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IOTA's Mat Yarger Hints at the Jaguar Land Rover Partnership

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by
Wayne Jones
on
January 19, 2021 Altcoins
A Twitter user recently asked IOTA’s Mat Yarger about the Jaguar Land Rover partnership. Yarger, Head of Mobility and Automotive at the IOTA Foundation, said that the collaboration is still very active. He added that there would be some significant updates within the next two quarters, and he is pretty excited about it.
What to Expect on the Alliance
In the third quarter of 2020, the public distributed ledger (DLT) IOTA announced the IOTA Access‘s launch, an open-source framework that builds access control systems. An example is a car owner’s ability to enable someone to access and use their car remotely.

Austria , Berlin , Germany , Romania , Toni-barck , Dominik-schiener , Stmicroelectronics , Economic-affairs , Austria-federal-ministry-for-digital , Jaguar-land-rover-partnership , Yarger-hints , Wayne-jones

Netherlands: Bitstamp Users Must Now Undergo KYC to Withdraw to External Wallets

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by
Ogwu Osaemezu Emmanuel
on
January 19, 2021 Regulation
Bitstamp crypto exchange has now made it mandatory for its users who want to withdraw funds to external wallets to first undergo a know-your-customer procedure. The firm says the new measure is in a bid to comply with Netherlands anti-money laundering regulations.
Bitstamp Ups its KYC Game
While cryptocurrency big whales and enthusiasts in the United States are still battling against the idea of the outgoing Treasury Secretary Steve Mnuchin and his team to introduce KYC procedures for self-hosted crypto wallets (non-custodial wallets), the draconian regulation is already live in the Netherlands.

United-states , Netherlands , American , Dutch , Scott-perryr-penn , Tom-emmerr-minn , Steve-mnuchin , Ogwu-osaemezu-emmanuel , Twitter , Nederlandsche-bank , Bitstamp-users-must-now-undergo , External-wallets

Ecuadorian Presidential Candidate Floats National Cryptocurrency Idea

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by
Aisshwarya Tiwari
on
January 18, 2021 Regulation
Ecuadorian presidential candidate wants the country to join in the CBDC bandwagon.
Making Ecuador Crypto-Friendly
According to a recent report by
Decrypt, Ecuadorian presidential candidate for 2021 and the current president of the Ecuadorian-Chilean Chamber of Mining, Geovanni Andrade, recently stated that he has plans to develop a national cryptocurrency to enable transactions within Ecuador.
The presidential hopeful, in a recent interview with the digital newspaper
Primicias shed light on his government plan, stating that a national cryptocurrency would make internal transactions easier and facilitate their audit.
In addition, Andrade said the national cryptocurrency project is an essential part of his vision for Ecuador.

Japan , Netherlands , United-kingdom , China , Ecuador , Sweden , Chile , South-korea , Ukraine , Chilean , Ukrainian , Geovanni-andrade

Russia: Palladium Producer Nornickel Joins IBM's Responsible Sourcing Blockchain Network

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by
Aisshwarya Tiwari
on
January 18, 2021 Blockchain
The world’s largest producer of palladium is the latest to join the Responsible Sourcing Blockchain Network (RSBN).
Norilsk Nickel Joins RSBN
According to a report by
Ledger Insights on January 16, Russian nickel and palladium mining and smelting company Nornickel has now officially joined the RSBN with aim to tap the solution for nickel and cobalt.
For the uninitiated, RSBN allows its member entities to share data with other selected members and gives them a permanent, non-disputable supply chain record of mineral production to trace and verify responsible sourcing practices in mining.

Finland , Norilsk , Krasnoyarskiy-kray , Russia , Russian , Ogwu-osaemezu-emmanuel , Volvo , Blockchain-network , Ibm , Linux-foundation-hyperledger-fabric , Volkswagen , Organization-for-economic-cooperation

Enjin (ENJ) Allies with Miss Bitcoin to Launch the First NFT Project in Japan

Gracone Inc, an educational platform highlighting the use of blockchain and non-fungible tokens, particularly in charity, is partnering with Enjin to launch the first Japanese NFT charity project via Kizuna, a hub that aims to change the society through sustainable development goals by leveraging on the blockchain, an announcement on…

Osaka , Japan , Japanese , Mai-fujimoto , Noriaki-imai , Sanpo-yoshi , Witek-radomski , Maxim-blagov , Gracone-inc , Miss-bitcoin , Dalmas-ngetich , Cryptocurrency-news

Popular K-Pop Girl Band To Mint Digital Collectibles on Polkadot

On Jan 16, 2020, the parent company of K-pop sensation girl band Mamamoo revealed that it would release non-fungible tokens (NFT) on Hong Kong-based exchange Xeno. K-pop Merch Going Digital The move by RBW (Rainbowbridge World), a South Korean entertainment company that represents top K-pop bands, will enable music fans…

Japan , Hong-kong , South-korea , South-korean , Jae-woong-wang , Hong-kong-based , Rainbowbridge-world , Woong-wang , East-asian , Anthony-di-franco , Cryptocurrency-news

Arxnovum Files Bitcoin ETF in Canada With Gemini as Sub-Custodian

Cryptocurrency exchange and custodian Gemini has plans to sub-custody a Bitcoin ETF in Canada, which was filed on Jan 11. The filing was done by Arxnovum, a Canadian investment firm, and if approved, will be listed on the Toronto Stock Exchange under the ticker “BIT.U.” Bitcoin ETF Still Needs to…

Canada , Toronto , Ontario , Canadian , Shaun-cumby , York-state-department-of-financial-service , Iq-corp , Canada-ontario-securities-commission , Toronto-stock-exchange , Arxnovum-files-bitcoin , Canada-with-gemini , Evan-ezquer

Europe's Top Real Estate Company Taps Stellar Blockchain To Issue €20 Million Bond

Vonovia, a top real estate company in Europe that’s part of the DAX 30, is issuing a €20 million digital bond on the Stellar Blockchain in partnership with Firstwire and Bitbond, a press release on Jan 13 reveals. It comes less than three weeks after the German cabinet made into…

Germany , Ukraine , German , Stellar-network , Stellar-development-foundation , Ukraine-ministry-of-digital-transformation , Dalmas-ngetich , Stellar-blockchain , Chief-financial-officer , Digital-transformation , Cryptocurrency-news

Kentucky Wants to Be a 'National leader' in Crypto Mining, Offers Tax Exemptions

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by
Evan Ezquer
on
January 13, 2021 Regulation
On Jan 8, two legislators in Kentucky have recently submitted a bill that aims to make the US state a very attractive option for cryptocurrency miners in the form of tax breaks.
Kentucky Crypto Mining Bill
The proposal was submitted to the General Assembly, which would see Bitcoin and other cryptocurrency miners enjoy some tax exemptions. The legislators of the bill are Republican lawmakers, Steven Rudy and Chris Freeland, who referred to the bill as:
“AN Act relating to the taxation of the commercial mining of cryptocurrency.”
The thirteen-page document would see miners enjoy 6% sales taxes and 6% excise tax exemptions on tangible personal mining property being directly used, as well as electricity being consumed, for the purpose of mining cryptocurrency commercially. Additional leverage would also be added for these miners especially when it comes to power and energy use.

China , Norway , Sweden , Kentucky , United-states , Steven-rudy , Chris-freeland , Philip-salter , Bloomberg , Kentucky-wants-to-bea-national , Kentucky-wants , Crypto-mining

ECB President Calls for Unified Global Regulation of Bitcoin

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by
Anthonia Isichei
on
January 13, 2021 Bitcoin
Christine Lagarde, the President of the European Central Bank (ECB), has said that there was a need for global regulation of bitcoin, as a unified cryptocurrency regulation would serve as a better alternative to cover any loopholes.
Global-Regulation Necessary for Bitcoin
Speaking in an interview at the Reuters Next conference on Wednesday (Jan.13, 2021), the ECB president noted that bitcoin has been used for illegal activities such as money laundering. Lagarde also made a comment on bitcoin’s price volatility, calling the number one cryptocurrency a speculative asset.
In terms of the regulation of bitcoin and other crypto assets, Lagarde said that the effort should be global. An excerpt from the interview reads:

United-kingdom , Pakistan , Ukraine , Ukrainian , Pakistani , Christine-lagarde , International-monetary-fund , European-central-bank , United-kingdom-financial-conduct-authority , Ukrainian-parliament , Us-financial-crimes-enforcement-network-fin , Reuters