According to a report by Forkast Insights, the research arm of Asia-based Forkast, blockchain is a rapidly maturing technology in China, â€œfar beyond the experimental stage.â€� Forkast Insights, the research arm of Asia-based Forkast, took an in-depth, comprehensive look at how blockchain technology is integrated in China.On Dec. 5, Forkast Insights presented its first report on how blockchain is being applied by the Chinese…Read More
The Ukrainian government approves the final version of a money laundering law that will handle virtual assets and virtual asset service providers per FATF guidelines. The Ukranian government has approved the final version of a money laundering law that will handle virtual assets and virtual asset service providers (VASPs) per FATF guidelines.On Dec. 6, the Rada, Ukraine’s legislative body, published a final version of…Read More
Brazilâ€™s tax authority has implemented a new tax code that fines taxpayers who fail to declare their Bitcoin and crypto transactions. Brazil’s tax agency, the Department of Federal Revenue (RFB), published a new tax code that specifies fines for taxpayers who fail to declare their Bitcoin (BTC) and cryptocurrency transactions.On Dec. 6, Cointelegraph Brasil reported that the new crypto tax code is a further…Read More
Blockchain takes to the skies as aerospace companies begin to make use of blockchain and 3D printing to streamline their supply chains. Blockchain, like many other emerging technologies, is enthusiastically touted as a solution to many of the world’s problems. Perhaps because of its relation to cryptocurrency or the narrative prophecies that surround them both, blockchain draws both criticism and praise from a staggering…Read More
Space-as-a-service-focused blockchain startup SpaceChain has sent its hardware wallet technology to the International Space Station. Space-as-a-service-focused blockchain startup SpaceChain has sent its hardware wallet technology to the International Space Station (ISS).As part of the CRS-19 commercial resupply service mission, a SpaceX Falcon 9 rocket is delivering SpaceChain’s hardware wallet technology to the ISS, according to a Dec. 6 press release. The move purportedly marks…Read More
A rally could be on the cards as Bitcoin continues to lead the market and a few altcoins attempt to form a higher low. In its “Imagine 2030” report, Deutsche Bank strategist Jim Reid forecast that by 2030, digital currencies could replace cash. Reid said that in order for mainstream integration to occur, digital currencies will have to convince regulators that they are safe…Read More
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