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‘Big Four’ Firm EY Acquires Crypto-Assets Tax Tool to Audit Blockchains
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‘Big Four’ Firm EY Acquires Crypto-Assets Tax Tool to Audit Blockchains

As it seeks to expand its blockchain-related services and capabilities across the globe, accounting giant Ernst & Young has acquired crypto-related technology assets developed by the San Francisco, California-based Elevated Consciousness. This includes the ...
Mining Giant Bitmain Offers New Policy to Boost Its Transparency
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Mining Giant Bitmain Offers New Policy to Boost Its Transparency

Chinese mining company Bitmain has announced it is exploring new policies that will boost the company’s transparency and communication with the cryptocurrency community. In a company statement, Bitmain said, “We believe that communities served by Bitmain an...
Asset Manager Bitwise Files for a Top-10 Cryptocurrency Exchange Traded Fund
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Asset Manager Bitwise Files for a Top-10 Cryptocurrency Exchange Traded Fund

Bitwise, a prominent cryptocurrency index fund, has filed with the U.S. Securities and Exchange Commission (SEC) to offer a cryptocurrency-based exchange-traded fund (ETF). In a press release issued on July 24th, the company stated that they intend to creat...
Institutional Investors Swap Bitcoin Futures for Physical BTC in Wall Street First
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Institutional Investors Swap Bitcoin Futures for Physical BTC in Wall Street First

Bitcoin took a significant step toward becoming a mainstream financial instrument this week, as two institutional investors completed the first-ever exchange for physical (EFP) transaction involving bitcoin futures. The CME EFP Bitcoin transaction, facilita...
Craig Wright, ViaBTC Founder Spar over 60-Second Bitcoin Cash Block Time
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Craig Wright, ViaBTC Founder Spar over 60-Second Bitcoin Cash Block Time

Two of Bitcoin Cash’s leading personalities are sparring over a preliminary proposal that would reduce the amount of time between BCH blocks by a factor of 10. Writing on Twitter, Haipo Yang, CEO of mining pool ViaBTC and cryptocurrency exchange CoinEX, sai...
Bank of England to Open New Payment System to Blockchain Users
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Bank of England to Open New Payment System to Blockchain Users

The Bank of England is executing a complete overhaul of its interbank payment system, and officials have now confirmed that it will open the network to fintech firms that process transactions across a blockchain network. The British central bank on Monday p...
South Korean Mobile Telecom Giant Launches 2,500 Txns/s Commercial Blockchain
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South Korean Mobile Telecom Giant Launches 2,500 Txns/s Commercial Blockchain

KT Corp may only be the second-biggest mobile carrier in South Korea, but the telecommunications firm is reportedly the first in the world to launch a blockchain-based commercial network. According to The Korea Herald, KT Corp’s blockchain network will init...
Singapore Airlines Launches Blockchain Digital Wallet ‘KrisPay’ for Travelers
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Singapore Airlines Launches Blockchain Digital Wallet ‘KrisPay’ for Travelers

Singapore Airlines, one of the world’s leading and best-rated airline operators, has launched KrisPay – a digital blockchain wallet that allows frequent fliers to convert airmiles into digital currency. Announced on Tuesday, the digital wallet app will be a...
Chinese Authorities to Shut Down ‘Illegal’ Bitcoin Mining in Autonomous Region
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Chinese Authorities to Shut Down ‘Illegal’ Bitcoin Mining in Autonomous Region

Xinjiang Uyghur, an autonomous region in northwest China, has warned local Bitcoin mining enterprises to close their operations before August 30, 2018. Chinese news outlet Jinse published the notice posted by the Xinjiang Economic and Information Commission...
China’s ‘Dream City’ Taps Ethereum Dev. Studio ConsenSys for Blockchain Push
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China’s ‘Dream City’ Taps Ethereum Dev. Studio ConsenSys for Blockchain Push

Government officials in Xiongan New Area have announced a partnership with Ethereum development studio ConsenSys to develop blockchain initiatives for China’s “dream city.” According to the South China Morning Post, the Xiongan government has signed a memor...