Thailand and its neighboring Southeast Asian countries are becoming popular destinations for blockchain projects and cryptocurrency investors. Thailand's government has been very proactive in regulating the industry and been cooperative with local projects to ensure they meet all regulatory requirements. ICO projects have been targeting Thailand as a hub to finding investors and raising capital.… Continue reading Thailand becomes hot spot for blockchain projects
(Source: By Andrés Coronado, Incrementum AG) Against all odds, cryptocurrencies have increased their market capitalization from nothing 10 years ago to over $214 billion today. However, investor concerns over government regulations are looming. Government regulation is focusing on two broad aspects of cryptocurrencies: electricity use and traceability. For example, China is focusing on electricity use… Continue reading China’s Cryptocurrency Ban a Gift to Friendlier Jurisdictions
(Source: China Daily) China will work to create a better environment to facilitate the healthy development of the blockchain industry, the Ministry of Industry and Information Technology said on Thursday. The ministry said that the blockachain technology is now witnessing growing applications in areas including finance, credit reporting, smart manufacturing, and supply-chain management. It will… Continue reading China’s Ministry of Industry and Information Technology on the latest development of blockchain technology
Big news is coming out of South Korea, who is creating a new financial bureau to focus on financial innovations such as cryptocurrency. The new restructured organization will provide greater access and more resources to review blockchain projects and ICOs. South Korea has been very proactive with protecting their investors and plans to also cooperate… Continue reading South Korea creates new financial regulatory bureau & plans to cooperate with China
There have been rumors about the Chinese government's goal to create its own cryptocurrency. More discussion came after the People's Bank of China revealed they now have over 41 patents filed over the past 12 months. These patents would push for China's Central Bank to have its own cryptocurrency and digital wallet. The transparency of… Continue reading Is China preparing for its own Currency?
(Source: DailyHodl.com) Bitcoin is one of the fastest growing and most secure types of currencies in the world. Sitting atop a public ledger blockchain, the data that makes up bitcoin is not owned by any one company or nation. The code is open-source, meaning it can be modified by any person that has access to… Continue reading Bitcoin ATMs in Australia Double in the First Half of 2018