The German Ministry of Finance has published recommendations on how to interpret “securities issued on the blockchain” from a legal point of view – this is how the department intends to characterize at least part of digital assets. However, this is not only about this: German officials intend to regulate all "electronic securities, including the issue of cryptocurrency tokens." The document states that the administration of the new sphere will be guided by the principle of “neutrality” in relation to the technology of the distributed registry itself , that is, the authorities do not intend to make value judgments regarding…
Author: BlockchainJournal
On March 1, after a significant delay , the long-awaited update of the ethereum called Constantinople was launched , which, in addition to improving the mining efficiency of Ethereum , also reduced the reward for blocks from 3 to 2 ethers (ETH). Activation of "Bombs complexity" Ethereum currently relies on a network in which many miners are involved in verifying transactions on the ETH blockchain. However, in future, ethereum is preparing for a transition from the current mining model called Proof-of-Work to Proof-of-Stake, which implies the abandonment of miner devices. To keep miners from refusing to support the network, a…
The outstanding British historian and author of the book “The Rise of Money”, Niall Ferguson, rejected the pessimistic statements that he had previously made regarding Bitcoin and DLT (distributed ledger technology). Speaking with a keynote speech on the first day of the Australian Business Finance Summit last week, Ferguson said he was “very wrong” when he doubted potential applications for cryptocurrency and blockchain technology. Citing previous statements in which he predicted that virtual currencies "would be a complete misconception," Ferguson said that "it was a mistake to think that there was no … use of a form of currency…
The Citowise project, known as the developer of a cryptographic wallet, announced the launch of the Citowise Corporate platform, through which anyone can not only legally buy a company for cryptocurrency, but also get a PSP bank account for activities. This is stated in the project blog. ? Buy ready-made company with […]
AngeloBTC is back, at least for a while. For those who are a little off topic, Angelo is considered to be a respected bitcoin trader who has formed assets from thousands of BTC . At a certain point, against the background of the 2017 2017 bullish run, they were valued at tens of millions. At a favorable time, his Twitter activity was quite high, for the second half of 2018 and the bear market, he published only six tweets. The latter was published on November 27, 2018, when he jokingly filed a petition for an unauthorized market decline. Today, the…
Buenos Aires liked the idea of co-financing blockchain startups. Binance Crypto Exchange in the face of the research and strategic division of Binance Labs announced that every startup that supports Binance Labs or the organization LatamEx will also receive funding from the state treasury of Argentina for up to 50 thousand dollars. In particular, we are talking about the fact that the Ministry of Industry and Labor of the country intends to finance in this way up to ten projects over the next four years. It is worth noting that due to the devaluation of the Argentine peso, which was…
On 8 March, Colorado Governor Jared Polis signed the Law on Digital Tokens , which excludes certain cryptocurrencies from the requirements of securities laws and opens up possibilities for the functioning of fintech companies without the need to comply with a number of registration requirements. Colorado lawmakers submitted draft law SB19-023 earlier this year to eliminate regulatory uncertainty in the cryptocurrency space. In accordance with the new law, satisfying certain criteria digital tokens can be used to transfer values through the blockchain and will not be recognized as securities or otherwise regulated by legal acts created to apply to completely…
In an article published in Forbes, analyst Billy Bambro said that the 4th largest market capitalization of the cryptocurrency Litecoin (LTC) will outpace XRP by the end of the year and take 3rd place. Despite the fact that cryptocurrency prices are still at a low level, LTC has almost doubled its value since the beginning of the year. At the time of writing, the coin is trading at $ 57, which is above its lowest minimum in December 2018 – $ 23. Bambro believes LTC pricing is a response to the active efforts of the Litecoin Foundation and developers to…
Digital Delphi analysts have discovered that over 80% of all Ethereum coins are stored at 7,542 addresses. On each of them more than 1000 ETH are placed. 0 / We're excited to release our “Entering The Ethereum 'report. Read it in full here! https://t.co/14Dg1vWKzz – Delphi Digital (@Delphi_Digital) March 7, 2019 So, 6490 addresses store from 1000 ETH to 10 […]
The first real estate transaction on the blockchain was successfully completed in Switzerland. The feat was achieved by Blockimmo Ltd, a blockchain proprietary transaction platform, in collaboration with two other companies. The blockchain real estate transaction worth 3 million Swiss francs (Swiss francs approximately $ 2.98 million) was conducted by Elea Labs Ltd, Swiss Crypto Tokens Ltd and Blockimmo for a transaction consisting of a restaurant and 18 apartments. In the form of tokens, the real value of the assets of the object is now displayed in digital form in the Ethereum blockchain (ETH) . To avoid the risks associated…
