The Financial Conduct Authority (FCA), an autonomous financial watchdog in the U.K, has started consulting on guidance related to virtual currencies, as per official release. The financial regulatory body plans to provide companies with significant clarity and understanding associated with crypto operations to guarantee that these entities abide by regulations and protect users. The consultation is a reaction to several requests originating from both the financial industry and HM Treasury’s Crypto Taskforce seeking more guidance. Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/uk-fca-consults-on-cryptoasset-regulations/ |
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Nasdaq Blockchain Project Generates $20M in Series B Funding, Embraces Cryptos Nasdaq Venture has expressed the biggest interest in cryptocurrencies yet by investing around $20 million. The firm Symbiont Inc. just received $20 million from a series B funding round. Nasdaq Ventures made the round and this seems to be it’s another massive move towards the virtual currency market yet. This funding will expand the goals and targets of the blockchain technology project to develop a smart contracts frontier for several institutional applications. Symbiont’s smart contract provides complex financial instruments to outlive the whole life cycle on a network with end-to-end privacy. Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/nasdaq-blockchain-project-generates-20m-in-series-b-funding/ |
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U.S. Gov’t Shutdown is a Major Threat to the Cryptoasset Industry, 2019 & 2020 Top Global Economies The U.S government has been in a shutdown for more than a month now. So far, this is the longest shutdown in the U.S history and it’s still proceeding since the Parliament in not in position to fund Trump’s idea of constructing a wall on the Mexican border. Several industries are paralyzed and immobile, and employees are not being paid, having to recourse to living on foodstamps. Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/us-govt-shutdown-is-major-threat-to-cryptoasset-industry/ |
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Italy: Blockchain is the Century’s Most Key Innovation, More Applications Looked at in 2019 Italy has for long been working hard to make the ends meet in the field of technology including Blockchain and cryptocurrency. Blockchain technology is a more ‘basic tech’ that has the capacity to create massive new technologies and many new bases for the world economy and other social systems, and due to this, it will overthrow several business models. These are some examples of applications being looked at in Italy this year via projects startup: reward customer loyalty, track & project valuable products, finance, smart contracts, identity, internet of things, and digital government: https://coinidol.com/italy-blockchain-is-century-most-key-innovation/ |
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The first go-ahead for blockchain technology regulation in Italy, and smart contracts amendments to the Simplification Decree, finally happened on January 24. The proclamation was officially released in the Senate & the Italian Parliament on Wednesday, according to the Italian newspaper Sole24ore. According to Fulvio Sarzana, a blockchain expert chosen by MiSE, this effort is aimed at: “The possibility of giving legal value to a transaction that uses an electronic and blockchain, without the need of notaries or central certification bodies.” Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/blockchain-tech-smart-contracts-regulation-is-underway-in-italy/ |
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In Italia è in corso la regolamentazione della tecnologia Blockchain & Smart Contracts Il primo passo avanti per la regolamentazione della tecnologia blockchain in Italia, e gli smart contracts, emendamenti dal Decreto Semplificazioni, sono stati presentati il 24 gennaio. L’annuncio è stato ufficialmente rilasciato al Senato e al Parlamento italiano mercoledì, secondo il quotidiano italiano Sole24ore. Fulvio Sarzana, un esperto di blockchain scelto dal MiSE, ha affermato che questo sforzo è finalizzato a: "La possibilità di dare valore legale a una transazione che utilizza un sistema elettronico su blockchain, senza la necessità di notai o organismi di certificazione centrale". Leggi i dettagli nell'articolo di Coinidol dot com, l'outlet mondiale di blockchain: https://it.coinidol.com/la-regolamentazione-della-tecnologia-blockchain/ |
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EO.Finance Launches Highest Paying Crypto Referral Program of 2019 The EO Referral Program, already touted to be a significant addition to the ecosystem has been launched, and more details can finally be revealed. Offering 30% of transaction fees for each referral, it is expected to be the highest paying crypto referral program of 2019. The EO Referral Program will also extend to EO.Trade following launch, meaning it will be possible to earn from a single referrals transactions across multiple products within the EO ecosystem. It is important to note that the figure of 30% is significantly more than most competitors offer. Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/eo-finance-launches-highest-paying-crypto-referral-program/ |
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Four Major Crypto & Blockchain Strategies for Italian Businesses Potential entrepreneurs think that in the 2019 framework, Italy will create economic value from distributed ledger technologies. Now, there are 4 potential entrepreneurial strategies, with various risk profiles and levels of value creation for the Italian scheme – in terms of acquisition, transfer of knowledge and job creation. Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/four-major-crypto-blockchain-strategies-for-italian-businesses/ |
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During the “Bitcoin & Blockchain beyond the hype,” an event organized by the University of Naples Federico II and the Blockchain Education Network (BEN) association in Italy on January 18, various experts participated including Professors, PhD students and University engineering students. In order to understand the concept very well, a lesson on blockchain and a brief economic history from barter trade to Bitcoin (BTC) was presented by Professor Nicola Mazzocca, from the Dept. of Computer Science & Systems, conservator of the occasion on behalf of the institution. Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/italy-takes-crypto-blockchain-industry-to-next-level/ |
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Russia to Release a Draft Law Allowing Entities to Use Crypto for any Transaction According to Russian news agencies, the new draft law will enable certain companies or industries such as IT, AI, and those working with blockchain to use cryptos as a method of payment. The initiative has been curated by the Ministry of Economic Development and is characterized as being of experimental nature. The first regions to try a new regulation may become Kaliningrad and Tatarstan. Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/russia-to-release-draft-law-allowing-entities-to-use-crypto/ |
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Two Dutch Financial Authorities are Pushing For a National Licensing System for Cryptoasset Exchanges The Netherlands Authority for the Financial Markets (AFM) and De Nederlandsche Bank (DNB), the country’s central bank, are industriously thrusting ahead for a national licensing scheme for digital currencies. AFM and DNB recently released a report proposing that fiat-to-cryptocurrency exchanges and all custody service providers should be fully licensed as digital currencies carry “major financial crime risks.” Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/national-licensing-system-for-cryptoasset-exchange/ |
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Law 30/2019 amending the Fiscal Code became active on Sunday January 20, 2019 and introduces freshness to the system of Romania, viz. classifying the profits accumulated from Bitcoin (BTC), the flagship crypto and other cryptoassets as financial gain accruing over a given period of time from other sources. The earnings from BTC will be subjected to income tax by the tax authorities. Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/earnings-from-bitcoin-are-now-subject-to-income-tax-in-romania/ |
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Nell’economia della conoscenza ciò che una persona sa o non sa fare costituisce una delle sue qualità principali. Ma c'è necessità di strumenti per riconoscere le competenze in una maniera ragionevole ed essere capaci di incrementarle nel sistema economico. Diverse iniziative stanno prendendo piede, con l’Italia al primo posto. Una metodologia condivisa, giusta e credibile per il riconoscimento di competenze digitali per poterle valorizzare al meglio. È questa una delle maggiori sfide per il futuro, sia per le istituzioni educative sia per le aziende. Si tratta di una sfida culturale ed economica che si potrà vincere conciliando le prospettive di tutti gli attori coinvolti, in cui la tecnologia gioca un ruolo fondamentale. Leggi i dettagli nell'articolo di Coinidol dot com, l'outlet mondiale di blockchain: https://it.coinidol.com/competenze-digitali-sistema-economico-italia-protagonista/ |
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Market Cap Drops from $124B - $119B, Bitcoin’s Continuous Collapse Could Cause Turmoil The crypto industry has experienced another significant wipeout of around $5 billion that has affected Bitcoin (BTC), the flagship digital currency, gravely, placing it under the $3,500 level. At press time, the market cap is at $119 billion, falling $5 billion from Sunday’s (Jan 20) total of around $124 billion. Several traders have previously raised their interest, claiming that a collapse below the $3,500 level could push the BTC price to the $3,000 area or lower, if the bearish trend continues. Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/market-cap-drops-from-124b-119b/ |
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New Zealand: Binance Finally Halts Transactions of Funds Stolen in Hacked Cryptopia Crypto Exchange Binance, the biggest cryptocurrency exchange in the world in terms of trading volume, has frozen funds which were maliciously stolen from the hacked Cryptopia digital currency exchange earlier last week. As reported by Coinidol, more than 40 users are demanding a refund from Cryptopia. The police and other relevant authorities are still investigating into this matter. This has caused hacked Cryptopia to cry for help. The CEO of Binance, Zhao Changpeng, proclaimed the news on Wednesday via Twitter. Read more: https://coinidol.com/new-zealand-binance-finally-halts-transactions-of-funds-stolen/ |
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Bitcoin Price Likely to Drop to $2,400 & Lure Wall St. to Purchase the Plunge In the latest Bitcoin (BTC) versus Silver (SLV) analogue piece, remarkable similarities can be seen in the charts. Trying to puzzle out the time frame of the consolidation point is very crucial. In Silver, the consolidation period timing was more than 90 days, nevertheless, the 500% rally also took around 30 months. In Bitcoin, the 500% rally took around 9 months. Therefore, the consolidation time in BTC is around 30 days rather than 90. Any hint as to when the next action happens is decisive as far as trading Bitcoin Derivatives is concerned since timing is everything! Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/bitcoin-price-likely-to-drop-to-2400-lure-wall-st/ |
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Aumentano in Italia le iniziative di Mobilità Condivisa, e con queste continua a diffondersi la tecnologia Blockchain che sarà utilizzata per registrare i dati riguardanti i noleggi. La Blockchain continua a penetrare nella società in tutto il mondo, senza che la stragrande maggioranza della popolazione se ne renda nemmeno conto. In Italia l’ultima iniziativa è pronta all’avvio: monopattini in sharing. Si attende soltanto l’aggiornamento dell’impianto legislativo da parte degli organi competenti, che dovrebbe avvenire entro il mese. L’emendamento alla Legge di Bilancio approvata alla Camera lo scorso Dicembre impone al Ministero dei Trasporti l’azione in questo senso, ovvero un Decreto Legge, per regolamentare la sperimentazione sulle strade. Leggi i dettagli nell'articolo di Coinidol dot com, l'outlet mondiale di blockchain: https://it.coinidol.com/mobilita-condivisa-diffusione-blockchain-italia/ |
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Ethereum (ETH) developments happened at each level of the ETH ‘stack’ that includes the core protocol and the users who launch it known as ‘Layer 1.’ This development includes the supporting developer tools and facility, which enable engineering on ETH’s potential. It also includes ‘off chain’ technologies, which enables developers to create fast and performant applications. It further includes the goods and commercial enterprises built on ETH, according to a hackernoon report. Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/year-of-ethereum-experiments-most-important-deployments/ |
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The crypto market has been pretty bearish over all of 2018. Many investors lost faith in crypto and gave up trading. Digital currency exchanges have had a lot of troubles over this period too. Apart from low trading volumes and insufficient user activity, what are the other threats that crypto exchanges have to deal with? Crypto exchanges, which were booming during the bull market, have had to face an unpleasant reality and survive in the conditions of paltry market caps. As for the future, the situation may become even more challenging, as competition for a customer will only increase. Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/what-threats-cryptocurrency-exchanges-struggling-with/ |
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