Europe & World News & Bitcoin
Bitcoin
While the focus may be on the U.S. of late, cryptocurrency tax issues are becoming a global problem. India, for example, has responded by sending tax notices to crypto traders and investors after a survey found $3.5 billion in transactions may have been performed by citizens over the past 17 months. The country’s income tax …
Michael J. Casey is chairman of CoinDesk’s advisory board and a senior advisor of blockchain research at MIT’s Digital Currency Initiative. Even before the questions began, one early image from Mark Zuckerberg’s Congressional appearance confirmed that the hearing would focus on all the wrong things. The crush of photographers clamoring for a shot of the …
Baidu, China’s internet search giant, has launched a blockchain-based stock photo service in bid to protect image intellectual property in China. The service, called Totem, went online Wednesday and uses a blockchain to timestamp submissions of each original photograph from a user with a real-name identity and store data associated with the images on a …
Read moreSearch Giant Baidu Unveils Blockchain Stock Photo Platform
Financial institutions in Canada have largely embraced blockchain technology, with most major banks, including the central Bank of Canada, conducting pilot projects or at least research into the uses of blockchain technology in banking. In fact, the Bank of Canada has gained a reputation for blockchain-friendliness with its experiments with mock digital currencies and payment …
Read moreATB Financial Is Reaching Out to Blockchain Startups and ICOs
Ether Capital is positioning itself to be the first Ethereum-focused publicly traded company. Having already raised $45 million through a private placement, the Toronto-based firm is now close to finalizing the reverse takeover (RTO) of a Vancouver shell company by mid-April. “Ether Capital is a technology company focused on building the central business and investment …
Read moreTaking Ether Public: An Interview with Ether Capital CEO Michael Conn
On April 10, 2018, 22 European countries joined forces to cooperate on blockchain regulation and education. The European Blockchain Partnership “will be a vehicle for cooperation amongst Member States to exchange experience and expertise in technical and regulatory fields and prepare for the launch of EU-wide blockchain applications across the Digital Single Market for the …
Read more22 European Nations Come Together with Blockchain Partnership
The second quarter of 2018 may bring some respite for beleaguered bitcoin (BTC) bulls. The world’s largest cryptocurrency by market valuation seems to have found a bottom around the $6,500 mark, having dropped 50 percent in the first quarter – notably, the worst Q1 performance on record. Overall, its safe to say bulls have been …
Prices for the largest cryptocurrencies by market capitalization have risen during Wednesday’s trading session. According to information from crypto data site OnChainFX, the top ten currencies are all up over the past 24 hours. EOS is up by the most notable degree, having climbed 18.27% in the past day, according to market data. While it’s …
Investors in two allegedly fraudulent initial coin offerings (ICOs) descended on the offices of the company behind both of them this past weekend. As much as $660 million may have been lost as a result of the schemes – Ifan and Pincoin – though these figures could not independently be verified as of press time. …
Read moreVietnam Investigates ICO Fraud After $660 Million in Losses Reported
Several European Union agencies will collaborate to facilitate an EU developer event – what they’re calling a “blockathon” – in June in a bid to explore applications of the tech for intellectual property rights enforcement. The European Commission has partnered with the European Union Intellectual Property Office and its Observatory on Infringements of Intellectual Property …
Read moreEU Agencies to Offer €100K Prize at Blockchain Hackathon