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Major South Korean City to Build Blockchain-Enabled Virtual Power Plant

December 10, 2018

South Korea’s government will spend $3.5 million to set up a blockchain-enabled virtual plant in the city of Busan

UK Parliament Member Suggests Making Bitcoin a Payment Option for Local Taxation System

December 10, 2018

Paying local authorities and utility providers in Bitcoin should be possible, according to a UK Parliament member

Financial Action Task Force Urges UK to Improve AML Activities in Cryptocurrency Sector

December 10, 2018

A report on the U.K.’s money laundering and terrorist financing strategy highlights the need to address the “emerging” crypto sector

PayPal Launches Blockchain-Based Innovation Reward System for Employees

December 10, 2018

PayPal’s innovation lab based in San Jose has launched a blockchain-based token program that rewards innovation

Facebook Seeks Blockchain Talent for Five New Company Roles

December 10, 2018

Facebook has listed five new blockchain-related jobs on its careers page within the past three weeks, as the social media giant continues to explore the technology’s applications

Indian Government Panel Suggests Crypto Dealings Should Be Illegal, Local Sources Say

December 10, 2018

Regulation making cryptocurrencies illegal has reportedly been suggested to the Reserve Bank of India by an Indian government panel

Bitcoin Volatility More Than Triples on the Month Amid Falling Crypto Prices

December 10, 2018

According to the Bitcoin Volatility Index as of yesterday, Dec. 9, volatility levels on the BTC-USD market have risen three-fold on the month

Bitmain Closes Israeli Blockchain Development Center, Citing Crypto Market Conditions

December 10, 2018

Chinese mining giant Bitmain has reportedly closed its Israeli development center and fired 23 local employees