Polish Ministries Of Foreign Affairs And Finance Refute Interest In Venezuela’s Petro

View the full post on its original sourcePoland’s Ministries of Finance and Foreign Affairs refuted rumors of Polish interest in trading with Venezuela in the country’s newly-launched Petro coin, Polish news outlet Gazeta.pl reports Friday, Feb. 23. Venezuelan government-sponsored news outlet TeleSur reported in early February that the new cryptocurrency had found foreign investors, including … Read morePolish Ministries Of Foreign Affairs And Finance Refute Interest In Venezuela’s Petro

Video Game Giant Ubisoft Is Exploring Blockchain Use Cases

View the full post on its original sourceFrench video game publisher Ubisoft is exploring potential applications of blockchain in its Strategic Innovation Lab, which studies emerging technologies and their use cases. Lidwine Sauer, the Lab’s director of trends and insights, told the gaming news site IGN that Ubisoft is particularly interested in the blockchain’s ability to … Read moreVideo Game Giant Ubisoft Is Exploring Blockchain Use Cases

New York Lawmakers Are Open to Revisiting the BitLicense

View the full post on its original source“Anyone in the crowd that does think the BitLicense needs to be reformed?” Not a word from the audience. Then, a few seconds later, laughter at the awkward silence. But the question itself, posed by New York state senator Jesse Hamilton at a roundtable Friday, hinted that the … Read moreNew York Lawmakers Are Open to Revisiting the BitLicense

Moscow Man Mutilated And Mugged For $1 Million In Bitcoin, Local Sources Report

View the full post on its original sourceA cryptocurrency investor fell victim to unidentified assailants in Moscow who reportedly disfigured him and stole over $1 mln worth of Bitcoin, today, Feb. 23, according to local crypto journal Forklog. According to Forklog, the victim, who has not been named, was in the southern district of the … Read moreMoscow Man Mutilated And Mugged For $1 Million In Bitcoin, Local Sources Report

Bank of America Now Considers Crypto a Business Risk

View the full post on its original sourceBank of America has cited cryptocurrency as a material risk to its business, public records show. The technology could hamper the second-largest U.S. bank’s ability to comply with anti-money-laundering regulations, pose a competitive threat and force the company to spend more money to keep up with the times, … Read moreBank of America Now Considers Crypto a Business Risk

South Korean Cryptocurrency Exchanges Evaluate Self-Regulations

View the full post on its original sourceAn association of South Korean cryptocurrency exchanges said that it is planning to check if its members are following a set of self-regulatory cryptocurrency measures adopted last year, local journal Yonhap News reported Feb. 21. The Korean Blockchain Industry Association, which is currently comprised of 33 of South … Read moreSouth Korean Cryptocurrency Exchanges Evaluate Self-Regulations

Austria Planning New Regulations for Cryptocurrency, ICOs

View the full post on its original sourceAustria has joined the list of countries planning to regulate cryptocurrencies and will use as a model existing rules for the trading of gold and derivatives. The government’s central concern is curbing the use of cryptocurrencies for money laundering, Bloomberg reports. Likewise, it wishes to extend oversight measures … Read moreAustria Planning New Regulations for Cryptocurrency, ICOs

New Project to Tackle Crypto Energy Crisis by Generating Electricity Through Waste

View the full post on its original sourceAs the cryptocurrency market expands, so too does the volume of energy required to maintain it. If the Bitcoin market alone continues to progress at its current rate, it will soon consume more energy annually than countries such as Peru. One potential solution to this issue is renewable energy; … Read moreNew Project to Tackle Crypto Energy Crisis by Generating Electricity Through Waste

Bank Of America: Our ‘Inability To Adapt’ Could See A Failure To Compete With Crypto

View the full post on its original sourceBank of America (BoA) has admitted to US regulators it may be “unable” to compete with the growing use of cryptocurrency. In its annual report to the Securities and Exchange Commission (SEC) this week, filed Feb. 22, the major US bank for the first time highlights cryptocurrency as … Read moreBank Of America: Our ‘Inability To Adapt’ Could See A Failure To Compete With Crypto