Police confirmed that a course in cryptocurrency will be implemented into the department's Economic Crime Academy. According to reports from The Telegraph (paywall) and local outlet City...
The gear has come under scrutiny by the State Bank of Vietnam and the Ministry of Industry and Trade. According to Hanoi newspaper Việt Nam News, the State Bank of Vietnam (SBV), the country's central bank, has agreed with the Ministry of Industry and Trade (MoIT) to temporarily halt the...
CFPB director Mick Mulvaney is preparing to hand the reins to Kathleen Kraninger. While her nomination process grows contentious, Mulvaney is leaving his mark on the agency, creating an Office of Innovation and launching a regulatory sandbox. On Thursday, the Senate Committee on Banking, Housing, and Urban Affairs held a...
A recent study published by the European Parliament discusses the state of cryptocurrency-related crime, such as money laundering, tax evasion, and terrorist financing. Requested by the European Parliament's Special Committee on Financial Crimes, Tax Evasion and Tax Avoidance, a July study titled Cryptocurrencies and blockchain: Legal context and implications for...
The revelation that Russian hackers used bitcoin to fund their hacking operations during the 2016 election has led to two opposing claims about the nature of cryptocurrency. On July 13, Robert Mueller's team filed an indictment of 12 Russian intelligence officers. These agents are accused of hacking the Hillary Clinton...