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U.S. Customs To Trial Blockchain System For Shipping

This month’s report from the U.S. Commercial Customs Operations Advisory Committee (COAC) reveals that the U.S. government is working on blockchain projects for international trade. One of these projects, on intellectual property rights, is slated for live testing this month.The COAC includes chairs from FedEx, Walmart, and Expeditors International. Walmart’s representative, Barry Baxter, is a […]


Blockchain Firm Settles With SEC Over Unregistered $6.3 Million SAFT

A healthcare-focused blockchain firm has settled charges with the U.S. Securities and Exchange Commission (SEC) over its 2017 ICO.The SEC said on Monday that New England-based SimplyVital Health, Inc. raised around $6.3 million in ether (ETH) via a pre-sale of its HLTH tokens to fund a touted “healthcare-related blockchain ecosystem” called Health Nexus.The pre-sale was […]


Cryptocurrency Derivatives Trading 101: Everything You Need to Know

Cryptocurrency trading is simply the buying, selling, and exchange of crypto assets in the hopes of profiting from the price volatility and arbitrage opportunities in the market. The fact that cryptocurrencies deliver exponential gains (during bull runs), which dwarfs the performance of other assets such as stocks is one of the reasons cryptocurrency trading is […]


Cryptocurrency Regulation Necessary to Keep Firms in US, Says Circle CEO

The CEO of cryptocurrency trading and investment firm Circle thinks the United States will create appropriate regulation as more companies move overseas.Speaking to Bloomberg in an interview on July 31, Jeremy Allaire highlighted ongoing tendencies for crypto market participants to move abroad as a factor motivating future regulatory policy in Washington. Allaire’s comments come in the […]


Open Letter From Ripple Asks US Gov’t For Fair Crypto Regulation

Blockchain payment network Ripple signed an open letter to United States regulators on July 28 ahead of fresh hearings on cryptocurrency regulation this week. In the wake of mixed feelings from Congress on both Facebook’s Libra digital currency and crypto more broadly, Ripple CEO Brad Garlinghouse appealed to Washington to be lenient in its future approach.The […]


The IRS Is Warning Thousands Of Cryptocurrency Holders To Pay Their Taxes

If you own bitcoin or other cryptocurrencies, you might want to check your mailbox.The Internal Revenue Service is in the process of sending letters to U.S. citizens who own virtual currency and potentially failed to pay the necessary taxes and to those who improperly reported taxes on digital assets last year, the agency announced Friday.“Taxpayers […]


Firefox Will Block Sneaky Cryptocurrency And Tracking Software

Firefox is getting the ability to cut off two ugly parts of the web: software that uses your computer to mine cryptocurrency — not for your benefit — and that tracks you even when you don’t agree to be tracked.Firefox Nightly and Beta — two test versions of the open-source browser — have an option […]


Could Cryptocurrency Prevent Accounting Frauds?

Cryptocurrencies like Bitcoin have seized the world’s attention time and time again by dismissing their leading critics and continuing to power on despite predictions that they would tumble.Despite the enduring nature of these digital tokens, much of the buzz that once surrounded their impressive rise to prominence has died away.This is an unfortunate development, especially […]


Thai SEC Bans Three Cryptocurrencies from ICO Investment, Trading Pairs

Thailand’s financial markets regulator has banned several cryptocurrencies as a means to invest in ICOs and as a base in trading pairs.The country’s Securities and Exchange Commission (SEC) issued rules last July, mandating that any entity seeking to conduct a token sale must first file for an application for its approval. At the time, the […]

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