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US SEC Lists Priorities for Crypto Examination in 2020

US SEC Lists Priorities for Crypto Examination in 2020

The SEC’s Office of Compliance Inspections and Examinations (OCIE) has published a list of its 2020 Examination Priorities and cites ongoing risks surrounding digital assets and their transfer agents for US retail investors.

US House of Representatives Passes Blockchain Innovation Act On to the Senate

US House of Representatives Passes Blockchain Innovation Act On to the Senate

Two bills introduced by Rep Darren Soto—the Digital Taxonomy Act and the Blockchain Innovation Act—have passed the Lower House and are on their way to the Senate.

SAP and GS1 to Establish Blockchain Prototype to Enhance Road Safety

SAP and GS1 to Establish Blockchain Prototype to Enhance Road Safety

SAP and GS1 have created a blockchain prototype intended at the digitization of tire retread activities for better road safety. Notably, the blockchain network deployed will be instrumental in tracking tires’ life-cycle.

China Creates New Regulatory Authority for Blockchain Products and Digital Payments

China Creates New Regulatory Authority for Blockchain Products and Digital Payments

Earlier this month, China's President Xi Jinping made announcements on blockchain prompting banks to begin investing in the industry. In line with this, it is reported the next direction will be a new digital currency for citizens in China to use.

Blockchain-Based Tenancy Platform via REIQ-Igloo Collaboration in Australia

Blockchain-Based Tenancy Platform via REIQ-Igloo Collaboration in Australia

Real Estate Institute of Queensland (REIQ) has partnered with an Australian technology firm, Igloo in setting up a blockchain-based tenancy platform that will propel productivity and efficiency in Queensland's real estate sector.

South Korea’s Jeju Island Leverages Blockchain to Curb Depleted Electric Vehicle Batteries

South Korea’s Jeju Island Leverages Blockchain to Curb Depleted Electric Vehicle Batteries

Jeju Island’s government representatives have revealed that a blockchain-powered electric vehicle waste-battery distribution management system has been implemented based on a multi-year support. It will track the history of receipts of waste-batteries acquired at the Jeju Technopark Electric Vehicle Battery Industrialization Center that opened in June 2019.

UK’s Financial Regulator Seeks to Hire Crypto Specialist to Spearhead Digital Asset Regulations

UK’s Financial Regulator Seeks to Hire Crypto Specialist to Spearhead Digital Asset Regulations

UK’s financial regulator has posted a job listing for a potential candidate with strong crypto knowledge. The recruitment could be an indication that the agency is set to provide higher degree of regulatory scrutiny of digital assets and possible abuses.

King’s College Report: Blockchain Could be Pivotal in Nuclear Disarmament

King’s College Report: Blockchain Could be Pivotal in Nuclear Disarmament

Through its new policy report, King’s College London discloses that blockchain technology could be pivotal in dismantling nuclear warheads reliably, securely, and safely.

World Sustainability Organization Adopts Blockchain-Based Virtual Audits to Curb COVID-19 Spread

World Sustainability Organization Adopts Blockchain-Based Virtual Audits to Curb COVID-19 Spread

With coronavirus (COVID-19) prevention measures necessitating self-isolation and social distancing, Friend of the Sea (FOS), a World Sustainability Organization’s project for seafood certification, has embraced blockchain-enabled virtual audits to mitigate the expansion of this pandemic. As a result, FOS has eradicated onsite scrutinies because safety is of the essence during these trying times.

Bitcoin Advocate Cynthia Lummis Wins US Senate Seat in Wyoming State

Bitcoin Advocate Cynthia Lummis Wins US Senate Seat in Wyoming State

Cynthia Lummis is elected to serve in the senate for the state of Wyoming. She is a Bitcoin advocate who wants to develop an “American First” agenda and cut the national debt.

Thai Government Announces Blockchain Technology Adoption in Finance Agencies to Enhance Work Efficiency

Thai Government Announces Blockchain Technology Adoption in Finance Agencies to Enhance Work Efficiency

The Thai government has remained visible as one of the leading governments committed to adopting blockchain technology. Many innovations concerning blockchain use cases can be learned from the government.

OKEx to Shut Down Its Crypto Business Operations in South Korea by April

OKEx to Shut Down Its Crypto Business Operations in South Korea by April

OKEX intends to shut down its crypto branch in South Korea. According to sources familiar with the talks, the move is attributed to new anti-money laundering regulations in the country.

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