GoChain (GO), a blockchain platform that claims 1,300 transactions per second, announced this week that it has partnered with Chainlink (LINK), a decentralized oracle network, to leverage the project’s real-world data for its network. Excited that @go_chain is joining the growing group of projects using Chainlink to connect real-word data into their blockchains. https://t.co/Svhc05ROhR — Chainlink […]
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Bitpay and Refundo Now Provide Tax Return Payouts in BTC
On April 30, the global cryptocurrency payment processing firm Bitpay announced its partnership with the tax-related financial products and services provider Refundo. The collaboration will give U.S. residents the ability to receive all or a portion of their federal and state tax refunds in crypto.
Also read: How to Create a Bitcoin Cash Wallet With Cashaddress
Federal and State Tax Refunds Using Blockchain Payments
U.S. taxpayers now have the ability to get all or a portion of their federal and state tax refunds back in bitcoin core (BTC), according to the latest announcement from the Atlanta-based company Bitpay. The firm recently partnered with Refundo, a leading tax service provider founded in 2011. Refundo provides taxpayers with professional financial services alongside refunds, advances, and refund transfers.
Japan to Provide G20 With Solution for Crypto Regulation
Japan is preparing to share its experience regarding cryptocurrency regulation with finance ministers and central bank governors from other G20 countries at the upcoming summit which it will host in June. According to local media, Japanese regulators have a solution for crypto regulation to offer the G20 countries.
Also read: Indian Supreme Court Postpones Crypto Case at Government’s Request
Crypto Regulatory Manual
Japan is often known as one of the most crypto-advanced countries, having legalized cryptocurrency as a means of payment in April 2017. According to local news outlet Sankeibiz, Japanese regulators have created a handbook “that each [G20] country can use for regulations, such as measures to prevent the outflow of virtual currency.”
Huobi and Major Russian Bank to Provide Legal Help to the Crypto Industry
The recently established Russian subsidiary of global cryptocurrency exchange Huobi and Vnesheconombank, Russia’s state-owned development bank, are now partnering to offer crypto companies legal support and advice. The newly created “legal lab” will also represent blockchain businesses in court.
Also read: German Startup Devises Eco-Friendly Energy-Efficient Miners
Legal Lab to Assist Crypto Companies in Russian Courts
Huobi, which is currently the third largest digital asset trading platform by daily volume, opened its office in Russia on Nov. 12. The branch provides 24-hour online support and has a Russian-language call center. The Huobi Russia online exchange officially launched on Dec. 6.
Deal Box Engaged by Token Name Service, Inc. to Provide Capital Advisory Services
This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned
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US To Provide Regulatory Clarity On Crypto: Token Recovery In Sight?
According to a report released by Kate Rooney, a markets reporter at CNBC, two congressmen — Warren Davidson and Darren Soto — are preparing a bipartisan bill to exclude crypto from the country’s securities law. The bill, entitled “Token Taxonomy Act,” is set to be introduced to the House in the months to come in
The post US To Provide Regulatory Clarity On Crypto: Token Recovery In Sight? appeared first on CCN
Exclusive: TrueUSD Partners with Nexo to Provide Holders With Instant Loans on Cryptocurrency
In all the huff and shuffle surrounding the several recent stablecoin offerings, even the most dutiful reader might have overlooked TrueUSD (TUSD). However, December has turned out to be an eventful month for the stablecoin, as they today announced that they are the first which has successfully passed three separate security audits. This means that
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BitDeer Partners with BTC.com and AntPool to Provide World-Class Computing Power Sharing Service
This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned
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LCX Now Licensed to Provide Crypto Trading Services in Liechtenstein
Liechtenstein cryptocurrency exchange LCX has been granted a license to provide crypto trading services for utility and payment tokens. The exchange will be offering four main crypto services including a custody service and a fiat-to-crypto exchange in partnership with Binance.
Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations
A Regulated Exchange
LCX announced on Tuesday that it has been granted “a business license of the Liechtenstein Ministry of Economic Affairs to conduct its business in Liechtenstein (Gewerbebewilligung).”
An LCX representative told news.Bitcoin.com:
Paraguay to Provide Land for ‘Golden Goose’ Mining Project
Paraguay’s vice president has declared support for the “Golden Goose” project, which will see South Korea’s Blockchain Technology Foundation build five mining centers on state land. The foundation also plans to conduct what it describes as an “initial exchange offering” to facilitate investor participation in the project.
Also Read: Sweden Expects to Attract Norwegian Bitcoin Miners After Brutal Tax Hike
South Korean Group to Build Mining Centers
The Blockchain Technology Foundation, also known as the Commons Foundation, has entered into an agreement with Paraguay to construct what it claims will be a large mining hub. It said the government has provided five 10,000-square-meter plots of land to host five planned mining centers. The land is in close proximity to the massive Itaipu hydroelectric power plant.
Mauritius Regulator to Provide Licenses to Digital Asset Custodians
The authorities in the island nation of Mauritius plan to start issuing custodian licenses to companies holding digital assets on behalf of clients. The financial regulator said the existing licensing regime is not suited for that purpose, although licensees under the new rules will have to comply with similar requirements.
Also read: Abu Dhabi Exchange to Create Infrastructure for Crypto Assets
IRS Advised to Provide Better Guidance on Cryptocurrency Transactions
The Information Reporting Program Advisory Committee is a body which was established before the Internet was a major consumer network and is a result of federal government reorganization and, importantly, efforts to modernize and improve the IRS brought about by the Omnibus Budget Reconciliation Act of 1989. The committee periodically suggests actions the IRS needs
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RigoBlock Announces Token Sale to Provide Decentralized Asset Management For All
This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned
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Binance Launches Info 2.0 to Provide Third-Party Research on Cryptocurrencies
Binance, the world’s largest cryptocurrency exchange, recently announced the beta launch of Info 2.0, a learning portal designed to enable users to quickly learn about each project and the network and services it provides. “Announcing Binance Info 2.0” by @binance https://t.co/dyGpfazfXr — Binance Info (@Binance_Info) September 20, 2018 According to the announcement, Info 2.0 currently has […]
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Sun Exchange, Powerhive to provide cryptocurrency-funded energy to rural Africa
Worldwide solar micro-leasing marketplace Sun Exchange announced in a press release CoinReport received from Social Radius, Sun’s PR firm, a new enterprise in association with Powerhive, a rural mini-grid solutions provider that will put the crypto-economy to use in order to fast-track worldwide adv…
The post Sun Exchange, Powerhive to provide cryptocurrency-funded energy to rural Africa appeared first on CoinReport.
In Murky Digital Content Industry, Blockchain Startups Like Contentos Provide Clarity
The digital content space has a host of problems related to transparency, centralization, and hype, making it difficult for creators to deliver and receive both actual value to users and rightful revenue from platforms that distribute their content. Newly developed blockchain use cases in the industry are emerging to combat these problems.
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Digital Content Is a Mess
Blockchain and AI-Powered Drones Provide Farming Solutions in Emerging Economies
A coconut farmer in Papua New Guinea has used a drone powered by blockchain and artificial intelligence, and charged by renewable energy, to count his yield in a unique trial conducted in the Pacific island nation. The UK-based started Flyingcarpet went to Papue New Guinea’ capital city then travelled four hours to get to the small village of Kokopo to conduct this trial last year. Farming employs more people in developing nations than any other industry, yet innovation within the sector is lacking. Julien Bouteloup, an entrepreneur and blockchain technology developer with university degrees in electrical engineering and AI machine learning, came up with the idea for Flyingcarpet whilst travelling last year to more than 20 countries.
“Honest Coinmarketcap” Claims to Provide Accurate Cryptocurrency Data
In the last 24 hours, $ 7 billion worth of bitcoin (BTC) was traded globally. That’s according to data provided by Coinmarketcap, the industry’s go-to aggregator of cryptocurrency data. Not everyone agrees with that figure however. “Honest Coinmarketcap” is a new project that aims to set the record straight and do away with inflated trade volumes.
Also read: Study Finds $ 3B Worth of Faked Cryptocurrency Volumes and Wash Trades
Auctus Integrating Bancor ProtocolTM to Provide Continuous Liquidity for AUC Token Holders
Auctus, the world’s first blockchain based retirement plan platform, has entered a collaboration with Bancor to provide continuous liquidity for its token holders.
By integrating the Bancor ProtocolTM and joining the decentralized liquidity network, AUC tokens will be available in the Bancor Web App along with BNT (the Bancor Network Token
), STORM, OMG (OmiseGO), and a long list of partners using the Bancor Protocol. All the integrated tokens can be automatically converted to any other using MetaMask.
Auctus will activate a Token Relay with around 1% initially of its circulating token supply (exact percentage will depend on the ETH/USD rate and amount raised) within two weeks following the successful completion of the Token Sale.
Brave New Coin Partners with Empiricus to Provide Brazilians with Crypto Insights
Blockchain and cryptographic assets research company Brave New Coin has announced a partnership with Empiricus, one of the largest financial publishers in South America. Empiricus will leverage BNC’s market data to inform the region’s investors, academics, and crypto enthusiasts on macro and microeconomic movements, and cross-industry trends.
CEO of Brave New Coin, Fran Strajnar explained: “Recent data tells us Brazil is home to twice as many bitcoin investors than stock market investors — and that’s before we even consider other types of coins or crypto assets. As the second largest economy in the Americas and a bustling hub for entrepreneurs, enterprises, and investors, it’s imperative that accurate market data is available to inform decision-making and facilitate financial independence. BNC’s work with Empiricus is a major step towards our goal to provide globally-accessible data that can help anyone, anywhere better understand the crypto market.”