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    Industries to be Disrupted by Blockchain
    Crypto News Point
    • Nov 13, 2020
    • 9 min

    Industries to be Disrupted by Blockchain

    Technologies bring innovation and better opportunities across the globe by transforming the way how businesses work and because of which we listed out industries to be disrupted by Blockchain. Blockchain is one of the fastest-growing technologies in today’s digital world that have come into the limelight in the last few years. We have heard that blockchain technology has revolutionized finance, real estate, and many other sectors. However, not many of us are aware of what exa
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    Russia Passes New Cryptocurrency Bill Prohibiting Its Use As a Payment Method
    Crypto News Point
    • Jul 23, 2020
    • 2 min

    Russia Passes New Cryptocurrency Bill Prohibiting Its Use As a Payment Method

    Russia has passed a major bill today related to cryptocurrencies that prohibits the use of cryptocurrencies like Bitcoin as a payment method. On July 22 Regnum reported that The State Duma Russia’s legislative body has passed a bill titled “On Digital Financial Assets” in its final third reading. CoinTelegraph: "Russia’s newly passed crypto bill finally provides legal status to crypto but does not allow it to be used as a payment method. pic.twitter.com/vZ43hUVWAY" #news $new
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    Philippines Launches Blockchain-Based Mobile App To Distribute Government Bonds
    Crypto News Point
    • Jul 21, 2020
    • 1 min

    Philippines Launches Blockchain-Based Mobile App To Distribute Government Bonds

    The Philippine Bureau of the Treasury along with the UnionBank and Philippine Digital Asset Exchange launched a blockchain-based mobile app for distributing government-issued treasury bonds. The president and CEO of UnionBank, Edwin R. Bautista, claimed it was Asia’s: “first retail treasury bond issuance to leverage on blockchain technology.” The Philippines' Board of Treasury leveraged blockchain for their bonds. Check it out @coindesk @Cointelegraph !https://t.co/uqfP0w26Ui
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    Beijing Releases 145 Page Blueprint For Blockchain-Based Government
    Crypto News Point
    • Jul 18, 2020
    • 1 min

    Beijing Releases 145 Page Blueprint For Blockchain-Based Government

    China’s Beijing government has released its first blockchain application blueprint on government services as announced by a local media outlet on July 15. The blueprint suggests that around 140 government service applications are already on blockchain, divided over three categories: Data sharing and exchange Business collaborative processing Electronic certificate and certificate storage Beijing unveils plan for blockchain-based government https://t.co/8h1AQGFiYw pic.twitter.
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    Blockchain Community Invited To Join Australia’s National Blockchain Roadmap
    Crypto News Point
    • Jul 11, 2020
    • 2 min

    Blockchain Community Invited To Join Australia’s National Blockchain Roadmap

    The Australian National Blockchain Roadmap Steering Committee has reached out to the blockchain community in order to create working groups to explore specific applications of the technology within the supply chain, agricultural and educational sectors. The invitation on the Australian Government’s Department of Industry, Science, Energy and Resources’ website have asked interested parties to submit their expressions of interest before the 22nd of July. Are you part of Austra
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    Shanghai Courts Implement Blockchain Technology To Record Court Hearings
    Crypto News Point
    • Jul 10, 2020
    • 1 min

    Shanghai Courts Implement Blockchain Technology To Record Court Hearings

    Shanghai courts are using blockchain technology to record hearings as part of a court reform pilot. On July 8, Cointelegraph reported, citing local Chinese media that China’s local court participants at a recent court reform conference held by the Shanghai High Court observed that the Minhang District People’s Court used blockchain technology to record an equity transfer contract dispute. At 14 o’clock that day, the presiding judge clicked the “open court” button and struck t
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    Chinese Courts Implement Blockchain To Secure Properties With Electronic Seal
    Crypto News Point
    • Jul 7, 2020
    • 1 min

    Chinese Courts Implement Blockchain To Secure Properties With Electronic Seal

    Several courts in China have implemented blockchain technology to secure properties with an electronic seal. The Executive Bureau of the People’s Court in Haidian District, Beijing, has reportedly deployed a blockchain-based electronic seal to secure a property in Chaoyang district. On July 5 Global Times reported that through the application of a blockchain-powered e-sealing, courts will be able to monitor a property in real-time with help of video surveillance in a secured
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    Sweden’s Central Bank Releases 98-Page Report On Central Bank Digital Currencies
    Crypto News Point
    • Jun 25, 2020
    • 2 min

    Sweden’s Central Bank Releases 98-Page Report On Central Bank Digital Currencies

    Sveriges Riksbank, Sweden’s central bank just released a 98-page report on central bank digital currencies, referencing the country’s own such asset — the e-krona. In an initial note to readers, Riksbank’s June 18, 2020 report said: “The second issue of Sveriges Riksbank Economic Review in 2020 has a special theme, namely central bank digital currencies (CBDC) and the e-krona.” The Sveriges Riksbank Economic Review does a deep dive into central bank digital currency, includin
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    Pentagon Created A War Game Where Gen Z Use Bitcoin To Fight The System
    Crypto News Point
    • Jun 8, 2020
    • 2 min

    Pentagon Created A War Game Where Gen Z Use Bitcoin To Fight The System

    A publication has uncovered information on a Pentagon war game created in 2018 where Gen Z uses bitcoin to fight the system i.e. players were rewarded in Bitcoin (BTC) for taking down financial institutions. The backdrop story has an uncanny resemblance to the current events in the midst of ongoing protests across the United States. According to a June 6 article on The Intercept, the documents reveals that the United States Pentagon created a game called the 2018 Joint Land,
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    Suzhou To Launch Blockchain-Powered Pilot Program Providing Notary Services
    Crypto News Point
    • Jun 8, 2020
    • 1 min

    Suzhou To Launch Blockchain-Powered Pilot Program Providing Notary Services

    Authorities of Suzhou announced that a blockchain-powered pilot program will provide a wide range of notary services in Suzhou, China. On June 5 China Quality News reported that this program aims to help millions of citizens access legal and government offices via the internet. The pilot platform covers personal freedom, life, health, property rights, and more and is created by: The Suzhou Municipal Market Supervision Bureau The Suzhou Municipal Bureau of Justice. All the mat
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    Crypto News Point
    • Jun 6, 2020
    • 2 min

    Moscow To Use Blockchain Voting, Determining Putin’s Presidential Fate

    Russia’s upcoming e-voting on Vladimir Putin’s Constitutional amendments will be implemented using blockchain technology, determining Putin’s presidential fate. Moscow citizens will now be able to cast their votes via blockchain-powered e-voting. Announced on Moscow government’s official website, voters can now sign up for the upcoming e-voting starting from June 5. Открыта запись на электронное голосование по изменениям в Конституцию Подать заявку можно до 14:00 21 июня. П
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    ‘Masterplan’ For Turning China’s Hainan Province Into Free Trade Port Involves Blo
    Crypto News Point
    • Jun 3, 2020
    • 2 min

    ‘Masterplan’ For Turning China’s Hainan Province Into Free Trade Port Involves Blo

    Chinese authorities have released a master plan for turning southern island province Hainan into a free trade port. Initially, the pilot program will select two banks to carry out business through the blockchain-powered platform. According to report the first export account was traded successfully through the system. The master plan encourages government institutions to use blockchain and other technologies to reform government function. On June 1 Xinhua News reported that th
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    South Korean Regulators Propose Taxing On Crypto Profits
    Crypto News Point
    • Jun 1, 2020
    • 1 min

    South Korean Regulators Propose Taxing On Crypto Profits

    South Korea’s Ministry of Economy and Finance is preparing an amendment to the nation’s Income Tax Law. It could include rules for profitable sales of cryptocurrencies as well as profits from national crypto mining projects. On May 27 E Daily reported that the ministry also mentioned including profits generated by initial coin offerings despite ICOs still being banned across the country. The report specifies that crypto-to-crypto transactions will be “likely” exempt from the
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    Ukraine Publishes New Draft Bill On Virtual Assets For Public Discussion
    Crypto News Point
    • May 23, 2020
    • 2 min

    Ukraine Publishes New Draft Bill On Virtual Assets For Public Discussion

    On May 18, the Ministry of Digital Transformation of Ukraine published a new draft bill “On Virtual Assets” that aims to determine the legal status of crypto assets, rule of their circulation and issuance in the country. However, the current version of the bill is not final and is open for discussion by the crypto community until June 5, 2020. The main purpose of the new draft bill is to finally enable local crypto firms like exchanges to open bank accounts, according to one
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    Simba Chain To Build Blockchain Project For US Department Of Defence
    Crypto News Point
    • May 13, 2020
    • 2 min

    Simba Chain To Build Blockchain Project For US Department Of Defence

    Simba Chain, a blockchain startup backed by the Defense Advanced Research Projects Agency (DARPA) will soon build a blockchain project for the U.S. Department of Defense (DoD). A long-established favorite of the U.S. military authorities like the U.S. Air Force and the Navy, Simba Chain has won another contract from the United States government. SIMBA Chain wins another #DoD Contract #Blockchain #SmartContracts https://t.co/lIUpGNbeFf@RSKsmart @Hyperledger @CoinDesk @ethereum
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    Crypto News Point
    • May 7, 2020
    • 2 min

    Libra Appoints Obama’s Former Under Secretary For Terrorism As Its New CEO

    The Libra Association on May 6 announced the appointment of Obama’s former under secretary for terrorism as its first CEO. Stuart Levey served as an under secretary for terrorism under the administrations of George W. Bush and Barack Obama. He focussed on the enforcement of all U.S. anti-money laundering and counter terrorist financing laws by the Financial Crimes Enforcement Network (FinCEN). Libra, Facebook’s cryptocurrency project, is bringing on as chief executive Stuart
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    European Central Bank Pushes For Clear Regulatory Parameters For Stablecoins
    Crypto News Point
    • May 6, 2020
    • 2 min

    European Central Bank Pushes For Clear Regulatory Parameters For Stablecoins

    The European Central Bank, or ECB, pushed for clear regulatory parameters for stablecoins, citing risks as well as gaps in current regulations in its latest in-depth report on global stablecoins. On May 5 ECB wrote in its report that: “In order to reap the potential benefits of global stablecoins, a robust regulatory framework needs to be put in place in order to address these risks before such arrangements are allowed to operate.” The ECB’s report noted several benefits arou
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    GBA and WinterGreen Research Currently Developing A Blockchain Voting App
    Crypto News Point
    • Apr 23, 2020
    • 1 min

    GBA and WinterGreen Research Currently Developing A Blockchain Voting App

    A voting app is being developed by WinterGreen Research and Government Blockchain Association (GBA) that will use blockchain technology to “make fraud detectable”. Susan Eustis, President of WinterGreen Research says that she expects COVID-19 might accelerate its adoption: “We anticipate that the digital voting app will roll out quickly, just as the telemedicine market was eclipsed by virtual care delivery from Cisco WebEx and Zoom. Physicians went from doing 200 televisits p
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    Legislation Regulating Operations Of Singaporean Crypto Firms Comes Into Effect
    Crypto News Point
    • Jan 28, 2020
    • 1 min

    Legislation Regulating Operations Of Singaporean Crypto Firms Comes Into Effect

    Legislation regarding the operations of cryptocurrency firms in Singapore comes into effect from Jan. 28. The new Payment Services Act will regulate cryptocurrency payments and trading enterprises under some aspects of the regulatory regime that currently governs traditional payment services and require them to hold a license. Crypto payment services must also comply with: The Financial Advisers Act Insurance Act Securities and Futures Act Trust Companies Act The new rules pl
    0 comments
    Iran’s Ministry Of Industry Issues Over 1,000 Licenses For Cryptocurrency Mining
    Crypto News Point
    • Jan 28, 2020
    • 2 min

    Iran’s Ministry Of Industry Issues Over 1,000 Licenses For Cryptocurrency Mining

    Iran’s Ministry of Industries- Mining and Trade has issued over 1,000 cryptocurrency mining licenses for domestic operations. On Jan. 24 according to a post by Iran’s Banking and Economic System Reference Media (IBENA), a member of the Information and Communications Technology (ICT) Guild Organization’s blockchain commission – Amir Hossein Saeedi Nai, informed the public of the number of licenses issued. Nai adds that before launching a mining operation in the country, entrep
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