Tag: Adoption

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Crypto Tax Bill Introduced in the US House of Representatives

A U.S. representative has introduced a bill that would free up cryptocurrencies from double taxation under the Internal Revenue Code. A tax bill seeking to allow the exclusion of gain or loss on like-kind exchanges of virtual currency has been introduced in the United States House of Representatives. To amend the Internal Revenue Code of…
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Online Sentiment Toward Crypto Market in 2019 — Attitudes Are Positive

A study reveals that more than 80% of all crypto related posts on Reddit are positive in nature, sentiment toward crypto on a rise in recent years… Despite all of the bad press that the digital asset industry continues to receive on an almost daily basis, it appears as though the overall sentiment of the…
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South Korean Fashion Platform Joins Terra Stablecoin Alliance

South Korean fashion platform Sinsang Market has joined the ecosystem of the Terra Alliance, a stablecoin-focused association of large e-commerce companies. South Korean business-to-business fashion platform Sinsang Market has joined the Terra Alliance ecosystem, a stablecoin-focused association of large e-commerce companies. As South Korean economics-oriented newspaper EconoNews reported on Aug. 3, the partnership between Sinsang…
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IBM Launches New Blockchain Platform for Supplier Data Management

Tech giant IBM and blockchain company Chainyard have jointly announced a new blockchain network designed to improve supply chain management. Tech giant IBM and blockchain company Chainyard have jointly developed a new blockchain network for supply chain management. IBM announced the platform in a press release shared with Cointelegraph on Aug. 5. Alongside IBM, the…
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Bangladesh to Use IT Fund to Bankroll Blockchain Education for Graduates

Bangladesh will use money from its $208 million IT project fund to send graduates for blockchain training in Japan and India. The Bangladesh government will use money from its $208 million IT project fund to send graduates for blockchain training in Japan and India. Bangladesh authorities plan to send 100 new IT graduates abroad to…
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MasterCard and Nexo Jointly Launch Crypto Credit Card

Instant crypto loans firm Nexo and international payment system corporation MasterCard are jointly launching a cryptocurrency credit card. Instant crypto loans firm Nexo and international payment system corporation MasterCard are jointly launching a cryptocurrency credit card. The development was announced in a press release shared with Cointelegraph on Aug. 2. “World’s first” Nexo claims the…
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Andorra Telecom Inks New Partnership to Run Blockchain Node

Andorra Telecom has entered into partnership with Spanish digital economy-focused non-profit Alastria to integrate blockchain technology into its internal processes. Andorra Telecom has entered into partnership with Spanish digital economy-focused non-profit Alastria to integrate blockchain technology into its internal processes, Spanish-language news outlet Diari d’Andorra reported on Aug. 1. Alastria is a consortium of over…
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Blockchain Adoption Takes Off in Airlines, Aviation Industry

The Aviation Industry is setting a new playing field with blockchain adoption spreading through loyalty programs, baggage tracking, air supply and logistics. In an era in which catching a flight is easier than renting a car, and an estimated 40 million flights will occur this year alone, it is understandable that competition is fierce, and…
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Gibraltar Grants First Crypto Derivatives License to Local Exchange

Gibraltar-based crypto derivatives exchange Quedex was granted a DLT license from the Gibraltar Financial Services Commission. Gibraltar-based crypto derivatives exchange Quedex has secured a license from the Gibraltar Financial Services Commission (GFSC). Quedex claims to be the world’s first regulated crypto futures and options exchange Quedex was granted a Distributed Ledger Technology (DLT) Providers licence…
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