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Tag Archives: Seeks

Bitcoin: War on bitcoin? Govt panel seeks crackdown on crypto-currency dealers in India

NEW DELHI: To curb the use of crypto-currencies in India, a government panel is said to have advised closing crypto-currency dealers in India, ETNow reported on Thursday quoting agencies. The decision has come at a time when crypto-currency bitcoin has gained more currency, with US-based derivatives marketplace operator CME Group …

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Sony Seeks Blockchain Patent for User Authentication System

Japanese tech conglomerate Sony may be looking to apply blockchain to a proposed user login system, according to a new patent application. Released by the U.S. Patent and Trademark Office on Oct. 26, the document outlines how the electronics maker might use two different blockchain platforms in conjunction with each …

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Vietnam’s Central Bank Seeks to Ban Bitcoin Activities

Regulation The State Bank of Vietnam has developed a legal framework for digital currencies. The bank has submitted its proposals to its government, seeking to ban activities relating to bitcoin including issuance, distribution, and use. Bitcoin users may be subject to criminal prosecution and fined up to …

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Perks of a Follower? HKEX Seeks Second-Mover Advantage on Blockchain

Thanks to blockchain, the world’s stock exchanges are now being reimagined from the ground up. With fees charged by countless brokers and other middlemen, moving transactions to a shared, distributed ledger has been touted as a way to free up money to be invested in other opportunities. But even so, …

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Cisco Seeks to Protect Blockchain System for IoT Device Tracking

Tech conglomerate Cisco Systems has proposed a blockchain system to track Internet of Things (IoT) devices. In an application released by the U.S. Patent and Trademark Office on Thursday, the technology giant outlined a blockchain platform that can identify different connected devices, monitor their activity and evaluate how trustworthy the device …

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Bank of America Seeks Patent for Blockchain Processing System

Bank of America is exploring how it might use a blockchain to better track the processing of file transfers in real time. The proposed system, outlined in a pair of patent applications recently released by the US Patent and Trademark Office, detail a system by which a blockchain could be combined with communications …

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US State Department Seeks Blockchain Boost Amid $10 Billion Reboot

The U.S. agency that oversees foreign affairs is looking seriously at blockchain. That’s according to John Sullivan, U.S. Deputy Secretary of State, who encouraged the State Department and its private sector partners to embrace the technology as a way to “advance diplomacy and development objectives” at the Blockchain@State forum held Tuesday in Washington, D.C.  …

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Hong Kong Exchange Seeks to Capitalize Upon Chinese Cryptocurrency Crackdown

Markets and Prices Hong Kong-based bitcoin exchange Tidebit is actively seeking to attract Chinese investors who have been forced from China’s markets after the central government’s recent cryptocurrency crackdown. For Tidebit, the crackdown comprises a once-in-a-lifetime opportunity to expand its operations by capitalizing upon the exodus of …

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Russian Government Seeks Cryptocurrency Researchers, Will Pay 2.5 Million Rubles

News The Russian State Duma is holding a tender for a detailed study on the subject of cryptocurrency, blockchain technology, and initial coin offerings (ICOs). The government will pay the winner 2.5 million rubles out of the federal budget. The deadline for submissions is October 10. Also …

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Bitcoin Foundation seeks legal protection from US currency regulation

Llew Claasen, Executive Director of The Bitcoin Foundation, has announced that the organisation has retained legal counsel to advise in its effort to fight against increasing federal and state regulation in the US. The foundation believes that increases in regulation are attempts to “control and stifle the adoption and use of so-called ‘virtual currencies’ such …

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