News

The Russian Federation is concluding plans to allow four of its regions to test innovations that are not regulated by the current legislature, including cryptocurrencies. The Economic Ministry has drafted a bill that seeks to establish regulatory sandboxes in those regions, with companies, entrepreneurs, and authorities given a free hand to experiment with cryptos without going against federal law. Cryptos …

As the G20 is gearing up to discuss cryptocurrencies and related regulations, Japan will reportedly share its experience regarding this new sector with the entire group at the upcoming G20 summit. According to local media reports, regulators in Japan have a solution for cryptocurrency regulation that they think other G20 countries would accept. Japan to propose cryptocurrency regulation Finance ministers …

The Indian government has been making progress in terms of cryptocurrency regulations despite rumors that cryptos would be banned in the country. A recent report from the Indian Ministry of Finance confirms that some recommendations are being made towards regulating this sector. Indian government looking to regulate cryptos Multiple reports from local media outlets reveal that a draft bill on …

South Korean electronics company and leading cell phone manufacturer Samsung might develop a public-private blockchain that will include its own cryptocurrency. This news comes via an anonymous source speaking to CoinDesk Korea in an article published earlier today. An initiative on the part of Samsung’s blockchain division, the project would entail a mainnet launch on the Ethereum blockchain, and result …

A project underway at the University of Nevada, Reno is seeking to develop a new blockchain-powered autonomous vehicle. This news comes via a press release earlier today. The project is a joint effort between Internet of Things (IoT) company Filament and the University of Nevada, Reno and the Nevada Center of Applied Research (NCAR), the latter of which are coordinating …

A charitable campaign that would facilitate the transfer of $1 million worth of crypto donations to Venezuelans has registered roughly 60,000 beneficiaries and raised $272,000 so far. This news comes via an interview with the campaign’s leader, Steve Hanke, with National Public Radio (NPR) yesterday. Steve Hanke is a professor of applied economics at Johns Hopkins University in Baltimore, Maryland. …

Legendary tennis star Serena Williams revealed she is an investor in leading United States-based cryptocurrency exchange, Coinbase. Williams broke the news last Wednesday, April 17th with an Instagram post in which she announced that her investment firm, Serena Ventures, had silently invested in more than thirty companies, with Coinbase being one of them. The biggest surprise of the post, though, …

Fundstrat Global Advisors co-founder Tom Lee said that the current value shown by his proprietary Bitcoin (BTC) sentiment metric, the Bitcoin Misery Index (BMI), has never before been seen in a bear market. This news comes via comments Lee made in an interview published by Cointelegraph yesterday. In the interview, Lee pointed out that through 2018, the BMI never topped …

United States crypto derivatives trading platform LedgerX has its sights set on the launch of a physically-settled Bitcoin (BTC) futures contract. This news comes via a report from The Block published on April 15th. LedgerX, which is fully regulated and overseen by the United States Commodities Futures Commission (CFTC), has reportedly applied for a designated contract market license last November, …

Ernst & Young (EY), one of the Big Four auditing firms, has launched a private beta test version of its new Smart Contract Analyzer tool for the Ethereum blockchain. This news comes via a press release published on the company’s website yesterday. The tool could be a game-changer in terms of ensuring companies’ smart contracts actually fulfill the promises they …